One of many examples in Peter Schuck’s new book, the Social Security program shows how government can be successful and also why it “fails so often.”
Regulatory Policy
Understanding a New Tax Issue
With the House requiring dynamic scoring of tax legislation from the CBO, the bigger tax debate resurfaces on how much redistribution and spending.
Alcohol, Marijuana or Tobacco: Which is Most Harmful?
When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.
Why the Metric Switch is so Tough
The expense and complexities of switching to the metric system have prevented the change, and have affected how standard weights and measures help globalization.
The Seven Ways We Pay For Free Parking
Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.
Why Academy Award Winners Might Live Longer
Relating income inequality to the stress felt by low status Bolivian Tsimane men and academy award losers, researchers said that stress that harms health.
Is Your Favorite Economist Biased?
Illustrated through word use and data selection in research, politically liberal and conservative economists display a tendency toward confirmation bias.
A Bigger (Thanksgiving) Pie or Equal Slices?
Increasing income inequality by moving from communal farming to individual plots, Plymouth Colony Governor William Bradford changed income redistribution.
Should Water Be Free?
Although protestors in Detroit and Ireland say water is a human right, economists, citing a definition of a public good and a tornado alarm, would disagree.
Dodd-Frank: When Is A Law Too Long To Obey?
With debated impact, a little more than half of the thousands of rules necessary for implementing the financial regulation in Dodd-Frank have been written.