Aid to Katrina Victims: A Right/Left Consensus

People on both the left and right are using the tragedy of Katrina as a handy excuse to push agendas they favored long before the hurricane disaster. Here's a better idea: Put the normal political wrangling aside and seize the opportunity to enact serious reforms that can garner broad agreement.

Crisis of the Uninsured: 2005 Update

Despite claims that there is a health insurance crisis in the United States, the proportion of Americans without health coverage has changed little in the past decade. The increase in the number of uninsured is largely due to immigration and population growth.

Capital Commerce: A greenhouse gas pass

There's some new thinking about how to deal with the effects of global warming. Instead of trying to cut back on the use of fossil fuels, which emit greenhouse gases that warm the environment, governments should invest money in specific efforts to deal with the consequences of climate change, says a new study by the National Center for Policy Analysis.

Study Finds Little Advantage In New Schizophrenia Drugs

A landmark government-financed study that compared drugs used to treat schizophrenia has confirmed what many psychiatrists long suspected: newer drugs that are highly promoted and widely prescribed offer few — if any — benefits over older medicines that sell for a fraction of the cost.

The Other Recovery

What are the solutions to the petroleum supply problems that Katrina has finally brought to the public's attention? Simply put, America needs a new and expansive energy policy.

Climate Change: Consensus Forming around Adaptation

A consensus is forming concerning the appropriate response to global warming. While scientists continue to debate the extent to which humans are responsible for rising average global temperatures, a growing number of economists and policy experts have concluded that the best response to climate change is to adapt by investing resources in more pressing problems.

The Bicoastal Housing Bubble

Speculative "bubbles" can appear in various sectors of the economy when the Federal Reserve eases monetary policy by lowering interest rates. Generally speaking, when the Federal Reserve tightens monetary policy, the sectors of the economy that went up the most during the easing phase will fall the hardest as the bubble bursts. For instance, stocks went up the most from 1995 to 1998, when the Federal Reserve eased the money supply; stocks fell the most after the Federal Reserve tightened the money supply in 1999 and 2000.

Don’t Fight Global Warming, Learn To Live With It, Says Report

Don't Fight Global Warming, Learn To Live With It, Says Report. Instead of trying to prevent global warming, governments should invest money in "focused adaptive measures" to deal with the consequences of climate change, says a study released this morning by the National Center for Policy Analysis. The report estimates that the Kyoto Protocol will cost the nations that have signed on $165 billion annually to limit their output of greenhouse gases such as carbon dioxide.

Subsidizing Disaster

Hurricane Katrina has focused attention on the increasing cost of natural disasters. Some federal programs unintentionally contribute to those losses. Federal flood insurance and U.S. Army Corps of Engineers' flood control and beach replenishment projects subsidize construction in flood-prone areas, encourage high-risk development and harm environmentally sensitive areas. These programs should be reconsidered.

Cost of Living Matters More Than Minimum Wage

Consumer prices, especially for gasoline, are rising faster than workers' wages, but because of differences in cost of living, raising the minimum wage would have a vastly different impact from city to city, according to an analysis released today by the National Center for Policy Analysis (NCPA).