This week's IGM Economic Experts Panel Statement:
All things considered, US society will be better off if sports betting becomes legal in more US states (beyond Nevada).
Keyword: distributional effects
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This week's IGM European Economics Experts Panel statements:
A) Freer movement of goods and services across borders within Europe has made the average western European citizen better off since the 1980s.
B) Freer movement of goods and services across borders within Europe has made many low-skilled western European citizens worse off since the 1980s.
This week's IGM European Economic Experts Panel statement:
In general, using more congestion charges in crowded transportation networks — such as higher tolls during peak travel times in cities, and peak fees for airplane takeoff and landing slots — and using the proceeds to lower other taxes would make citizens on average better off.
This week's IGM Economic Experts Panel statement:
The ratio of the 90th to the 10th percentile of the US income distribution has been unaffected by the Federal Reserve’s unconventional monetary policies since the financial crisis.
This week’s IGM Economic Experts Panel statement:
The 9% cumulative increase in real US median household income since 1980 substantially understates how much better off people in the median American household are now economically, compared with 35 years ago.
This week’s IGM Economic Experts Panel statement:
The most powerful force pushing towards greater wealth inequality in the US since the 1970s is the gap between the after-tax return on capital and the economic growth rate.
This week’s IGM Economic Experts Panel statement:
Considering both distributional effects and changes in efficiency, it is a good idea to let companies that send video or other content to consumers pay more to Internet service providers for the right to send that traffic using faster or higher quality service.
This week’s IGM Economic Experts Panel statements:
A: The average US citizen would be better off if a larger number of low-skilled foreign workers were legally allowed to enter the US each year.
B: Unless they were compensated by others, many low-skilled American workers would be substantially worse off if a larger number of low-skilled foreign workers were legally allowed to enter the US each year.
This week’s IGM Economic Experts Panel statement:
The average US citizen would be better off if a larger number of highly educated foreign workers were legally allowed to immigrate to the US each year.
This week’s IGM Economic Experts Panel poll statement:
In general, using more congestion charges in crowded transportation networks — such as higher tolls during peak travel times in cities, and peak fees for airplane takeoff and landing slots — and using the proceeds to lower other taxes would make citizens on average better off.
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