A conversation with my Marron Institute colleague Paul Romer yesterday crystallized an idea I’d been toying with for some time. In a nutshell: opponents of taxing the rich have destroyed, on a practical level, the theoretical basis for believing that free trade benefits everyone. The Econ-101 case for free trade is straightforward: Trade benefits those… Read more »
Stock market bubbles….basically no. Just save more for the long-run. But housing market run-ups are another matter…. I don’t believe ordinary investors should spend much time wondering if the stock market is overvalued. I’m more cautious when it comes to housing, because a fall in your local housing market can do you greater and more… Read more »
Inequality is fast becoming one of the world’s most pressing challenges.
A new proposal by Sen. Ron Wyden (D-Ore.) would improve and expand the federal Saver’s Credit so more Americans benefit.
Soaring deductibles, co-pays and other costs will be the next big debate in health care.
In less than 20 years, according to the latest official projections, Social Security will no longer be able to pay full benefits to retirees and people with disabilities. Yet, presidential candidates aren’t talking much about how they would fix the problem. Democratic candidates Hillary Clinton and Bernie Sanders want high-salaried workers to pay more Social… Read more »
Despite equally fiery rhetoric, the Democratic candidates offer vastly differing visions for regulating Wall Street.
Nuclear energy is vital to helping America meet its commitments to combat climate change.
Infected workers account for the majority of foodborne illnesses. Paid sick leave would keep all of us healthier.
Presidential candidate Jeb Bush has proposed ending this program – but why tinker with success?