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Big Ideas

These stories are conceptual--food for thought.
Attorney Fees in Patent Cases: There is a Middle Ground Michael M. Rosen 06/18/2014
Automatically awarding attorney fees to the prevailing party, at least in patent cases, would be a grave mistake and wreak havoc on our legal system.
Are the U.S. Dollar’s Days Really Numbered? Desmond Lachman 05/19/2014
The U.S. dollar will remain the world's reserve currency because no other major currency offers such liquidity, depth of financial markets, and store of value.
Time for a New Contract with America John Steele Gordon 05/16/2014
One way to turn probable pick-ups into a 1994-style rout this midterm would be for the Republicans to, once again, nationalize the election with a new Contract with America, positioning themselves credibly as the party of real reform.
Bernard Mandeville, Psychiatrist in the Marketplace Edward Tenner 05/10/2014
Published 300 years ago, what made The Fable of the Bees radical wasn’t the idea that the passions could serve the public good. It was that the burgeoning consumer society should follow the free play of human desires rather than Christian or classical ethics.
Lost, in Theory Robert McHenry 05/01/2014
A new book holds that full and faithful translation from one language to another is not possible, hence World Literature cannot be.
Job Security for Poor Performers Andrew G. Biggs 04/30/2014
Job security for public employees comes at a cost to government and the public. Firing the poorest-performing teachers may be the biggest free lunch available in education policy.
Congress Should Promote Charter Schools Arnold Kling 04/06/2014
States are inhibiting educational entrepreneurship; Congress should step in and provide funding to states to facilitate further charter school growth.
Tribal Wisdom in Modern Times Michael M. Rosen 03/19/2014
An ambitious new book grapples with some of the thorniest socio-moral questions ever to have bedeviled political philosophers, falling short when it attempts to apply its meta-morality to a practical issue.
Can Obama Punt Keystone into 2016? Kenneth P. Green 02/04/2014
The proposed Keystone XL oil pipeline has taken more than five years to approve and Washington bureaucracy will likely delay it for months if not years to come, at the expense of real, market-driven job creation.
The Efficiency of a Carbon Tax: Broadly Accepted and Broadly Wrong Benjamin Zycher 01/31/2014
The standard assumption about the superior efficiency of a carbon tax relative to bans and energy consumption standards is deeply problematic for both scientific and political reasons.
 
AEI