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Wednesday, August 31, 2016

How Occupational Licensing Undermines Labor Fluidity, and Who is to Blame

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A healthy economy requires a fluid labor market. Even when total employment and output are stable, the labor market is in constant motion...
Monday, May 23, 2016

What Does the Unemployment Rate Measure? Labor Market Slack or the Social Stress of Joblessness? Why Does it Matter?

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The unemployment rate published monthly by the Bureau of Labor Statistics is one of the most widely watched of all economic indicators. B...
Thursday, April 28, 2016

The Social Safety Net and Work Incentives: Conservative and Progressive Views

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One of the most common criticisms of social safety net programs is that they discourage work. As House Speaker Paul Ryan has put it, they...
1 comment:
Monday, April 11, 2016

Inversions Strengthen the Progressive Case for Abolishing the Corporate Income Tax

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The Obama administration has taken off the gloves in its war on runaway corporations. On April 4, theTreasury released a new set of rules ...
1 comment:
Monday, April 4, 2016

How Reform of the Social Safety Net Could Mitigate the High Costs of Trade Adjustment: A Response to Autor et al.

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The two most watched candidates of this presidential election season, Donald Trump and Bernie Sanders, have put anger over the effects of ...
1 comment:
Monday, March 14, 2016

The Trump-Sanders Bipartisan War on Free Trade

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Like most economists, I am strongly inclined toward free trade. I cringe to see the way free trade is under attack, from both parties, dur...
5 comments:
Friday, March 4, 2016

Why the US Needs a Healthcare System More Like Europe

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The presidential election of 2016 reopened the healthcare debate in the United States. Republicans were unanimous in urging repeal of the...