Research Library

With the 2023 debt-ceiling negotiations under way, a new issue brief from John Diamond, director of the Center for Public Finance, and Autumn Engebretson looks at the effectiveness of the Budget Control Act 2011, enacted in response to the 2011 debt-ceiling crisis. Did it in fact control the budget? And could similar legislation work now?

It’s been two years since Winter Storm Uri swept across Texas, and the question of whether and how to end the isolation of the state’s grid remains. Nonresident scholar Julie Cohn offers a brief history of the standalone Texas grid to explore how the lessons of the past can inform the state’s electric power future.

In the next year, the EPA could make a final decision on whether to classify PVC as hazardous waste. What would this entail? Fellow Rachel Meidl explores why a hazardous designation for PVC would have costly implications — moving the U.S. further from its goal of achieving a sustainable, circular economy.

Is the U.S. headed for a recession? History tells us a near-term recession is unlikely — but emergent threats like unregulated crypto exchanges and U.S. debt servicing necessitate further measures to mitigate economic risk, writes public finance fellow Jorge Barro.

Although President Joe Biden restored a more traditional approach to U.S. foreign policy in his first two years, he has been no Obama 2.0.

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.

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.

This issue brief highlights the potential collaboration between Arab countries and China in dealing with the global energy transition, and examines the energy transition from the perspectives of the world's largest economy (China) and richest hydrocarbon region (the Middle East).

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.