In 2022, the nation faced fundamental questions about how we govern our economy and society — particularly how we formulate public policy. Here, we share 10 highlights of our work that illustrate our impact from the previous year.
A number of states are moving toward accepting bitcoin and other cryptocurrencies for tax payments, writes public finance fellow Joyce Beebe. She explores the challenges this may bring and why a sizable number of states are racing to be viewed as crypto-friendly.
Cryptocurrencies may remain volatile investments, but the blockchain technology that underlies them is here to stay — and it’s transforming the health tech and agricultural tech sectors. Research analyst Alexandra Bello outlines the benefits.
China’s dominance over the supply of rare earths — which are critical for energy transition and defense technologies — should spur U.S. policymakers to bolster raw materials supply chains, write energy fellow Michelle Michot Foss and co-author Jacob Koelsch.
Michelle Michot Foss, Jacob KoelschDecember 19, 2022
After Winter Storm Uri left millions of Texans without power in February 2021, what steps have been taken to improve the reliability of the Texas grid? This workshop summary from the Baker Institute Center for Energy Studies explores long-term market design reforms that could make a difference.
Kenneth B. Medlock III, Shih Yu (Elsie) HungDecember 12, 2022
As climate change continues to alter the outlook for water abundance in the Rio Grande River Basin, what mechanisms currently exist and what additional mechanisms are needed if Mexico is to comply with the requirements of the 1944 Water Treaty? Nonresident scholar Stephen Mumme and co-author Oscar Ibáñez explain.
This brief reviews the factors that distinguish a “hobby” from a “business” in the eyes of the IRS as well as associated requirements, common misapplications of regulations and the factors that go into a determination between the two.