Many economists have been 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.
The authors present a case study that considers the technological merits of methane pyrolysis while also addressing real-world implications including health and safety risks and commercial risks for introducing new carbon supply chains.
This issue brief is a preliminary paper introducing forthcoming research that will be expounded upon in future publications.
DOI: https://doi.org/10.25613/7tvg-6k39
To avoid the resource curse, nonresident fellow Todd Moss proposes a direct cash dividend to drive macroeconomic benefit, alleviate poverty and create incentives that drive demand for transparency and sound management.
This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
Given the growing problems associated with plastics, what policy approaches are best equipped to manage global plastic pollution? Policies invoking a modified version of the precautionary principle might be a useful approach, writes energy fellow Rachel A. Meidl.
This brief estimates the costs of regulatory bank compliance under the Dodd-Frank Act, passed after the 2008 financial crisis to reduce risk-taking by banks.
Energy fellow Rachel A. Meidl examines federal and international efforts to assess the safe transport of crude oil by rail and to specifically consider the roles of vapor pressure and volatility in accident scenarios.
Despite the period of very low interest rates since the 2008 financial crisis, bank lending has failed to recover. In this issue brief, public finance fellow Thomas L. Hogan explores the potential causes of this post-crisis decline in bank lending.
