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Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
Uber Upstarts: Technological Progress and Its Discontents Michael M. Rosen 07/18/2014
The battle between new smartphone-enabled 'transportation network companies' and legacy taxicabs largely mirrors the age-old war over productivity, a war that only ever has one outcome.
Fixing the Child Care Penalty Alan D. Viard 07/12/2014
The current tax code denies families appropriate tax relief for work-related child care expenses. A new Senate bill would help correct this problem.
Piketty's Political Hunch George L. Priest 07/05/2014
In the many reviews of Thomas Piketty's 'Capitalism in the Twenty-First Century,' there has been no careful analysis of the author's conceptual structure.
The Genetics Revolution Challenge and How to Incentivize Biomedical Research Arnold Kling 06/30/2014
The genetics revolution poses challenges to the way that the FDA and patent system influence medical research. Prize-grants could be better suited to providing incentives for the sort of research becoming valuable.
Aereo Decision a Boon, Not a Bane for Innovation Mark F. Shultz 06/26/2014
Aereo’s system was a case of legal engineering rather than technical ingenuity.
The EPA Overreaches Again Blake Hurst 06/23/2014
A new EPA rule is a disaster for farmers and the traditional understanding of the relationship between the federal government and the states.
Europe's Energy Problem Desmond Lachman 06/20/2014
Developments in the Middle East and Ukraine show Europe needs to improve its energy policy or face serious economic consequences.
Attorney Fees in Patent Cases: There is a Middle Ground Michael M. Rosen 06/18/2014
Automatically awarding attorney fees to the prevailing party, at least in patent cases, would be a grave mistake and wreak havoc on our legal system.
The G-7 Weighs in on SIFI Designations Peter J. Wallison 06/16/2014
The Treasury and Federal Reserve, afraid of congressional opposition, sought G-7 support for accelerated SIFI designations of capital markets firms.
The Natural Gas Boom: Questions and Complications Vaclav Smil 06/15/2014
Complex changes do not bring unalloyed benefits, and rather than adhering to a simplistic infatuation with new riches, we should recognize a number of already obvious complications and ask a number of necessary questions.
 
AEI