Daily Policy Digest

Economic Issues

Dodd-Frank Act and Mortgage Reform

The actual features of the mortgage market that most directly led to the financial crisis are either not addressed by the new Dodd-Frank laws or have only been made worse by regulations...

Economy Growing Slowly Due to Antigrowth Policies

The slow economic recovery has cost the United States $1.3 trillion in gross domestic product compared to past economic recoveries, according to a study from the Joint Economic Committee...

Minimum Wage Hike Could Cost 500,000 Jobs

A Congressional Budget Office report concluded that a minimum wage increase to $10.10 would lift 900,000 workers above the poverty line, but cost 500,000 jobs...

Costa Rica: Growth without Poverty Reduction

Costa Rica's economic model is largely mercantilist; its policies have benefited the country's export sectors but hurt Costa Ricans as a whole...

Securities and Exchange Commission Rule Change Would Devastate Small Business

The U.S. Securities and Exchange Commission is considering a rule that would reduce the number of small business and start-up investors by 60 to 70 percent...

Economic Gains from Eliminating Travel Visas

By eliminating travel visas, the United States could see an increase of 45 million to 67 million tourists each year, which adds up to somewhere between $90 billion and $123 billion in visitor spending...

One in Six American Men Not Working

More than 10 million men ages 25 to 54 do not have jobs today, a function of the slow economy as well as technology and globalization...

Employment Rate Falling for Older Populations

A Swiss study found that permanently reducing retirement benefits by 3.4 percent would result in a 50 percent decline in retirement probability...

The Effects of Living Wage Laws

One study found that a 100 percent increase in the living wage reduces employment for low wage workers by 12 percent to 17 percent...

Endogeneity and Quantitative Easing

The Federal Reserve's use of quantitative easing and stimulus are becoming less and less effective as a result of "endogeneity" -- a practice of taking measures that can be predicted in advance...


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