Daily Policy Digest
Economic Issues
| Three Perspectives on Population Growth and Living Standard Increased investment in research and development, along with the invention of brand new ideas, are two of the greatest drivers of aggregate economic growth... |
| New Minimum Wage Cuts Both Ways On January 1, San Francisco will become the first big city in the United States with a minimum wage topping $10 an hour... |
| The Class Warfare We Need The battle lines of class warfare should not be drawn with respect to income; rather, they should be drawn with respect to whether a person's wealth is earned... |
| Why Unemployment Is Worse Than You Think The current unemployment rate fails to account for older generation workers who have a tendency to accept early retirement, as well as potential young workers who choose not to enter the labor force... |
| Cash-Strapped States Bet On Gambling Recognizing the impending budget shortfalls, in 2009 and 2010 alone, 37 states pushed for increased gambling outlets... |
| Investor Speculation and the Housing Bubble At the peak of the housing boom in 2006, over a third of all U.S. home purchase lending was made to people who already owned at least one house... |
| Russia's Entry into the World Trade Organization Is in America's Interest Through the first three quarters of 2011, Russia ranked 31st among nations as a market for U.S. goods exports and 16th as a source of U.S. goods imports... |
| Economic Performance and Government Size A recent study by researchers with the European Central Bank shows a negative effect of the size of government on growth and that government consumption is consistently detrimental to growth... |
| The Private-Sector Pension Predicament The Pension Benefit Guaranty Corporation's latest annual report shows a net deficit of over $23 billion... |
| America's Public Sector Union Dilemma Unlike in the private sector, public sector unionization has not fallen at all over time, but has remained steady at around 45 percent since the early 1980s... |
