News
National Journal | How Moving to Another State Could Drastically Change Your Income
The value of a person's salary often depends on which state they're living in. For instance, a $40,000 income in Iowa—where the cost of living is lower—is worth more than a $40,000 income in Hawaii.
FOX Business | Consumer Sentiment Rises in April
U.S. consumer sentiment rose in April to a nine-month high as views on current and near-term conditions surged, a survey released on Friday showed.
Econ Comments & Analysis
Washington Times | A common-sense approach to coal
In June, the Environmental Protection Agency (EPA) will propose its long-awaited greenhouse-gas standard for the country’s fleet of existing power plants. Depending on how overzealous it is, the rule could be enormously costly to American consumers and profoundly devastating to the U.S. economy.
WSJ | The Moment Is Right for Housing Reform
In his State of the Union address President Obama called for Congress to send him legislation that would provide a solid foundation for housing finance in the future. Such legislation would protect homeowners, communities and taxpayers from another housing crisis. It would also enhance access to home loans for creditworthy borrowers and ensure the availability of consumer-friendly mortgages like the 30-year fixed-rate mortgage.
Investors | Spawn Of Fannie And Freddie
A bipartisan bill to "reform" Fannie Mae and Freddie Mac creates a multibillion-dollar affordable-housing slush fund for Acorn clones who exist to shake down lenders for risky loans.
The American | Have the Limits to Economic Growth Really Been Reached?
Robert Gordon has painted a dark picture of the world’s long-run economic growth prospects. But if the past is any guide, he will likely join the band of earlier distinguished economists who proved to be far too pessimistic about the human capacity to innovate.
CATO | State-Based Visas: A Federalist Approach to Reforming U.S. Immigration Policy
Michigan Governor Rick Snyder and Senator Rand Paul (R-KY) recently proposed a regional visa program that would allow immigrants to live and work exclusively in Detroit or other cities in the United States.
Blogs
WSJ | A Fresh Look at the Building Blocks of Economic Growth
The Commerce Department on Friday will unveil a new quarterly report to provide a new way of gauging the composition and growth of the U.S. economy.
Library of Economics | There's only one sensible way to measure economic inequality
Consumption is the bedrock upon which essentially all of economics is built. We assume that all economic activity is aimed at creating consumption (defined broadly to include the value of leisure time, and non-market factors such as clean air.) Of course one could raise objections to this view, but as we'll see if you don't at least start with consumption, you are likely to reach absurd conclusions.
