"For almost a decade, economists Kevin M. Simmons and Daniel Sutter have been studying the economic impacts and social consequences of the approximately 1,200 tornadoes that touch down across the United States annually. During this time, Simmons and Sutter have been compiling information from...

For more than 70 years, a strand of Keynesian thought has maintained that the cure for economic depressions is merely a matter of simple arithmetic. According to these Keynesians, the government need only increase spending by an amount equal to the ratio of the output gap to the fiscal...

Research on the presence of consumer racial discrimination in the baseball labor and memorabilia markets have produced contradictory empirical results. While studies of baseball salaries find evidence of discrimination, Nardinelli and Simon (1990) and Andersen and LaCroix (1991) use data from...

Die Umsetzung von Mobility Pricing führt zu Neuausgestaltung von Verkehrsabgaben und -steuern. Dies hat Rückwirkungen auf die Verkehrseinnahmen und damit auf die Rahmenbedingungen für die Verkehrsfinanzierung. Mit Blick auf die künftigen Herausforderungen werden die Vor- und Nachteile von...

Joplin, Missouri, and Tuscaloosa, Alabama, were both devastated by deadly tornadoes in 2011, but have pursued different approaches to recovery. Tuscaloosa followed the new normal path of developing a detailed recovery plan, while Joplin eschewed planning and allowed businesses and homeowners to...

An EF-5 Tornado struck Joplin, MO on May 22, 2011, leaving a twenty mile long path of destruction in its wake. An estimated 7,500 homes and over 500 businesses were damaged or destroyed, with damage estimated at up to $3 billion. Joplin has seen a rapid recovery despite the extensive damage. The...

The failure of economic central planning in the Soviet Union is interpreted as evidence of the impossibility of efficient central planning. But the deficiencies of the Soviet economy might have resulted from other factors, such as Soviet history, culture, leadership, and/or unique circumstances,...

Medicaid was established in 1965 as a joint state and federal program to provide medical insurance to Americans who are poor and have disabilities, and it has grown from 1percent to 3 percent of GDP. The source of Medicaid s growth over the past 50 years must inform efforts to reform the program...