Oct 22 Airbnb sues New York for imposing fines on illegal renters By Kamala Kelkar After New York Gov. Andrew Cuomo signed legislation on Friday imposing costly fines onto people who advertise illegal rentals online, Airbnb sued. Continue reading
Oct 21 Watch 9:44 Why student debt is 'a crisis' for some borrowers By PBS News Hour Student debt has been a prominent topic during this year's presidential campaign, with several candidates touting plans for tuition-free college. Indeed, more than 40 million Americans carry debt from student loans, totaling around $1.3 trillion nationally. While the median debt… Continue watching
Oct 21 Column: What shadow economies cost us in dollars and lives By Vikram Mansharamani We tend to think of markets as the open, above-ground institutions described in economics classes. But we miss a lot by ignoring the shadow economies that exist all over the world. Continue reading
Oct 20 Watch 9:26 Pay for carbon pollution? Why some environmentalists don't support this state tax By PBS News Hour Continue watching
Oct 20 Why this conservative economist supports a carbon tax in Washington By Paul Solman Washington state's Initiative 732 proposes imposing a tax on carbon emissions. The initiative has gained support from unlikely places. Continue reading
Oct 20 Column: $15 minimum wage won't hurt workers? Don't take it seriously By Mark J. Perry Many of us in the economics profession recognize that the minimum wage is a terrible and cruel public policy, one that reduces employment opportunities for the most vulnerable Americans. Continue reading
Oct 19 California launches Wells Fargo criminal investigation over fake accounts By Kristen Doerer The California Department of Justice has launched a criminal investigation into Wells Fargo, which was fined $185 million for illegal banking practices last month. Continue reading
Oct 19 Are you ready to navigate the overwhelming choices of Medicare? By Philip Moeller You need to learn enough to buy the right policies and then, of equal if not greater importance, how to best use them to get the best medical care you can at the lowest price. Do not expect Medicare or… Continue reading
Oct 18 Watch 4:32 The economy is improving, yet these voters don't trust the data By PBS News Hour Unemployment in the U.S. is at 5 percent, a relative low, and 10 million jobs have been created during the Obama administration. But a new survey finds that many Americans are experiencing high levels of economic anxiety, a factor that… Continue watching
Oct 18 Average senior's Social Security check to increase a measly $4 in 2017 By Philip Moeller Social Security’s annual cost of living adjustment, or COLA, will be only 0.3 percent in 2017. Continue reading