Daily Policy Digest

Asset Management Industry and Systemic Risk

When assets are funded with equity (as is the case in the asset management industry) rather than debt, systemic effects will not be felt when losses are suffered...

Governments Should Privatize Property

Italy currently has a public-debt burden worth 132 percent of gross domestic product, but it has not embarked upon a course of privatization, even though the state has corporate stakes worth $225 billion and $1.6 trillion in non-financial assets...

Medicare's Long-Term Fiscal Outlook Not Good

Medicare's long-term costs are likely to be higher than currently projected, not lower...

Can't Find Skilled Workers? Start an Apprentice Program

In Switzerland, 70 percent of young people age 15-19 apprentice in hundreds of occupations, including baking, banking, health care, retail trade and clerical careers...

Six Major Hurdles to Implementing ObamaCare

A new report shows that only 2.2 million people enrolled for health insurance plans in the exchanges in October through December, compared to a forecast of 7 million...

Fiscal Condition of the 50 States

Overall, the states in the best fiscal condition are Alaska, South Dakota, North Dakota, Nebraska and Wyoming; at the bottom of the list are California, Massachusetts, Illinois, Connecticut and New Jersey...

Can the Poor Afford ObamaCare?

Even with subsidies, insurance is going to remain unaffordable to swaths of Americans under the Affordable Care Act...

Progressive Tax Code Not Visible in Tax Expenditures

The top quintile of earners receives 50.6 percent of tax expenditures but pays 94.1 percent of individual income taxes...

Why We Should Wage a War on Economic Immobility Instead of Inequality

While upward mobility has not diminished over time, and while it has not been hurt by rising income inequality, it has nevertheless been stuck at unacceptably low levels for decades...

British Experience Shows Problems with Government-Run Health Care

A recent European Commission report found that Britain has fewer doctors per person than nearly every other European country (that's only 2.71 doctors for every 1,000 people)...


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