Daily Policy Digest
Economic Issues
| The Next Great Tech Growth Cycle After the recession of the 1970s, many were convinced that technological innovation had been tapped out, but this was proven wrong by the 1980s... |
| How Do Spending Cuts Affect an Economic Recovery? Spending-based adjustments are followed by mild, short-lived recessions and in many cases no recession at all; yet tax-based adjustments create deep and prolonged recessions... |
| Education, Job Openings and Unemployment in Metropolitan America A new paper from the Brookings Institution aims to provide metro, state and national policy makers with a better sense of the specific problems facing metropolitan labor markets... |
| Understanding the Multifamily Mortgage Market Currently, multifamily rental housing accounts for 15 million, or 13 percent, of households and 43 percent of renters... |
| A Better Way to Track Unemployment The complement of the ratio between the employed and the working age population, called the not-employed rate, shows that 41.4 percent of the population was not-employed as of June 2012, says R. David Ranson, a senior fellow with the National Center for Policy Analysis... |
| What Can Central Banks Do? The persistent inability of the Federal Reserve to stimulate aggregate demand makes it difficult to escape the reality that the U.S. economy is stuck in a liquidity trap... |
| How the Great Recession Has Jeopardized Our Demographic Health The 2010 U.S. Census found that the number of households with children age 18 or under was 38 million, unchanged from 2000, despite a 9.7 percent growth in U.S. population... |
| World Hyperinflations The study of hyperinflation suffers from a lack of consensus on definitions, classifications and sloppy reasoning... |
| Free Trade and Cigarettes It is often difficult to distinguish between laws that protect against smoking and those that seek to discriminate against foreign competitors... |
| California's Boom Masks State's Uneven Recovery California's economy has experienced a boom with a $2 trillion annual output, which is bigger than all but nine countries; yet California has a 10.7 percent unemployment rate -- higher than all but two states... |
