The latest Mercatus research, media, commentary, and events delivered week by week.
COVID Policy
COVID’s Retreat Doesn’t Prove Experts Should Rule
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August 3, 2021
Recently I joined in an online meeting of think tank leaders from all over the world, where most of the other participants were enthusing about their countries’ success in cutting COVID down to size. To them, it meant that think tanks (among other purveyors of expert policy advice) now enjoyed a “mandate for leadership, common purpose and change in a post-pandemic world.”
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This School Year Can’t Be a Repeat of the Last
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August 5, 2021
Editorial
China, US Need to Put Their Differences Aside in the Fight Against COVID-19
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August 1, 2021
Editorial
Economics & Politics
The Neutral Level of NGDP and the NGDP Gap: Q2 2021
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August 4, 2021
The nominal GDP (NGDP) gap, a measure of unexpected changes in the dollar size of the US economy, is the percentage difference between the actual and the neutral levels of NGDP. The neutral level of NGDP, in turn, is a sum of all dollar incomes expected by households and businesses coming into a specific time period. In the second quarter of 2021, the NGDP gap was −0.10 percent, down from the −2.11 percent NGDP gap experienced in the first quarter of 2021 (see figures below).
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Don’t Worry About Investors Buying Houses Or Even Whole Neighborhoods. Do This Instead.
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July 31, 2021
Editorial
American Politics Are Not (Yet) Broken
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August 2, 2021
Editorial
Highways and Bridges Are Not Crumbling
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August 5, 2021
Editorial
How State Lawmakers Are Undermining Telehealth’s Potential
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August 2, 2021
Editorial
Social Issues
The Three-Act Tragedy of Spain’s Ingreso Mínimo Vital
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August 6, 2021
Imagine we are traveling to Spain together, and I have promised you a night out at Madrid’s Royal Theatre. The production is a tragedy about Spain’s 3 billion euro ($3.7 billion) Ingreso Mínimo Vital (IMV), which was implemented a year ago last month. The joint governing deal between the Spanish Socialist Workers’ Party and Unidas Podemos agreed to develop “a general mechanism to guarantee earnings for families with no or low income” in December 2019. The COVID-19 pandemic accelerated the plan.
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The Use and Abuse of History
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August 4, 2021
Editorial
What James Baldwin Can Teach Us About Race and Identity in America Today
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August 2, 2021
Editorial
Are We Entering the ‘Age of the Individual?’
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August 1, 2021
Editorial
The Future Will Be Weirder Than We Think
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August 1, 2021
Editorial
Why Capitalists in Space Are Good for Americans’ Future
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August 5, 2021
Editorial
Podcasts
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Larry White on Stablecoins, Money Market Funds, and the History of Free Banking
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August 2, 2021
Larry White is a professor of economics at George Mason University and is a returning guest to the show. He rejoins Macro Musings to talk about stablecoins, the history of free banking, and money market funds reform. Specifically, David and Larry also discuss the critiques levied against stablecoins, their impact on the banking system, and why stablecoins could be considered the new version of money market mutual funds.
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Ideas of India: Lessons from Bangladesh for India
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August 5, 2021
Shruti talks with Salil Tripathi about Bangladesh’s economic prosperity, cultural similarities and differences with India, religious and linguistic identity, and about what India can learn from Bangaladesh on its 50th anniversary.
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Antitrust, Christianity, and Market Regulation
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August 3, 2021
Alden Abbott, Senior Research Fellow at Mercatus, spoke with Daniel Crane, the Frederick Paul Furth Sr. Professor of Law at the University of Michigan, and Kenneth Elzinga, the Robert C. Taylor Professor of Economics at the University of Virginia, about the connection between the world of antitrust and Christianity, capitalism as a vehicle for good, protestant moral theology and antitrust policy, their latest co-authored book chapter, and much more.
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