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December 20, 2024
Fixing Inflation, Right-Sizing the Federal Government
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 18, 2024
Employers Should Drop Hiring Preferences for “Elite 34” Colleges
How do you know if someone went to Harvard? They’ll tell you. If a recent Wall Street Journal story is any indication, though, that classic joke may soon be outdated. According to the…
December 17, 2024
Make America Smart Again: The Jeopardy Test for Graduation
President-elect Donald Trump has signaled his intention to try to abolish the Education Department, long considered wasteful in a nation where public education is provided locally. If he were to succeed — a long shot, to…
December 17, 2024
Industrial Policy and Deficits: Dark Clouds for Democratic Capitalism
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 17, 2024
States Should Drop Accreditation Requirements for New Colleges
Key Points Most states require private degree-granting universities to gain recognition from an accrediting agency to operate. Accreditation is a significant barrier to entry in higher education. Accreditors force colleges…
December 13, 2024
Economics & Data-Driven Inquiry
At the behest of New College Florida and the Global Freedom Initiative, AEI scholar Kevin Corinth joined a distinguished group of scholars and practitioners for the Symposium on Ideological Capture…
December 11, 2024
US Students Best Other Nations—in Achievement Gap Growth
US scores on the 2023 Trends in Mathematics and Science Study (TIMSS) are another sign not only that American students are losing ground in math and science, but that the…
December 11, 2024
Some College Graduates Are Taking Lower-Paying Jobs
The promise of higher education is to equip students with new ideas and skills that will help them land higher-paying jobs. For many students, this dream comes true—but that is…
December 10, 2024
Fighting in-work poverty: the minimum wage versus in-work benefits
Abstract We review evidence on the effectiveness of the minimum wage versus in-work benefit policies in reducing poverty in OECD countries. The most credible evidence suggests that raising the minimum…