The latest Mercatus research, media, commentary, and events delivered week by week.
Economics
A Better Way to Gauge Economic Performance
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October 1, 2021
The key objective for macroeconomic policy in advanced economies is to avoid or mitigate boom-and-bust cycles while maintaining price stability. Many policymakers approach this task by looking to the output gap, meaning the difference between where the economy is and where it could be at its full potential. Getting this right has never been easy, but there are ways to make it easier.
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The Fed Talks Tapering This Year, Signaling Potential Rate Hikes Next Year
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September 24, 2021
Research
What Plato Can Teach Economists
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October 1, 2021
Editorial
What the Fed Will Do If Congress Doesn’t Fix the Debt Ceiling
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September 30, 2021
Editorial
Is Biden’s Economic Plan Actually a Good Idea?
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September 29, 2021
Editorial
Biden's Inflation Scapegoat Is 'Profiteering'
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September 29, 2021
Editorial
Biden's Inflation Scapegoat Is 'Profiteering'
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September 29, 2021
Editorial
Poverty Isn't Just About Money: Expanding the Child Tax Credit
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September 27, 2021
Editorial
The Cost of the Biden Plan: A New Estimate
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September 24, 2021
Editorial
Who's Really at Fault if the Government Defaults?
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September 23, 2021
Editorial
Newt’s World: The Economy - Inflation
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September 23, 2021
Podcast
Healthcare
A Pictorial Guide to Congress’ Irresponsible Health and Budget Proposals
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September 30, 2021
Congressional leaders and the Biden administration are currently embroiled in intensive negotiations over major spending legislation they hope to enact this fall. Central to these efforts is the so-called Build Back Better plan, advertised as a whopping $3.5 trillion spending package but likely costing even more: The Committee for a Responsible Federal Budget estimates the true total to be over $5 trillion.
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Covid-19 has Revealed the Hazards of Blocking Physician-Owned Hospitals
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September 30, 2021
Editorial
Nurses Can Help Reduce Opioid Deaths — If Policymakers Let Them
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September 25, 2021
Editorial
Trade & Foreign Policy
Section 301 Tariff Exclusions and Extensions
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September 22, 2021
It’s now been more than four years since the Trump administration launched an investigation under Section 301 of the Trade Act of 1974 into China’s policies on intellectual property, technology, and innovation. The investigation and its findings led to the imposition of tariffs on U.S. imports from China covering some 10,000 product categories worth $500 billion.
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It’s Time for America to Tie the Knot With Taiwan on Trade
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September 26, 2021
Editorial
Gulf Managers Undermine Innovation by Stealing Ideas From Employees
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September 26, 2021
Editorial
Evergrande Indicative of Larger, ‘Long-Term’ Problem for China: Expert
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September 27, 2021
Video
Regulation
Setting a Sensible Reduction Target for Ohio's Administrative Rules
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September 28, 2021
It is now well known that the process of regulatory accumulation—the buildup of administrative rules over time—can stunt economic growth and lower living standards below what would be otherwise. A coauthor and I recently conducted a review of peer-reviewed studies that rely on measures of regulation constructed by the World Bank and Organisation for Economic Co-operation and Development, and we found an apparent consensus that regulations that affect entry of new firms into an industry and regulations with anticompetitive product and labor market effects are generally harmful to productivity and growth.
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FTC Rulemaking on Noncompete Agreements
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September 28, 2021
Research
Cronyism's Critics Continue to Miss the Point
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September 30, 2021
Editorial
How Eviction Moratoria Could Increase Homelessness
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September 30, 2021
Editorial
Biden’s Regulatory Agenda Rests On Shaky Economics, But There’s A Way To Fix It
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September 27, 2021
Editorial
Three Tiers of Frustration with Adam Thierer
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September 29, 2021
Podcast
Social Issues
Is America Really a Meritocracy?
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September 30, 2021
There’s a story that’s often told about America. It makes some people cry, some people laugh and some people barf. It usually involves an immigrant, and it always involves a dream. The dream is the American dream: the idea that if any American works hard enough, he can go as far as his talents will take him.
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The Trumpification of Joe Biden
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September 28, 2021
Editorial
Seeking the ‘Public Good’ Will Lead Only To More Division
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September 27, 2021
Editorial
The Rebirth of Analog-Era Media
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September 28, 2021
Editorial
Podcasts
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Hanno Lustig on Dollar Dominance, Dollar Safety, and the Global Financial Cycle
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September 27, 2021
Hanno Lustig is a professor of finance at Stanford University, and a senior fellow at the Stanford Institute for Economic Policy Research. Hanno joins David on Macro Musings to discuss his work on dollar safety, safe assets, convenience yields, and more. More specifically, Hanno and David discuss the dollar dominance in global financial markets, how the US’s status as the world’s safe asset provider reinforces its exorbitant privilege in money markets, whether the countercyclical demand for safe assets can help explain why US inflation has been so low this past decade, how years of low interest rate policy might have contributed to the growing wealth gap, and much more.
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Ideas of India: The Theory of Moral Sentiments
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September 22, 2021
Shruti speaks with Dr. Pratap Bhanu Mehta about Adam Smith’s “The Theory of Moral Sentiments,” spectatorship and imagination, self-interest, federalism, the Scottish Enlightenment as applied to Indian politics and much more.
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