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October 30, 2024

The Geography of Fertility — Where are the Babies?

…Studies and a nonresident senior fellow at the American Enterprise Institute. Michael Pugh is a research associate at the Center on Opportunity and Social Mobility at the American Enterprise Institute….

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 18, 2024

Pro-Marriage Conservatives Should Reject a Per-Child Phase-In of the Child Tax Credit

…reason to restrain a boost in the maximum credit amount. These three reforms are productive ways to increase the generosity of the credit, including for families with lower incomes. The…

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…

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…