Daily Policy Digest

Economic Issues

The Benefits of Free Trade

Over time, free trade works with other market processes to shift workers and resources to more productive uses, allowing more efficient industries to thrive...

Enterprise-Friendly Cities

Working together with businesses, city leaders can bolster expansion into national markets and exports to reach global markets...

Negative Effects of Minimum Wage Increase

New Jersey's new increase in the minimum wage will increase unemployment among workers without a high school education by approximately 2 percentage points...

New Homes Built for Renters

Last year 5.8 percent of the 535,000 single-family homes started were being built as rentals, up from 4.8 percent in 2011 and the highest share since at least 1974...

The Reality of the "Real Wage"

Calculating trends in the real wage is much harder than we realize, because every household has different tastes...

Beware the Monetary Cliff

Unlike the U.S. fiscal cliff, which was largely defused by congressional action, the U.S. monetary cliff -- which will be reached if U.S. inflation rates turn negative -- cannot be easily circumvented...

Public Cost of Fast Food Industry Pay Remains Unclear

Fifty-two percent of fast food workers receive benefits from government programs...

Why the Workforce Is Lacking Young People

Less than 78 percent of people aged 20 to 34 either have jobs or are looking for work; that's down from the peak of 83 percent in 2000, and the lowest since the 1970s...

U.S. Sugar Policy Sends Candy Makers Abroad

From 2000 to 2012, the average price of U.S. sugar was more than double the worldwide average...

Unemployment Caused by Increased Unemployment Benefits

Most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of unemployment benefit eligibility...


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