Daily Policy Digest

Economic Issues

Effect of the Minimum Wage on Hours Worked

While economic theory predicts negative consequences from minimum wage hikes, a number of studies have produced empirical evidence showing no job losses from increasing the minimum wage...

Obama's Top Three Measures to Reduce the Deficit

President Obama is relying on three main measures to cut the deficit: defense cuts, reducing payments for Medicare services and raising taxes...

What Do Federal Regulations Cost the Economy?

The average manufacturer pays $19,564 per employee each year in federal regulatory costs...

Majority of Americans Are Now Single

More than half of American adults are not married today -- up from 37 percent in 1976...

Unemployment Is Down Because Fewer Americans Are Looking for Work

Because of the way that unemployment is measured, the falling unemployment rate overstates the health of the American labor market...

The Wage Hike Is Really a $5,700 Tax

If businesses are forced to pay an additional $2.85 per hour for all unskilled laborers, that amounts to an "unskilled labor tax" of $114 per week, adding up to $5,700 annually...

Which Cities Are Most Accessible?

When it comes to congestion, travel time and traffic gridlock, American cities tend to do better than their foreign counterparts...

Higher Wages for Fast-Food Employees Come at a Cost

Of minimum wage workers, two-thirds receive raises within one year of employment...

More Regulations Mean Less Productivity

From 1997 to 2010, output per worker in the least regulated industries increased 63 percent, while output in the most regulated firms increased just 33 percent...

Government Policies Inadvertently Hurt Black Americans

In an interview with Reason TV, author Jason Riley discusses how government policies have hurt the black population...


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