The investment accounts for newborns have been lauded as an innovative wealth-building program. But they might exacerbate economic inequalities instead of remedying them.
Trump and the Economy
Posted inPolitics
Trump Kills Youth Jobs
President Lyndon B. Johnson created the Job Corps sixty years ago. Trump wants to cut off funding for this vital workforce development program.
Posted inCoronavirus
Unsanitized: Miracle on Pennsylvania Avenue
Trump asks for $2,000 checks, and Democratic leaders call his bluff. This is The COVID-19 Daily Report for December 23, 2020.
Posted inEconomic Policy
Avoid Taxes, Receive Federal Bailouts
It’s the common thread among a host of companies lining up to feed on a rescue package.
Posted inEconomic Policy
Why Even Free-Marketeers Should Support Central Planning in a Pandemic
The very arguments Friedrich Hayek used against central planning now work in favor of it.
Posted inEconomic Policy
Fund the Front Lines
Despite more than a decade of underfunding public health and safety, those workers have stepped up to meet the crisis. Government must help them with emergency and long-term support.
Posted inEconomic Policy
How Financial Engineering Deepens the Corona Depression
Wall Street scams and schemes that the Dodd-Frank Act intended to kill rose from the dead after 2010. Now they are killing what’s left of the economy—again.
Posted inTAP
Trump’s Economy Goes Viral
Today on TAP: The potential risks and lessons of a COVID-19 pandemic