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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

Full Expensing Will Create Jobs and Economic Growth

One of the last votes the Senate made in December before adjourning was to yet again pass a bill of so-called “tax extenders” to renew a long list of temporary tax provisions. While all tax extenders provide an advantage vested interests—rum producers, race horse owners, farmers, small businesses, NASCAR race tracks, etc.—many do so at the disadvantage of others, and should be eliminated. 

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Parker Anderson/CC

Before the Super Bowl this Sunday, one winner is already determined—local New England Patriots fans. NFL owners are professionals at extracting taxpayer money from local fans to fund generous subsidies for their lavish stadiums, and the NFL is tax-exempt. But Patriots owner Robert Kraft took a different, more taxpayer-friendly, approach and arranged 100 percent private funding for the construction and maintenance of Gillette Stadium. In contrast, the public’s share of financing for the Seattle Seahawks’ CenturyLink Field was 64 percent ($300 million). 

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Employment

Another (Over-) Dramatic Portrayal of the Rise in Income Inequality

Berkeley economist Emmanuel Saez has published his latest estimates on income concentration in the United States, extending a series he has produced with Thomas Piketty. He concludes that the top 1 percent captured 91 percent of the income gains from 2009 to 2012. These types of results are some of the most popular depictions of inequality trends, but it is not clear that they are saying what people think they are.

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Minimum Wage Advocates Should Support School Choice

During National School Choice Week groups from all over the country are showcasing the many benefits of school choice.  But the vast coalition of politicians and organized labor who are pushing for an increase in the federal hourly minimum wage from $7.25 to $10.10 or $15.00 are silent.  

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Energy

Fossil Fuel Divestment Movement Fails Students and the Environment

For nearly four years, students at universities across the United States have been fighting to divest their schools' endowments from the fossil fuel industry. Divestment activists want universities to sell all of their shares in companies involved in fossil fuel extraction and distribution. 

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Keystone XL and two other things that won’t happen in 2015

Columnists and bloggers are spewing lists of what will happen in 2015, what should happen in 2015 and what Congress’ priorities should be for 2015. It’s far easier to say what won’t happen in 2015.

We won’t spend hours watching the World Cup or the Olympics because they aren’t happening in 2015. Most of us won’t spend Tuesday, Nov. 3, waiting for election returns, although citizens of Kentucky, Mississippi and Louisiana will elect governors and state representatives, and Chicago Mayor Rahm Emanuel will find out if he has won reelection

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Finance

Why Dovish Critics of the Fed's FOMC Statement Are Wrong

Some observers of the Fed were complaining Wednesday that the FOMC statement should have rolled back plans for a mid-2015 rate increase. In their view, reduced rates of inflation observed currently, along with the strong dollar and weak nominal wage growth, should lead the Fed to postpone any rate increases. Such concerns are dead wrong. 

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What Tsipras’s Victory Means for Greece and the EU

It appears that Alexis Tsipras’s Syriza party has won the Greek election, although as of Sunday night, it remains unclear whether he will need to form a coalition government or be able to control parliament on his own. 

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Healthcare

Three Economic Priorities for 2015

In 2014, the stock market reached record highs, GDP continued to grow, and the unemployment rate declined. The New Year offers many challenges and opportunities for U.S. policymakers to speed economic growth. Here are three priorities to help the economy improve on 2014’s performance. 

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Three Ways the Government Criminalizes Economic Activity

“Although many politicians say they support economic growth, the federal government goes out of its way to criminalize broad ranges of economic activity. It’s as simple as this: A person or a company wants to provide a good or a service, and Uncle Sam says no.”

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Regulation

Why Uber is Booming

A recent report released by Uber sheds some much-needed light on those who drive for the technology company, and why they choose to do so. Its findings add some empirical evidence to the bitter debate over ridesharing’s effect on the economy, and put opponents of the new technology on the defensive.

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Limiting Uber’s Surge During Juno Makes Bad Situation Worse

As Storm Juno bears down on the Northeast, New York Attorney General Eric Schneiderman is taking a strong stand against price gouging. One company that the Attorney General will not have to worry about is Uber. The AG’s office came to an agreement to cap the company’s “surge pricing” during emergencies and natural disasters. Though the agreement may help Uber in terms of public relations, it will harm New Yorkers when they need the ridesharing service the most. 

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