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December 2, 2024
Utah has been at the forefront of a national conversation about how to grow and strengthen families, thanks in part to the leadership of Gov. Spencer Cox. I recently invited Cox to speak at the University of Virginia about Utah’s initiatives that enable strong families, as well as the governor’s efforts to protect teens from…
December 2, 2024
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…
December 2, 2024
Abstract We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then plummeted after 1970. The productivity boom from 1940 to 1970 shows that nothing makes technological progress inherently impossible in construction. What stopped it? We present…
November 27, 2024
Since the 1970s, working men, particularly those without college degrees, have experienced lower employment rates, increased social isolation and growing health risks. Today, we are starting to see early signs that this problem may be abating. But lately, men have started going back to work. During most recessions, the male employment rate falls and never returns…
November 25, 2024
Education Secretary nominee Linda McMahon, a former administrator of the Small Business Administration, is a proponent of expanding Pell Grants to short-term workforce education programs. In a September op-ed, McMahon boosted the Bipartisan Workforce Pell Act, which would allow students to use Pell Grants for high-quality workforce education programs as short as eight weeks in duration (the…
November 22, 2024
Lessons of the post-COVID economy. When voters tell you what they are concerned about, believe them. Exit polls from the presidential election the show that the economy ranked first among voters’ concerns at 32 percent, almost three times more than the next closest issue, immigration. A plurality of voters—45 percent—said that their financial situation was worse than…
November 21, 2024
The 2024 election was a referendum on a wide range of issues, but there’s no doubt that increasing domestic fossil-fuel production—“energy dominance,” as Donald Trump now calls it—was on the ballot and won. Kamala Harris backed away from her past calls to ban fracking but nonetheless lost Pennsylvania, where voters seemed to doubt her sudden…
November 21, 2024
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 21, 2024
Is common ground possible in an age of extreme polarization? Perhaps! “Toward a Potential Grand Bargain for the Nation” is a new report by a group of experts from think tanks and academia meant to share consensus “policies in each of these areas: economic growth and mobility; education; environment; health; taxes; and the federal budget.”…
November 20, 2024
President-elect Donald Trump and his top advisors have announced plans to create a Department of Government Efficiency (DOGE), a commission tasked with slashing wasteful spending throughout the federal budget. One place they could start is the federal student loan program. The federal government loses tens of billions of dollars per year on lending to graduate students, a…