Daily Policy Digest

Economic Issues

Price Fixing in Construction Contracts

By mandating higher wages (and because of the inefficiency of union work rules), the David-Bacon Act probably increases construction costs by 15 percent to 20 percent...

The Real Wage Gap Problem

Since 1980, men's wages have risen only by 6 percent, while women's wages have risen by 60 percent...

Liberating the Poor from Poverty

A work safety net -- which would guarantee a full-day, minimum-wage job -- could completely eliminate poverty in America, says Peter Ferrara, a senior fellow at the National Center for Policy Analysis...

United States Must Preempt Deflation

Deflation is self-reinforcing, because when prices fall it reinforces the desire of households and firms to hold onto cash -- they can earn investment returns by doing nothing with their money...

Allowing Foreign Airlines in U.S. Markets

Many European carriers have lower costs than U.S. airlines and could fill the gaps in domestic transportation...

Can Entrepreneurship Be Taught?

Between 2007 and 2009, Sweden, Israel, Romania, Spain, Mexico, Italy, Estonia, Finland, New Zealand, Austria and Brazil all had faster start-up rates of new companies than did the United States...

How the Minimum Wage Increased Unemployment in 2013

A $1 increase in the minimum wage increased the unemployment rate by 1.48 percent and led to a 0.18 percent decrease in the net job growth rate...

Proposed Ivory Ban the Wrong Approach

A proposed ban on elephant ivory trading by the Department of the Interior is unlikely to reduce the illegal ivory trade...

Success of the National Labor Relations Act

Rather than create a vibrant union employment sector, the National Labor Relations Act seems to have created a strong nonunion sector instead...

Why Is the Labor Force Participation Rate So Low?

The United States should reconsider what the proper role for the federal government is in the labor market...


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