Expanding education choice is a smart and sound investment that Texas can make to grow the state's economy and build a stronger society. Creating better matches between students and their education will likely lead to fewer dropouts, which would improve social and labor market outcomes. By...

There remain questionable fundamental issues about the way carbon dioxide affects the climate. Observed temperatures by sophisticated technologies greatly and consistently conflict with today's widely accepted, although highly questionable, scientific consensus about the effects humans have on...

Since a higher oil price has preceded ten out of the last eleven U.S. recessions, the macroeconomic responses to different oil market shocks concern policymakers. Although these responses might be declining, there is evidence indicating it is not fluctuations in the oil price that matters but...

This paper examines the effectiveness of several of the Fed's unconventional monetary policies from 2007 to 2010 by comparing interest rate spreads with forecast estimates based on either the pure expectations hypothesis or the preferred habitat theory. We find that the effectiveness of these...