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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 5, 2024

Inflation Reduction Act Offers a General Lesson against Industrial Policy

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”…

December 2, 2024

The Pursuit of Happiness Starts with Families: A Conversation Between Brad Wilcox and Gov. Spencer Cox

…We wanted to make sure that first of all, the government wasn’t harming families. We should be encouraging and incentivizing marriage. BW: Five years ago, my colleague Michael Toscano and I…

November 19, 2024

A Trump Boom?

Donald Trump’s stunning and decisive return to power makes it official: We live in the Age of Trump. The 2008 global financial crisis was a turning point in history, and…

October 30, 2024

The Geography of Fertility — Where are the Babies?

…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

US Tariffs Will Not Bring Back Jobs from China

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

Harris and Trump Are Equally Silent on the Expanding US Debt

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

Harris’ Tax Plans Would Reduce Long-Term Prosperity. Trump’s Proposals Might Be Even Worse.

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

Why Should the US Wish to Be More Like China?

…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

How to Make Millionaire Teachers

The very best teacher in America makes about the same salary and teaches about the same number of students as the very worst teacher. This is because we treat educators…