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Commentary

http://www.economics21.org/files/pdf/RPC%20Testimony%20Meyer.pdf

Millennials and the GOP: The Need to Restore Lost Economic Opportunity to America’s Young

Jared Meyer | Economics21 | June 23, 2015

Testimony Submitted to the House Republican Policy Committee. The political party that can brand itself as the party of entrepreneurs and innovation is the party that will make headway towards claiming the millennial generation. 

Testimony on Raising the Minimum Wage for Fast-Food Workers

Diana Furchtgott-Roth | Economics21 | June 22, 2015

An increase in the fast food minimum wage to $15 an hour, as the Wage Board is considering, represents an increase of 66 percent. According to the Bureau of Economic Analysis, labor costs account for slightly more than one-third of revenue for food and drinking establishments. Assuming no substitution effects, prices would go up by about 22 percent. If management could substitute away from direct labor, prices could go up by about 15 percent. To assume that prices would not increase with a 66 percent labor price hike is economic naïveté.

November 3, 2014
| Video

Caroline Baum and Marvin Goodfriend discuss the Shadow Open Market Committee's core principles and monetary policy.

 

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November 13, 2013
| Podcast

Matthew Hennessey, associate editor of City Journal, interviews Nicole Gelinas, Senior Fellow at the Manhattan Institute and contributing editor of City Journal, on what to expect from tomorrow's confirmation hearing for Federal Reserve Chair.

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