Daily Policy Digest

Economic Issues

There Is Not Much to Show for the Summer of Recovery

Borrowing $830 billion back in 2009 did not improve the economy...

Are Africa's Economies Growing While Poverty Increases?

The number of people in Africa reportedly living under $1.25 a day has continued to creep upwards from 358 million in 1996 to 415 million in 2011...

Good Jobs and The Prospect of a Better Future is More Important than Good Intentions

The black suburbanites in Baltimore not only make more money than their urban counterparts but their life expectancy is at least eight years longer...

Lack of Demand Hurting the Economy

If investors are unable to earn interest on a safe investment such as a Treasury bond or a bank's certificate of deposit, they will naturally seek riskier assets to generate income...

Minimum Wage Hurts Small Business in San Francisco

While forcing hundreds of Bay Area small businesses to close, cut staff, or overhaul their practices, San Francisco lawmakers have given multimillion-dollar tax breaks to lure or keep technology giants...

Lessons From Japan's Lost Decades

Economists have found that prices in Japan have not increased since the mid-1990s...

Open and Operating Ports Put Cash in Worker's Pockets

During the West Coast port slowdown of 2014–15, apple farmers lost $19 million per week...

Debt Is Becoming a Growing Problem in Retirement

The percentage of homeowners 65 and older with mortgage debt increased from 22 percent in 2001 to 30 percent in 2011...

Monetary Stimulus Does Not Compensate for Real Wealth Creation

We live in a world of pure discretionary government fiat monies, and a political environment in which the focus is short-term palliatives rather than long-run solutions...

Welfare and Social Insurance Lead to Declining Desire to Work

Changes in the provision of welfare and social insurance explain about 60 percent of the decline in desire to work among prime-age females, and attribute between 50 and 70 percent of the decline in mothers' desire to work...


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