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Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
The Penalties of Our Tax Code Sita Nataraj Slavov 04/12/2013
Our tax system’s unnecessary complexity creates unfairness and uncertainty. With a few reforms, it could be more growth-friendly, simple, and fair.
Regulating Risk Arnold Kling 04/11/2013
An illustration of the impact of financial regulation on capital allocation is the extent to which the world's savings have been attracted to long-term instruments with low yields.
Confusing Cause and Effect in the Fiscal Policy Debate Steve Conover 04/10/2013
Our debate should not be about income redistribution or debt reduction but rather about how to achieve broadly shared growth — because when we achieve that, history shows that the deficit and the middle class will benefit.
Lessons from a Feminist Paradise on Equal Pay Day Christina Hoff Sommers 04/09/2013
Sweden seems to be an egalitarian, feminist utopia. So why are American women ahead of their Swedish counterparts in breaking through the glass ceiling?
Financial Innovation — Illusory and Real Alex J. Pollock 04/04/2013
Some ‘innovations’ are merely new names for ways of lowering credit standards, running up leverage, and increasing risk. How do we know what’s real and what’s not?
Grow the Economy through Small Businesses Nathan Allen and Sander Daniels 04/03/2013
The majority of private sector job growth is from small businesses, and reforming licensing requirements is a promising route to increased business formation.
The Next Real Estate Bubble: Farmland Blake Hurst 03/29/2013
Farmers have been taking on mounting debt, creating an unsustainable increase in land prices and risking a crash that would ripple through our economy.
Cyprus’s Imminent Collapse Desmond Lachman 03/27/2013
Any calm bought by the IMF-EU bailout package for Cyprus will be short-lived. Cyprus is all but certain to experience an economic collapse over the next two years, and the country will again question whether it should remain in the euro.
The Shrinking Health Gap Benjamin Ho and Sita Nataraj Slavov 03/26/2013
When considering trends in equality, income is important, but health is arguably a prerequisite for all other measures of well-being.
Two Budgets, One Point of Agreement, and a Third Way Steve Conover 03/22/2013
The Senate and House budgets agree that this economy needs more growth and both predict the same growth levels — yet the Senate budget proposes higher spending, taxes, and debt than the House budget. Therein lies an opportunity for the GOP.
 
AEI