Daily Policy Digest

Economic Issues

Obama's Broken Window Fallacy

At a general level, employment created as a result of a government policy is a cost rather than a benefit for the economy as a whole...

U.S. Department of Agriculture's Corrupt Seizing of Raisins

An elected board of bureaucrats known as the Raisin Administrative Committee decides what the proper yield of raisins should be in any given year in order to meet a previously decided-upon price...

The Conundrum of Chinese Economic Growth

Cheap credit and perverse incentives in the Chinese economy have led to massive but redundant investment, which, in turn, has contributed to excess capacity in manufacturing and infrastructure...

Purchasing Power Parity: The End of Deceptive Inflation Reports

Often, it is difficult to obtain timely, reliable exchange rate and inflation data for countries with troubled currencies...

Foreign Investment in the United States and Three Latin American Countries

In 2011 the United States received a flow of foreign direct investment of nearly $227 billion, and Americans invested directly abroad almost $400 billion...

The Most Damaging Action Taken Under Dodd-Frank

The fact that there is still a belief in the markets and in the political class that too-big-to-fail still exists is a demonstration that the orderly liquidation authority under Dodd-Frank is not a credible solution and should be repealed...

Small Businesses' Top Concern: ObamaCare

Seventy-one percent of small businesses say the health care law makes it harder to hire...

United States Should Increase Relations and Trade with Foreign Countries

In 2013, the U.S. score on the Index of Economic Freedom dropped for the sixth year in a row to 10th place...

Washington D.C.'s Plan: Stop Walmart First, Help the Poor Second

If Washington and other cities with high poverty and unemployment rates really want to turn things around, they should embrace economic development like a new Walmart...

Unemployment Isn't Going Anywhere Fast

The U6 unemployment measure, which includes workers who have recently been dropped from the labor force, increased dramatically from 13.8 percent to 14.3 percent from May to June...


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