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December 5, 2024
Inflation Reduction Act Offers a General Lesson against Industrial Policy
…Why should we expect the government to do a good job of picking winners and losers or to allocate scarce resources better than the market? If the government intervenes in…
December 3, 2024
How States Can Shake Up the Stagnant Higher Education Market
Artificial barriers to entry have been a feature of markets for millennia, from medieval guilds to modern occupational licenses. Though often defended on the basis of consumer protection, barriers which…
December 2, 2024
Reforming State Authorization of Colleges to Boost Competition and Lower Tuition
…the market to compete down prices—and arguably suppresses innovation that typically comes from new market entrants. For aspiring colleges and universities in the United States, the first point of entry…
November 22, 2024
A Side Effect of the Booming Job Market: Wage Inequality Is Way Down
…lower-wage workers experienced the most favorable labor market conditions in living memory. Plentiful job opportunities led to a sharp increase in worker risk tolerance for job changes. More frequent job…
November 21, 2024
Artificial Intelligence and the Future of Work
…specific tasks, and to reshape demand for certain types of expertise in the labor market. Artificial Intelligence and the Future of Work evaluates recent advances in AI technology and their…
November 20, 2024
End Federal Loans for Graduate School
…benefits of abolishing federal lending to graduate students. In addition to imposing significant costs on taxpayers, federal student loans distort the market for graduate education. Studies have found that graduate…
November 20, 2024
Eliminate Federal Lending to Graduate and Professional Students; Revenue to Fund Block Grants to States
…the problems facing graduate student lending in the United States. The solution outlined here offers a particular interpretation of that framework using a market-oriented approach. Read the full pdf here….
November 19, 2024
Low-Rise Multifamily and Housing Supply: A Case Study of Seattle
…market-rate housing that promotes affordability. The key is to allow market forces to use by-right zoning to drive small-scale development, when also supported by clear and simplified regulatory frameworks. We…
November 19, 2024
We Aren’t Testing Students on the Computer Skills They Actually Need
The results of the 2023 International Computer and Information Literacy Study (ICILS) were just released. ICILS is given to a sample of eighth-grade students and is supposed to measure their ability…
November 17, 2024
Affordable Housing—and No Tax Hike
…to avoid following in California’s housing unaffordability footsteps. LUV offers a better path by unleashing market forces to create abundant housing for a broad range of income levels. Rather than…