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Research Archive

January 31, 2024

How Should State and Local Governments Respond to Illegal Retail Cannabis?

Introduction Legal cannabis has become a fact of life in much of the United States. The District of Columbia and 24 states now permit the sale of recreational marijuana; they, and 14 additional states, also permit marijuana sale for supposedly medical purposes. Of course, the Food and Drug Administration has not actually approved marijuana for…

January 29, 2024

The Value of a Bachelor’s Degree

Key Points As public confidence in higher education has declined, Americans have become less sanguine about the bachelor’s degree and skeptical of its potential return on investment. Nonetheless, four-year degrees continue to be associated with significant economic and noneconomic benefits for individuals and communities. For those who want to attend college, have adequate financing options, and can finish their degrees, the benefits of…

January 29, 2024

Let’s Not Turn the Child Tax Credit Into Welfare

A renewed effort to expand the child tax credit (CTC) is currently making its way through Congress. The proposed policy would increase benefits for low-income families—especially those with multiple children—automatically grow the credit with inflation, and most contentiously, eliminate the work requirement for families who had earnings in the prior year. In debating these changes and even…

January 26, 2024

Please Congress: Make Fiscal Sanity a Priority

Sometimes I don’t understand Republicans in the House of Representatives. When they are threatening government shutdowns, they make a great show of saying their highest priority is getting a handle on out-of-control federal spending, reducing the deficit, and bringing down our national debt. And yet, when an obvious opportunity falls in their lap to reduce…

January 24, 2024

Expanding Housing Supply with Light-Touch Density: City of Seattle Case Study

Executive Summary The formula for housing abundance is straightforward: Micro-managing this process won’t work. Planners need to get out of the way and let the market build more housing. 

January 24, 2024

It’s National School Choice Week. Democrats: What Do You Think?

This week is National School Choice Week, which makes it a good time to ponder the state of the school choice coalition. During the Clinton–Bush school reform era, broad swaths of the public—both Republicans and Democrats—supported charter schools and different forms of public school choice. However, private school choice has long been a primarily Republican…

January 23, 2024

A Follow-Up on My Recent Testimony to the Joint Economic Committee on Policy Approaches to Increasing the Supply of Affordable Housing

In my recent testimony on affordable housing supply, I highlighted the superiority of markets over government solutions and pointed to the ineffectiveness of the Low-Income Housing Tax Credit (LIHTC), which offers generous tax credits for builders that rent units to tenants earning below 60% of area median income. During the hearing’s Q&A, I did not…

January 22, 2024

SNAP to it, Congress — we need to address the obesity crisis now

The United States has witnessed historic and escalating rates of obesity among adults in recent decades. As of 2020, official government statistics indicate that obesity inflicts 42 percent of Americans, including one in five children.   Obesity disproportionately affects low-income populations, who often rely on federal programs for assistance. Congress can combat the obesity epidemic by reforming federal programs,…