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Top 5 greatest economists.

The following is a short list:

Adam Smith 1723–1790 

You may recognise Adam Smith, he's the chap on the back of your £20 note.

The end!

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White House's tough-on-crime message: Use COVID funds

With crime surging around the country, the Biden administration is telling local officials how to use some of the $1.9 trillion in COVID relief funds to bolster their police departments.

Driving the news: That guidance is spelled out in a White House memo obtained by Axios ahead of President Biden's meeting today with law enforcement and elected officials from around the country — including Eric Adams, New York City's Democratic mayoral nominee and former police captain, who's openly critical of his own party.

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A smaller PPP safety net for Latino businesses

Adapted from an SLEI report through Stanford University; Chart: Axios Visuals

An analysis of more than 5 million loans given out through the Paycheck Protection Program has found stark inequalities for Latino, Black and Asian people in how the critical funds were doled out.

The big picture: Neighborhoods with high Latino populations in places like Los Angeles, New York, Phoenix and San Diego got half as many loans than white non-Hispanic zones, according to reporting from Reveal News and The Los Angeles Times.

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Exclusive: Frank Luntz previews findings that point to feasible immigration compromise

A poll and series of focus groupshas honed a one-two punch for a doable immigration deal: Give Democratic lawmakers a real path to citizenship for Dreamers, and give Republicans tight border security that's more realistic than a wall.

Why it matters: The formula — by Frank Luntz, who rose to fame as a Republican pollster but in recent years has taken a more bipartisan approach to policy — would make real progress on one of the nation's biggest tragedies that Capitol Hill has failed to confront.

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