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Women who leave jobs for compelling family reasons often do not qualify for unemployment insurance. In fact, the authors argue, unemployment insurance is based on male breadwinner assumptions that are out of date. State reforms are needed.
The author, a member of President Bill Clinton's Council of Economic Advisers, traces a fascinating history, some of which has never been told, about how differences between economic advisers and presidents have been resolved. But what to do under President George W. Bush as budget deficits...
This political scientist corrects the simplistic notion that Adam Smith endorsed greed. Tothe contrary, he even liked progressive taxes. Let us keep in mind, the author reminds us, he was a moral philosopher first.
Federal Reserve chairman Alan Greenspan, as well as other Fed governors, has spiritedly maintained that it is not the job of the central bank to restrain bubbles in asset prices. But this economist argues that, in the real world, asset prices should very much be under the Fed's purview.
Adam Smith was an advocate of free markets. But this management professor argues he was also completely aware of the internal contradictions of markets. He saw class conflict as inevitable and was dubious that material acquisition could make anyone happy.
Gradual, not shock, therapy is the right route to development in transition countries, argues the author. We have two natural experiments to learn from.
Some popular culture now suggests that women's attempts to find a suitable marriage partner are being frustrated. This economist argues that it may well be because women are becoming better educated and men aren't keeping pace. Will well-educated women start "marrying down"?
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