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May 7, 2025
…edited by Susan B. Carter, Scott Sigmund Gartner, Michael R. Haines, Alan L. Olmstead, Richard Sutch, and Gavin Wright. New York: Cambridge University Press, 2006. http://dx.doi.org/10.1017/ISBN-9780511132971.Ba652-103210.1017/ISBN-9780511132971.Ba652-1032. Estimates of agricultural employment…
April 3, 2025
If implemented, the tariffs announced yesterday by President Trump would constitute the largest tax increase since the 1968 levies to fund the Vietnam War. The details will matter, but my back-of-the-envelope calculation…
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 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”…
October 30, 2024
…Studies and a nonresident senior fellow at the American Enterprise Institute. Michael Pugh is a research associate at the Center on Opportunity and Social Mobility at the American Enterprise Institute….
October 21, 2024
Although protectionism has become a rare point of bipartisan consensus in America, the public debate about it gets some basic facts wrong. Yes, trade is disruptive, but the US has…
October 18, 2024
Donald Trump and Kamala Harris seem to agree that one of the nation’s most important challenges should remain unaddressed — a problem that has been slowly eroding the foundations of…
October 17, 2024
AEI Scholar and Director of Economic Policy Studies Michael R. Strain contributed to the Dispatch’s Symposium titled Economic Policy Experts: Doom, Thy Name Is Populism, as a group of experts outlined…
October 15, 2024
…https://twitter.com/MichaelRStrain/status/1846187710563623000 But why should the U.S. wish our economic policy to be more like China’s? From my AESG paper: China’s central planning will not be remembered as a long-term success. It…
October 9, 2024
https://twitter.com/MichaelRStrain/status/1844047782505808245 An influential 2013 paper by economists David Autor, David Dorn, and Gordon Hanson finds an average reduction in manufacturing employment of 90,000 jobs per year from 1990 to 2007 because of…