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September 23, 2024
Toward a Potential Grand Bargain for the Nation
…strengthening the link between pay and performance; maintaining educational standards and accountability while narrowing gaps by race and class; expanding school choice; and recognizing the role that parents and families…
June 4, 2024
What Comes After Neoliberalism?
…fiscal responsibility. The inflation to which it contributed is a major headwind in his quest for re-election. Finally, Biden’s regulatory agenda rejects the consumer-welfare standard in competition policy in favor of a…
April 18, 2024
Put Growth Back on the Political Agenda
In a campaign season dominated by the past, a central economic topic is missing: growth. Rapid productivity growth raises living standards and incomes. Resources from those higher incomes can boost…
March 7, 2024
Growing Congressional Dysfunction Will Worsen Our Fiscal Problems
…legislative capacity on the Hill. Congress is losing the sort of policy-making veterans it needs to craft and pass important legislation. Their reasons for leaving vary and often include Congress’s general inability to pass needed legislation. That dysfunction is evident in Congress’s long-standing failure to…
December 18, 2023
The State of Democratic Capitalism: 2023
…a century if successful. It would switch the baseline standard against which the level of competition in a market is measured. The “big is bad” standard judges competition by the…
December 14, 2023
The Myth of the 1%
…Department and David Splinter of the congressional Joint Committee on Taxation finds that the after-tax income share of the top 1% has barely changed since 1962. This stands in stark contrast to…
November 14, 2023
Forget the Economics of Grievance
…But Trump’s successes were deviations from his brand of nationalism-populism. Indeed, the two major economic policy accomplishments of the Trump years were standard conservative economic fare: needed reform of the…
September 29, 2023
How Well Is Rural America Doing? You’d Be Surprised
…very much a cosmopolitan elite in good standing. But that’s just part of her story. She also grew up in Danville, Pennsylvania, a town of about 5,000 in the heart of…
September 25, 2023
America Remains a Shining Beacon for the World
…immigrants (60 percent) believe their children’s standard of living will be better than theirs is now. Notably, the immigrant standard of living figure is higher than the share of US-born…
September 15, 2023
What Does a Good Economy Look Like?
…workers regaining more ground. But the sourness of public opinion on the economy seems to match up pretty well with Furman’s estimates. At the very least, no matter where we stand relative…