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October 21, 2024
US Tariffs Will Not Bring Back Jobs from China
Although protectionism has become a rare point of bipartisan consensus in America, the public debate about it gets some basic facts wrong. Yes, trade is disruptive, but the US has…
October 18, 2024
Harris and Trump Are Equally Silent on the Expanding US Debt
Donald Trump and Kamala Harris seem to agree that one of the nation’s most important challenges should remain unaddressed — a problem that has been slowly eroding the foundations of…
October 17, 2024
Harris’ Tax Plans Would Reduce Long-Term Prosperity. Trump’s Proposals Might Be Even Worse.
AEI Scholar and Director of Economic Policy Studies Michael R. Strain contributed to the Dispatch’s Symposium titled Economic Policy Experts: Doom, Thy Name Is Populism, as a group of experts outlined…
October 15, 2024
Why Should the US Wish to Be More Like China?
…https://twitter.com/MichaelRStrain/status/1846187710563623000 But why should the U.S. wish our economic policy to be more like China’s? From my AESG paper: China’s central planning will not be remembered as a long-term success. It…
October 9, 2024
Learning the Right Lessons from the “China Shock”
https://twitter.com/MichaelRStrain/status/1844047782505808245 An influential 2013 paper by economists David Autor, David Dorn, and Gordon Hanson finds an average reduction in manufacturing employment of 90,000 jobs per year from 1990 to 2007 because of…
September 5, 2024
Hurt Pennsylvania’s Workers to Win Pennsylvania’s Votes?
Have populist politics gotten so out of control that politicians believe they need to hurt Pennsylvania’s workers in order to win Pennsylvania’s electoral votes? Yesterday, the Washington Post reported: President Joe Biden is…
June 26, 2024
American Workers Are Doing Great. They Could Be Doing Even Better.
Editor’s note: This is one of a pair of essays responding to the Economic Innovation Group’s report, “The American Worker: Toward a New Consensus”, by Adam Ozimek, John Lettieri, and…
June 10, 2024
The Economic World We’ve Lost
…more countries adopt subsidies, any benefits from them become blunted. Taxpayer money may as well be lit on fire. While the IRA has strained international alliances, Trump would do even…
June 4, 2024
What Comes After Neoliberalism?
The steep tariff increases on Chinese goods that US President Joe Biden’s administration recently announced are just the latest in a long string of interventionist economic policies that fly in…
December 18, 2023
The State of Democratic Capitalism: 2023
…is wrong. Their solutions won’t work. That economic reality will lead to a political course correction. The future for democratic capitalism is bright. Michael R. Strain holds the Arthur F….