Daily Policy Digest

Nominal Income and Real Income Vary By State

What is the real value of $100 in each state?...

Don't Add More National Parks, Just Fix Them

With a large backlog of deferred maintenance, the National Park Service can barely afford to maintain its current parks...

Home Buying Decisions Driven by Leverage

The strength of housing demand is strongly affected by household wealth, income and the quantity of available financing...

Understanding Benign Liquidity Traps: The Case of Japan

Credit constraints may be more important for macroeconomic performance than interest rates...

Recent Declines in Labor's Share of Income

Since the onset of the financial crisis, labor's share of national income has fallen below historical levels...

Blood Tests Could Soon Be as Easy as a Trip to The Drugstore

A new way to conduct blood tests is transforming healthcare costs...

The Effect of Succession Taxes on the Family Business

Succession taxes lead to a more than 40 percent decline in investment around family succession…

Will Competition Arise for Multi-State Health Plans?

Recent regulations are unlikely to make the Multi-State Plan program a robust platform for health insurance competition...

Highway Trust Fund Basics: A Primer on Federal Surface Transportation Spending

The Highway Trust Fund is nearly insolvent...

No More Bee-Pocalypse

Talk of the loss of honeybees has been widely overblown as honeybee-colony numbers hit a 20-year high…


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