One effect of President Obama’s $500,000 salary cap on the executives of bailed out firms (if it has any effect at all; Gary Becker thinks it won’t) could be an exodus of human capital from the top echelons of the finance industry...
The debate over the stimulus during the past few months focused on two big issues: (1) the composition of the stimulus, the shares for tax cuts and spending and (2) the size of the stimulus, $700 billion, $800 billion, $900 billion, or more...
Richard Epstein, professor of law and director of the Law and Economics Program at the University of Chicago, has written columns arguing against the Card Check bill for Forbes and the Wall Street Journal, calling the bill "unconstitutional" and "a job killer of the first magnitude."...
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.