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4011. CATO Institute: Making College More Expensive: The Unintended Consequences of Federal Tuition Aid

Author:
Gary Wolfram
Publication Date:
01-2005
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
As Congress debates the reauthorization of the Higher Education Act, it should heed Friedrich Hayek's warning that democracy is “peculiarly liable, if not guided by accepted common principles, to produce over-all results that nobody wanted.” One result of the federal government's student financial aid programs is higher tuition costs at our nation's colleges and universities. Basic economic theory suggests that the increased demand for higher education generated by HEA will have the effect of increasing tuitions. The empirical evidence is consistent with that—federal loans, Pell grants, and other assistance programs result in higher tuition for students at our nation's colleges and universities.
Topic:
Economics, Education, and Government
Political Geography:
United States

4012. Exploring the Emerging Social Movements in Africa at the Third African Social Forum

Author:
Marie Clark Brill
Publication Date:
01-2005
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
The African Social Forum was born out of the larger World Social Forum, which provides an annual open meeting place where groups and movements of civil society come together to dialogue and network towards collaborative action. The Third African Social Forum (ASF) took place in Lusaka, Zambia in mid-December 2004. This report includes notes and analysis of the African Social Forum and provides reflection s on emerging social movements in Africa.
Topic:
Civil Society, Development, and Economics
Political Geography:
Africa, Lusaka, and Zambia

4013. The Politics and Economics of Offshore Outsourcing

Author:
Phillip Swagel and N Gregory Mankiw
Publication Date:
12-2005
Content Type:
Working Paper
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
During the presidential campaign of 2004, no economic issue generated more heat or shed less light than the debate over offshore outsourcing. This fact was probably apparent at the time to any economist who followed politics, but it was felt especially acutely by the authors of this paper. We were then working at the Council of Economic Advisers as, respectively, chairman and chief of staff. While the job of the CEA is to focus on the economics of current policy debates, the environment in which that job is performed is highly political, especially in an election year. To some extent, therefore, this paper is a report from inside the eye of a storm.
Topic:
International Relations, Economics, Globalization, and Political Economy

4014. The Economic Costs of the War in Iraq

Author:
Katrina Kosec and Scott Wallsten
Publication Date:
09-2005
Content Type:
Working Paper
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Government policies are routinely subjected to rigorous cost analyses. Yet one of today's most controversial and expensive policies—the ongoing war in Iraq—has not been. The $212 billion allocated by the U.S. Treasury has been widely reported. But the real, direct economic costs include more than budgetary allocations. Other costs include lives lost, injuries, and lost civilian productivity of National Guard and Reserve troops mobilized for the conflict. The conflict, however, also has gene rated cost savings, especially in terms of resources no longer being used to enforce UN sanctions and people no longer being killed by Saddam Hussein's regime.
Topic:
Economics and War
Political Geography:
United States, Iraq, Middle East, and Palestine

4015. Is Port Security Spending Making Us Safer?

Author:
Veronique de Rugy
Publication Date:
09-2005
Content Type:
Working Paper
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Congress should direct home land security funding to program s that provide the greatest return in the most crucial security missions. Since the number of possible attacks is effectively unlimited and the resources we can devote to the fight against terror are limited, spending should not occur without a careful cost-benefit analysis. Most importantly, it is perfectly reasonable to decide not to implement an antiterrorism measure, not because it has no benefit, but because the costs are too high compared to the potential benefits. Of course, program s that are not cost effective should never be implemented.
Topic:
Security, Defense Policy, and Economics
Political Geography:
United States

4016. What Does Homeland Security Spending Buy?

Author:
Veronique de Rugy
Publication Date:
04-2005
Content Type:
Working Paper
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
International terrorism is probably the greatest security challenge America faces today. Policymakers have responded in two ways--going after terrorists abroad and improving security against terrorism at home by boosting homeland security funding. Regarding the latter, total spending directed to homeland security activities will be at least $50 billion for FY2006.Yet, the important question is whether America is getting the maximum level of benefit in exchange for this increase in spending. This paper performs a detailed review of homeland security's spending practices. First, it takes a look at the economics of homeland security spending and contrasts that with the politics of decision-making in this area. Second, it examines the state of homeland security spending. Finally, the paper analyzes how homeland security funds are being allocated and asks whether this is conducive to achieving improved security in the United States. This updated version also includes a review of federal spending to bolster port security.
Topic:
International Relations, Economics, and Terrorism
Political Geography:
United States and America

4017. Attitudes about Social Security Reform

Author:
Karlyn H. Bowman
Publication Date:
02-2005
Content Type:
Working Paper
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
What do Americans think about the health of the Social Security system and proposals to reform it? This AEI Public Opinion Study looks at how different pollsters have approached the issue. It provides historical data and includes trends on aspects of the debate from major pollsters.
Topic:
Security, Economics, and Government
Political Geography:
United States and America

4018. Opening Opportunities, Building Ownership: Fulfilling the Promise of Microenterprise in the United States

Author:
Elaine L. Edgcomb and Joyce A. Klein
Publication Date:
02-2005
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
The notion that a person can turn a dream into a small business by applying healthy doses of ingenuity, elbow grease and grit has resonated with Americans from the earliest days of this nation. Indeed, there is something so intrinsically appealing about that scenario that more than 22 million Americans are small business owners today—including some 20 million who operate "micro"—or very small—enterprises.
Topic:
Development, Economics, Environment, and Industrial Policy
Political Geography:
United States and America

4019. Information Technology and the New Global Economy: Tensions, Opportunities, and the Role of Public Policy

Author:
David Bollier
Publication Date:
03-2005
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Changes in technology have been transforming commerce, politics, and culture for centuries. Yet it is now becoming clear that the explosion of the Internet and assorted digital technologies is provoking epochal changes in the global economy. Finance capital now roams the world with unprecedented speed. Transportation and logistics have become radically more efficient. Work readily moves to wherever it can be most skillfully and cheaply performed. Innovation and productivity are forging ahead, sometimes at blinding speeds.
Topic:
Development, Economics, Globalization, Government, and Science and Technology

4020. Getting Serious about the Twin Deficits

Author:
Menzie D. Chinn
Publication Date:
09-2005
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Twenty years ago, the United States was the world's largest creditor nation, unsurpassed in its ownership of assets outside of its borders, even after deducting what foreigners owned inside its borders. Yet over the past two decades, America has been transformed into the world's largest debtor nation. At the end of 2004, its debts to the rest of the world exceeded its assets by about $2.5 trillion—21 percent of its gross domestic product (GDP). This proportion is unmatched by any other major developed economy.
Topic:
Foreign Policy, Development, and Economics
Political Geography:
United States and America