In many high-income democracies, the explosion of public borrowing over the past two decades has made it clear enough that a budgetary course correction is required, especially when analysis is ...

We should never take economic growth for granted. As Oxford University economist Daniel Susskind writes in his 2024 book, Growth: A History and a Reckoning, “Three facts, simple but remarkable, have ...

With the advent of the Internet and social media, the introduction of smartphones, and the continued proliferation of other online technologies, pornography consumption has changed dramatically in our ...

Rep. Blake Moore (R-UT) introduced the Family First Act. This bill would significantly increase the Child Tax Credit (CTC), modify or eliminate other family tax provisions, and make the cap on the ...

There are serious issues with America’s federal budget. Very serious issues. Where to begin? Let me first start with the process of budgeting, that process of drafting a plan for raising revenue ...

The world economy is always subject to downside risks. However, what distinguishes the current situation is the unusually large constellation of major economic and geopolitical downside risks.

This paper studies how output prices are affected by increases in the minimum wage. To the best of our knowledge, we provide the first examination of how the prices of an entire menu of items at a ...

In a 2023 landmark case, Students for Fair Admissions, Inc. (SFFA) v. President and Fellows of Harvard College, the Supreme Court held that Harvard’s admissions process for new students violated ...

When a U.S. president bestows major non-NATO ally status on countries, it is not just an honorific.The status bestows privileges on the recipient, allowing it favorable access to materials and ...

In a recent letter to President-elect Donald Trump raising ethical concerns about billionaire Elon Musk’s role in the Trump transition, Senator Elizabeth Warren noted that federal conflicts of ...

The Department of Government Efficiency, or DOGE, has drawn lots of loose talk in this transition period before Donald Trump’s second presidency. The concept has the classic markers of a Trump ...

This project assesses the potential consequences for defense spending if Russia were to defeat Ukraine and demonstrates that the aid the United States currently provides to Ukraine through the ...