August 11, 2023, Paper: "In 1972, Congress passed the Clean Water Act1 by overwhelming bipartisan majorities. The initial vote in the…
August 2023, Interview: "eemore, as I eagerly read the draft Merger Guidelines, I wonder what they may accomplish. Clearly, the Agencies (…
August 13, 2023, Opinion: "I am old — I turn 60 next year. So I don’t believe in Santa Claus. I don’t believe in the Tooth Fairy. And I am…
August 9, 2023, Paper: "Prohibiting or heavily regulating alcohol, tobacco, and drugs leads to underground markets. We argue that most of…
August 9, 2023, Opinion: "What will artificial intelligence do to industries and jobs? For a preview, look to the finance industry which…
The Covid-19 pandemic triggered the most synchronous economic downturn in more than a century. Ninety percent of countries posted a decline…
August 7, 2023, Opinion: "After 17 months of intense fighting, the costs of rebuilding Ukraine will most likely be far higher than…
September / October 2023, Opinion: "In the coming decades, as the pace of technological change continues to increase, millions of workers…
2023, Paper: "We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two…
It all depends on the answers to these five questions.