Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
This article describes some of the challenges of effective governance for sustainability at the subnational level of government.
Explains the landmark Great American Outdoors Act and why the bipartisan politics aligned to make it possible.
Credit reports are used in nearly all consumer lending decisions and, increasingly, in hiring decisions in the labor market, but the impact…
In expanding its program that lets residents vote on public spending, New York City is enlivening democracy and engaging the electorate.
Tax competition (by states) and tax evasion (by individuals or companies) unfold at a dramatic scale. An obvious adverse effect is that…
For many Americans, cities have become a beacon of hope. They are widely recognized as engines of the U.S. economy and laboratories of…
This paper presents rough order-of-
magnitude estimates for the capital cost of the North South Rail Link (the “Link”), a proposed…
Some of the best-known papers of Carlos F. Díaz Alejandro were about Latin America’s crises in the 1980s and 1930s. I will show data,…
Economics of the Public Sector, Fourth Edition, focuses on the heavily changed, post-global recession world. This new, modern approach…