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.
Why does Texas have its own power grid, and how can its history inform the future of electric power in the state? Nonresident scholar Julie Cohn looks beyond the mythology surrounding the standalone Texas grid and finds that reliability and economics — not politics — were the major factors leading to isolation.
Research scholar José Iván Rodríguez-Sánchez examines the economic impact of remittances — the money sent home by migrants working abroad — and finds varying results at the state and municipal levels in Mexico. He also warns against relying too heavily on remittances to drive economic growth.
What’s the cheapest, quickest way to reduce climate change without roiling the economy? In the United States, it may be by reducing methane emissions from the oil and gas industry.
An increasing number of states have begun to contemplate state-administered individual retirement account programs. How do these differ from employer-sponsored plans? And would they be able to provide workers with meaningful retirement savings? Public finance fellow Joyce Beebe explains.
Mexican President Andrés Manuel López Obrador’s 2018 educational counter-reform could be hurting Mexico’s future productivity and economic growth, writes expert Jesús Antonio López Cabrera in a new policy brief.
Texas has long been an economic leader, but the state lags critically in a major area: health. A new report by M.D. candidate Kushal T. Kadakia and nonresident scholar Anaeze C. Offodile II offers a road map for improving Texas’ health rankings by 10 spots in 10 years.
Kushal T. Kadakia, Anaeze C. Offodile IIOctober 17, 2022
Political, market and geopolitical headwinds have slowed down Biden’s ambitious climate plans, write energy experts Anna Mikulska and Michael Maher. In this brief, they explore why progress on decarbonization is likely to be more gradual than initially envisioned.
