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How to Fairly Tax Families

Based on fairness concerns, there’s a strong case for making the tax system more marriage neutral by shifting to individual rather than family-based taxation, and for providing increased support to low-income individuals without children.

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When Setting Tax Policy, Don’t Forget About Long-Run Growth

Neither party will always welcome estimates of how their proposals affect long-run growth. But the American people should welcome the prospect of their elected representatives being asked to think further ahead than the next election.

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The Death of Money

The prospect of the dollar failing, and the international monetary system with it, looks increasingly inevitable. The dollar nearly ceased to function as the world’s reserve currency in 1978, and similar symptoms can be seen today.

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Crowdfunders' Losing Deal

Shouldn’t those who contribute the funds to launch successful startups also share in any profits?

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Crude (Oil) Politics

The Obama administration's approach to the public policy challenge of energy production and consumption ignores three important energy realities.

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Hoping for China's Success

There is one effort in which everybody should wish to see China successful: preservation of the country’s farmland. It has already been reduced to well below the level needed to keep the country self-sufficient in grain production.

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A National Minimum Wage Is a Bad Fit for Low-Cost Communities

A one-size-fits-all minimum wage, without any adjustments for the significant differences in the cost of living across the country, will disproportionately affect low-skilled workers in low-cost areas.

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Senator Warren Gets Taken In by a False Analysis

A St. Louis Fed paper is being cited as 'proof' that affordable housing goals did not contribute to the subprime mortgage boom. While it might delight some lawmakers by supporting their position, the paper’s analysis is mistaken.

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Tempest at a Tea Party

For 50 years, the IRS has been exceeding its authority. The agency should get out of the business of regulating political speech.

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San Francisco's Growing Class Conflict

Instead of protesting better private transportation for others, San Franciscans should demand improved public services.

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Do We Really Need a Larger IMF?

Several developments should cause the U.S. Treasury to reverse itself in favor of a smaller International Monetary Fund.

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How to Avoid Another Global Financial Crisis

Human emotions and animal spirits are increasingly driving economic outcomes.

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One Step Closer to Tax Reform

House Ways and Means Committee Chairman Dave Camp’s tax reform proposal shows political courage and embraces admirable policy objectives.

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Motor City's Next Moves

Detroit recently submitted its financial restructuring plan to court and approved a privatization deal. Here are several other proposals for turning the city around.

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GDP and Measuring the Intangible

GDP statistics lead us to take an overly pessimistic view of the economy. There is no Great Stagnation. There is only a widening gap between the rate of economic improvement and our ability to measure that improvement.

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Keystone XL: Sachs Strikes Back

Fact-free he began and fact-free he remains.

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Yellen’s Wishful Thinking

The new head of the Federal Reserve is imprudently dismissive of concerns about recent international economic developments.

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The Looting of Detroit’s Pensions

Giving elected officials the power to change the ways that public employees earn future benefits may make the difference in avoiding further Detroits.

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Germany's Energy Goals Backfire

Germany’s radical initiative to subsidize renewable electricity generation has resulted in higher carbon dioxide emissions and the most expensive electricity in Europe, with the poor disproportionately bearing the burden.

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The Fact-free Opposition to Keystone XL

Contrary to opponents of Keystone XL, the pipeline would have virtually no effect on global warming, and the world is not experiencing more frequent and extreme climate-related events.

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