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December 20, 2024
Fixing Inflation, Right-Sizing the Federal Government
Thirty years ago next month, Federal Reserve Board Chairman Alan Greenspan testified before a joint session of the House and Senate Budget Committees with talk of deficit reduction in the air. In January 1995, Republicans had just won control of both houses for the first time in 42 years. The federal debt had reached 48…
December 18, 2024
Employers Should Drop Hiring Preferences for “Elite 34” Colleges
How do you know if someone went to Harvard? They’ll tell you. If a recent Wall Street Journal story is any indication, though, that classic joke may soon be outdated. According to the Journal, some employers have dropped hiring preferences for graduates of elite universities—and a few even consider an Ivy League degree a black mark. The cases…
December 17, 2024
Make America Smart Again: The Jeopardy Test for Graduation
President-elect Donald Trump has signaled his intention to try to abolish the Education Department, long considered wasteful in a nation where public education is provided locally. If he were to succeed — a long shot, to be sure — state and local education overseers would have to step up to ensure quality education. On this front, the news is not promising….
December 17, 2024
Letter to the Department of Government Efficiency on Possible Reforms to the US Welfare System
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 tensions, and requires balancing competing aims. But this tension is healthy, not destructive — provided that democracy and capitalism are properly balanced, each sphere reinforces the other. Over the long term, capitalism requires liberal politics; and democracy will not maintain…
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 14, 2024
Why the Riskiest Situation NYC Foster Kids Can Face Is Visiting Their Birth Parents
Between 2020 and 2023, there were 2,154 cases of substantiated abuse and/or neglect of foster children in New York City. When New Yorkers read that statistic — taken from a recent City Comptroller’s audit of the Administration for Children’s Services — they might be shocked. Indeed, it might confirm their prior assumptions about how terrible foster care…
December 13, 2024
Economics & Data-Driven Inquiry
At the behest of New College Florida and the Global Freedom Initiative, AEI scholar Kevin Corinth joined a distinguished group of scholars and practitioners for the Symposium on Ideological Capture of Universities and Institutions to discuss the ideological capture—or politicization—of America’s educational, professional, and political institutions. Dr. Corinth, along with co-panelists Veronique de Rugy of the Mercatus…
December 12, 2024
Senate Special Committee on Aging Hearing on Empowering People with Disabilities to Live, Work, Learn, and Thrive
Introduction: Chairman Casey, Ranking Member Braun and members of the committee, thank you for theopportunity to testify on the critical issues facing aging and disabled members of the Americanworkforce. I’d like to frame my remarks on this topic in two different but interrelated dimensionsof concern: the practical demands of the American economy and the moral…
December 12, 2024
Which Men Cheat Least? Republican Husbands, Especially ‘Religious Wife Guys’
Republicans have an infidelity problem. If your only impression of Republican marriages was ripped from the latest headlines, this would seem to be a reasonable conclusion. But the picture appears different when we look beyond the headlines at the lives of ordinary Republican men. It turns out that Republican husbands, especially religious ones, are less…