More in Global Economy


8 months

Medicare: Becoming a Channel for Private-Sector Insurance

When Medicare started, health care providers were reimbursed for the specific services they provided.

8 months

Is Digitization a Viable Path to Development?

I’ve been seeing a number of reports recently about digitization as a pathway to development in low- and middle-income countries.

8 months

Some Human Capital Controversies and Meditations

The idea that job skills and experience can be viewed as an investment in future production–with the costs occurring in the present and a stream of payoffs going into the future–is an idea that goes back a long way.

8 months

European Shadow Unemployment is a Real Dilemma

The latest jobs report in the United States shows strengths and weaknesses.

8 months

The Fed and QE4

“Quantitative easing” is the name given to when the Federal Reserve buys debt directly–typically debt issued by the US Treasury or mortgage-backed debt that is guaranteed in some way against default by the federal government.

8 months

Pay for State Legislators

There is a long-standing argument that states should be viewed as “laboratories of democracy,” and thus we should welcome–at least to some extent–variations in policy choices across states. It’s a chance to learn from experimentation.

9 months

The Middle East Region: Where Will Jobs and Growth Come From?

The 20 countries of the Middle East and North Africa region have a population of 486 million, a combined GDP of $3.7 trillion, and a GDP per capita of about $7,600.

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