Given the advantages of an LLC and frequent advice to form one, the authors explore the reasons for the low adoption of the LLC form of business by entrepreneurs and ways to increase its use.
This policy report explains how specific tools of economic statecraft can be applied to reduce risks caused by dependence on People’s Republic of China-dominated supply chains for critical goods. It offers foundational building blocks for the formulation and implementation of a larger strategy to reduce American vulnerabilities to China.
The author explains the unexpected price collapse for oil in spring 2020, elucidating how the market reacted to oversupply after a sudden drop in demand amid COVID-19 shutdowns. Read more on the Baker Institute Blog.
This post originally appeared on the Forbes blog on April 21, 2020.
Energy and environment fellow Rachel A. Meidl discusses how the Covid-19 pandemic is disrupting the waste, plastic, and recycling industries. In response, she stresses the need for a systems-level approach. Forbes blog: https://bit.ly/3cDbseB
The COVID-19 pandemic has compounded concerns over a U.S.-China trade deal, write the authors, but a mutual commitment to long-term purchases could be the solution. Read more on the Baker Institute Blog.
This post originally appeared in the Forbes blog on April 8, 2020.
Steven R. Miles, Kenneth B. Medlock IIIApril 10, 2020
Public finance fellow Joyce Beebe discusses current guidance and open questions related to virtual currency tax reporting and potential approaches to improve virtual currency-related income tax compliance.
Legislation regulating commercial transport by ship is impeding economic development and growth, the authors write. Read the post on the Baker Institute Blog.
This post originally appeared in the Forbes blog on April 9, 2020.
Kenneth B. Medlock III, Michelle Michot Foss, Anna B. Mikulska, Ted Loch-TemzelidesApril 9, 2020
"In a changing competitive environment, which the recent events affecting the global oil market clearly represent, a greater focus on ensuring and maintaining fair and open competition is critical to the long-term health of the market," said the authors in a written statement to the Texas Railroad Commission.