Daily Policy Digest

Economic Issues

Privatizing OPIC

Countries with strong business climates are most likely to attract investment. When OPIC guarantees investments in risky environments, those countries have no incentive to adopt more favorable policies...

Debunking Myths About Inequality

For the richest one percent of Americans, only 15 percent of their wealth is from an inheritance. Rather, wage income is responsible for the majority of wealthy Americans' net worth...

Designating Investment Funds as SIFIs: The Cost to Investors

Designating investment funds as "systemically important financial institutions," would have a significantly detrimental impact on investors...

The Irrelevant Unemployment Rate

There are plenty of alternatives to work today, as government support programs have made voluntary joblessness a feasible option...

Dubious Claims from the Federal Reserve

Federal Reserve Chair Janet Yellen testified that the Fed would be able to keep inflation in check. But as Carnegie Mellon professor Allan Meltzer explains, no country in history has been able to finance big budget deficits with central bank money and avoid inflation...

How Much Does Regulation Burden Employment?

For every $1 billion in new regulatory costs, employment in the regulated industry declines 3.6 percent. For an average industry, that is a loss of 8,101 jobs for every $1 billion in regulation...

The Best Anti-Poverty Tool: Jobs

Research indicates that those who find a job after losing one experience reduced earnings for up to two decades afterwards...

Free-Market Principles for Agricultural Policy

Farmers should be able to succeed on their own merits, not require subsidies in order to succeed. Ensuring that farmers are profitable is not the role of the government...

How to Boost the Economy

By allowing natural gas exports, the U.S. could sell gas to Europe and Asia, undercutting Russia's market. Right now, more than two dozen natural gas export applications are waiting for approval at the Department of Energy, some of which have sat there since 2011 and 2012...

Why Unions Support Minimum Wage Hikes

While businesses are forced to slow down hiring and lay off workers when the minimum wage rises, unions see more money and their workers receive higher wages...


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