Daily Policy Digest

Economic Issues

Licensing Regulations Hurt Small Business More Than Taxes Do

By protecting established, older workers, the government's occupational licensing requirements make it hard for the young to enter the workforce as entrepreneurs...

Each Immigrant Creates 1.2 Local Jobs

Each immigrant creates 1.2 local jobs for local workers, most of them going to native workers...

U.S. Big Business Outpacing U.S. Economy

Over the last two decades, the largest U.S. companies have grown faster than the economy as a whole...

Gross Domestic Income: A Look at How Americans Are Paid

While GDP measures what gets purchased, GDI measures who gets paid...

Have Millennials Been Robbed of Their Birthright?

This is the first generation of young Americans that our government systemically disfavors and the first generation whose prospects are lower than those of their parents...

Federal Spending Undermines People's Freedom

ECONOMY — Policymakers will have to make large spending cuts eventually, and the sooner the better to avoid accumulating more debt...

Supplemental Entrepreneurship Benefits Low and Moderate Income Households

Supplemental entrepreneurship comes with many advantages, including autonomy, lower stakes and the flexibility to scale depending on customer response...

Imports a Boon to the United States Economy

Historically, the highest levels of U.S. employment growth tend to have occurred during periods when U.S. imports exceeded exports...

The Federal Reserve's Lackluster Record Good Reason to Reform

The Fed has strayed so far from the classic prescription for a lender of last resort—to provide short-term funds to solvent institutions at penalty rates—it strains all reason to suggest that it has successfully fulfilled that function...

The National Debt Climbs Despite Shrinking Deficits

While deficits have shrunk in recent years, the national debt remains at record high levels and trillion-dollar deficits are projected to return within a decade...


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