Economic policy scholars
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Kevin Hassett |
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Alex Brill |
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Kevin Corinth |
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Desmond Lachman |
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Aparna Mathur |
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Mark J. Perry |
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Vincent Smith |
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Phillip Swagel |
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Alan Viard |
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Andrew Biggs |
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Edward Conard |
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Matthew Jensen |
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John Makin |
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Stephen Oliner |
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James Pethokoukis |
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Michael R. Strain |
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Stan A. Veuger |
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Benjamin Zycher |
Headlines and Highlights
Gender pay gap narrows when fringe benefits are included
Andrew Biggs, AEIdeas
On the inaptly-named “Equal Pay Day,” the White House Council of Economic Advisors claims that the “gender pay gap” between men and women widens when we count total compensation including benefits instead of just salaries.
Tax Day is not the reason the tax code stinks
Alex Brill, The American
The tax system is a distortionary mess, but before you complain about filing your return, know that audits are down, refunds are up, and the income tax isn’t the biggest tax burden most taxpayers face.
Lift the ban on crude oil exports
Mark Perry, The Hill
The current ban on oil exports represents an unacceptable repudiation of free trade, one of the bedrock economic principles of US foreign policy.
US may still have a 3-6 million jobs gap
James Pethkoukis, AEIdeas
The official unemployment rate doesn’t tell the whole story of the recovering US labor market.
No, food stamps aren’t subsidies for McDonald’s and Wal-Mart
Michael Strain, The Washington Post
Wages are (largely) determined by the market, and government assistance — funded by taxpayers — is used to help low-income families meet a baseline standard of living. That some low-wage workers receive government assistance isn’t a bug in the system; it’s a feature.
Discouraged, dissatisfied, out of work: A jobs story
Aparna Mathur, Forbes
Today’s jobs report was underwhelming: Payroll gains fell far short of expectations and millions of workers remain underemployed or too discouraged to look for a job.
The European Central Bank’s Greek problem
Desmond Lachman, The Hill
The European Central Bank stands to suffer severe losses on its balance sheet should Greece default on its debt. The political fallout from such an event could limit the ECB’s role as lender of last resort just when Europe would need it most.
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