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Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
The Minimum Wage Can Never Be High Enough Ike Brannon 09/07/2014
The minimum wage is a facile non-solution for the complicated problem of poverty in America.
A Deficit of Reasoning on Jobs Derek Scissors 09/03/2014
The link between the balance of payments, GDP, and jobs is not as Paul Krugman and others assume.
‘The American Banking System Might Not Last Until Monday’ Alex J. Pollock 08/23/2014
Learning from the crises you’ve forgotten.
Good News for U.S. Capital Markets Peter J. Wallison 08/08/2014
The FSOC’s decision to back away from SIFI designations has major implications for the regulation of ‘shadow banking.’
In Defense of Price Gouging and Profiteering Benjamin Zycher 08/07/2014
If you don’t like price rationing, please explain how limited supplies of a good are to be allocated.
A Bipartisan Consensus on How to Fight Poverty? Arnold Kling 08/06/2014
In an otherwise bitterly partisan political environment, two recent policy proposals from both sides of the aisle share core ideas for reforming anti-poverty programs.
The Long-Hours Luxury Tino Sanandaji 08/04/2014
One factor that is often overlooked in the debate over causes of income inequality is a shift in the distribution of working hours. The rich now work more than the poor.
It's Time for Real Reform of Veterans' Health Care Joseph Antos 07/31/2014
The Miller-Sanders bill addresses the immediate crisis, but underlying structural defects must be corrected if we are to avoid more problems again soon.
Are Rising Health Care Costs Creating a Retirement Crisis? Andrew G. Biggs 07/26/2014
Progressives are proposing expensive expansions of Social Security, but the retirement crisis is overblown.
No Free Lunch for the ECB Desmond Lachman 07/25/2014
The IMF is urging the ECB to implement massive quantitative easing, but such a course of action is unlikely to promote short-term economic growth and would risk creating bigger bubbles in many asset markets.
 
AEI