Ken Medlock explains why the price of WTI crude collapsed into previously unchartered, negative territory on April 20, 2020, and what to expect next. Read his post in the Baker Institute Blog.
This blog originally appeared in Forbes on April 21, 2020.
Middle East fellow A.Kadir Yildirim reviews the varied responses of Islamist groups in the Middle East to the Biden presidency and suggests that, in most cases, their reactions were crafted to further their political — not religious — objectives.
The $1.9 trillion American Rescue Plan Act, which became law in mid-March, left out the mandate to increase the federal minimum wage to $15 per hour, but it did lead to an open policy discussion about current minimum wage standards. In a post for the Baker Institute Blog, public finance fellow Joyce Beebe considers some of the pros and cons of increasing the minimum wage and possible future developments.
The U.S. oil, gas and coal industry largely rose and fell based on global economic and energy market conditions rather than federal energy and environmental policies implemented by the Trump administration, write the authors. As the world recovers from the COVID-19 pandemic, they expect markets to continue to shape the future of the oil and gas industry. Read more on the Baker Institute Blog.
In this paper, the author examines past attempts at immigration reform in the United States, especially as they pertain to the nation’s undocumented population. Analyzing these early reform efforts could be deeply instructive for the prospects of President Biden’s U.S. Citizenship Act and reveals both durable patterns and new developments that could shape the chances for legislative breakthroughs.
In late January 2021, the stock price of GameStop skyrocketed, causing the online trading platform Robinhood to suspend sales of its stock. What happened, and what tax policies are being proposed as a result? Public finance fellow Joyce Beebe explains on the Baker Institute Blog.
