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Issues


At e21, we use a broad definition of “economic policy.” Our analysis covers both macro and micro issues across a variety of policy areas, including the budget, national debt, financial markets, banking, housing, health care, infrastructure, and entitlements – just to name a few.

Budget

Federally-Funded Infrastructure Is Costly and Inefficient

New York Times columnist Paul Krugman's call for more publicly-funded infrastructure fails to acknowledge that infrastructure funding, when directed by government, goes to costly projects favored by politicians, not enterprises for which users are prepared to pay.​

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"Just Say Yes" to Making Marijuana Legal

Everyone knows marijuana use carries risks and is potentially harmful. But does that mean governments should spend valuable resources policing its use and putting people in jail?

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Employment

Inequality Does Not Reduce Prosperity

Since the Great Recession, inequality has loomed large in policy debates in the United States and around the world. Losses from the recession and the slow pace of recovery since have fueled concerns that inequality is not simply unfair but harmful. 

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New NBER Study Shows Negative Effects of Higher Minimum Wage

For years, Neumark has battled claims by other economists, such as University of Massachusetts professor Arindrajit Dube, that minimum wage hikes have no effect on employment. This latest paper offers more evidence that employment prospects for teenagers are diminished most by the minimum wage.

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Energy

5 reasons to counter climate-change regulation

Costly U.S. measures to influence climate change are unlikely to achieve their objective. Instead, they will slow the economy, reducing job opportunities and mobility, and increasing inequality.

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Time for Wind to Stand on Its Own

As the comptroller and chief financial officer of Texas, I worry about energy policy choices by policymakers that can have significant and adverse consequences. It seems to me that it is time for wind energy to stand on its own towers.

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Finance

Watch for the FOMC Debates

The Federal Reserve’s policy statement, to be released immediately following this Wednesday’s meeting, will likely show further signs of dissension within the Federal Open Market Committee. For now, debate within the Federal Open Market Committee ought to be viewed as positive. 

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Mr. Market Withholds His Approval

Every year, economists put pen to paper and make projections for the next 12 months. In addition to forecasts for real GDP growth, inflation and consumer spending, they look into their crystal ball to determine what the Federal Reserve will do with its benchmark rate and what long-term interest rates will do in response.

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Healthcare

CDC Ebola Hospital Ward

Federal agencies clamoring for more funding to fight the Ebola outbreak are taking a page from Chicago Mayor Rahm Emmanuel’s playbook: they are not letting a serious crisis go to waste. 

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Regulation

D.C. Leads the Way with New Ridesharing Bill

Uber and other ridesharing services do not own the cars their drivers use. Rather, they provide the technological platform and support to connect drivers and riders.

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'Anti-Tesla Bill' Means Economic Loss for Michigan

Against the interests of Michiganders, Governor Rick Snyder has signed a bill banning Tesla Motor’s direct-to-consumer automobile sales in the state.

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