The Case for Old-Fashioned Tariff Cuts
Had governments stood still on trade policy over the last three years, the world would be a lot better off than it is now.
Research
How a Weaponized Dollar Could Backfire
United States foreign policy under President Donald Trump continues to run counter to America’s traditional post-war objectives.
Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?
If a single armada of drones can make its way across the Saudi airspace undetected and successfully hit targets with surgical precision and maximum damage, then one must conclude the country's vulnera
It’s Time for German Fiscal Expansion
The United States has made some bad fiscal choices, in particular by cutting taxes for the rich at the peak of the business cycle.
More highways should be built by States
Contrary to general perception, State highways are of better quality, cost less and are built faster than national highways
Creative Destruction or Idiot Winds: Schumpeterian Theory Meets the Educational Sector in Developing Countries
The basic theoretical and practical issue facing the RISE initiative is to imagine and test a national level educational policy intervention that can produce steady productivity gains in the education
Size-Dependent Tax Enforcement and Compliance: Global Evidence and Aggregate Implications
This paper studies how tax enforcement and tax compliance varies with firm size and its macroeconomic consequences.
Putting Global Governance in its Place
In a world economy that is highly integrated, most policies produce effects across the border. This is often believed to be an argument for greater global governance, but the logic requires scrutiny.
The Wage Impact of the Marielitos: The Role of Race
The author’s 2017 reappraisal of the impact of the Mariel supply shock revealed that the wage of low-skill workers declined in post-Mariel Miami.
When do Development Projects Enhance Community Well-Being?
Many development agencies and governments now seek to engage directly with local communities, whether as a means to the realization of more familiar goals (infrastructure, healthcare, education) or as
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