The latest Mercatus research, media, commentary, and events delivered week by week.
Foreign Policy
Noneconomic Aspects of a US-Taiwan Free Trade Agreement: Insights with a New Tool
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September 13, 2021
Economic considerations for bilateral or regional trade agreements are relatively straightforward, even given the challenge of measuring nontariff barriers. Noneconomic considerations, however, can be notoriously difficult to measure. In the case of US-Taiwan relations, one common factor defines the two countries’ security alliance: China. In this policy brief, we discuss a new metric we recently developed that uses Chinese propaganda as a gauge of noneconomic factors underlying the interest in closer bilateral trade ties between the United States and Taiwan.
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Pakistan’s Great Game: A Resurgent Taliban Supports the Country’s China and India Policies
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September 15, 2021
Editorial
By Managing Conflicts Gulf Nationals Can Build the Civil Societies They Yearn For
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September 12, 2021
Editorial
China Corces US to Get Serious About Decoupling
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September 14, 2021
Editorial
Economics
Decentralized Finance Could Help Rebuild Lebanon’s Economy
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September 13, 2021
For the people of Lebanon, now living in one of the most severe crises in human history, cynicism has a constant presence. For the entirety of living memory, Lebanon’s formal institutions have been a colossal mess, with a slew of dysfunctional governments collapsing while new ones arise from the ashes. But today Lebanon is experiencing an unprecedented period of instability, with one of the worst economic declines in recorded history, hyperinflation and a collapse of its financial system.
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Christopher M. Russo on Monetary Policy, The Fed, and Inflation
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September 13, 2021
Podcast
Bad Reporting from the Wall Street Journal on the Ex-Im Bank
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September 15, 2021
Editorial
Spending Gluttony Is Washington's Deadly Sin
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September 16, 2021
Editorial
Healthcare
Conservatives and Public Health: A Warm Welcome Into a Cold Climate
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September 17, 2021
In a recent Politico op-ed, “Why Public Health Experts Aren’t Reaching Conservatives on COVID,” University of Chicago professor Harold Pollack insightfully describes how public health’s ideological monoculture impedes the field’s capacity to communicate with conservatives. He proposes a provocative solution for schools of public health: “affirmative action for conservatives, starting now.” Though well-intentioned, his proposal is untenable, because there’s no reason to believe that the bulk of his colleagues would welcome or even tolerate the diversity of thought that Pollack seeks.
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The Explanation for Seemingly Irrational Covid Behavior
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September 14, 2021
Editorial
‘Uncontrolled Spread’ Review: Tested and Found Wanting
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September 14, 2021
Editorial
Urban Issues
Housing Reform in the States: A Menu of Options
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September 16, 2021
As state legislatures reconvene under the shadow of a lingering pandemic, it remains abundantly clear that housing supply is insufficient to meet demand. Although some of the supply issues, such as lumber prices, are beyond states’ reach, states play a vital role in setting the rules and incentives that influence whether localities decide to permit new housing construction. Overly restrictive local zoning is the fundamental cause of America’s housing shortage, and states can place limits on local zoning as well as reform the processes that make land use regulation a source of frustration for so many local officials and citizens.
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A Small Landlord’s Cry: Why Is the Government Violating My Property Rights?
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September 14, 2021
Editorial
The Intoxicating Appeal of Home Liquor Delivery
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Septemer 14, 2021
Editorial
Podcasts
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Joseph Wang on the Fed’s Impact on Money Markets
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September 13, 2021
Joseph Wang is a former senior trader on the open market desk at the Federal Reserve Bank in New York and the author of the book Central Banking 101. Joseph and David discuss recent events from the perspective of the Federal Reserve trading desk, Joseph’s conception of a two-tiered monetary system, continued dollar dominance in global money markets, whether the Fed’s overnight repo facility is truly a temporary facility or trending towards a permanent one, and much more.
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Ideas of India: Female Friendships and Fraternal Capital
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September 16, 2021
Shruti talks with Alice Evans about fraternal capital, women’s limited mobility, female friendships, and representations of women in art. Evans is a Senior Lecturer at King’s College London and a faculty associate at the Center for International Development at Harvard’s Kennedy School. She has published on topics such as women’s labor force participation, urbanization and social change, pro-worker reforms, what drives support for gender equality and more. Her book “The Great Gender Divergence” is forthcoming from Princeton University Press.
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