Romina Boccia and Dominik Lett Legislators and the public tend to underestimate the fiscal costs of emergency spending. Emergency supplemental bills, such as the Ukraine‐Israel foreign aid package, are often…
Investing
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Editor's PickInvesting
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Travis Fisher The social cost of carbon dioxide (SCC): Who needs it? As it turns out, anyone who cares about enacting climate policies that improve the lives of our fellow…
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Jeffrey Miron Recent debates over student loan cancellation ignore a fundamental question: should the federal government be subsidizing such loans in the first place? The standard argument for this intervention is…
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Adam N. Michel It’s tax season again in America. As we reconcile last year’s tax payment with the Internal Revenue Service (IRS), it is natural to wonder where the $4.4…
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Editor's PickInvesting
Illegal Immigrants Have a Low Homicide Conviction Rate: Setting the Record Straight on Illegal Immigrant Crime
Alex Nowrasteh I’ve written a series of papers on illegal immigrant crime in Texas based on data from the Texas Department of Public Safety (DPS). My research was featured on the front page of The…
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Jeffrey A. Singer According to press reports, the New Zealand parliament is scheduled to take up, as a matter of “public urgency” (enabling lawmakers to bypass a public comment period), repealing the…
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Alan Reynolds Last May, I wrote a piece called “We Are Measuring Inflation All Wrong: Non‐housing Inflation Is Very Low.” That has not changed. The uniquely quirky way “shelter” costs are estimated…
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Chris Edwards Policymakers across the nation are concerned about the high costs of housing for moderate‐income families. One federal response to the problem is the low‐income housing tax credit (LIHTC),…
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Jai Kedia Capital One recently announced plans to acquire Discover Financial Services with a $35.3 billion all‐shares transaction. The proposed merger has brought the usual suspects out of the political…
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Justin Logan The Biden administration marked the two‐year anniversary of the war in Ukraine by announcing a new round of sanctions and other economic efforts at coercing Russia. Unfortunately, the new sanctions…