Bad policies could sap the risk-taking that brings forth the most important innovations. For instance, the Lower Drug Costs Now Act would expose the 250 costliest drugs to government price controls. The high-cost drugs lawmakers target are often the most innovative and potentially transformative new medications, explains Scott Gottlieb.
What Elizabeth Warren doesn't have are the funds to make her plans plausible, the popularity needed to promote them, or the political acumen to see that maybe plans aren't enough to carry her into the White House, writes Michael Brendan Dougherty.
Richard Burkhauser, Kevin Corinth, James Elwell, and Jeff Larrimore evaluate the antipoverty efforts of the Lyndon Johnson administration relative to the arbitrary 20 percent baseline poverty rate he established in 1963. To do so, this paper develops a full-income poverty measure, relying on cash income, taxes, and major in-kind transfers.
The past week saw the introduction of a bipartisan paid parental leave bill and a bipartisan agreement that will provide 12 weeks of paid parental leave to federal employees. It is laudable to see an honest effort at bipartisan compromise in these increasingly polarized times, write Aparna Mathur and Erin Melly.
Based at AEI’s headquarters in Washington, DC, the Summer Honors Program is a fully funded competitive educational and professional development opportunity for undergraduates interested in politics and policy. It brings students from schools across the country — and representing a wide array of personal and ideological backgrounds — to participate in a true competition of ideas. Learn more about the program and apply.
In the second American Perspectives Survey, Daniel A. Cox, Jacqueline Clemence, and Eleanor O'Neil examine religion in the context of family life, from childhood experiences to marriage and parenthood.
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