Why Did Consumer Credit Scores Go Up during the Covid-19 Pandemic?
Policy Matters
The Covid-19 pandemic caused huge economic disruption for millions of Americans. Unemployment rose sharply. Many businesses – especially small ones – struggled to stay open. Yet consumer credit scores actually increased during the course of the pandemic. What explains this surprising result? What role did reduced household consumption play? How did government programs impact credit scores? And what will happen as the pandemic eases – and, with it, government relief measures? This episode’s guest is , Fellow in Public Finance at the Baker Institute and an expert on taxation. She has...
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What Does the Mexico City Subway Disaster Tell Us about Infrastructure in Mexico?
Policy Matters
On May 3, a subway collapse in Mexico City killed 26 people and injured scores of others. The collapse is a heart-breaking human tragedy. But it also raises important questions about Mexico’s approach to infrastructure. What does this disaster tell us about what could be called the culture of maintenance in Mexico? How is it related to budgetary austerity? Is corruption part of the problem? Will the disaster have an impact on upcoming mid-term elections in Mexico? This episode’s guest is . He is a research scholar at the Baker Institute Center for the United States and Mexico, with a focus...
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How to Understand the U.S. Withdrawal from Afghanistan
Policy Matters
In mid-April, President Joe Biden announced that there would be a full withdrawal of U.S. forces from Afghanistan by the symbolic date of September 11, 2021—twenty years after the 9/11 terror attacks. Though troop numbers in Afghanistan have declined in recent years, a complete withdrawal of the type described by Biden would be a notable new development in U.S. military strategy. What is the background behind this decision, and how has it been received in D.C.? How should we contextualize Biden’s pronouncement within the broader history of American foreign policymaking? This episode’s...
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Is There a Migrant Crisis at the Border?
Policy Matters
Growing numbers of undocumented migrants crossing the Mexico-U.S. border have raised a political firestorm in the United States, with some – particularly Republicans – calling the situation a “crisis.” Polling suggests that handling migration may be a weak spot in President Biden’s otherwise popular agenda. What are the numbers when it comes to undocumented crossings at our southern border? How is Biden’s approach different from Trump’s? Why is immigration reform so difficult in the United States? This episode has two guests. The first is , the Francoise and Edward Djerejian...
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“Assessing the Crisis in Yemen: Six Years On”
Policy Matters
For the past six years, Yemen has been the center of a heated armed conflict between its Saudi and UAE-backed government and the rebel group “Ansar Allah,” more commonly known as the Houthis, leading to countless deaths and internally displaced persons. On top of the global challenge of the Covid-19 pandemic, Yemenis are continuing to face dire health crises exacerbated by the war, causing what is widely regarded as the world’s worst humanitarian crisis. In the wake of a recent ceasefire proposal by Saudi Arabia, what is the current state of the conflict in Yemen? What are the broader...
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What Should the Biden Administration Do about U.S. Drug Policy?
Policy Matters
“The times they are a’changing,” however slowly, when it comes to drug policy in the United States. Across the nation, states and municipalities are reassessing often punitive laws governing the use of illicit substances. What has been the human cost of the “war on drugs?” How has it impacted disadvantaged communities? What has been the effect of the Covid-19 pandemic on drug use? And what steps should the new Biden Administration do to help foster a more humane and just approach to drug use? This episode has two guests. The first is , the Alfred C. Glassell, III, Fellow in Drug...
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The February Electrical Power Disaster in Texas: What Can Be Done to Avoid a Repeat
Policy Matters
In mid-February, a cold weather storm swept much of the United States. In Texas, the result was catastrophic, as skyrocketing electrical demand and plummeting supply led to massive, protracted blackouts across the state. The Electric Reliability Council of Texas (ERCOT), which operates most of the state’s electrical grid, has received an avalanche of criticism. What is ERCOT? What factors led to the mid-February blackouts? What can ERCOT and the state of Texas do to avoid similar disasters in the future? This episode has two guests. The first is , Wallace S. Wilson Fellow for Energy...
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Books That Shaped My World
Policy Matters
In May 2020, , the Mary Gibbs Jones Professor of Humanities and current chair of Rice University's History Department, became the first Rice professor to be honored with the Pulitzer Prize. His award-winning book, Sweet Taste of Liberty: A True Story of Slavery and Restitution in America, chronicles the life of Henrietta Wood, a freed slave who successfully sued one of her former owners. Since receiving the Pulitzer, Dr. McDaniel's book has only become more relevant in the midst of important conversations about racial justice in modern-day America. This podcast originally took place as an...
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What Can We Expect of the Biden Administration When It Comes to Immigration?
Policy Matters
President Joe Biden is committed to reversing his predecessor’s restrictive, often punitive approach to immigration. In general terms, how will his policies differ from those of President Donald Trump? What has Biden already done on the immigration front? What are likely new initiatives, particularly as they affect migration from Mexico and Central America? What are the advantages to a regional approach to migration from these countries? This episode’s guest is , the Francoise and Edward Djerejian Fellow for Mexico Studies and Director of the Center for the United States and Mexico at the...
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Covid-19 and the Transition to a Cashless Economy
Policy Matters
The Covid-19 pandemic in the United States has led to a sharp increase in cashless transactions. This is part of a broader trend toward electronic payments. What are the advantages of cashless transactions? How will their rise affect poorer households, particularly those which do not use banks and/or rely on alternative financial services? What security and privacy concerns does the shift toward cashless transactions raise? What are the prospects of a transition to an entirely cashless economy? This episode’s guest is , Fellow in Public Finance at Rice University’s Baker Institute for...
info_outlineGlobal oil markets are still reeling from the disruptions of the spring – especially the ongoing Covid-19 pandemic. How are oil markets handling this turbulence? What is the situation with other energy sources, such as natural gas, coal, and renewables? What impact will a Biden Administration have on the US energy sector? And what can much-maligned international oil companies do to regain public trust?
This episode’s guest is Mark Finley. He is the Fellow in Energy and Global Oil at Rice University's Baker Institute. Mark has 35 years of experience working at the intersections of energy, economics and public policy.