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The Economic Gains from Eliminating U.S. Travel Visas
Robert A. Lawson, Saurav Roychoudhury and Ryan MurphyThe U.S. government requires most foreigners to obtain a travel visa if they wish to travel to America. The purported rationale for this requirement...
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How to Spend $3.9 Trillion
Chris EdwardsChris Edwards is the director of tax policy studies at Cato and editor of www.DownsizingGovernment.org.
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Minimum Wages: A Poor Way to Reduce Poverty
Joseph J. SabiaJoseph J. Sabia is an associate professor of economics at San Diego State University.
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A Compromise to Advance the Trade Agenda: Purge Negotiations of...
Daniel J. IkensonIntroduction President Obama’s major trade initiatives, the Trans-Pacific Partnership, the Transatlantic Trade and Investment Partnership, and obtaining fast-track trade negotiating...
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Drawing Meaningful Trends from the SAT
Andrew J. CoulsonThough measures of long-term academic performance trends are valuable to education policy analysts and policymakers, they have been hard to come by at the state level, where most...
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Review of the Panama City Metro Project
Randal O'TooleThe Metro rail transit system now under construction in Panama City, and planned extensions to that system, are poor investments for Panama. Depending on ridership, the US$1.88 billion...
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State Education Trends
Andrew J. CoulsonLong-term trends in academic performance and spending are valuable tools for evaluating past education policies and informing current ones. But such data have been scarce at the state...
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The Paths to Mortgage Finance Reform and Their Budgetary Implications
Ike Brannon and Mark A. CalabriaThe passage of the Housing and Economic Recovery Act in July of 2008 expanded the federal government’s authority to place Fannie Mae and Freddie Mac into...
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The Obama Administration's Trade Agenda Is Crumbling
Daniel R. PearsonIntroduction The nation has been living with the Obama administration’s trade policy for five years, with relatively little to show for it. In the remaining three years, is the...
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Run, Run, Run: Was Financial Crisis Panic over Institution Runs Justified?
Vern McKinleyThroughout history there has been a consistent fear of bank runs, particularly regarding large institutions during times of crisis. The financial crisis of 2007-09 was no exception. The...
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State-Based Visas: A Federalist Approach to Reforming U.S. Immigration Policy
Brandon Fuller and Sean RustMichigan Governor Rick Snyder and Senator Rand Paul (R-KY) recently proposed a regional visa program that would allow immigrants to live and work exclusively in Detroit or...
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Does Immigration Impact Economic Freedom?
J. R. Clark, Robert A. Lawson, Alex Nowrasteh, Benjamin Powell & Ryan MurphyThe economics literature generally finds a positive, but small, gain in income to native-born populations from immigrants...
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REAL ID: State-by-State Update
Jim HarperIn 2005, Congress passed a law seeking to create a national identification (ID) system by weaving together the states’ driver-licensing systems. According to the federal government’s plan,...
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Review of Project Connect
Randal O'TooleProject Connect — a planning consortium sponsored by the City of Austin, Capital Metro, the Capital Area Metropolitan Planning Organization, and Lone Star Rail — proposes to build a...
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The Worst of Both: The Rise of High-Cost, Low-Capacity Rail Transit
Randal O'TooleMost new rail transit lines in the United States and around the world are either light rail, including lines that sometimes run in or cross city streets, or heavy rail, which are built in...
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Understanding Political Islam
Dalibor RohacFormer Prime Minister of the UK, Tony Blair, said earlier this year thatthe threat of … radical Islam … is growing. It is spreading across the world. It is destabilising communities and...
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Libertarianism and Federalism
Ilya SominFederalism is a political system with multiple levels of government, each of which has some degree of autonomy from the others. The United States has a federalist system that encompasses the...
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The Fiscal Impact of Immigration
Alex NowrastehThe fiscal impact of immigration — how immigrants and their descendants affect government budgets — is a widely debated and contentious issue. Economists overwhelmingly accept the...
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A Case against Child Labor Prohibitions
Benjamin PowellHalima is an 11-year-old girl who clips loose threads off of Hanes underwear in a Bangladeshi factory.1 She works about eight hours a day, six days per week. She has to process 150 pairs...
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Rapid Bus: A Low-Cost, High-Capacity Transit System for Major Urban Areas
Randal O'ToolePrompted by federal funding, more than 30 American cities have built or are building new rail transit lines. These expensive lines have debatable value as they put transit agencies in...
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