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21. The Impact of the Dodd-Frank Act on Small Business

Author:
Michael D Bordo
Publication Date:
09-2018
Content Type:
Research Paper
Institution:
The Cato Institute
Abstract:
The Dodd Frank Act of 2010 (DFA) was designed to overcome the sources of excessive leverage and systemic risk in the U.S. financial sector perceived to have created the Great Financial Crisis of 2007–2008. Since then, considerable controversy has swirled around the efficacy of various components of the multifaceted act. Many have been critical of the Volcker Rule, while others have praised the elevation of capital ratios and the requirements for banks to undergo periodic stress tests. However, there has been mounting concern in the financial community, Congress, and the press over the negative impact of the DFA regulations on small banks and businesses.
Topic:
International Political Economy
Political Geography:
America

22. Government and the Cost of Living Income-Based vs. Cost-Based Approaches to Alleviating Poverty

Author:
Ryan Bourne
Publication Date:
09-2018
Content Type:
Special Report
Institution:
The Cato Institute
Abstract:
Federal, state, and local governments seek to assist poor households financially using transfers, minimum wage laws, and subsidies for important goods and services. This “income-based” approach to alleviating poverty aims both to raise household incomes directly and to shift the cost of items, such as food, housing, or health care, to taxpayers. Most contemporary ideas to help the poor sit firmly within this paradigm
Topic:
International Political Economy
Political Geography:
America

23. U.S. Citizens Targeted by ICE: U.S. Citizens Targeted by Immigration and Customs Enforcement in Texas

Author:
David Bier
Publication Date:
08-2018
Content Type:
Research Paper
Institution:
The Cato Institute
Abstract:
Texas law SB 4 imposes jail time on local police who fail to detain anyone whom federal Immigration and Customs Enforcement (ICE) requests. Data from Travis County, Texas, show that ICE targets large numbers of U.S. citizens. From October 2005 to August 2017, 814 targets of ICE detainers in Travis County-3.3 percent of all requests-claimed U.S. citizenship and presented officers with a Social Security number (SSN). ICE subsequently canceled or declined to execute about a quarter of those detainer requests. Based on statements from ICE officials, the best explanation for not executing these detainers is that ICE targeted at least 228 U.S. citizens in the county before canceling or declining to execute those detainers. SB 4 will likely increase the detention of U.S. citizens for supposed violations of immigration law by preventing local police from releasing them.
Topic:
International Affairs and Immigration
Political Geography:
America

24. Could Trump Deliver Iran an Oil Windfall?

Author:
Richard Nephew
Publication Date:
07-2018
Content Type:
Commentary and Analysis
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The president’s recent statement that OPEC should reduce their prices may merely be an attempt to assign blame for rising gasoline prices in the midst of the US driving season or an even more cynical attempt to rally his political base in opposition to globalism. Or, it may have something to do with the president’s own decision to create a crisis with Iran. While attention is duly paid to how much Americans have to pay at the pump, a more subtle and complicated story will soon play out with respect to Iran and the reapplication of US sanctions ordered by Trump on May 8, 2018. In fact, unless oil prices are contained, the primary result of the president’s action may be to ensure that Iran profits from the oil market risks that sanctions have created.
Topic:
Energy Policy, Geopolitics, and Global Political Economy
Political Geography:
America, Iran, and Global Focus

25. The Role of Natural Gas in Europe's Electricity Sector Through 2030

Author:
Tim Boersma and Tatiana Mitrova
Publication Date:
08-2018
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The developments underway in Europe’s natural gas sector are some of the most influential and closely watched in the global gas market. In the past decade, Europe has seen significant demand swings, falling domestic production, growing concerns about dependence on Russian gas, and the advent of US liquefied natural gas exports to the world. Just as important has been the emerging competition from renewable fuels. Indeed, questions are now arising about whether Europe needs new investments in natural gas infrastructure or if those investments would become stranded assets. However, suggesting that the EU does not need new investments risks underestimating the role—or the potential role—natural gas plays in various sectors of Europe’s energy economy, including industry, transportation, and commercial and residential usage.
Topic:
Energy Policy and International Political Economy
Political Geography:
America

26. The Energy, Economic, and Emissions Impacts of a Federal US Carbon Tax

Author:
Noah Kaufman and Kate Gordon
Publication Date:
07-2018
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
Climate change is a serious threat to global progress and stability. Actions to reduce greenhouse gas (GHG) emissions and stabilize global temperatures can avoid impacts of climate change on human health, the economy, national security, and the environment. But without a strong federal-level climate policy response from the United States, chances of serious global climate action are slim.
Topic:
Energy Policy and International Political Economy
Political Geography:
America

27. The Effects of Carbon Tax Policies on the US Economy and the Welfare of Households

Author:
John Diamond and George Zodrow
Publication Date:
07-2018
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The potential for utilizing a federal carbon tax to address the risks of climate change has been discussed in U.S. policy debates on both sides of the aisle. Under a carbon tax, consumers and producers would account for the costs of climate change in their decision making. The policy would reduce greenhouse gas emissions without sacrificing the efficiency of private markets.
Topic:
Energy Policy, International Affairs, and Domestic Politics
Political Geography:
America

28. The United States braces itself for the midterm elections: Is there a foreign-policy dimension?

Author:
Ville Sinkkonen
Publication Date:
08-2018
Content Type:
Commentary and Analysis
Institution:
Finnish Institute of International Affairs
Abstract:
Foreign policy rarely plays a decisive role in congressional elections in the US. However, President Trump’s tendency to mix foreign policy into the domestic debate might increase its salience. Electoral success for the Democrats could both constrain and embolden the president’s international conduct.
Topic:
International Affairs
Political Geography:
America

29. The sustainability of the questionable US presidency: The Trump era might last longer than expected

Author:
Mika Aaltola
Publication Date:
08-2018
Content Type:
Policy Brief
Institution:
Finnish Institute of International Affairs
Abstract:
The 2020 US presidential election could be a close call with a narrow margin of victory. Many key factors underlying Donald Trump’s 2016 electoral success are still active and might suffice to win over a very polarized electorate in an extremely ugly election.
Topic:
International Affairs and Democracy
Political Geography:
America

30. Government of the People, by the Elite, for the Rich Unequal Responsiveness in an Unlikely Case

Author:
Lea Elsässer, Svenja Hense, and Armin Schäfer
Publication Date:
10-2018
Content Type:
Commentary and Analysis
Institution:
Max Planck Institute for the Study of Societies
Abstract:
Empirical studies have shown that US politics is heavily tilted in favor of the better-off, as political decisions tend to reflect the preferences of the rich while largely ignoring those of the poor and the middle classes. These findings have prompted a lively debate about potential mechanisms that cause this pattern of unequal responsiveness. Existing studies suggest that specific characteristics of the political system are a major explanatory factor – in particular, private donations and campaign financing. We build on these studies but focus for the first time on an entirely different case. In this paper, we ask whether similar patterns of unequal responsiveness are discernible in Germany, which not only is a more egalitarian country, but also funds election campaigns entirely differently from the US. We analyze an original dataset of more than 800 survey questions posed between 1980 and 2013. The questions deal with specific political decisions debated at the time and cover a broad range of politically relevant topics. Our results show a notable association between political decisions and the opinions of the rich, but none or even a negative association for the poor. Representational inequality in Germany thus resembles the findings for the US case, despite its different institutional setting. Against this background, we conclude by discussing potential mechanisms of unequal responsiveness
Topic:
International Political Economy and Hegemony
Political Geography:
America