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Shannon Dailey

Articles by Shannon Dailey

New Research on Occupational Licensing, Data Privacy, and Medical Drones

2 days ago

Occupational Licensure Will Not Ensure the Provision of Capable and Competent Music Therapy Services
Jared Rhoads | State Testimony
In a recent state testimony, Jared Rhoads addressed occupational licensing for music therapists in New Hampshire. The typical argument put forth in favor of occupational licensure is that bringing the activity under the aegis of the state is necessary to ensure the health and safety of the public. Without such oversight, the argument goes, the public would be exposed to incompetent practitioners and the alleged harms that go with that exposure.
If New Hampshire passes HB 1286-FN, the most significant effect will be to create a regulatory barrier to new individuals who wish to help people through music therapy. By restricting licensure, this bill would incur

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New Research on FDA Reforms, California Housing Policies, Housing Affordability and Regulatory Reform, and Michigan CON Laws

9 days ago

FDA Drug Review Reforms
Anna Chorniy, Emma Blair, and James Bailey | Policy Brief
In their new policy brief, Anna Chorniy, Emma Blair, and James Bailey explore how various FDA drug review reforms could benefit the public. While the FDA’s role in assessing the safety and efficacy of new drugs is an important one, the authors explain how its lengthy review process costs patient lives.
The authors propose two reforms to the current inefficient process: post-launch monitoring and improved transparency, which could reduce time costs and still maintain a high standard for drug efficacy and safety.
Post-launch monitoring would allow the FDA to continue to monitor safety after approving new drugs. Reducing the review time before sending drugs to make would allow people to receive potentially

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The 12 Economists of Christmas: Ludwig von Mises

20 days ago

The season around Hanukkah, Christmas, and New Year’s Day is often seen as a time to put aside the hardships of everyday life and indulge in fun and good cheer. But how and why people celebrate these holidays is often different from person to person. Indeed, one reason people look forward to the holidays is that they can celebrate them in their own way.
Today’s economist of Christmas, Ludwig von Mises, is one of the founders of the Austrian school of economics. Mises’s writings on economics helped to shine a light on the dynamics of human action that underlie the political economy. He drew from his training and unique personal history to show how false economic assumptions about human behavior can have disastrous results for society.
Mises was born in 1881 in what is today part of Ukraine

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The 12 Economists of Christmas: Henry Hazlitt

23 days ago

Christmas might be the most wonderful time of the year, but soon after it’s over, most Americans must come to grips with a less joyous reality: tax season. Even before tax time arrives, the reality of high rates of taxation can dampen people’s enjoyment of the holidays, since it reduces the amount of disposable income they had hoped to have available for gift-giving, entertaining, and other holiday traditions.
While he did not explicitly address the effect of taxes on holiday cheer, economic journalist Henry Hazlitt understood this phenomenon well and wrote about it in his famous, best-selling book Economics in One Lesson. In the book, Hazlitt showed how taxes inhibit social mobility and stunt overall economic growth.
Hazlitt argued that taxes discourage economic and social mobility

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A Christmas Carol: Do-Gooders in Dickensian Times

December 20, 2019

Outside of the gospels, A Christmas Carol is probably the most famous Christmas story on earth. Dickens not only wrote a wildly imaginative story filled with wonderful characters, but he infused in it a plea for tolerance and generosity.
Not surprisingly, when most people think of this timeless novella, they recall Charles Dickens’s reflections on Christmas spirit and the true meaning of the holiday. But this story can shed light on important economic principles as well.
Purportedly written in a frenzied six weeks, A Christmas Carol was Dickens’s emotional response to the treatment of the poor. When reading this book (or almost anything by Dickens for that matter), the dismal socioeconomic landscape of England is vividly depicted. Indeed, in Dickens’s portrayals of the poor, particularly

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Research on Government-Subsidized Health Insurance, Anti-Aid Provisions, Occupational Licensing in West Virginia, and Higher Education's Future in the Labor Market

December 16, 2019

Reforming Government Subsidies to Private Health Insurance
Bradley Herring and Erin Trish | Research Paper
Because health benefits received from an employer do not currently have taxable income status, certain Americans with employment-based insurance enjoy coverage that is more generous than it otherwise would be. As a result, overall healthcare spending increases as people overconsume low-value medical care from these overly generous plans.
Bradley Herring and Erin Trish suggest that reforming how the government subsidizes private health insurance could prompt employers to switch to health plans that still satisfy the needs of their employees without going overboard.
The effects of these plans are distorted, one example being that the current tax exclusion favors older, sicker people,

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New Research on Delivery System Innovation and Medicaid Expansion

December 2, 2019

Delivery System Innovation Is the Key to Better Healthcare
Robert Graboyes | Testimony
Mercatus scholar Robert Graboyes recently testified before the Rural and Underserved Communities Health Task Force to discuss possible solutions and policy prescriptions to end the zero-sum game of healthcare policy. He suggests less emphasis on payment models and more focus on the delivery of care, which is more likely to increase quality of healthcare. 
He suggests a larger increase of resources by removing barriers and restrictions in healthcare across the country. The people most impacted by low quality healthcare services are those living in rural or underserved areas, and a fancy new insurance card won’t do half as much for those people as delivery system reforms would, and Graboyes suggests a

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New Research on Quantifying Regulation, Insider Trading Reform, and Regulatory Accumulation

November 18, 2019

Quantifying Regulation in US States
James Broughel, Patrick McLaughlin, Michael Kotrous | Data Visualization
To gain a better understanding of the reach of state-level regulation in the United States, the Mercatus Center at George Mason University launched the State RegData project and has gathered and analyzed the regulations of 46 states plus the District of Columbia. (Unfortunately, the regulatory codes of Arkansas, Hawaii, New Jersey, and Vermont were not able to be analyzed owing to data limitations.) Mercatus researchers then used text analysis and machine learning algorithms to quantify how many words and regulatory restrictions each state’s regulations contain as well as to estimate which sectors and industries of the economy those regulations are likely to affect. As in all

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New Research on Protectionism, CON Laws in Alaska and Florida, and FedNow

November 12, 2019

New Protectionism: Still Protectionism and Bad Economics
Veronique de Rugy | Policy Brief
Senior research fellow Veronique de Rugy’s latest research explores the era of “new protectionism,” exposing unfounded trade fears that have resulted in misguided policy prescriptions. She points to lessons from the past that should guide policy for the future, including examples from the US as well as the recent booming economies of East Asian countries. A misunderstanding of history and economics has created policies hostile to free trade. Putting so-called “fair trade” on a pedestal neglects the fallacies of  this approach and overlooks the many benefits of embracing comparative advantage. De Rugy points out the problems with tariffs, subsidies and quotas and concludes that historical trends show

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New Research on Import Restrictions and V2I Technology

November 4, 2019

Executive Incentives, Import Restrictions, and Competition
Brian Blank | Working Paper
In his new analysis on import restrictions, Brian Blank writes that tariffs have unexpected beneficiaries. Corporations and their top executives stand to benefit from import restrictions moreso than the domestic businesses and workers for which they are justified. Blank expounds specific import restrictions, like antidumping duties and countervailing duties, and shows the unintended consequences of import duties. 
Smart Cities, Dumb Infrastructure
Korok Ray and Brent Skorup | Working Paper
Autonomous vehicles are now shifting from a technological pipe dream to a realistic possibility, but US roadways are not ready to accommodate them. Korok Ray and Brent Skorup write that the US currently lacks the

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New Research on Regulation in Nebraska, the Ex-Im Bank, Rural Health, and Privacy in Technology

October 28, 2019

Cutting Red Tape in Nebraska
James Broughel | Testimony
In the realm of government oversight, some cases may call for regulation, but regulatory accumulation and introducing one regulation after another can have some serious consequences. Before sudden policy changes, regulators should prioritize quantifying regulation in order to get answers on the effects of regulatory policy. Specific reforms mentioned in this testimony are red tape reduction efforts, regulatory reset, and economic analysis requirements, innovative measures which deserve more emphasis. Examining Nebraska shows that they are one of the most well-positioned states to adopt these reforms. 
Comments on the Ex-Im Bank’s Proposed Additionality Criteria
Veronique de Rugy | Public Comments
De Rugy adds new considerations to her

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New Research on Inclusionary Zoning and the Need for Humility in Policymaking

September 23, 2019

Inclusionary Zoning and Housing Market Outcomes
Emily Hamilton | Mercatus Research
Mercatus research fellow Emily Hamilton’s new research paper explores the spheres of exclusionary and inclusionary zoning. Exclusionary zoning gives value to inclusionary zoning density bonuses. Without an underlying regime of exclu­sionary zoning, inclusionary zoning would be a clear tax on new housing construction, so inclusionary zoning can­not alleviate the underlying cause of supply constraints and housing unaffordability. Evidence indicates that inclusionary zoning makes housing less affordable for those not lucky enough to get a subsidized unit.
The Need for Humility in Policymaking
Stefanie Haeffele and Anne Hobson | Book
Regulations impact a wide array of market and social activities that influence

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