Policy Insights
Mercatus research champions the merits of dynamic, market-oriented approaches to pressing policy problems. Our scholars regularly share these research-backed insights with decision-makers at the local, state, and national level.
The ever-growing burden of government regulations, combined with unchecked federal spending, continues to stunt US economic growth and impede effective governance.
As state legislatures meet in a year of inflated rents and record home prices, it remains abundantly clear that barriers to housing construction are causing affordability challenges. States play a vital role in setting the rules and incentives that influence whether localities decide to permit new housing construction. Overly restrictive local zoning is the fundamental cause of America’s housing shortage, and states can place limits on local zoning as well as reform the processes that make land use regulation a source of frustration for so many local officials and citizens.
Artificial intelligence will have a huge effect on the economy. To ensure the effect is a net positive, policymakers need to understand AI at a deeper level to shape a governance regime that maximizes the social benefits of AI and mitigates its risks. This guide serves as continually updated resource to equip policymakers with the knowledge they need to make smart decisions about a fast-moving and complex issue.
Mercatus research indicates that regulatory accumulation worsens economic conditions, inadvertently increasing poverty rates, destroying jobs, and raising prices. The path to reversing these trends is clear: Improve regulations by reducing their number. Our State RegData project has produced "snapshots" of state regulations that can help policymakers engage in that process.
While it may escape the attention of most Americans, the Fed's framework review is an opportunity for our central bank to recalibrate how it pursues its dual mandate of price stability and maximum employment to create a more robust monetary policy framework that better serves the US economy. After its first framework review, in 2019-20, the Fed adopted the current flexible average inflation targeting framework.
Trump’s Shoot-from-the-hip Agenda Points to Uncertainty | DC Journal
Things Are Looking Up for Argentina | City Journal
New NC Law Protects Property Rights by Limiting Local ‘Down-zoning’ | Carolina Journal
FinRegRant #9 | FinRegRag
How New Yorkers Will Adjust to Congestion Pricing | Bloomberg Opinion