Unemployment
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What Hamburger Helper Knows and GDP Misses
Individual behavior — like millions of decisions about what to have for dinner — is often a better economic indicator than fancy government reports.
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Social Security at 90: A Brief History of America’s Sacred Cow
Intended as a self-funding program for the truly desperate, Social Security’s reckless expansion now threatens its ability to deliver for those most in need.
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Rate of Inflation Cools in July, Case for Rate Cuts Builds
Core inflation rose only modestly, thanks to lower energy costs. Paired with weak job gains, the price trend adds pressure on the Fed to cut rates in September.
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Fed Governor’s Labor Market Warning Validated by BLS Revision
The Fed waited for labor market softening to cut rates. Do BLS data reveal monetary policy is already too tight?
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How Unusual Was July’s Jobs Report Revision? Here’s What My Analysis Found
Statisticians try to force complex, empirical economic realities into simplified models. Revisions based on improved data are an inevitability, not evidence of a conspiracy.
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New Study: California’s $20 Minimum Wage Killed 18,000 Restaurant Jobs
Wage floors destroy opportunities, harming the poor most of all. Californians just got a hard lesson in basic economics.
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The Persistence of Benefit Cliffs: A Behavioral Look at a Policy Problem
As long as benefit cliffs are treated primarily as a math problem, we will continue to miss the mark. Benefit cliffs are not just technical design flaws — they are psychological traps.
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Let States Lead the Way on Welfare Reform
State governments can reshape welfare to serve as a safety net that helps people when they fall but doesn’t trap them in a cycle of dependence.
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NY Will Raise Minimum Wage and Rate of Business Exodus
Albany lawmakers want to raise the wage floor again, and index it to inflation. The state’s constant interventions will destroy jobs and perhaps whole businesses.
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Job Seekers Face Tough Market, While Government Gaslights Them About It
Americans’ continued frustrations are at odds with reports of a strong, stable job market.
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•
What Hamburger Helper Knows and GDP Misses
Individual behavior — like millions of decisions about what to have for dinner — is often a better economic indicator than fancy government reports.
-
•
Social Security at 90: A Brief History of America’s Sacred Cow
Intended as a self-funding program for the truly desperate, Social Security’s reckless expansion now threatens its ability to deliver for those most in need.
-
•
Rate of Inflation Cools in July, Case for Rate Cuts Builds
Core inflation rose only modestly, thanks to lower energy costs. Paired with weak job gains, the price trend adds pressure on the Fed to cut rates in September.
-
•
Fed Governor’s Labor Market Warning Validated by BLS Revision
The Fed waited for labor market softening to cut rates. Do BLS data reveal monetary policy is already too tight?
-
•
How Unusual Was July’s Jobs Report Revision? Here’s What My Analysis Found
Statisticians try to force complex, empirical economic realities into simplified models. Revisions based on improved data are an inevitability, not evidence of a conspiracy.
-
•
New Study: California’s $20 Minimum Wage Killed 18,000 Restaurant Jobs
Wage floors destroy opportunities, harming the poor most of all. Californians just got a hard lesson in basic economics.
-
•
The Persistence of Benefit Cliffs: A Behavioral Look at a Policy Problem
As long as benefit cliffs are treated primarily as a math problem, we will continue to miss the mark. Benefit cliffs are not just technical design flaws — they are psychological traps.
-
•
Let States Lead the Way on Welfare Reform
State governments can reshape welfare to serve as a safety net that helps people when they fall but doesn’t trap them in a cycle of dependence.
-
•
NY Will Raise Minimum Wage and Rate of Business Exodus
Albany lawmakers want to raise the wage floor again, and index it to inflation. The state’s constant interventions will destroy jobs and perhaps whole businesses.
-
•
Job Seekers Face Tough Market, While Government Gaslights Them About It
Americans’ continued frustrations are at odds with reports of a strong, stable job market.