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Category Archives: Economy

Secession USA: A Proposal for a 50-State Solution

McGee, Robert W., Secession USA: A Proposal for a 50-State Solution (June 24, 2016). Available for download at SSRN: “The UK’s recent exit from the European Union has sparked new interest in secession and has generated debate on the right to secede. The majority of people in the United States are either dissatisfied or… Continue Reading

Lack of regulatory control over dietary supplements leaves consumers with no safety net

Via The Atlantic – Why ‘Dietary Supplements’ Can Contain Anything – “Six past FDA commissioners regret their inability to ensure safety and purity of products due to the political power of the industry.” Continue Reading

BLS American Time Use Survey Summary 2015

“In 2015, 38 percent of workers in management, business, and financial operations occupations, and 35 percent of those employed in professional and related occupations, did some or all of their work from home on days they worked, the U.S. Bureau of Labor Statistics reported today. Workers employed in other occupations were less likely to work… Continue Reading

GAO Reports – Highway Trust Fund, Army Working Capital Fund, Defense Facility Condition, Defense Health Care, Federal Prison System, Commercial Space

Highway Trust Fund Administrative Expenses of the Federal Highway Administration, GAO-16-631R :Published: Jun 24, 2016. Publicly Released: Jun 24, 2016 Army Working Capital Fund: Army Industrial Operations Could Improve Budgeting and Management of Carryover, GAO-16-543: Published: Jun 23, 2016. Publicly Released: Jun 23, 2016 Defense Facility Condition: Revised Guidance Needed to Improve Oversight of Assessments… Continue Reading

Agreement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies

“The Wassenaar Arrangement has been established in order to contribute to regional and international security and stability, by promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies, thus preventing destabilising accumulations. The aim is also to prevent the acquisition of these items by terrorists. Participating States seek, through their… Continue Reading

Pew survey of Brexit vote reveals sentiments of other EU members

Brexit vote highlighted UK’s discontent with EU, but other European countries are grumbling too – The decision by the United Kingdom to leave the European Union – known as Brexit – shines a spotlight on the divisions in public opinion between the UK and the continental members of the EU, and within the UK on… Continue Reading

Income inequality in the U.S. by state, metropolitan area, and county

Income inequality in the U.S. by state, metropolitan area, and county – Report By Estelle Sommeiller, Mark Price, and Ellis Wazeter, June 16, 2016. Economic Policy Institute. “What this report finds: Income inequality has risen in every state since the 1970s and in many states is up in the post–Great Recession era. In 24 states,… Continue Reading

Paper – A More Timely House Price Index

Anenberg, Elliot and Laufer, Steven, A More Timely House Price Index (June 15, 2016). Available for download at SSRN: “Using listings data, we construct a new repeat-sales house price index that describes house values at the contract date when the price is determined rather than the closing date when the property is transferred. We… Continue Reading

Paper – Southern Europe’s Institutional Decline

Challe, Edouard and Lopez, Jose Ignacio and Mengus, Eric, Southern Europe’s Institutional Decline (June 9, 2016). HEC Paris Research Paper No. ECO/SCD-2016-1148. Available for dowload at SSRN: “The run up to the euro currency initiated a period of capital inflows into southern European countries, i.e., Spain, Portugal, Italy and Greece. We document that those… Continue Reading

2012 Economic Census Subject Series: Management of Companies and Enterprises

Via Census – “These reports present data for a variety of industry-specific topics, such as end of year inventories, for establishments of firms with payroll. Presentation of data varies by kind of business. This concludes the subject series for the management of companies and enterprises sector.” Continue Reading

GAO – IRS Needs to Update Its Risk Assessment for the Taxpayer Protection Program

Identity Theft and Tax Fraud: IRS Needs to Update Its Risk Assessment for the Taxpayer Protection Program, GAO-16-508: Published: May 24, 2016. Publicly Released: Jun 23, 2016. “Taxpayer Protection Program (TPP). While the Internal Revenue Service (IRS) has made efforts to strengthen TPP—a program to authenticate the identities of suspicious tax return filers and prevent… Continue Reading

Foreign Aid: An Introduction to U.S. Programs and Policy

CRS Report via FAS – Foreign Aid: An Introduction to U.S. Programs and Policy – Curt Tarnoff, Specialist in Foreign Affairs; Marian L. Lawson, Specialist in Foreign Assistance Policy. June 17, 2016. “Foreign assistance is a fundamental component of the international affairs budget and is viewed by many as an essential instrument of U.S. foreign… Continue Reading