Research
Letter to Congressional Leaders
Dear Mr. Speaker, Madam Leader, Mr. Majority Leader, and Mr. Minority Leader: The undersigned represent every former Director of the Congressional Budget Office (CBO).
What Is the Potential Growth Rate of the U.S. Economy, and How Might Policy Affect It?
The answer to the question “What will future potential growth be?” is as important as it is unknowable. This paper attempts to predict future U.S.
The Economics of Indication-Based Drug Pricing
The article presents the authors' views on the economics of pricing pharmaceutical treatments and medical devices based on indication of their utilization.
An Economic Anatomy of Optimal Climate Policy
This paper introduces geoengineering into an optimal control model of climate change economics.
The Solvable Challenge of Air Pollution in India
The costs of air and water pollution in India are extraordinarily high. Consequently, the deterioration of environmental quality is likely to significantly hinder economic growth.
The ‘Wonder Woman’ Guide to Avoiding War with China: It Might Take a Woman
Straight Talk on Trade: Ideas for a Sane World Economy
Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(k) Introductions
Can governments increase private savings by taxing savings up front instead of in retirement?
On the Misplaced Politics of Behavioural Policy Interventions
Government agencies around the world have begun to embrace the use of behavioural policy interventions (such as the strategic use of default options), which has inspired vigorous public discussion abo
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