The Labor Department weekly jobless claims report out Thursday found an increase in claims for the week ending May 16, but 40% of unemployed Americans quit searching for work.
What’s the most effective way of screwing up a sector of the economy? Since I’m a fiscal policy economist, I’m tempted to say that bad tax policy is the fastest way of causing damage. And France might be my top example.But other forms of government intervention also can have a poisonous effect. Regulation, for instance, […]