by John H. Cochrane via Defining Ideas
The volatility of the markets is alarming, but it suggests that we are entering a period of higher growth.
Michael R. Strain | Bloomberg View
Through programs such as the earned income tax credit, public policy should support low-wage workers, helping ensure that no one who works full time and heads a household lives in poverty. And public leaders shouldn’t denigrate the jobs held by millions of American workers. That message is counterproductive. All leaders should encourage work.