Research Library

The Biden administration claims the oil market is undersupplied. OPEC, market watchers, and even Biden’s own Energy Information Administration disagree. What do the numbers say?

The $1.9 trillion American Rescue Plan Act, which became law in mid-March, left out the mandate to increase the federal minimum wage to $15 per hour, but it did lead to an open policy discussion about current minimum wage standards. In a post for the Baker Institute Blog, public finance fellow Joyce Beebe considers some of the pros and cons of increasing the minimum wage and possible future developments.

With the rise of online trading and over 10 million new retail brokerage accounts added in 2020, are new traders ready for the associated capital gains tax rules? Public finance fellow Joyce Beebe explains some key tax considerations on the Baker Institute Blog: bit.ly/3vDeXfD

Energy fellow Mark Finley assesses the future of international oil companies given the tremendous pressure they've experienced since the COVID-19 pandemic emerged. Using a football analogy, he suggests that although business leaders are rightly focused on winning the game, they can’t ignore the condition of the playing field.

The staggering collapse in Venezuela's oil and gas industry has renewed calls for liberalizing reforms. But a democratic transition and legal reforms may not be enough to attract the large investments needed.

Fellow Joyce Beebe evaluates a provision of the newly passed SECURE Act, which offers an option for penalty-free withdrawal from IRAs and 401(k)s for new parents. She also discusses Congress’s recent decision to grant 2.1 million federal workers up to 12 weeks paid parental leave. Baker Institute Blog: http://bit.ly/2RZIIUJ

If the country is to be economically successful and democratically viable, it would require learning from past mistakes and developing its significant potential in other economic sectors, writes energy policy fellow Francisco J. Monaldi. Forbes blog: http://bit.ly/2R80KU3.

Venezuela's fragile democracy is crumbling under President Nicolás Maduro. Latin America Initiative program director Erika de la Garza analyzes the country's political and economic crises in the Baker Institute Blog: http://bit.ly/2ekRNFH

Brazilian leaders' investment into transforming Rio de Janeiro for the 2016 Olympic Games, even as the country is quickly spiraling into a deep recession and its housing market has declined, illustrates the government's troubling development priorities.

Iran — as it has since the Islamic Revolution of 1979 — represents a challenge to U.S. foreign policy. But it is one best addressed through a combination of firm action where necessary and flexible diplomacy where possible.