The International Monetary Fund (IMF) recently updated its view on capital controls—the ways countries limit the flow of foreign capital into and out of their economies. These updates, which loosen policies on capital controls, are a step in the right direction, argue the authors of a new report, but they don't go for enough.
Monday's tax deadline revived the annual dialog over how complicated filing has become, but there's a flip side to keep in mind. The complexity of the U.S. tax system actually simplifies many people's interactions with the government, notes William Gale.
U.S. labor markets are extremely tight and wage growth does not appear to be keeping up with inflation. In a new report, Harry Holzer provides some important facts about the current labor situation and explains what it will take to achieve higher real wages.
