September 2023, Paper: "Industrial policy is experiencing a global resurgence. The governments of Brazil, the European Union, South Africa, and the United States are just a few of…
August 2023, Paper: "There are few economic policies that generate more kneejerk opposition from economists than industrial policy. This has not stopped governments from making…
August 4, 2023, Opinion: "In the past, economists assessing the performance of industrial policies often focused on indicators such as import tariffs, capturing only limited…
The United Kingdom faces a good-jobs challenge. The British economy falls short on inequality metrics on the one hand, and average household disposable income levels on the other…
Who deserves to participate in local democracy? A wide body of research shows that property owners are deeply overrepresented in local political proceedings, especially those…
May 22, 2023, Paper: "We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other U.S. trade partners at the detailed…
March 2023, Paper: "We are today in the midst of a transition away from what has come to be called “neoliberalism,” with much uncertainty about what will replace it. We might…
This paper reviews and synthesizes the literature on the macroeconomic implications of human capital theory. I begin with a review of the canonical model of education and the wage…
March 9, 2023, Opinion: "With hyper-globalization in decline, the world has an opportunity to right the wrongs of neoliberalism and build an international order based on a vision…
For the past two years, a bipartisan group of researchers and analysts convened by the American Enterprise Institute, the Brookings Institution, and the Harvard Kennedy School’s…
