Brief Analyses

Restricted to two letter-size pages, a Brief Analysis summarizes some aspect or aspects of a public policy issue, presenting points for consideration in policy debates or responding to points that have been raised during these debates.

Don't Let the R & D Tax Credit Slip Away

Prior to the 1970s, there were barriers to foreign investment, such as laws limiting ownership of U.S. corporations. As trade barriers fell in the 1970s and the economies of countries in North America…

Capitalism, Democracy and Environmental Quality

Like many U.S. presidents, George W. Bush thought exporting democracy to developing countries was more important than exporting capitalism. Both capitalism and democracy improve a society's quality of…

Trade Agreements with Colombia, Panama and South Korea: What Are We Waiting For?

American businesses pay billions of dollars in tariffs each year on exports to countries that are willing to eliminate those tariffs. Why? Because Congress has failed to ratify three key trade agreeme…

How to Reduce Disability: Lessons from Chile

Disability costs are rising in many countries, including the United States. Disability is the fastest-rising component of U.S. Social Security, growing at nearly twice the rate of retirement benefit s…

How to Keep Seniors Working: Lessons from Chile

American workers live longer each decade but they continue to retire early. They often begin receiving Social Security benefits, quit working and stop contributing to national output well before age 6…

Do Drug Courts Work?

Drug courts are judicially supervised programs that provide long-term treatment and other services to nonviolent drug law offenders. Cases can be referred to drug courts in lieu of or in addition to t…

The Limit of Tax Revenues

The Greeks have always been trendsetters for the West. Washington has repudiated two centuries of U.S. fiscal prudence as prescribed by the Founding Fathers in favor of the modern Greek model of debt,…

Is a VAT the Answer?

All over the developed world, countries are facing an extremely unpleasant budgetary reality: Per capita health care spending is growing at twice the rate of growth of per capita income.