The latest Mercatus research, media, commentary, and events delivered week by week.
Healthcare
Living Together with Deep Divides
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July 26, 2021
The founding of America was an ambitious experiment in pluralism to create a nation with people from varied backgrounds, statuses, beliefs and creeds. Even more ambitious was the Founders’ promise of equality, liberty and justice for all—though of course, those principles were only applied to a sliver of the population within the new nation. The country created by this experiment was, and remains, far from perfect.
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The Press Now Depends on Readers for Revenue and That’s a Big Problem for Journalism
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July 28, 2021
Editorial
Are Google, Facebook, and Amazon So Good at What They Do That We Must Get Rid of Them?
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July 28, 2021
Editorial
Regulation, Economics, and Foreign Policy
Putting a Value on Life in Cost-Benefit Analysis
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July 29, 2021
Federal agencies often assign a dollar value to the lives that, on the basis of their cost-benefit analyses, they expect to save through regulations that address life-threatening risks. This dollar value is often estimated from surveys of what adults are willing to pay to reduce risk of various kinds or from labor market data on the extent to which wages vary across jobs with different risk levels. The measure so derived reflects the risk preferences of these groups and is the value of a statistical life (VSL).
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A Snapshot of Regulation in Great Lakes States
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July 26, 2021
Research
Fed Keeps Rates Unchanged as Taper Talk Begins to Materialize
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July 30, 2021
Editorial
How the Fed Should Be Helping Housing
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July 28, 2021
Editorial
The China Challenge: America as a Rising Power
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July 29, 2021
Editorial
Only US Clarity Can Prevent a Chinese Invasion of Taiwan
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July 27, 2021
Editorial
Healthcare
Depoliticizing Healthcare Licensure: Making Competence the New Standard for Licensing the Healthcare Workforce
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July 28, 2021
In the United States, political considerations play too large of a role in the licensing of physicians and other healthcare professionals, relative to medical competence. Such considerations are responsible for many of the current shortcomings of the healthcare system, such as high costs and impaired access to care.
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Trying To Determine Which Country Has the Best Healthcare System Is Worse Than a Waste of Time
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July 27, 2021
Editorial
What Aviation Can Teach Healthcare
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July 28, 2021
Editorial
Podcasts
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Jerusalem Demsas on Problems in the US Housing Market and How to Fix Them
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July 26, 2021
Jerusalem Demsas is a policy reporter for Vox and joins David on Macro Musings to discuss the state of housing in America and its implications for policy. Specifically, Jerusalem and David discuss the current state of the housing market, whether there is a housing bubble, how the housing shortage creates avenues for discrimination, the dynamics of racism in the US housing market, the impact of zoning laws, and much more.
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Niall Ferguson on Why We Study History
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July 28, 2021
While the modern historical ethos can be obsessed with condescending to the past based on our current value system, Scottish-born historian Niall Ferguson has aimed to set himself apart with his willingness to examine the past in its own context. The result is some wildly unpopular opinions such as “The British Empire was good, actually” and several wildly popular books, such as his latest Doom: The Politics of Catastrophe.
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