This paper puts forth (and documents) an argument that the escalating US military spending at the expense of non-military public spending is steadily undermining the critical national objective of public-capital formation (both physical and human) and that, if not stopped, the resulting trend...

This paper examines the possible storm surge damage from a major hurricane to hit the Houston Metropolitan Statistical Area (MSA.) Using storm surge analysis on a unique data set compiled from the Texas Workforce Commission (QCEW), the paper estimates the expected industry-level damage for each...