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.

The Federal Reserve’s Third Quantitative Easing: QE3 Sets Sail

Beginning in late 2007, the Federal Reserve eased monetary policy aggressively to deal with the emerging financial crisis and the recession that grew out of it. By the end of 2008, the federal funds r…

The JOBS Act: Reducing the Regulatory Burden on Small Businesses

The unemployment numbers show that employers are still struggling to create jobs. Two distinctly different approaches to job creation have been proposed at the federal level. One piece of legislation,…

The Dodd-Frank Act versus the Rule of Law

In response to the 2008 financial collapse, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Dodd-Frank increased regulation of banks, stockbrokers, insurers and other fi…

Privatization and Competition in New York City Transit

Our nation has gone to great lengths to protect people from private monopolies through the Sherman and Clayton Antitrust Acts, the Justice Department’s antitrust unit, and public service commissions t…

Solving the Problem of Traffic Congestion

Traffic congestion is a growing problem in many metropolitan areas. Congestion increases travel time, air pollution, carbon dioxide (CO2) emissions and fuel use because cars cannot run efficiently. Th…

The Crisis of the Uninsured Is Far from Over

The number of people who lack health coverage fell to 48.6 million in 2011 — down slightly from 49.9 million the year before, according to the U.S. Census Bureau. A bright spot in the new report is th…

Medicare’s New Price Control Board

Medicare spending has been growing faster than the economy for four decades. In 2010, Medicare required nearly $280 billion in general revenue transfers to meet its obligations. By 2020 the cash-flow…

Do the Rich Pay Their Fair Share in Taxes?

The central theme of President Obama's tax policy has been that 'the rich' do not pay their fair share of federal taxes, and the middle class pays more as a result. But a report issued by the Congres…