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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…
September 3, 2024
Event: New Census Data on American Families’ Economic Well-Being
…Opportunity and Family Policy Studies, Cato Institute Bradley Hardy, Associate Professor, McCourt School of Public Policy, Georgetown University Michael R. Strain, Director, Economic Policy Studies, American Enterprise Institute Scott Winship,…
August 5, 2024
Are Opportunity Zones an Effective Place-Based Policy?
…that suffer from disadvantage and underinvestment, which, at least in theory, could bolster economic growth of the nation as a whole and reduce strain on public benefit programs. The breadth…
June 18, 2024
A Unified Theory of Education
…worthy of this great nation. That’s where a unified theory just might help. Frederick M. Hess is the director of education policy studies at the American Enterprise Institute. Michael Q….
June 10, 2024
Employment and Labor Supply Responses to the Child Tax Credit Expansion: Theory and Evidence
Abstract The 2021 Child Tax Credit (CTC) expansion increased government benefits to families, and especially to families with the lowest incomes. Economic theory predicts that this policy intervention would have…
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…
May 13, 2024
The American Dream Is Alive and Well (and the Problem of US Inequality Greatly Exaggerated)
Don’t listen to the populist naysayers: The U.S. economy continues to deliver jobs, higher wages and upward mobility for those who need it most. What do former President Trump and Bernie Sanders have…
January 30, 2024
How Sensitive Are Single Mothers’ Work Decisions to a Change in Incentives? Correcting Misperceptions of the Evidence
…p. 2715-2717; EITC-eligible families w/ children (incl. married) Lippold (2019) 0.4-1.0 — Y p. 43-45 (lower-income parents, not just single mothers); unpublished Schanzenbach and Strain (2020) 0.9-1.5 — Y Corinth…
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….