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October 3, 2024

Protectionism is Failing and Wrongheaded: An Evaluation of the Post-2017 Shift toward Trade Wars and Industrial Policy

Abstract The Trump–Pence and Biden–Harris administrations enthusiastically embraced protectionism. Each administration explicitly argued for a break from the bipartisan consensus of recent decades that has been generally supportive of free…

September 23, 2024

The Last Bipartisan Policy

Name a policy that Donald Trump, Kamala Harris, Ron DeSantis, and Gavin Newsome all support. And I don’t mean something they are passively allowing or a shallow endorsement of motherhood…

September 23, 2024

Toward a Potential Grand Bargain for the Nation

The views expressed in this report are those of the individual authors who collectively constitute the Grand Bargain Committee, co-chaired by Michael R. Strain and Isabel V. Sawhill. This report…

September 12, 2024

Surgeon general’s dour picture of parenthood misses the mark

…children involves more worry than joy. The surgeon general describes parenthood not only in terms of “heightened stressors” but also as a state of life marked by “isolation and loneliness,” “financial strain,”…

September 10, 2024

America is Still Working

…Capital Project SCP Report No. 3-20, 2020, https://www.jec.senate.gov/public/index.cfm/republicans/2020/7/the-demise-of-the-happy-two-parent-home. [29] George A. Akerlof, Janet L. Yellen, and Michael L. Katz, “An Analysis of Out-of-Wedlock Childbearing in the United States,” Quarterly Journal…

September 10, 2024

Event: New Census Data on American Families’ Economic Well-Being

…time since 2003. AEI’s Michael R. Strain described how 2023 marks a year of recovery and improvement, made possible by the Federal Reserve’s successful efforts to get inflation under control…

September 5, 2024

Hurt Pennsylvania’s Workers to Win Pennsylvania’s Votes?

Have populist politics gotten so out of control that politicians believe they need to hurt Pennsylvania’s workers in order to win Pennsylvania’s electoral votes? Yesterday, the Washington Post reported: President Joe Biden is…

August 5, 2024

Are Opportunity Zones an Effective Place-Based Policy?

…that suffer from disadvantage and underinvestment, which, at least in theory, could bolster economic growth of the nation as a whole and reduce strain on public benefit programs. The breadth…

August 2, 2024

Democrats’ Automatic Stimulus Proposals Undermine the Administration’s “Strongest Economy” Claims

…all governed by the Sahm rule. And last fall Senate Finance Committee Chairman Ron Wyden (D-OR), accompanied by Bernie Sanders (I-VT), Elizabeth Warren (D-MA), Michael Bennet (D-CO), and Sherrod Brown…

July 17, 2024

Key Takeaways from a New Report on Potential Unemployment Insurance Reforms

…huge new programs strained UI systems to the point of breaking. While the economy is currently healthy, it is critical that policymakers and states take steps to prepare for the…