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Inflation: Moving Beyond a Basket of Goods

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Two topics dominate discussions of both the current state of the economy and the political environment in the run-up to the 2022 midterm elections: how can policymakers fight inflation and is the economy currently in a recession? Like everything else today, CO... More »

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Piece of the Action: Debt vs. Equity for Bailouts

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American citizens often think of their country as a bastion of free-market capitalism. Indeed, the ethos of American economic policy is devoted to minimal government intervention to ensure that private enterprise can succeed. Proponents of this policy argue th... More »

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A Major Tear in the Chicago Safety-Net System

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Since 2000, the Chicago area has witnessed 20 hospital closures, a loss of nearly a quarter of the city’s hospitals. In the past three years alone, there were four scheduled hospital closures in the South and West sides, though one—Mercy Hospital—was saved at ... More »

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Do the Ends of Nudge Policy Justify the Means?

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What difference can a suggested contribution make for your retirement? In 2016, the United States’ “Thrift Savings Plan” included a recommended contribution rate, or ‘anchor rate,’ in its email messaging to the plan’s participants. This relatively low-cost nud... More »

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Disaster Relief in the U.S. Often Depends on Your Race

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One of the first Executive Orders from President Biden’s Administration reads, “We must deliver environmental justice in communities all across America.” Amongst the many, many moving parts in climate and environmental policy, one of supreme importance is envi... More »