Research Library

With the 2023 debt-ceiling negotiations under way, a new issue brief from John Diamond, director of the Center for Public Finance, and Autumn Engebretson looks at the effectiveness of the Budget Control Act 2011, enacted in response to the 2011 debt-ceiling crisis. Did it in fact control the budget? And could similar legislation work now?

As iron ore, copper, and lithium producers, Brazil and Chile have a competitive advantage in the global energy transition. This brief outlines the countries' opportunities to profit from their exports while reducing their domestic consumption of fossil fuels.

With its significant reserves of critical metals and other geographic advantages, Chile is well positioned to help enable the energy transition. The authors discuss the country's leveraging of its copper and lithium resources and its growing trade with China.

As a potential producer and exporter of green hydrogen — a fuel that can be burned without producing greenhouse gas emissions — Chile is at the forefront of the global energy transition. However, becoming a major exporter of green hydrogen is not without its challenges, writes the author.

This policy brief analyzes the impact of the increasing number of parents who opt their children out of school-entry vaccinations for nonmedical reasons in Texas and argues that the state should make obtaining nonmedical exemptions more rigorous in order to reduce the public health risks and costs associated with vaccine-preventable diseases.

While the recent fiscal troubles in Greece have received much attention, the U.S. fiscal position is hardly comparable to that of Greece. However, the United States is experiencing, and will continue to experience, one of the fundamental economic costs of relatively large and persistent deficits.

The violent struggle between rival Mexican drug cartels and other criminal groups has left tens of thousands dead and towns across Mexico paralyzed with fear. With overwhelmed police forces relatively powerless to control drug-related murders and kidnappings, a growing number of vigilante organizations, or self-defense groups, aim to restore order — but now even they are fighting, and killing, among themselves.