When President-elect Joe Biden assumes office in January, he will be compelled to deal with the most important and ferociously complicated geopolitical question the United States faces today: how to manage its relations with China. Fellow Joe Barnes explains how the U.S.-China situation differs from the Cold War dynamic, and how the U.S. will best be served in the years ahead. Read more at the Baker Institute Blog.
Many economists are concerned that automation will result in a loss of jobs. This work shows that is not the issue, and that the two main effects of automation are increased inequality and economic growth.
In testimony before the Texas House of Representatives Criminal Jurisprudence Committee, Neill Harris expressed support for limiting arrests for fine-only offenses and expanding cite-and-release eligibility to include nonviolent misdemeanors and low-level drug possession. These changes will save taxpayers money and reduce the racially disparate burdens of incarceration without compromising public safety, she said.
Katharine Neill Harris, Alfred C. GlassellNovember 5, 2020
In late July, Texas Comptroller Glenn Hegar delivered a bleak economic outlook for the state’s economy: the amount of general revenue funds available for the current biennium is expected to be $11.5 billion less than originally estimated. Should the state tap into its rainy day fund to offset the impact of the coronavirus pandemic and facilitate a stable recovery?
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.
Public finance fellow Joyce Beebe reviews the changing definition of employment, specifically looking at the current policy measures for providing benefits and protections to workers in the sharing economy. She also discusses concerns regarding workplace automation.
Immigration policy will look very different in a Trump or Joe Biden presidency. This brief summarizes changes that have occurred under the Trump administration so far and examines the repercussions of the November election on four aspects of immigration policy.
Public finance fellow Joyce Beebe discusses the tax policy considerations of an increasingly mobile workforce, including state tax and regulatory issues, reimbursement for home office expenses and workplace benefits.
Public finance fellow Jorge Barro examines the Federal Reserve’s aggressive financial market response to the Covid-19 pandemic and asserts that without its use of unconventional policy tools, adverse outcomes could have spread to other areas of the economy, disproportionately impacting low-income households.
University Professor Moshe Vardi condemns the actions taken by the U.S. government to restrict the immigration of technical workers into the country but also questions why the U.S. has become so dependent on international students as the major workforce for its academic science and engineering research enterprise. Baker Institute Blog: https://bit.ly/3llmHg2
