Publications / Regulatory Improvement

Publications

Policy Memo

By / 11.30.2017

For many Americans, self-employment and running  a small business can be an important pathway to the middle class, yet accessing credit to start or grow a business is more difficult, and potentially even more dangerous, than most realize. While banks have historically provided the majority of small business credit in the United States, and still […]

Policy Report

By / 10.31.2017

Throughout the 2016 presidential campaign, Donald Trump promised a massive infrastructure program financed primarily by the private sector. Trump’s 2018 budget proposed leveraging $200 billion in direct federal spending into $1 trillion in infrastructure investment through private sector incentives. However, President Trump recently retreated from this campaign pledge that private sector funding would be a […]

Policy Proposal

By / 10.16.2017

A four-year degree is not the only path to middle-class security. High-quality occupational credentialing opportunities deserve equal standing and federal support. Many progressives believe “free college” to be the best way of helping more Americans achieve economic mobility and security. On average, workers with four-year degrees enjoy greater earnings and job security than high school […]

Policy Report

By / 12.13.2016

Economists often apply the term “opportunity costs” to high and middle-income people, meaning that the time they spend on one task is time not available to perform other, potentially more valuable tasks. But social scientists rarely apply the concept to low-income people, acting as if their time is essentially worthless. Sort of like the spouse […]

Policy Brief

By and / 12.10.2015

Economists and policymakers are always lauding innovation. In its purest form, innovation is like a free lunch: it boosts growth and incomes, creates good jobs, and opens up new possibilities for social reform and social mobility. Today, innovation is needed more than ever. Productivity growth has been slowing in recent years. The 10-year growth rate […]

Policy Memo

By and / 5.9.2013

The natural accumulation of federal regulations over time imposes an unintended but significant cost to businesses and to economic growth. However, no effective process currently exists for retrospectively improving or removing regulations. This paper first puts forward three explanations for how regulatory accumulation itself imposes an economic burden, and how this burden has historically been […]

Policy Brief

By and / 7.11.2012

American voters are finding it hard to get excited about this year’s presidential election. Job growth is slow. Economic growth is slow. Real wages have been essentially stagnant since 2009. It’s the same old story as when recovery began three years ago. We are in an atmosphere of economic uncertainty. Voters—swing voters especially—are looking for […]

Policy Memo

By / 4.2.2012

The late economist Mancur Olson would have been a fan of Jonathan Ames. Ames is the creator of the HBO series Bored to Death as well as the eponymous protagonist, an aspiring novelist who moonlights as a private investigator. Olson may have enjoyed the ensuing hijinks, but he would have seen a larger economic lesson […]

Policy Brief

By and / 3.22.2012

Advances in drilling and recovery technologies for shale gas have reshaped our assumptions about America’s natural gas resources and our future energy options. Expanded development of shale gas and its associated liquids offer the potential for turning energy scarcity into plenty, fostering a renaissance in our petrochemical and manufacturing sectors, and offering a cleaner option […]

Policy Memo

By / 2.3.2011

Download the entire memo Today, the U.S. is suffering from a regulatory paradox: Too few and too many regulations at the same time. On the one hand, financial services were clearly under-regulated during the 2000s, making financial reform essential. Similarly, President Obama’s healthcare reform bill was a key first step to reining in medical costs. […]