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Public Policy Brief No. 36
Dangerous Metaphor: The Fiction of the Labor Market
The concept of a labor market, responding to familiar underpinnings of supply and demand, completely colors thought on the relationship between employment, wages, and inflation, according to James K. Galbraith. However, he asserts, wages are determined not by such market forces, but by what he calls the job structure—a complex set of status and pay […]
Public Policy Brief No. 35
Reflecting the Changing Face of America
On the United States’ census form, American citizens are told they may list any ethnic ancestries with which they identify, but are instructed to “mark one only” in the question on race. Joel Perlmann asserts that it is in the public interest to allow people to declare themselves as having origins in more than one […]
Public Policy Brief Highlight No. 36
Dangerous Metaphor: The Fiction of the Labor Market
The concept of a labor market, responding to familiar underpinnings of supply and demand, completely colors thought on the relationship between employment, wages, and inflation, according to James K. Galbraith. However, he asserts, wages are determined not by such market forces, but by what he calls the job structure—a complex set of status and pay […]
Public Policy Brief Highlight No. 35
Reflecting the Changing Face of America
On the United States’ census form, American citizens are told they may list any ethnic ancestries with which they identify, but are instructed to “mark one only” in the question on race. Joel Perlmann asserts that it is in the public interest to allow people to declare themselves as having origins in more than one […]
Press Release
Privatizing Social Security: Risks to System Are Greater Than Potential Returns
Working Paper No. 209
Cumulative Regional Decline, Institutional Inadequacy, and the “Democratic Deficit”
Working Paper No. 208
On Budget Deficits and Capital Expenditure
No further information available.
Public Policy Brief No. 34
Safeguarding Social Security
The falling ratio of workers to retirees in the United States has raised concerns about Social Security’s ability to continue to provide a base level of support for all retired workers and to remain in balance with all of government’s other fiscal obligations. Of alternative plans that have been proposed to safeguard the system, Walter […]
Public Policy Brief Highlight No. 34
Safeguarding Social Security
The falling ratio of workers to retirees in the United States has raised concerns about Social Security’s ability to continue to provide a base level of support for all retired workers and to remain in balance with all of government’s other fiscal obligations. Of alternative plans that have been proposed to safeguard the system, Walter […]
Public Policy Brief Highlight No. 33
Is There a Trade-Off between Unemployment and Inequality?
Rebecca M. Blank considers how the flexibility of American labor markets and the regulation and redistribution policies of European labor markets may determine employers’ responses to worldwide economic transformations that result in increasing wage disparity in the United States and continuing high unemployment in Europe. She suggests that since the transformations will undoubtedly continue, governments […]
Public Policy Brief No. 33
Is There a Trade-Off between Unemployment and Inequality?
Rebecca M. Blank considers how the flexibility of American labor markets and the regulation and redistribution policies of European labor markets may determine employers’ responses to worldwide economic transformations that result in increasing wage disparity in the United States and continuing high unemployment in Europe. She suggests that since the transformations will undoubtedly continue, governments […]
Public Policy Brief No. 32
What’s Missing from the Capital Gains Debate?
The recent enactment of a capital gains tax cut resulted, according to the authors, from the absence of a true appreciation or consideration of the real beneficiaries of such a cut, its probable actual effects, the distinction between productive and nonproductive sources of capital gains (two-thirds of capital gains accrue to real estate, which is […]