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Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
Why Small Businesses Aren’t Using the Health Insurance Tax Credit Scott Shane 05/24/2012
If you want small business owners to use a benefit, don’t make it more costly to get than it’s actually worth.
Why We Need Principles-Based Regulation Arnold Kling 05/22/2012
Instead of regulating the boundaries between what is approved and what is forbidden, perhaps we should lay out broad but well-defined principles that businesses are expected to follow.
Public-Sector Pensions: The Transition Costs Myth Andrew G. Biggs 05/21/2012
Public-sector employees and the pension industrial complex are using deceptive and self-serving arguments despite having an obligation to provide the public with solid facts.
The Hayek Effect: The Political Consequences of Planned Austerity Lee Harris 05/17/2012
Why the political revolt in Greece may not be a fluke, but a harbinger of more revolts to come.
A Tax Increase without the Pain Steve Conover 05/16/2012
Here’s the best way to address the nation’s unfunded liabilities for Medicare and Social Security.
When Reducing Barriers Leads to More Failed Businesses Scott Shane 05/09/2012
While you get more business formation if you reduce the barriers to starting companies, you don’t necessarily get more successful entrepreneurship.
Placing the American Gas Boom in Perspective Vaclav Smil 05/03/2012
Natural gas will continue its conquest of global and national energy supplies.
Why Aren’t Banks Lending to Small Business? Ask Bernanke. Scott Shane 05/02/2012
Banks profit by making loans, not refusing them. So why are banks making fewer loans to small business these days?
The Debt Ceiling Distortion Steve Conover 04/27/2012
Maybe it’s time to redefine the ‘debt ceiling’—to give it some teeth.
Would You Settle Your Claims on Social Security for 80 Cents on the Dollar? (I Would) Alex J. Pollock 04/26/2012
Creditors of an insolvent debtor can agree to settle their claims for less than 100 cents on the dollar. So why not the American people when it comes to Social Security?
 
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