print logo

Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
How to Fairly Tax Families Sita Nataraj Slavov 04/14/2014
Based on fairness concerns, there’s a strong case for making the tax system more marriage neutral by shifting to individual rather than family-based taxation, and for providing increased support to low-income individuals without children.
When Setting Tax Policy, Don’t Forget About Long-Run Growth Alan D. Viard 04/11/2014
Neither party will always welcome estimates of how their proposals affect long-run growth. But the American people should welcome the prospect of their elected representatives being asked to think further ahead than the next election.
The Death of Money James Rickards 04/09/2014
The prospect of the dollar failing, and the international monetary system with it, looks increasingly inevitable. The dollar nearly ceased to function as the world’s reserve currency in 1978, and similar symptoms can be seen today.
Crowdfunders' Losing Deal Adam Gomolin 04/04/2014
Shouldn’t those who contribute the funds to launch successful startups also share in any profits?
Crude (Oil) Politics Kenneth P. Green and Alan W. Dowd 04/02/2014
The Obama administration's approach to the public policy challenge of energy production and consumption ignores three important energy realities.
Hoping for China's Success Vaclav Smil 03/28/2014
There is one effort in which everybody should wish to see China successful: preservation of the country’s farmland. It has already been reduced to well below the level needed to keep the country self-sufficient in grain production.
A National Minimum Wage Is a Bad Fit for Low-Cost Communities Andrew Biggs and Mark J. Perry 03/26/2014
A one-size-fits-all minimum wage, without any adjustments for the significant differences in the cost of living across the country, will disproportionately affect low-skilled workers in low-cost areas.
Senator Warren Gets Taken In by a False Analysis Peter J. Wallison and Edward J. Pinto 03/17/2014
A St. Louis Fed paper is being cited as 'proof' that affordable housing goals did not contribute to the subprime mortgage boom. While it might delight some lawmakers by supporting their position, the paper’s analysis is mistaken.
Tempest at a Tea Party James V. DeLong 03/16/2014
For 50 years, the IRS has been exceeding its authority. The agency should get out of the business of regulating political speech.
San Francisco's Growing Class Conflict Scott Beyer 03/11/2014
Instead of protesting better private transportation for others, San Franciscans should demand improved public services.