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How Not to Use the International Trade Commission’s Economic Analysis of...
Daniel R. PearsonThe Trans-Pacific Partnership (TPP) has been concluded and is pending approval by the 12 member nations. Negotiations on the Transatlantic Trade and Investment Partnership (TTIP)...
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The Danish Model — Don’t Try This at Home
Otto Brøns-PetersenIncreasingly, both in Denmark and abroad, I hear the claim that Denmark is somehow proof that a gentler socialism is preferable to free-market capitalism, promising more happiness,...
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To Confront the Assassin’s Veto, or to Ratify It?
Robert Corn-RevereThe morning of January 7, 2015, Cherif and Said Kouachi, two brothers deeply offended by satirical drawings of the Muslim prophet Mohammad published in the French weekly newspaper...
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Taking Credit for Education: How to Fund Education Savings Accounts through...
Jason Bedrick, Jonathan Butcher, and Clint BolickEvery child deserves the chance at a great education and the American dream. Unfortunately, decades of student achievement data reveal that the...
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U.S. Fiscal Imbalance over Time: This Time Is Different
Jeffrey MironThe U.S. fiscal imbalance—the excess of what we expect to spend, including repayment of our debt, over what government expects to receive in revenue—is large and growing. And with...
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Technologies Converge and Power Diffuses: The Evolution of Small, Smart, and...
T. X. HammesDramatic improvements in robotics, artificial intelligence, additive manufacturing (also known as 3D printing), and nanoenergetics are dramatically changing the character of conflict in all...
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Is the Doha Round Over? The WTO's Negotiating Agenda for 2016 and Beyond
Simon LesterThe World Trade Organization’s (WTO) most recent Ministerial Conference took place last December in Nairobi, Kenya. Opinions vary on how much was achieved, and, perhaps more importantly,...
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Reign of Terroir: How to Resist Europe's Efforts to Control Common Food Names...
K. William WatsonThe European Union’s agenda in international trade negotiations includes an effort to secure the protection of their “geographical indications” (GIs) in foreign markets. If European...
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Inequality Attributable to Housing Value and Immigration
Ryan Murphy and Alex NowrastehPiketty (2014) argues that capitalism is increasing the share of earning from capital share while shrinking that of wages, thus exacerbating income inequality. Rognlie...
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Reforming Air Traffic Control
Chris EdwardsThe Federal Aviation Administration (FAA) operates the nation’s air traffic control system. It also regulates aviation safety and provides grants to airports. The agency has a $16 billion...
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Japan’s Security Evolution
Jennifer LindIn 2015, Japan passed landmark reforms of its national security laws, including a reinterpretation of its constitutional prohibition against collective security activities. Now Japan can...
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It’s Time to Dump Nonmarket Economy Treatment
K. William WatsonTrade officials in the United States and Europe use what is called “nonmarket economy methodology” in antidumping cases against imports from China. That practice ignores the actual...
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Privatizing the U.S. Postal Service
Chris EdwardsThe U.S. Postal Service (USPS) is a major business enterprise operated by the federal government. Revenues from the sale of USPS products are supposed to cover the company’s costs. But...
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Global Steel Overcapacity: Trade Remedy “Cure” Is Worse than the “Disease”
Daniel R. PearsonAntidumping and countervailing duty (AD/CVD) measures are unable to fix the low-price problem afflicting U.S. steel producers because they amount to no more than a band-aid that can’t...
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The Welfare Cost of Perceived Policy Uncertainty: Evidence from Social Security
Erzo F. P. Luttmer and Andrew A. SamwickRelative to the extensive literature that values risk in insurance and financial markets, economists have paid surprisingly little attention to the welfare...
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Menu Mandates and Obesity: A Futile Effort
Aaron YelowitzExecutive SummaryOne provision of the Patient Protection and Affordable Care Act (ACA) that has been delayed until 2017 is a federal mandate for standard menu items in restaurants and...
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Beyond the American Manufacturing Competitiveness Act: Congress Should Get...
Daniel J. IkensonIntroduction On April 13, 2016, House Ways and Means Committee leadership and 15 other members of Congress introduced the American Manufacturing Competitiveness Act of 2016 (AMCA), a...
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A Walk Through the JOBS Act of 2012: Deregulation in the Wake of Financial...
Thaya Brook KnightExecutive SummaryIn 2011, on the heels of the financial crisis and after passing the behemoth known as the Dodd-Frank Act, Congress did something unexpected: it passed, with wide...
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Hate Speech Laws: Ratifying the Assassin's Veto
Robert Corn-RevereExecutive SummaryRecently criticisms of religion have been met by violence and threats of violence, the most infamous being the murder in Paris of several editors of the satirical...
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Voice, Exit, and Liberty: The Effect of Emigration on Origin Country...
Michelangelo Landgrave and Alex NowrastehNations with freer economies, the rule of law, and other strong institutions are more prosperous than others.1 Some economists, such as George Borjas of Harvard...
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