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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
The Last Bipartisan Policy
Name a policy that Donald Trump, Kamala Harris, Ron DeSantis, and Gavin Newsome all support. And I don’t mean something they are passively allowing or a shallow endorsement of motherhood…
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…
September 10, 2024
America is Still Working
…Capital Project SCP Report No. 3-20, 2020, https://www.jec.senate.gov/public/index.cfm/republicans/2020/7/the-demise-of-the-happy-two-parent-home. [29] George A. Akerlof, Janet L. Yellen, and Michael L. Katz, “An Analysis of Out-of-Wedlock Childbearing in the United States,” Quarterly Journal…
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…