Time to Reform Unemployment Insurance
The best time to fix your roof is when the weather is sunny and warm, not when it's rainy, cold--and actually leaking. In a similar spirit, the best time to fix unemployment insurance is when the unemployment rate is low. Conor McKay, Ethan Pollack, andAlastair Fitzpayne offer some ideas in "Modernizing Unemployment Insurance for the Changing Nature of Work" (Aspen Institute, January 2018). They write:
- 14/07/2018
- 5
Three Questions for the Antitrust Moment
There seems to be a widespread sense that many problems of the US economy are linked to a lack of dynamism and competition, and that a surge of antitrust enforcement might be a part of the answer. Here are three somewhat separable questions to ponder in addressing this topic.
- 11/07/2018
- 3
Equal Pay for Equal Work: Rathbone and Fawcett in 1918
One hundred years ago, the leading British economics journal (edited by John Maynard Keynes) published an article and a response from two women authors: Eleanor Rathbone and Millicent Fawcett. Despite writing in the Economic Journal, neither had professional training in economics. But they were clearly recognized as experts with opinions that economists hear.
- 09/07/2018
- 4
The Commuter Parking Tax Break
Many employers provide parking to employees who commute to work, which can be viewed as an untaxed fringe benefit of their jobs. The value of this benefit depends on where the parking is located. If the employer is in a uncongested suburban or rural area, where parking is generally free for everyone, then the value of this fringe benefit is low. But if the employer is in the part of an urban area with traffic congestion and where parking usually has a monetary price, then the value of this benefit can be higher.
- 06/07/2018
- 1
Analogies for America: Beyond the Melting Pot
Melting pot or salad bowl? For decades now, these two contestants have been slugging it out in the contest for most appropriate metaphor for how the cultures and ethnicities of America fit together. But my preference is to think of America as chocolate fondue.
- 05/07/2018
- 7
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