Economics

May 01 California High-Speed Rail: with cost estimates doubling between 2008 and 2012 alone, CAHSR became one of the most expensive rail construction projects in the world, on a per-mile basis. By this metric, it is 3X more expensive than rail construction in Spain, and 2X more expensive than in Taiwan.

May 01 Understanding policy responses to weak labor demand: Minneapolis Fed provides new analysis of public programs that directly hire workers, adding to research on employer-based interventions for labor market frictions

May 01 Since Congress Let Obamacare Subsidies Expire, Millions Are Dropping Coverage

May 01 Opinion | Silicon Valley Is Bracing for a Permanent Underclass