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Opinion | How to close the wealth gap from the bottom up

Opinion | How to close the wealth gap from the bottom up
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Dow hits 35,000 for the first time as stocks continue to shine

Dow hits 35,000 for the first time as stocks continue to shine
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Plan to expand government-matched retirement contributions popular – survey

Plan to expand government-matched retirement contributions popular – survey
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Republicans threaten to sink Biden's G7-backed plan to fix global tax system | Global economy

G7 supports international minimum rate of at least 15% but Republicans in Congress condemn proposal as ‘crazy’

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Who bears the burden of a corporate tax?

Though aimed at shareholders, some of the costs fall on workers | Finance & economics

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Inflation and the Fed: How Congress Should Approach Monetary Policy

The recent rise in the consumer price index (CPI) has stoked fears of 1970s-style high inflation and even stagflation, an economy that exhibits both high unemployment and inflation. While it would be irresponsible for policymakers to dismiss the possibility of either occurrence, it would be just as imprudent to overreact to the recent increase in the CPI. Rather than panic, public officials should focus on long-term reforms that will help avoid this type of economic anxiety in the future.

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One River Digital Asset Management welcomes Courtney Simmons Elwood and Harold Ford, Jr. to its Academic and Regulatory Advisory Council

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GREENWICH, Conn., May 26, 2021 /PRNewswire/ -- One River Digital Asset Management (together with its parent, One River Asset Management) announced the addition of two new members to the firm's Academic and Regulatory Advisory Council: Courtney Simmons Elwood and Harold Ford, Jr. They will join Jay Clayton, former Chairman of the U.S. Securities and Exchange Commission, Kevin Hassett, former Chairman of the White House's Council of Economic Advisers, and Jon Orszag, former Economic Policy Advisor on President Clinton's National Economic Council.
Ms. Elwood served as General Counsel of the U.S. Central Intelligence Agency from June 2017 to January 2021. From 2001 to 2007, she held a number of senior positions in the federal government, including as Associate Counsel to the President, Deputy Counsel to the Vice President, and Deputy Chief of Staff and Counselor to the Attorney General. Before and after that stint in the government, Courtney was a partner at the law firm Kellogg, Hansen, Todd, Figel & Frederick, PLLC. She joined the firm in 1996, after clerking for Chief Justice William H. Rehnquist on the Supreme Court of the United States and for Judge J. Michael Luttig on the U.S. Court of Appeals for the Fourth Circuit. Courtney is a graduate of Yale Law School and a summa cum laude graduate of Washington and Lee University. She has served as a member of the D.C. Circuit's Advisory Committee on Procedures and a member of the Yale Law School Association Executive Committee.

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Why the cubic model was so bad for projecting COVID.

Slate has relationships with various online retailers.
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by Jordan Ellenberg. © Penguin Press 2021.
On May 5, 2020, the White House Council of Economic Advisers posted a chart showing deaths from COVID‑19 in the U.S. up to that time, together with several potential “curves” that roughly fit the data so far.
To better visualize observed data, we also continually update a curve-fitting exercise to summarize COVID-19's observed trajectory. Particularly with irregular data, curve fitting can improve data visualization. As shown, IHME's mortality curves have matched the data fairly well. pic.twitter.com/NtJcOdA98R— CEA45 Archived (@WhiteHouseCEA45) May 5, 2020

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Star Bradbury: Lack of retirement savings is a looming crisis

When you look at the median household retirement savings for all ages, it is $57,000 for full-time workers and only $23,000 for part-time workers. Compare this to what financial pundits preach today: The average couple will need between $1 million to $1.5 million to retire comfortably! The disconnect and disparity is obvious.
The financial impact of COVID has forced many families to spend any savings they had, including taking money out of 401(k)s. “Let’s see, do I pay my mortgage, put food on the table, take my child to the doctor or save for retirement.” What would you do?
Consequently, we face a serious crisis for the next two generations of retirees. Both Millennials and GenXers have grown up and become adults in a time of great crisis, complete with real estate busts, fewer jobs, financial implosion and now the pandemic.

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Join Now: NRI's Virtual Ideas Summit | National Review

Join Now: NRI's Virtual Ideas Summit | National Review
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