The latest Mercatus research, media, commentary, and events delivered week by week.
Economics & Finance
Problems of Federal Reserve Policy—And How To Solve Them
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June 7, 2021
The U.S. government is constantly expanding its influence on the economy, including the monetary system. With inflation on the rise, political tensions high and congressional dysfunction in Washington, D.C., what should we expect from our central bankers and monetary institutions? How can we get monetary policies that will benefit ordinary Americans?
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Should Central Banks Offer the Public Token-Based Digital Currencies?
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June 8, 2021
Editorial
Many Politicians Claim That Increased Spending Sparks Economic Growth. Here's Why That's Misleading
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June 10, 2021
Editorial
Demystifying the Magical Multiplier Myth
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June 10, 2021
Editorial
There Still Aren't Enough People Getting Back to Work
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June 4, 2021
Editorial
Foreign Affairs
Is Deterrence Dead?
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June 10, 2021
With the Biden administration embarking on its Nuclear Posture Review, it’s time to reexamine the role nuclear weapons play in U.S. national security. While such reviews have become standard when a new team arrives at the White House, President Biden’s comes at a time when key aspects of America’s nuclear forces, such as the Minuteman III intercontinental ballistic missile, are due or past due for replacement or modernization. Although President Trump was a vocal supporter of nuclear modernization programs and even saw a new weapon type deployed and others planned, the current administration and its Democratic allies in Congress are much less enthusiastic.
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The China Challenge: A Demographic Predicament Will Plague the Mainland for Decades
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June 9, 2021
Editorial
Protectionism Is No Way to Protect America’s Rare-Earth Supplies From China
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June 10, 2021
Editorial
Whether For The 'Right' Or 'Wrong' Reasons, Just Lift The Tariffs
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June 7, 2021
Editorial
The G-7’s Tax Cartel Is Bad News
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June 9, 2021
Editorial
Where Are America’s Allies, And What Are They Reading?
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June 4, 2021
Editorial
Fighting Xenophobia Hand-In-Hand With The Battle Against COVID-19
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June 6, 2021
Editorial
Corporate Welfare
An Interstate Compact to Phase Out Corporate Giveaways
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June 9, 2021
An estimated $95 billion is spent annually by state and local governments on economic development subsidies. These subsidies remain a tenacious problem, even as support grows for phasing them out. My research suggests that an interstate compact offers an opportunity for a cooperative solution.
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Is Corporate Wokeness Here to Stay?
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June 10, 2021
Editorial
Moral Hazard: Airline Edition
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June 3, 2021
Editorial
Regulations, Policy, and Spending
The Benefits of Mobilizing Nurse Practitioners in Delaware
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June 9, 2021
Nurse practitioners are often restricted by state law when it comes to applying their knowledge and skills and alleviating challenges that vulnerable populations encounter in receiving primary care. Current Delaware law permits nurse practitioners in the state of Delaware to apply for full practice authority after achieving the equivalent of two years of full-time clinical experience. Delaware would not be going out on a limb by eliminating this experience requirement. The District of Columbia grants nurse practitioners full practice autonomy immediately upon successfully completing the requirements for licensure. Fourteen other states also provide nurse practitioners this same opportunity.
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Here's How To Make President Biden's Housing Initiative Work
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June 9, 2021
Editorial
The Internet Doesn’t Need Heavy-Handed Regulation
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June 10, 2021
Editorial
At the Department of Energy, ‘Process’ Takes a Back Seat to Politics
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June 10, 2021
Editorial
COVID, And Stimuli, And Keynes, Oh My!
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June 8, 2021
Editorial
Biden’s Childcare Proposal Benefits Don’t Outweigh The Lofty Costs
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June 8, 2021
Podcast
Podcasts
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David Andolfatto on a Standing Repo Facility, the Future of CBDC, and Plumbing Issues in Monetary Policy
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June 7, 2021
David Andolfatto is a vice president for the St. Louis Federal Reserve Bank and has published widely in the field of monetary economics. David also blogs at MacroMania and is a returning guest to the podcast. He rejoins Macro Musings to talk about his thoughts on macro theory, plumbing issues, central bank digital currency, and more.
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Lessons from Liberalism: Insights for the Current Immigration Debate
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June 8, 2021
The Bridge Policy Download brings you the audio from a recent webinar co-hosted with the Classical Liberal Institute on the current immigration debate. The panel shares insight from their recent books and working papers on the topic and then go on to discuss the benefits of immigration, reform options for our current Congress, how and why reform efforts should be informed by policy research, and much more.
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Ideas of India: Of Gifted Voice
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June 2, 2021
Shruti and Keshav Desiraju discuss Indian musical traditions, devadasi women and the music of M. S. Subbulakshmi. Desiraju is the author of “Of Gifted Voice: The Life and Art of M. S. Subbulakshmi.” He has recently retired from a career with the Indian Administrative Service and in 2013 was Secretary of Health & Family Welfare to the Government of India. He continues to remain engaged with issues in public health, particularly mental illness, primary healthcare and community health, and he serves on the board of several nonprofit organizations.
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