Government
Governments Were Forced to Restrict Civil Liberties to Deal With Covid-19. More Flexible Constitutions Could Prevent That From Becoming the New Normal
A new paper argues that exploitation of gaps within democratic constitutions during emergencies, such as the Covid-19 pandemic, has the potential to erode democracies...
What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives
State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a specific group...
The Costs of Political Misalignment: Forest Fires and Bank Loans in Turkey
Recent wildfires in Turkey have not only destroyed more than 95,000 hectares of its coastal forestland but also divided the country further into its...
Government Regulation is the Pro-Market Solution
The Covid-19 pandemic has utterly discredited the false dichotomy of government vs. markets. Extensive government regulation is a prerequisite for the proper functioning of...
Back to Work? The Political Preparation for “Phase 2” of the Pandemic Is a Matter of Trust
According to a special wave of the Booth/Kellogg Financial Trust Index, Americans have bought into social distancing rules. However, most of the respondents are...
Is Regulation Jeopardizing Policy Response to Coronavirus Crisis? Sendhil Mullainathan and Richard Thaler Collect Red-tape Stories
Two of the most well-known University of Chicago economists launched a website to collect examples of regulations that are limiting the United States' reaction to...
Keeping Business Alive During the Coronavirus Crisis: Government as Buyer of Last Resort
The government has to compensate businesses and workers for their losses so that each business can re-emerge almost intact after the hibernation due to...
Captured Western Governments Are Failing the Coronavirus Test
In deciding on possible countermeasures, residents of Western democracies often hear only two opposite perspectives: Is the priority to minimize the loss of human...
Why the US Government Buys Overpriced Services From McKinsey
The Industrial Funding Fee pays $3 million a year for a 23-year old McKinsey employee instead of hiring an experienced person directly to do...
Governments Bear Much of the Responsibility for Rising Inequality—But Also Have the Tools to Reduce It
A new study tracks the influence of public policy on inequality and argues that the main rise in inequality has been a result of...
