Daily Policy Digest
|Taxi versus Uber: The Regulations, the People, the Money and the Future
The ride-hailing service Uber is only six years old, yet it has already inspired a host of imitators, such as Lyft, Wingz and Taxify. It has also sparked fierce opposition from the taxi industry, which is being undercut by Uber's business model, writes NCPA Research Associate David Sobczak...
|California's Bag Ban: A Wealth Transfer from Customers to Big Grocers
In 2014, the California State Legislature passed, and Gov. Jerry Brown signed, Senate Bill 270, a statewide ban on plastic bags scheduled to take effect in July 2015. Before this bill passed, many California counties and municipalities enacted their own plastic bag bans with little fanfare. However, upon reading SB 270, the public discovered that it would line the pockets of grocers at the expense of consumers, writes NCPA Senior Fellow Pam Villarreal...
|The Disappearing Gender Pay Gap
Women actually make at least 93 cents to 95 cents for every dollar a man makes "for the same work," perhaps even more, writes NCPA Research Associate Colin Combs...
Gold is a useful hedge against inflation and uncertainty, but investing in it speculatively is not always a good strategy. In 2011, the price of gold climbed to historic heights; but since then, it has fallen significantly, though not to pre-Great Recession levels, writes NCPA Research Associate Colin Combs...
|The Obama Economy and the Shrinking Middle Class
The Obama economy has not served the middle class well, writes Mark J. Perry and NCPA Senior Fellow Thomas Hemphill...
|The Deep Causes of Today's Struggling U.S. Economy
The American economy is growing. But compared to other recessions in the post-World War II era it has not bounced back to its long-run trend, writes Ryan H. Murphy,research assistant professor at the O'Neil Center for Global Markets and Freedom,SMU Cox School of Business.
|A Practical Approach to Occupational Licensing Reform
Occupational regulation is the traditional bailiwick of state governments, with the federal and local governments in a secondary role, writes NCPA Senior Fellow Thomas Hemphill.
|Labor Unions and the Joint Employer Rule
An expanded interpretation of the "joint employer" rule could cost franchise operators billions of dollars and lost jobs, writes NCPA Senior Fellow Pam Villarreal and Research Associate Laura Wiltshire.
|The Minimum Wage Debate
For several years now, stagnant wage growth and a sputtering economy have encouraged a movement by labor rights groups and others to raise the minimum wage. Politicians on the left and some on the right have called for an increase in the minimum wage to as high as $15 an hour. Supporters claim that a minimum wage that is more than double the current $7.25 an hour will reduce poverty and inequality with little impact on employment, citing empirical studies that show no adverse effect. Opponents, however, are skeptical. They also cite findings showing that an increase in the minimum wage would increase inequality and do little to alleviate poverty, writes NCPA Senior Fellow Pam Villarreal.
|How the New Overtime Pay Rule Will Hurt the Middle Class
It is inevitable that businesses will make changes to their compensation model to offset the costs of the new overtime pay rule, writes NCPA Research Associate Danielle Zaychik.