Congress has expressed interest, one way or the other, in a balanced-budget requirement for the past six decades. Yet despite numerous attempts, the legislative body has never passed a constitutional balanced-budget amendment. Most of the analysis of why we don't yet have a constitutional...

The U.S. economy was damaged by the COVID-19 crisis in 2020. Output plunged and unemployment spiked. Mandated shutdowns, social distancing, and altered consumption patterns resulted in many businesses closing permanently and laying off workers.To replace lost jobs and incomes, the economy needs...

Since the birth of world wide web and social media, more and more citizens around the world are joining the political discussions over the internet. Political scientists have found that many political discussions on the internet are not very productive, and political opinions in many countries...

A recent Gallup poll found only 13% of Americans trust the media “a great deal,” while 28% indicated that they trust the media “a fair amount.”However, evidence suggests a more favorable situation for local journalism.Poynter’s 2018 Media Trust Survey and a recent Knight...

From a government perspective, shared-use or open-access infrastructure arrangements can provide significant prospects for sustainable development. The shared use of infrastructure built by mining companies can spur and support additional mining projects and other economic activities and...

I study a sequential-move public goods game based on the notion that leadership comes with an obligation; conscientious leadership. Provision by the leader of an amount of the public good below a minimum imposes a psychological cost on the follower which increases his unit cost of contribution....

There is a secret paradox at the heart of social contract theories. Such theories assume that, because personal security and private property are at risk in a state of nature, subjects will agree to grant Leviathan a monopoly of violence. But what is to prevent Leviathan from turning on his...

Without insisting on arguments brought in a different paper in favor of such an idea (Tachiciu and Popescu, 2007), here one should take as a premise the fact that for Romania it is not only possible, but also necessary to combine the catch-up process aiming at reducing the development gap, with...

L'Italia sta affrontando la riforma federalista della sanità in maniera inadeguata. Il trasferimento delle responsabilità economico-finanziarie dallo Stato alle Regioni sta avvenendo all'interno di una cornice normativa incompleta e su più punti internamente incoerente. Le difficoltà...

Le regole del regime pensionistico contributivo incentivano il proseguimento del lavoro già in corso e, alla pari di quanto avviene per le scelte di lavoro-pensionamento, trattano i casi di cumulo di pensione e reddito da lavoro in maniera finanziariamente e attuarialmente neutra. E' possibile,...