Policy Reports

NCPA studies generally break new ground on policy issues. A study seeks to cast new light on an issue and to stimulate policy-makers and others to think of new, innovative solutions to the problems associated with the issue. Studies may combine several elements of analysis, including original research, reviews of academic literature, creative approaches for solving public policy problems, and economic modeling.

Ten Myths about the Market for Prescription Drugs

Critics complain that prescription drugs have contributed to a massive increase in health care spending in the United States. Some critics contend that drug prices are too high and propose lowering th…

Crime and Punishment in America: 1999

Serious crime in the United States continued to fall in 1998. Whether measured as a rate (number of crimes per capita) or in absolute terms, every category of violent crime and burglary decreased from…

Turning On The Lights: Deregulating The Market for Electricity

Consumers, industry and business have reaped enormous benefits from increased competition and innovation following the deregulation of major industries in the United States and other countries. Commer…

Comparing Proposals for Social Security Reform

This study uses a simulation model to evaluate a number of proposals to reform the Social Security system. Our analysis is sufficiently broad to allow us to form some general conclusions about the pro…

The Case For The Tax Cut

Congress has passed a 10-year $792 billion tax cut bill that President Clinton has criticized as "gargantuan" and has vowed to veto. Put in perspective, however, the tax cut is small, and is justified…

The Right Stuff: America's Move to Mass Customization

Things used to be made to order and made to fit. But they were labor-intensive and expensive. Mass production came along and made things more affordable, but at a cost - the cost of sameness, the cost…

Global Warming Policy: Some Economic Implications

Economists often use cost-benefit analysis to determine whether government action should be taken and, if so, what action will produce the best results at the least cost. This study compares the world…

Suing Gun Manufacturers: Hazardous to Our Health

The lawsuits against gun manufacturers are not just bad public policy, they are also dubious as matters of law. The courts have recognized that firearms are no different from many other potentially da…




 
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