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Center for Business and Public Policy - University of Illinois, Urbana-Champaign

This blog is designed to bring economic research and public policy together in a format that is easily accessible to policymakers, business leaders and concerned citizens. Faculty from the University of Illinois will be posting important national issues.
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An Example of Why Grandfathering Permits is a Bad Idea

Nov 26, 2009
A very Happy Thanksgiving to all of our readers out there! In a recently completed article titled “The Allocation of Permits in U.S. Climate Change Legislation”, Daniel Karney and I analyze the allocation of permits for a cap-and-trade plan...

Have an L-tryptophan-tastic Thanksgiving

Nov 25, 2009
The Baltimore Post presents: “The Benefits of the Bird.” “Get into an L-tryptophan-tastic Mood. Did you know that eating turkey can improve you mood and calm you down? Among other nutrients, turkey is rich in an amino acid called L-tryptophan, which...

A Solution in Search of a Problem: A Look at the "CLASS Act" Proposal for Federal Long-Term Care Insurance

Nov 24, 2009
Deep within the “Patient Protection and Affordable Care Act” – the short title of the 2000+ page health care bill winding its way through the Senate – is a provision that came from legislation previously known as the CLASS Act.  The CLASS...

Final Score on New Mammogram Recommendations: Everybody Else: 1 Blue Ribbon Panel: 0

Nov 19, 2009
This week the United States Preventive Services Task Force, an independent panel appointed by the Department of Health and Human Services to create guidelines for preventive care, revised the recommended screening regimen for breast cancer.  The New...

An Expected Surprise: The Doubling of the PBGC's Deficit

Nov 17, 2009
Last Friday, the Pension Benefit Guaranty Corporation (PBGC) announced that its deficit had doubled over the past year.  The PBGC is the government agency that insures defined benefit (DB) pension plans in the U.S.  While this doubling of the...


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