Daily Policy Digest

Economic Issues

The Poor Are Not Getting Poorer

Over half of taxpayers moved to a different income quintile from 1987 to 1996 and from 1996 to 2005...

Get Rid of Zoning Laws

Zoning laws with a free market would ultimately lead to the most efficient outcomes, as developers and residents bargain for property rights...

Economic Freedom Helps Poverty More Than Government Aid

Increasing the freedom of a state by one unit (the equivalent of the 40th freest state becoming the 7th freest state) increases the income of the poorest residents by 11 percent and the incomes of the top 20 percent by 4.3 percent...

Getting Rid of Investor-State Dispute Settlement

The Investor-State Dispute Settlement mechanism weakens the rule of law, forces public subsidization of investment risk and encourages outsourcing...

America Needs to Rethink Retirement

A 2005 study of Japan found that increasing the retirement age from 60 years old to 65 years old could raise per capita gross domestic product by 10 percent by the year 2025...

The Netflix-Comcast Deal: Much Ado about Nothing?

Agreements that eliminate third parties, like the Netflix-Comcast deal, tend to bring greater efficiency...

Minimum Wages: A Poor Way to Reduce Poverty

A government-mandated wage floor raises the cost of low-skilled labor, which incentivizes firms to cut jobs or reduce employee work hours...

Cash No Longer a Vehicle for Saving

With the Federal Reserve's zero interest rate policy and government incentives that encourage consumer spending, it is not realistic to expect savers to fuel economic growth because there is little reason to put money into savings, says R. David Ranson, a senior fellow with the National Center for Policy Analysis...

Looming Retirement Crisis

Sixty-six percent of American workers have saved less than $50,000 for retirement, while 28 percent have saved less than $1,000...

An Alternative to Higher Capital Requirements

While requiring larger levels of capital would reduce the risk of insolvency, there are other ways to deal with the problem -- specifically, incentivizing banks to make more prudent decisions and take on less risk in the first place...


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