Economy Archives - Ethics & Public Policy Center
Breaking News: Not Everything Is Terrible
For the first time in a long time, the world looks brighter and a little more hopeful than it did seven months ago. As awful as it has been, this disease was not the apocalypse we feared. Many aspects of our society proved more resilient than we expected.
We Have a Tough Economic Recovery Ahead — No Matter Who Wins in November
The decline in the headline unemployment rate, from 8.4 percent to 7.9 percent, is superficially good news for President Trump. But a deeper dive reveals underlying, structural barriers to returning to pre-pandemic levels that will bedevil whoever wins.
The Job Numbers Are Much-Needed Good News. And They’re Likely to Get Better.
The U.S. economy is not yet healthy, but it is no longer in critical condition. The jobs report suggests that it will continue to gain strength if permitted.
Testing: The Way Out of This Trap
Whatever mayors, governors, or presidents might say, we cannot restart the economy as long as people are too frightened to resume working, shopping, and socializing.
We’re Not Killing the Economy Over the Coronavirus. We’re Putting It Into a Coma.
The lockdowns and social distancing are artificially suppressing economic activity now because that’s the best way to stop the greater harm to society — the rapid spread of the coronavirus.
Trump May Be on Shaky Ground. But His Economy Appears Rock-Solid.
No one president should ever take credit for economic outcomes, but it’s also pretty clear that President Trump’s policies have helped spur continued growth in what is now the United States’ longest economic expansion on record.
If the Economy Keeps Its Momentum, 2020 Will Be Trump’s to Lose
If the economy keeps its momentum, even the Mueller report or President Trump’s failure to trumpet his success might not prevent him from winning a second term.
The New Unworking Class
Nicholas Eberstadt’s Men Without Work shows how the erosion of family roles contributes to men’s trend away from employment.
Men at Work . . . or Not
Labor-force participation is declining because the family has declined.
The ACA and Its Employment Effects
Obamacare is very likely to reduce hours worked and total compensation, as predicted by the Congressional Budget Office. But it may take some time for these effects to be clearly visible in aggregate economic data.