In June 1986, the new Military Retirement Reform Act was signed into law with the intention of saving $2.9 billion in the 1986 accrual funding of the military retirement budget. This article provides an analysis of the potential effects of the new policy on personnel retention. It concludes that...

Since the mid-1970s numerous states have raised their minimum legal drinking age in an effort to reduce alcohol-related traffic accidents. This study examines determinants of a variety of traffic fatality rates at the state level for 1978, with particular attention to drinking age and drinking...

Current problems of the Federal deposit insurance system threaten not only to increase future Federal costs but also to destabilize the U.S. banking system as it faces new competitors. The system's problems can be traced to weakness in both the political and market feedback mechanisms. Current...

Institutional policy analysts, who study government reform and its consequences, have made three strategic choices: first, they support or emphasize procedural values; second, they use a single method to examine a single reform of a single institution; and third, they focus on declining...

The national 55 mile-per-hour speed limit was in effect from 1974 to 1987, and over the years many analysts have attempted to measure and compare its costs (enforcement and travel time) and benefits (safety and fuel economy). In 1984 a committee of the National Research Council completed a major...

The greenhouse effect will bring large climate changes, possibly a hostile environment, and social consequences that will range from business as usual to disaster. At present uncertainty dominates forecasts of both the climate change and derivative ecosystem and social consequences. Policy...

The enormous expansion of the Social Security system over the last four decades has left the government very heavily involved in determining the savings and insurance of American households. While the growth of Social Security has been very substantial, it has also been gradual; this may explain...