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Research Archive

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 be sure — state and local education overseers would have to step up to ensure quality education. On this front, the news is not promising….

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 that democracy and capitalism are properly balanced, each sphere reinforces the other. Over the long term, capitalism requires liberal politics; and democracy will not maintain…

December 5, 2024

SNAP and the “Make America Healthy Again” Agenda

President Trump has committed to “Make America Healthy Again.” Part of the solution will involve addressing issues within the federal government’s nutrition assistance programs. His nominees to lead the Department of Health and Human Services (DHHS) and the US Department of Agriculture (USDA) will play a pivotal role in advancing this agenda. Nearly six in 10 Americans…

November 27, 2024

Finally, a Win for Working Men

Since the 1970s, working men, particularly those without college degrees, have experienced lower employment rates, increased social isolation and growing health risks. Today, we are starting to see early signs that this problem may be abating.   But lately, men have started going back to work. During most recessions, the male employment rate falls and never returns…

November 22, 2024

A Side Effect of the Booming Job Market: Wage Inequality Is Way Down

Lessons of the post-COVID economy. When voters tell you what they are concerned about, believe them. Exit polls from the presidential election the show that the economy ranked first among voters’ concerns at 32 percent, almost three times more than the next closest issue, immigration. A plurality of voters—45 percent—said that their financial situation was worse than…

November 21, 2024

A Local Option for Natural Gas Fracking

The 2024 election was a referendum on a wide range of issues, but there’s no doubt that increasing domestic fossil-fuel production—“energy dominance,” as Donald Trump now calls it—was on the ballot and won. Kamala Harris backed away from her past calls to ban fracking but nonetheless lost Pennsylvania, where voters seemed to doubt her sudden…

November 15, 2024

Calibration: Making AI a Partner at Work

Artificial intelligence (AI) is reshaping the workforce, yet the workers who stand to benefit the most are often the most wary of it. Lower-skilled and less-educated workers view AI as a threat, fearing job loss and marginalization. But research tells a different story. These workers could gain the most from AI—if they learn to use…

November 12, 2024

Irresistible Policy, Meet the Unmovable Labor Market

Gad Levanon, chief economist at The Burning Glass Institute, analyzed data relating to the share of undocumented workers in a wide variety of trades and lower-wage, lower-skilled occupations, as well as higher-skilled jobs in construction and manufacturing. Bear in mind that many of these occupations are related to housing, the largest contributor to our recent bout of high…

November 7, 2024

Introducing the “More Accurate Consumer Price Index”

Abstract Particularly since the 1990s, federal statistical agencies have worked to improve the ability ofvarious price indexes to measure changes in the cost of living. However, in recent years, somehave sent mixed signals to researchers about the relative merits of different measures. As aresult, academic and policy researchers routinely use theoretically and empirically inferior priceindexes…