The latest Mercatus research, media, commentary, and events delivered week by week.
Economics
Nobel Winners, the Minimum Wage and Evolution
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October 14, 2021
Almost 30 years ago, New Jersey was raising its minimum wage and two Princeton University economists, David Card and Alan B. Krueger, decided to study the impact. Surprisingly, they “found no indication that a rise in the minimum wage reduced employment” in the state. Immediately, this result became hotly debated, and it has helped shape our political discourse ever since.
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Inflation Is Painful, But the Fed Shouldn’t Overreact
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October 12, 2021
Editorial
New Evidence: The Expanded Child Tax Credit's Disincentives
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October 9, 2021
Editorial
Bad Jobs Numbers Raise More Questions About Unemployment Insurance
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October 12, 2021
Editorial
The FTC’s Latest Intervention Will Have Some States Smiling Ear to Ear
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October 14, 2021
Editorial
High Inflation Is Here To Stay
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October 13, 2021
Editorial
Broad-Based FTC Data-Privacy and Security Rulemaking Would Flunk a Cost-Benefit Test
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October 13, 2021
Editorial
Trade & Foreign Policy
The China Challenge: Beijing Is Pursuing the Wrong Strategy in its Bid To Win Allies
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October 11, 2021
One of the more simplistic though popular clichés about U.S.-China relations is that America plays chess while China plays Go. Using board games to explain international relations can be misleading, but if such a comparison can provide insights, then a more helpful analogy is to the game Reversi, marketed as Othello in the U.S.
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A Path for Progress on Immigration Reform
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October 11, 2021
Editorial
By Sharing Data Gulf Government Agencies Will Improve Decision Making
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October 10, 2021
Editorial
Begging Permission to Buy and Sell Freely
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October 14, 2021
Editorial
The IMF Doesn’t Need to Be More Democratic
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October 14, 2021
Editorial
Social Issues
What We Owe to the Past
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October 14, 2021
Patriotism, according to Samuel Johnson, is the last refuge of a scoundrel. If the views of young people in both Canada and America are anything to go by, they largely agree with Johnson. Across North America today, the young are far more conditional in their enthusiasm for their countries than are their elders. This is borne out in polling as well as the largely youthful support for movements such as taking a knee at sporting events, Black Lives Matter, Antifa, the One Percenters, the call to cancel Canada Day and more.
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The Ideas of Nobel Laureates Are Not All Created Equal
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October 15, 2021
Editorial
Science Doesn’t Support Your Politics
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October 14, 2021
Editorial
Why Is the Biden Administration Seeking To Make Banks a Tool Of the IRS?
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October 12, 2021
Editorial
There Is No Shortage of Reasons for the Broken Supply Chain
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October 11, 2021
Editorial
Podcasts
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Scott Sumner on The Money Illusion
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October 11, 2021
Scott Sumner is David’s colleague and the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center. Scott is also a returning guest to the podcast and joins David on Macro Musings to discuss his new book, The Money Illusion: Market Monetarism, the Great Recession, and the Future of Monetary Policy.
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Ideas of India: Religious Divisions and Production Technology
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October 14, 2021
This episode is the first in a mini-series of weekly short episodes featuring young scholars entering the academic job market who discuss their latest research. In this episode, Shruti speaks with Arkadev Ghosh about his job market paper titled “Religious Divisions and Production Technology: Experimental Evidence from India.”
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