December 17, 2024
Industrial Policy and Deficits: Dark Clouds for Democratic Capitalism
Democratic capitalism is a system that marries liberal democracy and free-market capitalism. This union creates…
December 5, 2024
Inflation Reduction Act Offers a General Lesson against Industrial Policy
With President Trump’s stunning return to power, Congress has the opportunity in 2025 to enact…
November 21, 2024
Artificial Intelligence and the Future of Work
Summary Advances in artificial intelligence (AI) promise to improve productivity significantly, but there are many…
November 19, 2024
A Trump Boom?
Donald Trump’s stunning and decisive return to power makes it official: We live in the…
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…
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…
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…
October 15, 2024
Why Should the US Wish to Be More Like China?
In my new paper for the Aspen Economic Strategy Group, I argue: The protectionism, trade wars,…
October 9, 2024
Learning the Right Lessons from the “China Shock”
An influential 2013 paper by economists David Autor, David Dorn, and Gordon Hanson finds an average reduction…
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…
September 23, 2024
Toward a Potential Grand Bargain for the Nation
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…