Research Library

Blockchain technology is giving rise to a new global system that offers great promise for entrepreneurs and small businesses — but its potential will be stymied if government regulation hinders rather than embraces the transparency and democratization the technology offers, writes the author in this working paper.

Following the withdrawal of U.S. troops from Afghanistan last summer, the world witnessed one of the largest and most rapid humanitarian evacuation missions in U.S. history. Since then, Afghan evacuees have faced numerous challenges in seeking resettlement in the United States.

Millions of undocumented immigrants have lived in the U.S. for decades and become part of America's fabric. This brief makes the case for prioritizing their legalization — and shows how it can be done.

Gabriel Collins, the Baker Botts Fellow in Energy and Environmental Regulatory Affairs, explains why Section 625 of the CLEAN Future Act — which aims to classify oilfield-produced water as a hazardous waste — would likely induce multi-system disruptions severe enough to prevent the act from achieving its climate, energy, environmental, and social objectives.

The $1.9 trillion American Rescue Plan Act, which became law in mid-March, left out the mandate to increase the federal minimum wage to $15 per hour, but it did lead to an open policy discussion about current minimum wage standards. In a post for the Baker Institute Blog, public finance fellow Joyce Beebe considers some of the pros and cons of increasing the minimum wage and possible future developments.

Sanctions against Venezuela have reduced PDVSA and the Maduro regime's revenues, but they have failed to lead to a path toward democracy or avert Venezuela’s economic and humanitarian collapse. The authors offer policy options for the Biden administration's consideration.

The author draws links between pandemics, the economy, nature and energy, showing that policies reducing the probability of future pandemics are a solid investment.

How can the U.S. government help the recovery of the post-transition Venezuelan oil and gas sector? The authors offer key recommendations.

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.

Immigration is not only a domestic issue for the United States, but a regional one. This brief lays out a policy framework to address the root causes of migration from Mexico and Central America and promote legal, orderly mobility.