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The Curse of Econ 101
When it comes to basic policy questions such as the minimum wage, introductory economics can be more misleading than it is helpful.
The Perfectly Normal Ways Trump Can Enrich Himself as President
The president-elect's control over conventional economic policy could be worth more money than any conflict of interest.
The Tax Code for the Ultra-Rich vs. the One for Everyone Else
It’s as though there’s a separate set of laws for people with extreme amounts of wealth.
California's Smart New Retirement Plan and the Industry That Opposes It
Many asset-management companies fear a program that would reduce something they depend on: consumers’ confusion.
The Difficult Math of American Health Care
It’s not just Aetna: The way Obamacare handles the excessive costs of treatment simply doesn’t work.
Hillary Clinton’s Weak Plans for Changing Wall Street
She’s proposing tweaks when it needs an overhaul.
The Rich, the Poor, and Whether Tax Policies Live or Die
Obama's failed proposal to eliminate 529 plans illustrates the current state of American taxation: Reforms that benefit the middle class at the expense of the wealthy will never pass.
How Not to Regulate
This past weekend's This American Life/ProPublica report confirms the worst of what many already suspected: The New York Fed has little independence from the industry it is supposed to control.
Why Is Credit Suisse Still Allowed to Do Business in the United States?
The conventional wisdom is that revoking a large bank’s license can trigger potential systemic consequences. But that's not the case here.