Studies

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.

Integrated Disability and Retirement Systems in Chile

People are living longer and healthier lives, yet disability benefits are the fastest growing portion of social security expenditures in the United States and many other countries.  What can be done t…

Bad for Species, Bad for People: What’s Wrong with the Endangered Species Act and How to Fix It

The Endangered Species Act (ESA), passed in 1973, was designed to recover species to a level at which they are no longer considered endangered and therefore do not require the Act's protection.  Unfor…

How Much Do Americans Depend on Social Security?

Social Security benefits over the next 75 years will exceed payroll tax revenues by $4.6 trillion. To close this enormous fiscal gap, one proposal is to cut the benefits of high-income workers. Many l…

Medicare: Past, Present and Future

Although Social Security reform has received considerable attention in recent years, Medicare is the far-bigger problem.  Medicare is growing at a faster rate and has an unfunded liability six times t…

Taxing the Poor

The income tax is highly progressive.  It takes a higher portion of the income of the rich than the poor.  But federal, state and local governments raise revenues in a number of ways that are regressi…

Does It Pay to Save?

Does it pay to save?  The answer is often no.  In fact, penalties for saving are astronomical for some households, particularly young, single-parent and lower-income families.  But these are the very…

The Market for Medical Care: Why You Don’t Know the Price; Why You Don’t Know about Quality; And What Can Be Done about It.

In most markets, prices and quality indicators are transparent - clear and readily available to consumers.   Health care is different:  Prices are difficult to obtain and often meaningless when they a…

The Rising Burden of Health Spending on Seniors

The United States spends about 17 percent of its national income on health care, the highest in the world.  Some have wondered how high spending can go and what difference it will make.  In thinking a…