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December 17, 2024
Letter to the Department of Government Efficiency on Possible Reforms to the US Welfare System
December 17, 2024
States Should Drop Accreditation Requirements for New Colleges
Key Points Read the full pdf. Introduction Accreditation is a major barrier to higher education reform. In a bid to reduce the agencies’ power over state universities, Florida and North Carolina have passed laws requiring public colleges to periodically change accreditors.1 Florida Governor Ron DeSantis spoke for many policy-savvy conservative leaders when he declared that you…
December 10, 2024
Fighting in-work poverty: the minimum wage versus in-work benefits
Abstract We review evidence on the effectiveness of the minimum wage versus in-work benefit policies in reducing poverty in OECD countries. The most credible evidence suggests that raising the minimum wage is an ineffective policy tool for reducing poverty. On net, minimum wage increases tend to redistribute rather than reduce poverty. In contrast, government subsidies…
December 2, 2024
Reforming State Authorization of Colleges to Boost Competition and Lower Tuition
Key Points Executive Summary Higher education suffers from barriers to entry. Though the ranks of students at traditional colleges have grown by 29 percent over the past three decades, the number of active institutions has declined. Four in five students today attend an institution that was founded before 1970, and virtually none attend a school…
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 questions about how AI could affect jobs and workers. Recent technical innovations have driven the rapid development of generative AI systems, which produce text, images, or other content based on user requests – advances which have the potential to complement…
November 20, 2024
Eliminate Federal Lending to Graduate and Professional Students; Revenue to Fund Block Grants to States
Graduate student lending is out of control. Students are effectively borrowing without limit to pay for graduate and professional schools, many of which offer little or no return on their investment. The status quo is untenable for both students, who bear the risk of taking on unaffordable debts amid uncertainty about the future of forgiveness…
October 30, 2024
American Opportunity Index 2024
The 2024 American Opportunity Index measures how well America’s largest companies drive economic mobility and positive career outcomes for their employees—actions that also can help fuel business performance. It is based on independent data and is the only measure of employer quality to evaluate what really happens to workers at America’s largest employers over time….
October 23, 2024
Work Requirement Waivers Increased FoodShare Caseloads and Costs in Wisconsin
Employment plays a crucial role in helping families escape poverty and move up the income ladder. The Temporary Assistance for Needy Families program, created through welfare reform in 1996, showed that linking government assistance to work could increase employment and decrease poverty among single-mother families. The Supplemental Nutrition Assistance Program, commonly known as food stamps,…
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 trade and of allowing markets to shape US industrial and employment composition. But the protectionism of the Trump and Biden administrations has not succeeded and…