163 Items

A man holds the new LG V30 smartphone at a tech fair in Berlin on August 31, 2017. U.S. government statistics that paint a grim picture of wage growth do not account for the benefits that technological progress, including the invention of the smartphone, have for consumers, Martin Feldstein argues. (AP Photo/Michael Sohn)

AP Photo/Michael Sohn

Analysis & Opinions - Wall Street Journal

We’re Richer Than We Realize

| Sep. 08, 2017

Government statistics paint an excessively grim picture of what is happening to real wages and the growth of real national income. Although most households’ take-home cash has been rising very slowly for decades, their standard of living is increasing more rapidly because those wages can now buy new and better products at little or no extra cost. The government’s measure of real incomes gives too little weight to this increase in what take-home pay can buy.

House Speaker Paul Ryan discusses tax reform during a visit to Intel in Hillsboro, Ore. on Wednesday, Aug. 23, 2017. (AP Photo/Don Ryan)

AP Photo/Don Ryan

Analysis & Opinions - Project Syndicate

Tax Reform and Budget Deficits in America

| Aug. 29, 2017

The Republican Party’s leaders in the United States House of Representatives have been hard at work for more than a year designing a major reform of personal and corporate taxes. With an election looming in 2018, the House Republicans are determined to deliver a reform package and send it to the Senate for enactment.

Stephanie Woodward, of Rochester, NY, who has spina bifida and uses a wheelchair, is removed from a sit-in at Senate Majority Leader Mitch McConnell's office as she and other disability rights advocates protest proposed funding caps to Medicaid, Thursday, June 22, 2017, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

AP Photo/Jacquelyn Martin

Analysis & Opinions - Project Syndicate

How Would Health-Care Reform Affect Patient Health?

| July 26, 2017

"The prospect that repealing Obamacare would cause more than 20 million people to lose their formal insurance coverage, as the Congressional Budget Office has estimated, is understandably a serious barrier to legislative progress. It is important, therefore, to understand just what that would mean in practice, and how much it would actually affect the health of those who lose their formal insurance."

President Donald Trump, joined by Vice President Mike Pence, Secretary of Veterans Affairs David Shulkin, Secretary of Commerce Wilbur Ross, signs an Executive Order on the Establishment of Office of Trade and Manufacturing Policy at The AMES Companies, Inc., in Harrisburg, Pa., Saturday, April, 29, 2017. (AP Photo/Carolyn Kaster)

AP Photo/Carolyn Kaster

Analysis & Opinions - Project Syndicate

Inconvenient Truths About the US Trade Deficit

| Apr. 25, 2017

"It is easy to blame the large trade deficit on foreign governments that block the sale of US products in their markets, which hurts American businesses and lowers their employees’ standard of living. It’s also easy to blame foreign governments that subsidize their exports to the US, which hurts the businesses and employees that lose sales to foreign suppliers (though US households as a whole benefit when foreign governments subsidize what American consumers buy)."

The New York stock exchange on Wall Street

Creative Commons

Analysis & Opinions - Project Syndicate

The Risks to America’s Booming Economy

| Mar. 29, 2017

The US has experienced a decade of excessively low interest rates, which have caused investors and lenders to seek higher yields by bidding up the prices of all types of assets and making risky loans. The danger is that overpriced assets and high-risk loans could lose value and cause an economic downturn.

In this April 2, 2010, file photo, a Tesoro Corp. refinery, including a gas flare flame that is part of normal plant operations, is shown in Anacortes, Wash. after a fatal overnight fire and explosion. Voters in Washington state will weigh in on Initiative 732 in the 2016 election as they consider whether to approve the nation’s first direct carbon tax on the burning of fossil fuels.

AP Photo/Ted S. Warren, File

Analysis & Opinions - The New York Times

A Conservative Case for Climate Action

| Feb. 08, 2017

During his eight years in office, President Obama regularly warned of the very real dangers of global warming, but he did not sign any meaningful domestic legislation to address the problem, largely because he and Congress did not see eye to eye. Instead, Mr. Obama left us with a grab bag of regulations aimed at reducing carbon emissions, o en established by executive order.