News
Bloomberg | America on the Move Becomes Stay-Home Nation for Young
Ryan Yang could have taken a job in a New Jersey DNA sequencing laboratory after graduating from college last year. Instead, the 23-year-old lives with his family in Queens, New York, still unemployed and searching.
Market Watch | Big freeze over, economy gets on hot streak
The U.S. economy has warmed up after a frigid first quarter and there’s no reason to expect it to cool off again anytime soon.
Econ Comments & Analysis
Washington Times | The vanishing entrepreneur, crushed by red tape and regulations
President Obama focuses on the “wealth gap” as if that were the nation’s pressing economic issue. So long as there’s a disparity of ability, determination and luck, some people will be better off than others. The alarm to raise is not about the good fortune of some, but the bad fortune of the vanishing entrepreneur.
Market Watch | China housing apocalypse: Could it happen?
The possibility of a collapse in China’s bubbly housing market has long been a threat hanging over the nation’s markets and economy. But exactly what would happen if the bubble bursts in a messy way?
Bloomberg | Japan Shows Resilience to Tax-Rise on Record Confidence Gain
Confidence in Japan’s economic outlook among taxi drivers and restaurant staff and other workers soared by a record in April, indicating the blow from last month’s sales-tax increase may be short-lived.
Mercatus | Regulation and Productivity
When the government regulates, it reaches into a market and requires the consumers or producers to behave in certain ways. It is the alteration in behavior, not the extraction of money (at least, not directly), that results in reduced productivity. There are arguments that government regulations can be beneficial, particularly where correcting for information asymmetries.
NBER | Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991
This paper uses these benefit increases to investigate the macroeconomic effects of changes in transfer payments.
Blogs
CATO | The Cost of Regulation
The central fault line in technology policy debates today can be thought of as ‘the permission question,’ ” Mr. Thierer writes. “Must the creators of new technologies seek the blessing of public officials before they develop and deploy their innovations?”
Heritage Foundation | We're Losing Companies to Europe. Here's Why.
These well-known U.S. businesses are looking to pull up stakes because the U.S. taxes their foreign earnings at the highest rate in the industrialized world. Indeed, we are the only country that taxes the foreign earnings of our businesses.
