Daily Policy Digest

Economic Issues

The World Is Better Off Today Than People Realize

The amount of extremely poor people has been cut in half over the last three decades, down to only 17 percent of the global population in 2010, compared to 42 percent of the population in 1981...

Does Keeping Large Retailers Out Help Small Retailers?

While UK regulations increased the cost of opening large retail stores, those retailers simply changed their strategies and found ways to compete even more directly with the protected, independent stores...

Asset Management Industry and Systemic Risk

When assets are funded with equity (as is the case in the asset management industry) rather than debt, systemic effects will not be felt when losses are suffered...

Governments Should Privatize Property

Italy currently has a public-debt burden worth 132 percent of gross domestic product, but it has not embarked upon a course of privatization, even though the state has corporate stakes worth $225 billion and $1.6 trillion in non-financial assets...

Can't Find Skilled Workers? Start an Apprentice Program

In Switzerland, 70 percent of young people age 15-19 apprentice in hundreds of occupations, including baking, banking, health care, retail trade and clerical careers...

Why We Should Wage a War on Economic Immobility Instead of Inequality

While upward mobility has not diminished over time, and while it has not been hurt by rising income inequality, it has nevertheless been stuck at unacceptably low levels for decades...

Who Is Dropping Out of the Labor Force?

Young workers -- ages 16 to 24 -- have seen the largest decline in labor force participation, dropping from 62 percent to 55 percent between 2003 and 2013...

Will Promise Zone Program Help the Poor?

Analysts are concerned that President Obama's "promise zone" program will only shift the problem around, simply drawing investment and jobs away from nearby places and into the targeted communities...

Countries Can Relieve Fiscal Stress by Selling Assets

Between 2005 and 2013, 11 of the 20 largest initial public offerings were sales of minority stakes by state-owned enterprises, most of them in developing countries...

America's Dwindling Economic Freedom

After seven straight years of decline, the United States has dropped out of the top 10 most economically free countries...


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