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October 9, 2024
Learning the Right Lessons from the “China Shock”
…it is about consumption, productivity growth, and wage growth. What, then, are the right lessons? There are two important lessons for economists and policymakers from the “China shock” literature. First,…
October 9, 2024
Two Cheers for California’s Ban on Legacy Admissions
…association. When they’re operating on their own dime, private colleges have a right to admit whom they like. At the same time, lawmakers have every right to write rules for public colleges…
October 3, 2024
Protectionism is Failing and Wrongheaded: An Evaluation of the Post-2017 Shift toward Trade Wars and Industrial Policy
…the US and Chinese economies. More fundamentally, the goals that have not been met are wrongheaded: policymakers should not pay inordinate attention to manufacturing employment, and the trade deficit is…
October 2, 2024
Higher Education: Making Education Beyond High School Work for All
…higher education as if it always pays off. Instead, policymakers should leverage market forces to reward forms of higher education that serve students well, and penalize those that do not….
September 24, 2024
Household Food Insecurity Rises Again – Inflation, especially for households ineligible for safety net programs, to blame
…insecurity rates in the U.S. And in recent years, policymakers have both temporarily and permanently increased benefits for recipients. Of particular note is the permanent increase in SNAP benefits (approximately…
September 20, 2024
Don’t Believe the Doomsayers. The American Dream Is Still In Reach for Young People
…connection.” In other words, policymakers should deemphasize cash transfer programs that provide public dollars directly to individuals, unconditionally. These “no-strings-attached” programs often have the behavioral effect of discouraging work. Instead,…
September 19, 2024
Government benefit programs already do a lot to help low income families
…whether to expand the CTC and by how much, policymakers should be aware of existing tax and transfer policies that already provide a substantial amount of support for low-income families….
September 16, 2024
A Pyrrhic Victory Against Student Loan Default
…Policymakers instead need to fix the issue at the source, by ensuring that the student loans extended to borrowers are within their expected capacity to repay. That means keeping college…
September 11, 2024
Doing Right by Kids: A Book Event
…school reform and properly assessing student outcomes, and AEI’s Beth Akers addressed the absence of accountability and some of the cultural issues surrounding higher education. The event concluded with a…
September 11, 2024
After Decades of Competitive Admissions, Getting into College Has Finally Become Easier
…admissions rates mean colleges must compete more fiercely to attract students, and for many that means slashing tuition. Policymakers should heed this lesson: a more competitive market in higher education…