One of the most contentious but also consequential debates in economic policy is on whether or not to raise, maintain, or lower the minimum wage, and by how much. There are a great many arguments that circulate about the minimum wage and its effects on the economy, but few that are backed by meaningful data … Continue reading American Economy, Meet Minimum Wage
Like a great many landmines left by the failures of our political establishment over recent years, there is a disaster lurking down the path, soon to be under our feet. The name of this landmine is the national debt. While it's true that historically the national debt has hardly ever been a serious issue for … Continue reading The Risk of Debt Singularity
I'm going to get straight to the point. How much would it cost for the state of California to fund a "Medicare-for-All" single-payer healthcare system? Well, the short answer is that in 2019 it would've cost approximately $240 billion, or about 7.5% of gross state product. But Please don't close out just yet! You should … Continue reading How Much Would It Cost for California To Adopt a Single-Payer Health Care System?