February 18, 2026
Everything You Thought About the US Labor Market Is Wrong
Markets, economists and Federal Reserve officials seem to believe that the US labour market spent…
February 15, 2026
The Heterogeneous Effects of Large and Small Minimum Wage Changes on Hours Worked: Evidence Using a Partially Pre-Committed Analysis Plan
Abstract We use a partially pre-committed estimation strategy to study the effects of minimum wage…
February 3, 2026
Reemployment Bonuses: A Promising Path to Economic Recovery
Few economic questions have more policy relevance than the effect of government programs on labor…
December 23, 2025
Why Trump Has an Affordability Problem
Although Americans are rightly worried about inflation and the affordability of basic goods and services,…
November 20, 2025
Populism Won’t Help US Workers. Here’s What Will
We live in a populist age. Widespread discontent has swept unlikely politicians to the top…
October 16, 2025
The Problem with America’s Health-Care Subsidies
The US federal government shutdown has become a standoff over health care that will likely…
September 18, 2025
The Fed’s Wrong Move
The US Federal Reserve intends to push its policy interest rate down to 3.6% this…
August 1, 2025
Trump’s tariff deadline: Six experts weigh in
Trump’s trade deals have been surprising in their one-sidedness, in favor of the United States….
July 2, 2025
Have You Heard the Good News?
A quick look at some recent headlines shows that we have problems. The nation sharply…
April 3, 2025
Trump’s Tariffs Are a Historic Tax Hike
If implemented, the tariffs announced yesterday by President Trump would constitute the largest tax increase since the…
January 8, 2025
Menu Adjustment in Response to the Minimum Wage: A Return to the New Jersey-Pennsylvania Border
Abstract This paper studies how output prices are affected by increases in the minimum wage….
December 17, 2024
Industrial Policy and Deficits: Dark Clouds for Democratic Capitalism
Democratic capitalism is a system that marries liberal democracy and free-market capitalism. This union creates…