MercatusPrograms

  • Urbanity

    Cities are dynamic centers of exchange, innovation, and economic growth and provide the platform where people, ideas, and capital come together.

    Regulations that limit urban development reduce the potential for income mobility and rising standards of living over time. The proliferation of land-use regulations over the past decades has coincided with lower economic growth and the systemic problem of a housing affordability crisis. Land-use policy reform presents huge opportunities to reverse this stagnation.

    The Urbanity Project offers a third way approach, neither individualist nor central-planning, that promotes the development of cities as dynamic centers for innovation and economic growth. During the Covid recovery, we will defend the value of cities as engines of social and economic innovation, and encourage adaptation to meet new challenges.

    Find the latest research and commentary here:
    https://www.mercatus.org/tags/urban-economics

     


     

  • The Fourth Branch

    The Fourth Branch project envisions an administrative state informed by classical liberal principles and market processes that promotes rather than hampers economic growth and innovation. We envision a regulatory state built on democratic governance and sound economic analysis ensuring that new and existing regulations are justified by market failure, regularly reviewed, and eliminated according to their effectiveness. This includes proposing a new approach to cost benefit analysis which accounts for the long-run opportunity cost of regulations and treats all citizens equitably.

    In addition, our focus includes the review of rivalrous public assets such, as broadband internet deployment, and the consideration of how such assets might by divested to private actors or positively incentivized toward efficiency through various mechanisms, such as consumer vouchers.

  • Policy Analytics

    Solving real-world problems with policy solutions is becoming increasingly reliant on the use of emerging technology. The Policy Analytics Team leverages this cutting-edge technology, including machine learning, deep learning, natural language processing, cloud computing, and big data to both create and equip others to create policy solutions that help improve societal well-being.

    Take a look at our data on the QuantGov platform.

  • Open Health

    The medical industry relies heavily on government rules, planning, regulations, and institutions. This diminishes the benefits that come from proven market-principles. When allowed to function, markets can provide patients with superior products and services – what they need, when they need it, and at a price they can afford.

    The Open Health project seeks to demonstrate how market-function can deliver these outcomes. Central to its efforts is promoting an environment in healthcare where technology innovators and entrepreneurs have the same freedom to develop products as they do in other high-tech industries.

  • Labor, Innovation, & Opportunity
    The Labor, Innovation, & Opportunity project aims to identify the barriers preventing the workforce from adapting to the 21st century and recommend policy reforms that enable labor markets to work more effectively and efficiently. It is important to enthusiastically promote the benefits of embracing dynamic labor markets that respond to technological, cultural, and global changes, while compassionately acknowledging the disruption that such changes cause. The goal is to rethink and redesign labor policies, social safety net programs, and other institutional rules that would facilitate labor market dynamism by preparing workers for a meaningful new profession in an evolved economy.
  • International Freedom

    Our vision is a global trading regime that is both open to the free movement of goods, services, and people as well as committed to democratic governance and the protection of individual liberties. Economists will need to adapt their economic and analytical framework to embrace a wide range of challenges including maintaining a trading relationship with China in a way that does not compromise our liberties.