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Technology and Innovation

Why do we no longer expect large step-changes in economic growth? Why have we become complacent with predictable and incremental changes in technologies and business models? Our research reclaims the sense of wonder and optimism that has been the foundation of our greatest discoveries and achievements.
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Environmental Stewardship

How do we effectively conserve and protect America’s treasured landscapes and natural resources? Can we better encourage the protection of endangered species, clean our air and water, and preserve scenic sites across the country? Our research explores how cooperative and incentive-based approaches are crucial to achieving better environmental outcomes.
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Immigration

Does our current immigration system set the United States up for social and economic success? Today, more than 44 million immigrants live in the US, and each year about one million more enter. They bring their hopes, dreams, and shared prosperity. Our immigration research details how immigrants contribute to the growth and development of the US.
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We connect academic entrepreneurs with the challenges of today

We do this by exploring the way key institutions in society — business, government, and community — ignite economic growth and increase opportunity for everyone to improve their lives.

Our latest research

Regulation

In Search of Peace and Quiet: The Heterogeneous Impacts of Short-Term Rentals on Housing Prices

1 Introduction “The Ordinance was passed to ensure that residential rental housing remains available to long-term tenants, and because short-term rentals have undesirable impacts that threaten the stability and character of the City’s neighborhoods and result in increased rents.” David Martin (2018), Santa Monica, California Director of Planning and Community…
Environmental Stewardship

Downwind and Out: The Strategic Dispersion of Power Plants and Their Pollution

1 Introduction Environmental regulation in the US historically has often followed a federalist approach, ceding much authority to state, county, and municipal governments. Many parts of the US Clean Air Act (CAA), the crown jewel of US air-quality regulation, follow this approach—particularly in its implementation of the National Ambient Air…
Technology and Innovation

Who Pays When Car Sharing Is Taxed?

Introduction The advent of car-sharing platforms has expanded the peer-to-peer car sharing market, but because they are so new, policymakers have yet to decide where they fit in tax policy. As of this paper, no state policymakers have decided that the state’s peer-to-peer car sharing tax policy should be identical…
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