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Sustaining the Economic Rise of Africa
Marian L. Tupy and Dalibor RohacAccording to the White House, the upcoming U.S.-Africa Summit in Washington “will highlight America’s commitment to Africa’s security, its democratic development, and...
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Review of Greenlight Pinellas
Randal O'TooleUnder its “Greenlight Pinellas” proposal, the Pinellas Suncoast Transit Authority (PSTA), which serves Pinellas County, FL, wants to switch its major funding source from a property tax to...
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The Dead Hand of Socialism: State Ownership in the Arab World
Dalibor RohacExtensive government ownership in the economy is a source of inefficiency and a barrier to economic development. Although precise measures of government ownership across the Middle East...
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Math Gone Mad: Regulatory Risk Modeling by the Federal Reserve
Kevin DowdThe U.S. financial system faces a major, growing, and much under-appreciated threat from the Federal Reserve’s risk modeling agenda—the “Fed stress tests.” These were intended to make the...
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The Export-Import Bank and Its Victims: Which Industries and States Bear the...
Daniel J. IkensonThe charter of the Export-Import Bank of the United States is set to expire on September 30. Proponents of reauthorization claim that by increasing exports and jobs, Ex-Im benefits the...
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Responsible Counterterrorism Policy
John Mueller and Mark G. StewartTerrorism is a hazard to human life, and it should be dealt with in a manner similar to that applied to other hazards—albeit with an appreciation for the fact that...
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Opening the Skies: Put Free Trade in Airline Services on the Transatlantic...
Kenneth J. ButtonThe European Union (EU) and the United States began negotiations for a Transatlantic Trade and Investment Partnership (TTIP) in 2013, with the primary goals of reducing impediments to...
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The Role of Mortgage Finance in Financial (In)Stability
Mark A. CalabriaEmpirical research on the causes of financial crises has grown in recent decades. Early work, such as that by Kaminsky and Reinhart, helped establish the link between asset prices and...
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Policy Implications of Autonomous Vehicles
Randal O'ToolePartially autonomous vehicles that can take over some driving functions, such as steering and speed control, are on the market today. Highly autonomous vehicles that can drive themselves...
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Public Attitudes toward Federalism: The Public's Preference for Renewed...
John Samples and Emily McClintock EkinsFor much of its history, the United States had a notably decentralized government structure. Since the 1930s, the national government has undertaken new efforts...
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One Year into the TTIP Negotiations: Getting to Yes
Simon LesterIn early 2013, the Transatlantic Trade and Investment Partnership (TTIP) negotiations were introduced with great fanfare in President Obama’s State of the Union speech.1 The world’s two...
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Fiscal Policy Report Card on America's Governors 2014
Nicole Kaeding and Chris EdwardsThe recession of 2007–2009 knocked the wind out of state government budgets, but revenues and spending have grown steadily in recent years. As revenues have risen, some...
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The Evidence on Universal Preschool
David J. ArmorCalls for universal preschool programs have become commonplace, reinforced by President Obama’s call for “high-quality preschool for all” in 2013. Any program that could cost state and...
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War on Poverty Turns 50: Are We Winning Yet?
Michael D. Tanner and Charles HughesThe War on Poverty is 50 years old. Over that time, federal and state governments have spent more than $19 trillion fighting poverty. But what have we really...
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SSDI Reform: Promoting Gainful Employment while Preserving Economic Security
Jagadeesh GokhaleThe Social Security Disability Insurance (SSDI) program faces imminent insolvency. Annual expenditures totaled $143 billion in 2013, but program receipts amounted to $111 billion—a...
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Marijuana Policy in Colorado
Jeffrey MironIn November 2012, voters in the states of Colorado and Washington approved ballot initiatives that legalized marijuana for recreational purposes. Alaska, Oregon, and the District of...
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Will Nonmarket Economy Methodology Go Quietly into the Night? U.S....
K. William WatsonThe use of antidumping measures to protect certain domestic industries may be the most widely abused trade policy instrument worldwide. The U.S. government has been persistent in its...
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The Federal Emergency Management Agency: Floods, Failures, and Federalism
Chris EdwardsThe Federal Emergency Management Agency (FEMA) is the lead federal agency for disaster preparedness, response, and relief. FEMA’s budget fluctuates from year to year, but spending has...
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An Innovative Approach to Land Registration in the Developing World: Using...
Peter F. Schaefer and Clayton SchaeferInformal land tenure continues to be the norm in developing countries despite billions spent on land administration and reform programs in the last 20 years. The...
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The Illusion of Chaos: Why Ungoverned Spaces Aren't Ungoverned, and Why That...
Jennifer KeisterScholars and policymakers are worried about “ungoverned spaces”—areas of limited or anomalous government control inside otherwise functional states. Ungoverned spaces are the latest...
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