All Research

All Research

Disbanding the Federal Communications Commission
Working Paper
AEIdeas

Disbanding the Federal Communications Commission

Abstract This paper argues that the Federal Communications Commission (FCC) has outlived the economic and technological conditions that justified its creation. The monopolistic telephone and spectrum scarcity environments of 1934…

Choosing Product Space: Lessons from the App Economy
Working Paper
AEIdeas

Choosing Product Space: Lessons from the App Economy

Abstract Firms often choose with whom to compete and how similar or how different their products should be relative to those of their rivals. This paper investigates this issue in…

A Critique of Professor Cass R. Sunstein on the Social Cost of Carbon
Working Paper
AEI

A Critique of Professor Cass R. Sunstein on the Social Cost of Carbon

This paper offers critical observations on the arguments presented by Professor Cass R. Sunstein in a recent opinion column on the Trump Executive Order of January 20, 2025. That executive…

Determinants of Industry Concentration and Dispersion
Working Paper
AEI Economic Policy Working Paper Series

Determinants of Industry Concentration and Dispersion

Abstract Given the political and public interest in rising industry concentration in developed economies, researchers have been working on uncovering underlying mechanisms and implications. Various causes of concentration have been…

Observations on the Pomerleaus’ New Argument for a Carbon Tax
Working Paper
AEI

Observations on the Pomerleaus’ New Argument for a Carbon Tax

Summary My colleagues Kyle Pomerleau and Shuting Pomerleau propose a “carbon”(greenhouse gas emissions) tax as a fiscal tool with which to finance an extension of theindividual income tax reductions implemented…

Minimum Standards for Maximum Pricing Constraints
Working Paper
AEI Economic Policy Working Paper Series

Minimum Standards for Maximum Pricing Constraints

Abstract Government regulators often establish maximum prices for regulated services. This paper explains the proper economic principles for establishing such constraints. The principles imply a range – an upper limit…