The ideal solution for the too-big-to-fail problem is to allow firms to fail in an orderly manner through an improved Bankruptcy Code.
New York’s “Excelsior Scholarship” program has admirable goals but also several drawbacks that have stirred up controversy.
Any city, no matter how well-prepared, would have been overwhelmed by Hurricane Harvey, but it was Houston’s old and aging infrastructure that left it uniquely exposed.
Among the most important challenges facing our nation today is the need to invest in infrastructure. Today, we are living at risk: driving on eroding roads and bridges, questioning whether our water is safe to drink, and falling behind economically. With these problems growing worse, it’s time for the Great American Rebuild.
Expanding the LDRD program would be an important step toward restoring some of the flexibility and autonomy of the national labs.