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Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
Can Obama Punt Keystone into 2016? Kenneth P. Green 02/04/2014
The proposed Keystone XL oil pipeline has taken more than five years to approve and Washington bureaucracy will likely delay it for months if not years to come, at the expense of real, market-driven job creation.
Crony Capitalism vs. Public Pensions Andrew G. Biggs 02/01/2014
A new union-sponsored study lowballs today’s pension costs by around two-thirds and overstates the net costs of corporate welfare.
The Efficiency of a Carbon Tax: Broadly Accepted and Broadly Wrong Benjamin Zycher 01/31/2014
The standard assumption about the superior efficiency of a carbon tax relative to bans and energy consumption standards is deeply problematic for both scientific and political reasons.
Sweden’s Swing toward a Free Market Michael M. Rosen 01/29/2014
Startups and regulatory restraint have fueled Swedish economic growth.
The Federal Reserve's Second 100 Years Alex J. Pollock 01/25/2014
Here are a dozen predictions about the Fed's second century.
‘Cleantech’ Gets Clocked By 60 Minutes, and the Usual Suspects Try to Make Lemonade Benjamin Zycher 01/23/2014
Despite massive taxpayer-funded subsidies, ‘clean energy’ is a failure because it remains far too expensive to compete in the marketplace.
California’s Chicken Law and the Commerce Clause Blake Hurst 01/16/2014
The country is awash in legislative efforts to increase regulation of agriculture, but only California has had the chutzpah to impose the preferences of that state’s voters on the rest of the country.
Europe’s Outlook in 2014 Desmond Lachman 01/12/2014
With European policymakers complacent, it is unlikely that progress will be made this year in reducing Europe’s record unemployment rate or in preventing a further fragmentation of its politics.
Reagan’s Farewell Address at 25 Steven F. Hayward 01/11/2014
The main point in Reagan’s farewell address, a quarter-century ago today, remains relevant to the current dominant debate: expanding government control of the economy is not the way to advance equality.
War on Poverty Needs New Strategy Josh Good 01/08/2014
Since LBJ’s War on Poverty was launched, America has witnessed an unprecedented rise in cohabitation, divorce, and out-of-wedlock births. In 2014, reforms should promote personal dignity and encourage work and responsible fatherhood.
 
AEI