Is the U.S. headed for a recession? History tells us a near-term recession is unlikely — but emergent threats like unregulated crypto exchanges and U.S. debt servicing necessitate further measures to mitigate economic risk, writes public finance fellow Jorge Barro.
In this issue brief, public finance fellow Jorge Barro finds that lower state income taxation is associated with higher net taxpayer migration. Further, Barro explains that since the passage of the 2017 tax reform, taxpayers and earnings potential have both migrated to lower-taxing states at a faster rate.
In this brief, public finance fellow Jorge Barro explains some of the long-term economic impacts of the COVID-19 pandemic and argues that policymakers can prepare for the impending macroeconomic shortfalls by maintaining a commitment to improving education, prioritizing immigration and resolving fiscal imbalances.
While recent headlines announce that President Biden's proposed budget will drive the national debt past WWII levels, fellow Jorge Barro explained in November 2020 that a projected surge will be very different from the 1940s.
Public finance fellow Jorge Barro analyzes Federal Reserve survey data released in September 2020 that shows that U.S. wealth inequality has declined for the first time in 30 years.
Since all parties involved will undoubtedly bear the consequences of Trump's highly problematic Peace to Prosperity plan, it is worth examining its framework and how Israelis, Palestinians and Arab states can navigate the negotiation process.
This brief assesses the consequences of the Trump administration’s new policy on Israeli settlements in the West Bank, particularly within the context of past legal arguments and the stances of six previous U.S. presidential administrations.
The authors explain why unilateral annexation of the West Bank by Israel would have pernicious and lasting consequences, leading Israel to an unprecedented crisis of delegitimization, enhanced demonization and isolation.