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Issues


At e21, we use a broad definition of “economic policy.” Our analysis covers both macro and micro issues across a variety of policy areas, including the budget, national debt, financial markets, banking, housing, health care, infrastructure, and entitlements – just to name a few.

Budget

A Solid Choice for CBO Director

With their selection of Keith Hall to direct the Congressional Budget Office (CBO), the incoming chairs of the House and Senate Budget Committees, Dr. Tom Price and Senator Mike Enzi, have passed an unusually rigorous test. 

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Republicans Get a New Power Broker in Washington

Congressional Republicans have made a wise choice in their new Congressional Budget Office director, Keith Hall.

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Employment

The “Internet of Things” Won’t Eat Your Job

A popular sport evolving over dinner tables across the United States is the discussion of whether tech is going to kill or create jobs. Behind the boom in tech is the discussion of “The Internet of Things.” The Internet of Things (IoT) is an all – encompassing term depicting the changing landscape of how data is leveraged by big industry.

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Yes, the Rich Have Become Poorer Since the Recession Started

The top one percent is obviously not hurting by anyone’s standards, but it remains the case that income inequality is lower and the rich are poorer than at the start of the recession. 

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Energy

Falling Oil Prices Yield a Barrel of Nonsense

The conventional wisdom holds that oil prices collapsed because of a positive supply shock. As technological innovation enabled energy companies to extract previously untapped shale oil and gas, producers were willing to supply more at any given price than they were before. That storyline has some glaring gaps. For example, domestic crude oil production has been steadily increasing for six years, practically doubling in that time period to a record 9.2 million barrels a day.

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Administration’s “Balanced” Strategy Threatens Alaskan Oil

Just days after the President took credit for America’s “booming energy production” during his State of the Union Address, his administration enacted a series of  policies that threaten America’s resurgence as a top producer of oil and gas.

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Finance

Avoiding Optimism Might Be the Medicine the Fed Needs

Federal Reserve Vice–Chairman Stanley Fischer’s speech at the 2015 U.S. Monetary Policy Forum in New York centered on the Fed’s asset purchase program and future policy normalization based on the rate of interest paid on excess reserves. But the optimism he expressed in his remarks may be unwarranted.

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A Muddle of Mixed Messages From the Fed

With more than one million jobs added in the past three months, the unemployment rate nearly one full percentage point lower than a year ago, and rising consumer confidence, the economy is clearly on the uptick. Yet there is a worrisome disconnect between Federal Reserve officials and financial markets about what needs to be done in the near future

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Healthcare

A Post-King Bridge to Somewhere Better

As we approach oral argument this week at the Supreme Court in the King v. Burwell case, a series of policy reversals is presumed to immediately produce a devastating cascade of premium spikes, policy cancellations, insurer exits, unpaid hospital bills, and millions of newly uninsured Americans. However, the formulaic, knee-jerk forecast of a death spiral throughout the individual and small-group insurance markets is exaggerated for political effect and built on linear projections of static and unrealistic assumptions. 

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Millions of Americans in Danger of Losing Key Obamacare Tax Subsidy

On March 4 the U.S. Supreme Court will hear King v. Burwell, the case challenging health insurance-premium subsidies for those who buy their insurance on the 37 federal exchanges.

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Regulation

What’s Behind the Government’s Hatred of Raw Milk?

Government bans on the sale and distribution of raw milk and raw milk products are enforced in the name of public safety. But many people enjoy the health benefits of milk that has not been pasteurized, and some farms want to sell it.

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Obamacare’s Vending Machine Power Grab

It’s bad enough that the Affordable Care Act is raising premiums and deductibles—and perhaps lowering your tax refund. In addition, the ACA has given the Food and Drug Administration the power to go after your favorite vending machine.  

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