Pricing of roads has been a mantra in transportation economics for many decades now. The basic economic reasoning is sound: optimal consumption of a road is set where price=marginal cost (P=MC) and the lack of a price or the presence of underpricing will lead to economically inefficient levels...

This paper examines two theories of the current financial epoch referred to as the 'subprime crisis.' One theory is rooted in a tradition of policy activism which holds that the failure of the financial system was fundamentally driven by institutional faults, especially in private sector risk...

This paper argues that much of the uncertainty in academic study of different business and policy areas is due to the limitations in existing methods. To explore these limitations, and ways of overcoming them, methods used by other fields of inquiry will be examined and broken down into...

Much has been written about the outsourcing phenomenon. Most authors have attempted to measure and/or minimize its effects or show that “in the long run” the benefits will outweigh the costs. Many authors have described the best way to manage the outsourcing process. But what is the morality...

The GFC has affected national banking sectors across the globe. These effects have differed according to many factors, including the degrees of openness in real and financial sectors, maturity of financial intermediation, and fiscal and monetary policy responses. One very interesting case is the...

Policy research is sort of like pornography: you know it when you see it, but it is difficult to define. If one thinks of a question which asks quot;How are federal programs and policies affecting or likely to affect outcomes in the larger societyquot;, policy research can be thought of as the...

Modern social science supposedly eschews any notion of purposefulness when assessing social phenomenon. There may be causes and effects, and in the case of individual actors or groups of actors there are certainly intentions. But the Aristotelian notion of teleology, that things which social...

This paper will discuss the current structure of, and outlook for, the economy of the State of New Jersey and how the needs of the economy are likely to drive the need for infrastructure investments in the broad categories of transportation, environment, and water resources

This paper establishes a framework for the measurement of the performance of federal infrastructure programs in the United States (circa 1993, the date the paper was written). Basic data from the major US federal infrastructure programs is collected and collated according to this framework and...

Four objectives were defined for this project's contribution to the Federal nfrastructure Strategy:1. to answer the question of whether the nation (USA) is under-invested in infrastructure;2. to gain insight into the mechanism by which infrastructure investment affects economic activity.3. to...