What’s New on AEI
Conservative policymakers have been an important check on spending, but have largely failed to enunciate their own higher education agenda. An alternative vision should create space for new postsecondary options and ideas, not just address the amount of funding.
The idea that the minimum wage — at least for young workers — should be a “living wage” is absurd, even immoral. Employers are taking a risk when they hire people with no work experience. Why further discourage that?
The paper of record’s inaccurate reporting on a nonexistent criminal investigation was a failure that should entail more serious consequences.
Kevin Hassett constructs a simple regression model that estimates the effect of the incumbent governor on state employment growth. The results cast an interesting perspective on the job-creation track records of the current and former governors who are now competing for the GOP nomination.
Hillary Clinton can’t stick to a consistent line on the rather more central issue of the U.S. economy. It is leading to odd tonal shifts in her campaign, and to some foolish policy choices, too.
Confused about the highway bill/Obamacare/Export-Import Bank/Iran/Planned Parenthood fiasco? Read this
The Senate seems to be debating Obamacare repeal, a highway bill, reviving the expired Export-Import Bank, something about Iran and Israel, and cutting off subsidies to abortion-industry leader Planned Parenthood — all at the same time. What’s going on here?
Several trends suggest that America is in some significant respects entering a new Victorian Era. It’s certainly news, especially to the aging baby boomers who expected the Age of Aquarius to continue indefinitely.
If Greece had its own currency it would have been able to deal with the Great Recession and its current crisis through devaluation, making its exports more competitive, and through looser monetary policy than the European Central Bank enacted.
The claim that mortgage credit is very tight for all but pristine borrowers has been repeated so often by respected policymakers and economists that it is now taken as fact. This characterization of today’s mortgage market, however, is misleading.