Current political and economic issues succinctly explained. Under both the Donald Trump and Joe Biden administrations, the U.S. government has had a seemingly unquenchable thirst for national security ...

Forbes contributors publish independent expert analyses and insights. Fred L. Smith Jr. Fellow at the Competitive Enterprise Institute. Draft Report to Congress on the Benefits and Costs of Federal ...

Conservatives once promoted cost-benefit analysis to check the administrative state—until it got better at measuring the huge benefits of regulation. It’s the end of an era. The GOP, in the person of ...

The social cost of carbon (SCC) quantifies the economic damage associated with emitting a ton of carbon dioxide into the atmosphere. Regulatory impact analyses from U.S. federal agencies utilize the ...

Under the Trump administration, the Securities and Exchange Commission is in the process of revamping its approach to the cost-benefit analysis it performs in support of its regulatory actions. These ...