Climate change is one of the most pressing issues of our time. The negative consequences of a warming planet – from rising sea levels and extreme weather events to crop failures and extinction of species – threaten to undermine the well-being of current and future generations.
The Intersection of Marijuana Legalization and Financial Stress in Cities: A Public Finance Perspective
In this blog post, we will explore the link between the likelihood of marijuana businesses being permitted in a city’s jurisdiction and the level of financial stress being experienced by the city.
Unemployment Insurance During the Pandemic and Its Externalities
Since the start of the pandemic in 2020, the Federal government has been extremely involved in the U.S. economy. Stimulus after stimulus has been passed by Congress without much thought about the externalities of such new policies. One of the largest interventions by the government over this time period has been the increased amount of unemployment insurance benefits available to individuals that have lost their jobs.
A Global Minimum Tax Rate
The Group of Seven (G7), which consists of seven wealthy democracies including Canada, France, Germany, Italy, Japan, the UK, and the US, met over the weekend to consider a ‘global minimum corporate tax rate’. A new minimum rate of at least 15% was tentatively agreed on.
A Sorry Excuse for a Stimulus Package
Congress will soon be passing a new Covid-19 stimulus package worth nearly $900 billion. This new package provides relief for individuals that are unemployed by extending federal unemployment insurance programs as well as providing an additional $300 per week benefit. It also includes loans for businesses, testing and vaccine funds, as well as funding for schools.