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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 »