Executive Summary Introduction Reforms to Medicaid made under the One Big Beautiful Bill Act (OBBBA), signed on July 4, 2025, have reignited longstanding debates over whether public health insurance for low-income adults should be conditioned on work or work-related activity. The policy’s implementation through a requisite 2026 CMS rule requiring 80 hours per month of … Continue reading
Tag Archives: Politics
Why Are Most Nicotine Pouches on Sale Illegal?
Executive Summary Introduction At U.S. gas stations, the nicotine pouch shelf runs dozens of brands deep, at every strength. The Food and Drug Administration (FDA) has cleared about two dozen of them, all at the lower-strength end. Almost everything else on that shelf is, under federal law, illegal to sell. The word suggests that the government examined these … Continue reading
Hedging Their Bets, BRIC by BRIC: How Trump’s Tariffs Have Incentivized Diversification
Executive Summary Introduction Trump’s tariffs were intended to reduce U.S. dependence on strategic competitors and redirect trade flows back toward the United States. In practice, they have also encouraged many emerging economies to diversify their economic relationships. As tariffs increase the cost and uncertainty of relying on U.S. markets, countries have expanded trade with alternative … Continue reading
Why Young Americans Must Turn from Government Intervention and Reform Entitlements
Executive Summary Introduction The national debt is fundamentally a generational issue. Running large budget deficits to finance tax cuts or spending increases today places an undue burden on younger and future generations. By borrowing more today, policymakers are effectively promising higher taxes and lower spending on future taxpayers and government beneficiaries. At the very least, younger and future generations will see interest … Continue reading
Wishing To Overhaul: American-Led WTO Reform Post-MC14
Executive Summary Introduction On Monday, March 30th, the MC14 meeting of WTO members in Yaoundé, Cameroon, came to an end. Occurring every two years, MCs allow member states to voice their concerns, negotiate new agreements under the WTO, and guide the organization’s priorities until the next MC. Contextualized by a broken dispute settlement mechanism and inflamed international protectionism, MC14 was … Continue reading
Mercosur: An Integration Problem
Executive Summary Introduction On January 17th, 2026, Mercosur—a South American customs union comprising Argentina, Bolivia (partial-member), Brazil, Paraguay, and Uruguay—signed a landmark free trade agreement with the European Union. The deal is slated to remove around $4.8 billion in tariffs between the two economic blocs, leading to an estimated 39 percent annual growth in EU exports to Mercosur (from $72 billion in 2024 goods export) and the elimination of EU duties … Continue reading
Price Controls and Critical Minerals: Understanding the U.S.’s Rare Earth Economic Policies
Executive Summary: Introduction On October 9th, China imposed export controls on rare earth minerals and related technologies. Since then, rare earth minerals have been dominating news headlines, with many experts espousing the importance of reducing the U.S.’s dependence on China for these minerals. The Trump administration’s policies have heavily focused on rare earth minerals too; … Continue reading
Money Supply and the Current Account: Testing the Predictions of the AA-DD Model
Executive Summary: As part of his rationale for increasing tariffs, President Trump has focused on the U.S.’s trade deficits. Experts have long debated whether trade deficits matter; some argue a trade deficit simply signals that the region is attractive to foreign investment and has strong consumer demand, while others have instead contended that a trade … Continue reading
The Impact of AI Efficiency Gains on National Debt and Gross Domestic Product
Aryan Mirchandani Executive Summary Introduction Historically, only a few technological innovations have created anticipation that rivals the likes of artificial intelligence, which has catapulted the first phase of the new productivity revolution. Proponents of AI argue that it will streamline workflows, enhance decision-making, and unlock rapid efficiencies across wide-ranging industries. The Trump Administration is making … Continue reading
Betting on Trade: Prediction Markets & Tariff Uncertainty
Executive Summary: On February 1st, 2025, Trump signed an executive order imposing tariffs on imports from Mexico, Canada, and China. Two days later, Trump agreed to a 30-day pause on these trade threats. Since then, Trump has announced a myriad of tariffs, many of which he has paused or completely revoked in the following days. … Continue reading
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