Ed Dolan Blog | Talkmarkets | Page 1
Sr. Fellow, Niskanen Center
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Edwin G. Dolan holds a PhD in economics from Yale University. He has taught in the United States at Dartmouth College, the University of Chicago, George Mason University and Gettysburg College. From 1990 to 2001, he taught in Moscow, Russia, where he and his wife founded the American Institute ... more

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How To Leave The Euro: A Practical Roadmap For Italy
The leaders of Italy’s new populist government say they do not want to leave the euro. Except, no one believes them.
Inflation Increasingly Erodes Wage Gains Even As Unemployment Falls
The trends of the moving averages contain both not-so-good news and better news.
Crop Insurance Should Die, Yet It Lives On
Insurance plays an essential role in any market economy.
Why A Balanced Budget Amendment Would Be Profoundly Destabilizing
This week the House is expected to vote on a balanced budget amendment (BBA), introduced by Bob Goodlatte (R-VA), chairman of the Judiciary Committee. The amendment would require federal budget outlays to equal receipts each year.
Why The "Sound Money" Components Of Popular Economic Freedom Indexes Should Be Used With Caution
Institutions matter. Economists of the classical period knew that well. In recent years, economists have increasingly included institutional variables in their empirical work.
Latest Richmond Fed Non-Employment Index Shows US GDP At Or Close To Potential
At 7.93 percent, the NEI has now fallen below its pre-recession minimum of 7.99 percent, reached in March, 2007, and it is fast approaching the value of 7.70 percent reached in October 2000, just before the 2001 recession.
Smart Reforms Of The Social Safety Net Could Make The Economy More Growth-Friendly
A rising tide lifts all boats, does it not? That cliché of economic policy is meant to highlight the ways in which economic growth can make life better not just for the privileged, but for the disadvantaged, as well.
A Modest Proposal For Curbing Bitcoin's Voracious Energy Appetite
Keep Bitcoin as it is, continue to require miners to perform arduous calculations—but require that the calculations be performed only using an abacus. Keeps Bitcoins scarce. Keeps the environment clean.
The Three R's Of Effective Regulatory Reform
With tax cuts now a done deal, Republicans are turning to regulatory reform to give economic growth a further boost.
Some In Congress Are Still Trying To Open Banking Service To Canabis Businesses
As California joins the list of states that have legalized recreational marijuana, limited access to banking services continues to be a problem for producers, retailers, and other businesses in this rapidly growing sector.
Thinking About Tax Cuts: Growth And Prosperity
Tax reform season is upon us. The White House and Congressional Republicans promise that their unified framework for tax reform will “fuel unprecedented economic growth.”
E Angola’s New President Faces Daunting Economic Challenges
Angola recently elected a new president, for the first time in 38 years. However, the country faces major challenges, including low oil prices, stagnant growth, and pervasive corruption.
E India’s Economy Bounces Back From Demonetization Shock
India's economy was brought up short by the shock of currency reform last fall, but it is already bouncing back and is expected to return to its status as the best performing economy in Asia by 2018.
E Employer Health Benefits And Wages: The Good News And The Bad
The increasing cost of healthcare benefits has undercut the growth of wages. In an effort to control total costs of compensation, employers have reacted by cutting health benefits or increasing cost-sharing by workers.
E Little-Watched Non-Employment Index Confirms Strength Of Job Market Recovery
Some critics complain that the standard unemployment rate overstates the recovery of the job market. However, the Non-Employment Index from the Richmond Fed shows that criticism to be unfounded.
E Trends In Part-Time Work Reinforce View Of A Stronger Labor Market
To gauge the strength of the labor market, it is often worth looking behind the headline jobs numbers and unemployment rate. The latest data on part-time work shows a recovery that is progressing well, but not yet complete.
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