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January 12, 2024
When It Comes to the State of the American Economy, Let’s Keep It Real
…increase from eight percent in 1960. Then there’s research by my AEI colleague Michael Strain that found income inequality across all households—after accounting for taxes and government transfers and estimated with a Gini…
August 22, 2023
Is Paid Leave a Pro-Growth Policy?
…of some problem in the market), and benefit some groups at the expense of others. Indeed, as my AEI colleague Michael Strain has written, “Such micromanagement would almost surely result in…
August 21, 2023
Four Shocking Truths about the American Economy! (Well, Shocking to Some.)
…productivity growth and wage growth: “The Link Between Productivity and Wages Is Strong” by Michael R. Strain But this next chart tells a radically different story about productivity and pay,…
June 15, 2023
Instead of ‘Late Capitalism,’ Maybe the US Economy Is Still in ‘Early Capitalism’
…LC, at least as it applies to the American economy. This is a big one: According to calculations by AEI economist Michael Strain, real median wages grew by 34 percent from 1990…