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December 20, 2024
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…
December 17, 2024
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…
December 12, 2024
Introduction: Chairman Casey, Ranking Member Braun and members of the committee, thank you for the opportunity to testify on the critical issues facing aging and disabled members of the American…
December 5, 2024
This might be one of the most underappreciated facts of American public opinion: As controversial as the subject of immigration is, high-skill immigration isn’t controversial at all. A Pew Research…
December 5, 2024
With President Trump’s stunning return to power, Congress has the opportunity in 2025 to enact additional business tax cuts. One of their specific goals should be to make “full expensing”…
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…
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…
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…
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…
November 19, 2024
Donald Trump’s stunning and decisive return to power makes it official: We live in the Age of Trump. The 2008 global financial crisis was a turning point in history, and…