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To determine the appropriate level of infrastructure spending, there is no alternative to aggregating the results of project-by-project…
June 25, 2020, Opinion, "While many of us may hope the worst of the coronavirus pandemic is behind us — in spite of the recent surge in new…
The Covid-19 public health crisis has sharply reduced the earnings of millions of U.S. households, following the severe curtailment of…
Policymakers and budgetary analysts have long argued that roads are heavily subsidized. The diffusion of spending among federal, state, and…
In expanding its program that lets residents vote on public spending, New York City is enlivening democracy and engaging the electorate.
For many Americans, cities have become a beacon of hope. They are widely recognized as engines of the U.S. economy and laboratories of…
In this essay, we review the basic economics of housing supply and the functioning of US housing markets to better understand the…