Daily Policy Digest
Government Issues
| Deposit Insurance and Bank Stability Higher deposit insurance coverage tends to undermine market discipline and aggravate the moral hazard problem associated with deposit insurance... |
| Growth Slows in America's Urban Cores Growth in America's large core cities has slowed, and in some cases even reversed... |
| Federal Transit Program Is Wasteful Since 1982, state and local taxpayers spent more than $750 billion in subsidies, yet transit's market share dropped by more than one-third... |
| Regulatory Death Spiral Homeowners insurance price regulation has been a dismal failure for consumers because it creates a dysfunctional market that produces higher costs and worse outcomes for consumers... |
| Telephone Subsidies Inefficient and Ineffective About $0.59 of every dollar distributed to telephone companies through the universal service program goes to "general and administrative expenses" rather than to making telephone service more affordable... |
| Overlapping Federal Programs Cost Taxpayers Billions, Says GAO Overlapping and duplicative programs cost taxpayers billions of dollars each year, according to a new report from the Government Accountability Office... |
| Federal Employees Earn More than Private-Sector Workers The federal pay system gives the average federal employee hourly cash earnings 22 percent above the average private worker's... |
| The Fed's Mandate When the Federal Reserve was created in 1913, Congress did not give it a monetary policy goal as we understand that term today, says Robert McTeer, a distinguished fellow with the National Center for Policy Analysis... |
| Regulating the Internet After luxuriating in lawless freedom, the Internet finally has its own cop... |
| Reforming the Criminal Defense System Defense vouchers will improve the quality of legal representation for the poor... |
