Technology Is Meaningless without Entrepreneurship
Technocrats frequently pressure the US government to increase R and D as a strategy to upstage China. The assumption is that public R and D will lead to innovation and economic growth because research generates the science that spurs innovation.
Standard Econ Model Bridges the “Unfortunate Events” and “Original Sin” Explanations for Inflation
Jai Kedia Two weeks ago, some of the biggest names in academia and monetary policy gathered at Brookings to discuss what factors had contributed to the recent spike in inflation. To that end, Ben Bernanke and Olivier Blanchard designed a model and
Full Expensing Is a Key Piece of the Republican Economic Package
Adam N. Michel Republicans will soon release an economic package that addresses a number of significant tax changes that have already or are scheduled to increase taxes on American businesses. Reporting indicates that a central component of the pro‐growth package is the
Fast Facts about Mandatory Spending
Romina Boccia and Dominik Lett The federal government will spend $6.3 trillion in 2023, 73 percent is categorized as mandatory and 27 percent as discretionary. Mandatory spending refers to federal programs that are funded outside of annual appropriations, including Social Security,
Committing Domestic Violence against Men . . . Just for a Giggle
Domestic violence is a stain on society, but it is worse if we only care about violence committed against people of one sex. Original Article: "Committing Domestic Violence against Men . . . Just for a Giggle"
New Evidence That Prescribing Psychologists Can Save Lives
Jeffrey A. Singer Removing barriers to prescribing psychologists (RxPs) saves patients the inconvenience and added expense of seeing a psychiatrist or other health care practitioner that states license to prescribe psychiatric medications. Such practitioners include family physicians, nurse practitioners, physician assistants—even general
Not Indentured: Most H‑1Bs Starting Jobs in 2022 Switched U.S. Employers
David J. Bier Critics of the H‑1B visa for skilled foreign workers often claim that the status amounts to “indentured” servitude. Indentured servitude is a contract to work for a single employer for a predetermined period without pay. H‑1B workers are not only paid—they
The Saudi-China-Iran Partnership Creates a New Middle East
Ryan and Zack look at how China, Iran, and Saudi Arabia are reshaping the Middle East into a region where the United States no longer dominates. This is a good thing for ordinary Americans. Additional Resources "Thanks to Sanctions, the US Is
Econometric Models Cannot Fulfill the Role of an Economics Laboratory
Many economists believe that economics must emulate the physical sciences with controlled experiments to be credible. Econometric models, they claim, can fulfill the role of laboratory experiments. Through mathematical and statistical methods, an economist supposedly establishes relationships between various economic variables.
Market Masculinity: The Bourgeois Ideal of Capitalist Manhood
One of the main fronts in the current culture war in the United States is the debate over "masculinity." Certain corners of the Left tell us that "toxic masculinity" is a terrible thing. Yet, it's often unclear whether masculinity is