Clark Packard and Chad Smitson A recent NBER working paper by Chang Ma and Shang-Jin Wei titled “The Chinese Current Account Imbalances: Puzzles, Patterns, and Possible Causes” investigates the causes…
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Editor's PickInvesting
Thompson v. Wilson Brief: Installing a Permanent GPS Monitor on a Boat Is a Fourth Amendment Seizure
Matthew Cavedon In March 2022, the Atlantic States Marine Fisheries Commission directed member states to require that all federally permitted lobstermen affix GPS tracking devices to their vessels. Maine complied…
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Editor's PickInvesting
Body-Worn Cameras, Prosecutors, and Racial Differences in Criminal Justice Outcomes
Jeffrey Miron How do body-worn cameras affect the actions of police and prosecutors? A recent study of data from North Carolina suggests that introduction of these cameras reduced incarceration rates…
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David Inserra Over the past decade, Colorado has been sued over a series of laws that attempted to govern how various speakers may or may not speak under the guise…
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Jai Kedia Kevin Warsh. Americans are unhappy about the cost of living, and Washington knows it. Consumer prices have climbed nearly 25 percent in five years, and despite some moderation, inflation…
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Dominik Lett Republicans are preparing to spend up to $140 billion on immigration enforcement through reconciliation. Leadership claims that offsets are not needed because new appropriations are “never” paid for.…
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Patrick G. Eddington In a long-running Freedom of Information Act (FOIA) case currently before Judge James Boasberg, on April 15, 2026, the Federal Bureau of Investigation (FBI) admitted in a…
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Brent Skorup In 2029, a Democratic president declares a climate emergency. She doesn’t go to Congress. She doesn’t issue new regulations through the EPA. Instead, she invokes the International Emergency…
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Scott Lincicome, Alfredo Carrillo Obregon, and Chad Smitson With Monday’s launch of the Trump administration’s new tariff refund system, the process of returning more than $166 billion in illegally collected…
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David J. Bier The Trump administration has drastically reduced legal immigration from abroad, but it has simultaneously slashed grants of legal permanent residence to people already in the United States.…
