With over $130 billion in PPP funding still unused as of early June, a more inclusive and comprehensive set of lending regulations would help streamline the loan process and provide small businesses with much-needed funds. Continue Reading
This post explores the software systems used by state and federal governments to implement three provisions of the CARES Act and the underlying causes behind their technological failures. Continue Reading
Although fewer than 1% of employees were furloughed in the Great Recession of 2007-2009, the coronavirus pandemic of 2020 has triggered a record number of furloughs. Large companies including Disney and Best Buy have furloughed thousands of workers. Continue Reading
The initial relief appropriations of the CARES Act have been exhausted, but the needs of small business remain massive and urgent. Congress should move quickly but thoughtfully to approve additional funding for small business assistance, with improved procedures for approval and allocation. Continue Reading
While Houston already has certain critical elements of a healthy entrepreneurial ecosystem, policymakers should primarily focus on facilitating more relational support for entrepreneurial firms. Continue Reading
The role of agglomeration in stimulating investment, innovation and entrepreneurship is more complex than recent commentators may suggest, and economists continue to scrutinize the optimal geographic conditions that constitute successful entrepreneurial ecosystems. Continue Reading
Though the stated policy of recent tariffs on Chinese goods is to protect American business, small businesses may be at a relative disadvantage. Continue Reading