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June 18, 2025
The (Non) Effect of Tariffs on Manufacturing Employment
This paper is a chapter in the volume The Economic Consequences of the Second Trump Administration: A Preliminary Assessment, published by The Center for Economic and Policy Research. Introduction President Trump…
April 28, 2025
You Autor Know
Along with many other controversial issues in 2025, Americans are at odds over the merits of tariffs. Underlying this debate is a more specific one—the impact of increased trade with…
October 3, 2024
Protectionism is Failing and Wrongheaded: An Evaluation of the Post-2017 Shift toward Trade Wars and Industrial Policy
Abstract The Trump–Pence and Biden–Harris administrations enthusiastically embraced protectionism. Each administration explicitly argued for a break from the bipartisan consensus of recent decades that has been generally supportive of free…
September 23, 2024
Toward a Potential Grand Bargain for the Nation
The views expressed in this report are those of the individual authors who collectively constitute the Grand Bargain Committee, co-chaired by Michael R. Strain and Isabel V. Sawhill. This report…
May 14, 2024
Understanding Trends in Worker Pay over the Past 50 years
Key Points Despite numerous claims to the contrary, the pay of American workers has tracked productivity trends—for at least 95 years. The pay of the median worker, however, after rising…
November 14, 2023
The Comeback City
Introduction “Given New York Today, Could Anyone Lead It?” So bemoaned a 1991 New York Times headline after decades of failure and futility.1 Crime was endemic, schools were failing, poverty…
November 14, 2023
Forget the Economics of Grievance
Introduction Donald Trump’s ascendancy has inflicted many changes on the right, including substantially altering its posture on economic issues.1 Where this blend of economic nationalism and conservative populism has been tried,…
April 28, 2023
The Evidence on Family Affordability
Key Points A narrative has emerged concluding that it has become too expensive in the US to afford a family. Although different measures of income show different trends, household and…
December 14, 2022
Bringing Home the Bacon: Have Trends in Men’s Pay Weakened the Traditional Family?
Key Points Both the populist right and left claim that raising a family on one income has become harder and that men’s declining economic prospects are behind rising single parenthood….
September 12, 2022
Section 199A and “Tax Parity”
Key Points The Tax Cuts and Jobs Act included a new deduction for pass-through business income (Section 199A), allowing taxpayers to deduct up to 20 percent of qualifying business income…