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In the News

  • Rubio champions net neutrality repeal

    A study released by the Institute for Policy Integrity in October describes how a weakening of the principle of network neutrality might impact the Web. Based on an analysis of Internet usage, it finds that Internet infrastructure and content work together to generate huge economic benefits for consumers—possibly as much as $5,686 per user, per year.

    Eliminating network neutrality, as some have proposed, may reduce incentives to invest in Internet content and infrastructure.

  • Balanced Justice: Cost-Benefit Analysis and Criminal Justice Policy

    The NYU study represents a smart new way of looking at an old problem; an economic evaluation that strips away some of the emotion (and demagogeury) that surrounds any discussion of crime and justice. It’s easier to be “tough on crime” when you can pay the price, right? But now we can’t. And the collective poverty within our criminal justice systems isn’t going to ease on its own. So bring in the economists! And let the stale, old law-and-order crowd step aside.

  • Inst. for Policy Integrity’s Livermore says pacing of air rules in line with past administrations

    How does the Obama administration’s pace on new regulations compare to those of previous administrations? During today’s OnPoint, Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, explains why he believes the Obama EPA’s rollout of new rules is in line with previous administrations. Livermore also discusses why this round of air regulations has garnered so much attention.

  • Yes, We’re Still Causing Climate Change & Yes, It’s Still Bad

    That’s why there is an economic consensus that we should put a price on carbon emissions (Figure 4), and why Nobel Prize-winning economist Paul Krugman called putting a price on these emissions “Econ 101”. New York University School of Law Institute for Policy Integrity survey of economists with expertise in climate, results when asked under which circumstances the USA should reduce its emissions.
  • Reality ruins another GOP talking point

    Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, told Bloomberg the regulatory issue is “getting picked up and talked about, but not for any good reason.”

  • Obama Wrote 5% Fewer Rules Than Bush While Costing Business

    “This is getting picked up and talked about, but not for any good reason,” Michael Livermore, executive director of the Institute for Policy Integrity at the New York University School of Law, said in an interview. “There’s nothing new about this attack: It comes and goes in good times and in bad.”

  • Can Criminal Justice Be Quantified?

    There’s an interesting study out from the NYU School of Law which buttresses the argument that America would save a ton of money down the road, and make life easier for many of its citizens, if lawmakers today were able to muster up the moxie to remodel criminal justice systems. It’s a concept that requires political foresight and a patient public, which means most politicians and their constituents will blindly reject it, but I hope serious people everywhere take a long look at this.

  • Crunching the numbers on criminal justice

    A new report out today from NYU’s Institute for Policy Integrity encourages policymakers to apply an economic analysis to criminal justice policy. And such an analysis, the report says, would reach this conclusion: “Public safety can be prioritized and even improved at a lower cost than traditional incarceration, using techniques like behavioral therapy for young offenders, intensive supervision, or a new iteration of a drug court. “

  • The Economic Benefits of an Open Internet

    Corporate opponents of Net Neutrality have been arguing that rules protecting an open Internet will stifle innovation and economic growth. But a new study says that is just plain false.

    New York University Law School’s nonpartisan Institute for Policy Integrity says the Internet generates huge economic benefits for consumers – as much as $5,600 per user, per year.

    Executive director Mike Livermore explains that the infrastructure of the Net – the wires, cables and other hardware – and the content that flows through that hardware – combine
    to create value for the user. Livermore says that without Net Neutrality rules to keep the Internet an open, level playing field for everyone who uses it, the value to users could diminish.

  • Net Neutrality and The Value of The Internet

    A study by the Institute of Policy and Integrity at New York University has crunched some numbers and determined that the combination of network infrastructure and content that comprise the Internet offers significant economic value to consumers. The authors describe their methods below:

    “The results suggest that the consumer surplus generated by the Internet is very large. The average survey respondent spent 114.5 minutes a day on the Internet recreationally. The benefits that use generates are equivalent to 5.2 percent to 7.1 percent of income. If we use the median income value of Pew’s survey, we find that individual consumers collect between $4,155 and $5,686 worth of value from the Internet per year. This estimate is big, but it is in the same neighborhood as those found by Goolsbe and Klenow. They found that the consumer benefits of the Internet were somewhere between 2 percent and 3 percent of total income. The amount of time consumers spend on the Internet suggests that they receive a great deal of benefit from access.”