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October 25, 2024
How Workforce Education Can Boost Earnings and Fill Jobs
Republicans and Democrats alike agree about the importance of workforce training. They’re right: Despite a recent labor-market cooling, there are still 7.7 million unfilled jobs in the United States. Unfortunately, America’s workforce-education system is a patchwork of dubious efficacy. Workforce programs are underfunded, tangled in red tape, and often fail to achieve their goals. Fixing this is hard: There’s…
October 8, 2024
The Longshoremen Are Making the Wrong Demands
They shouldn’t be trying to block automation. They should be trying adapt to it. The International Longshoremen’s Association ended a three-day strike last Thursday after reaching a deal with a consortium of port operators for a large wage increase for the the 47,000 dockworkers, phased in over the next few years. The deal gives both…
June 26, 2024
American Workers Are Doing Great. They Could Be Doing Even Better.
Editor’s note: This is one of a pair of essays responding to the Economic Innovation Group’s report, “The American Worker: Toward a New Consensus”, by Adam Ozimek, John Lettieri, and Benjamin Glasner. The other is by Paul Krugman of the New York Times. To the Economic Innovation Group’s attempt to articulate a “new consensus” about the American…
June 6, 2024
How New Graduates Can Thrive in a Workplace Dominated by AI
Dwight Eisenhower’s advice about plans and planning is still relevant today On June 6, the world will mark the 80th anniversary of the D-Day landings and the 40th anniversary of Ronald Reagan’s 1984 “the Boys of Pont du Hoc” speech honoring those who helped turn back the Nazi threat on the beaches of Normandy. We are now as far from Reagan’s speech as the speech was…
April 11, 2024
What a New Report on 10 years of AI Research Reveals
‘Lifelong learning’ is not just a buzzword. It’s a necessity as artificial intelligence changes the workplace As artificial intelligence advances, the landscape of work may be undergoing a seismic shift. The economic potential of this emerging technology is staggering; many predict that it will be a transformative force on par with innovations like the steam engine, electricity or the transistor. To paraphrase Bette Davis in “All About Eve,” “Fasten…
March 19, 2024
Conservatives Distrust Higher Ed—But Still Need Degrees
Ideological opposition to “woke” colleges and universities could harm conservatives and rural communities. American’s faith in our colleges and universities has seen a marked decline in recent years, with the percentage of adults who say they have “a great deal” or “quite a lot” of confidence in the institutions of higher education plunging from 57 percent to…
February 23, 2024
Study What You Love or Study What Will Make You Money?
There’s a better way to think about—and talk to young people about—college. When it comes to education, adolescents and young adults face a dilemma: to follow their intrinsic interests or to choose a course of study they think (or have been told) will secure their economic futures. For most, to ask this question is to…
February 20, 2024
The New Right’s Attack on Markets Is as Ignorant as the Old Left’s
In The Next American Economy (2022), Samuel Gregg provides a refreshing defense of free markets, emphasizing the need to frame the case for economic liberty within a broader narrative about America’s values and identity. We need this book to help reframe the disagreement over trade protectionism and industrial policy. Gregg opens by examining the alignment between former…
February 20, 2024
Planning a Career in the Age of AI
After decades of industrial robots, factory layoffs, and outsourcing, automation has finally arrived in the cubicle. A recent Wall Street Journal article spotlighted how the new “robots for the mind”—the complex algorithms and language models of generative AI—are creating rising uncertainty in the professional class. In the past, automation has generally been more of a concern for blue-collar workers, especially those in the…
January 31, 2024
Perspective: The ‘social workplace’ and why it matters to Zoomers
Social connections are increasingly as important as pay to younger workers. A mission-led workplace can help In his 1759 book “The Theory of Moral Sentiments,” Adam Smith observed that human sociality is the taproot of economics. The instinct to “truck, barter and exchange,” Smith argued, arises out of our need for others and is the…