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December 18, 2023

The State of Democratic Capitalism: 2023

…is wrong. Their solutions won’t work. That economic reality will lead to a political course correction. The future for democratic capitalism is bright. Michael R. Strain holds the Arthur F….

November 14, 2023

Forget the Economics of Grievance

…onerous regulatory regime than existed during the Obama presidency. Read the full report. Notes A version of this report was originally published as Michael R. Strain, “Forget the Economics of…

October 31, 2023

It Takes Two

…family stability. Other research focusing on cultural change dates the shift in norms closer to the 1960s. Economists George A. Akerlof, Janet L. Yellen, and Michael L. Katz argue that the availability…

October 10, 2023

New White House Proposal to Further Alienate Religious Foster Parents

…the supporters of this policy are trying to accomplish, it’s instructive to look at the recent case in Massachusetts of Michael and Kitty Burke. The two were denied a foster-care license…

September 23, 2023

Did Pandemic Unemployment Benefits Increase Unemployment? Evidence from Early State-level Expirations

Abstract During the 2021 pandemic year, the generosity of Unemployment Insurance benefits was expanded (Federal Pandemic Unemployment Compensation [FPUC]) and eligibility for benefits was broadened (Pandemic Unemployment Assistance [PUA]). These…

September 15, 2023

Why Industrial Policy Fails

With Democrats and Republicans alike supporting a shift from free markets toward government planning, the United States has clearly entered a new era of economic policymaking. Yet all the reasons…

August 22, 2023

Is Paid Leave a Pro-Growth Policy?

…of some problem in the market), and benefit some groups at the expense of others.  Indeed, as my AEI colleague Michael Strain has written, “Such micromanagement would almost surely result in…

August 21, 2023

Four Shocking Truths about the American Economy! (Well, Shocking to Some.)

…productivity growth and wage growth: “The Link Between Productivity and Wages Is Strong” by Michael R. Strain But this next chart tells a radically different story about productivity and pay,…

January 5, 2023

Defending the American Dream with Michael Strain

Our interview this week is with the American Enterprise Institute’s Michael Strain. Michael is the author of The American Dream Is Not Dead: (But Populism Could Kill It), and we…

February 27, 2020

The American Dream Is Not Dead: A Book Event with Michael R. Strain

Event Summary On Thursday, AEI’s Michael R. Strain presented an overview of his book “The American Dream Is Not Dead: (But Populism Could Kill It)” (Templeton Press, 2020). In his…