To ease pressure on oil prices, the administration has extended its waiver of the Jones Act—which normally restricts shipments between US ports to US-flagged and -owned vessels. Vincent H. Smith and Shantanu R. Kamat show the benefits of allowing foreign vessels to work these routes over the past two months.
The legalization of cannabis in many states across the country has given researchers more opportunity than ever to assess the medical and social consequences of its use. Naomi Schaefer Riley highlights findings from recent studies that show the harms of this drug—especially on black Americans.
How would increasing the density of single-family homes affect property tax revenues for US localities? In a new AEI Economic Perspectives report, AEI Housing Center experts Arthur Gailes, Edward J. Pinto, and Tobias Peter create a novel dataset of effective property tax rates nationwide and then project the significant revenue gains of reducing lot sizes with light-touch density policies.
The Federal Communications Commission (FCC) was created in 1934 to address monopolistic telephone and spectrum-scarcity environments that no longer prevail in today’s world of dynamic competition across broadband, wireless, and satellite platforms. In a new paper for Telecommunications Policy, Mark Jamison puts forward options for comprehensive regulatory reform—including disbanding the FCC.
