Vaccines and other biomedical advances will not be sufficient to halt COVID-19, unless we simultaneously counter anti-science aggression, writes Peter Hotez, fellow in disease and poverty, in a new article for PLOS Biology.
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.
The author draws links between pandemics, the economy, nature and energy, showing that policies reducing the probability of future pandemics are a solid investment.
Effective drug policy requires acceptance that, for better or worse, licit and illicit drug use is part of our world. The authors recommend several steps the federal government can take to facilitate more pragmatic and effective drug policy at all levels of government.
Katharine Neill Harris, William MartinFebruary 5, 2021
As the Budget Control Act nears expiry, it is important to reflect on its effectiveness — does the BCA provide a framework for curtailing unsustainable deficits and moving to a sustainable fiscal policy? Read the authors' analysis at the Baker Institute Blog.
John W. Diamond, Autumn EngebretsonFebruary 4, 2021
If the global economy is to recover after the pandemic, the United States must reestablish mutually beneficial economic relations with China. But the new administration should be careful to resist unrestrained Chinese "soft power" influence on our education, research and creative industries.
Two federal income tax incentives for business investment are scheduled to end after 2021 and 2022, just as the small business sector will be recovering from the economic downturn of the COVID-19 pandemic. In this policy brief, Jennifer Rabb and Lisa Lin of the McNair Center propose that Congress, under the leadership of the new Biden administration, should extend these tax incentives to bolster the recovery of small businesses.
U.S. oil refiners have had a great run this century. But market events in 2020 signal changes to come that will challenge the industry’s global competitiveness, writes fellow in energy and global oil Mark Finley.
Lebena Varghese, a research manager at the McNair Center, highlights the data trends gathered from a survey administered to small businesses owners in the Houston, Texas area. The goal of the survey was to determine the impact of COVID-19 on business operations and functioning and to gather small businesses’ perspectives on all aspects of the Paycheck Protection Program (PPP).
