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September 30, 2024
Our Academic Productivity After the Council of Economic Advisers
Abstract Gordon Tullock wrote that government economists found capable of “firefighting” are assigned to do more of it, “with the result that the higher ranks of government economists aren’t able to read.” We here offer ourselves as confounding data points, for our experiences have been otherwise. We read a lot. This article reports how doing…
October 27, 2023
What Happened to the American Dream?
In the agonized debates over how it can possibly be that Donald Trump has such a strong chance of being returned to the White House in 2024, it’s important to stress the ways in which the Trump economy, before the arrival of Covid, departed in positive ways from the trends of the last half-century. Trump’s presidency was…
March 15, 2023
Can Businesses Boost Upward Mobility?
Event Summary On March 15, AEI and the Brookings Institution convened a panel of labor economists and experts to discuss the role businesses play in advancing upward mobility for workers. AEI’s Brent Orrell moderated the discussion among the panelists. Harry Holzer of Georgetown University spoke first about the economics of good and bad jobs and…
February 13, 2023
The Eerie Familiarity of California’s Boom-Bust Cycle
Those trying to ride a corporate unicorn to a major IPO should consider the lessons of their nineteenth-century forebears. On January 24, 1848, James Wilson Marshall, a carpenter from New Jersey who had taken up residence near Sutter’s Fort in northeast California, was attempting to establish a timber mill to feed burgeoning construction in nearby…