No, These New Studies Don't Show an AI Jobs Apocalypse Is Coming
Economists at the Federal Reserve and Stanford University recently published studies investigating how AI affects employment in different industries.
Productivity
Congress Should Extend the Trump Tax Cuts. The Path Won't Be Easy.
Not doing so could be harmful for just about everyone.
Bad News for Universal Basic Income
Researchers found that giving people $1,000 every month for three years resulted in decreased productivity and earnings, and more leisure time.
The 'Pro-Worker' GOP Is Anti-Worker
The New Right talks a big populist game, but their policies hurt the people they're supposed to help.
The National Debt Is Crossing an Ominous Line
The U.S. has successfully navigated past debt challenges, notably in the 1990s. Policymakers can fix this if they find the will to do so.
Trump and Biden Both Get Globalization Wrong
Free trade brings us more stuff at lower prices.
Biden's Proposed Corporate Tax Hike Will Punish the Average American
The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.
3 Economic Myths That Need To Die
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
Spending Recklessly in Good Times Is a Recipe for Disaster in Bad Times
Years ago, when interest rates were low, calls for the federal government to exercise fiscal restraint were dismissed. That was unwise.
Banning Chinese Products in the Name of 'National Security' Could Have Disastrous Consequences
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
The Answer to Population Decline Is More Immigration
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
Subsidies To Help Workers Would Hurt Poor People
Some people would benefit. Others would lose money or be rendered unemployable.
Zoning Laws in New York, San Francisco, and San Jose Cut Americans' Wages by $8,775
And they've made the U.S. economy 9 percent smaller than it would it otherwise be.
Welcoming Immigrants Means Higher Wages
'Immigration represents an opportunity rather than a threat to our economy and to American workers.'
