Japanese plan for doubling of public science spending

Public Spending for Poverty Reduction

Building Public Support for Science Spending: Misinformation, Motivated Reasoning, and the Power of Corrections

While most Americans support scientific research, few favor an increase in federal investment. This opposition is driven in large part by misinformation about the actual level of governmental support for science. Employing an experiment embedded on a nationally representative survey, we find that most Americans significantly overestimate the share of the federal budget allocated to scientific r...

Immigration and Public Spending

Immigration and Public Spending We examine the effect of immigration on public spending from a theoretical (political economic) and an empirical perspective. We distinguish between public spending on private goods and on public goods. Our model implies that whether immigration increases or decreases public spending primarily depends on native’s preferences for private versus public good spendin...

The Obama plan: more regulation, unsustainable spending.

The health reform plan put forth by Sen. Barack Obama (D-IL) focuses on expanding insurance coverage and provides new subsidies to individuals, small businesses, and businesses experiencing catastrophic expenses. It greatly increases the federal regulation of private insurance but does not address the core economic incentives that drive health care spending. This omission along with the very su...

State Spending for New England's Public Schools

During the past ~o years, fiscal troubles in New England have severely limited state governments’ ability to increase funding for elementary and secondary schooling. Despite growing concerns about the quality of public education, two states, Connecticut and New Hampshire, cut inflation-adjusted K-12 spending in Fiscal Year 1992 (FY92) and FY93 (Chart 1). The other four cut spending in one of th...