SEARCH: Melissa S. Kearney

Economic Strategy Group Statement on COVID-19 Pandemic and Economic Crisis

The COVID-19 pandemic is at once threatening American lives, the sustainability of our nation’s health care system, and our economic prosperity. Our paramount concern at this moment should be to slow the spread of this virus and equip our health care system to effectively respond. Saving lives and saving the economy are not in conflict right now; […]

Universal Basic Income (UBI) as a Policy Response to Current Challenges

Overview: There is growing concern that current US transfer and social welfare programs are ill-equipped to address widening income inequality, stagnant income growth, declining economic mobility, and the negative impact of automation. This has led to a renewed debate over the merits of a Universal Basic Income (UBI) program and its capacity to address these […]

Washington Post: Americans are being left behind. Here’s how we fix it.

Originally published on Washington Post. Many Americans are being left behind by today’s modern, global economy, and they are justifiably angry about it. Growing numbers of people feel our economic and political systems are rigged against them. And it’s no wonder why. Recent progress in low- and middle-income wage growth is a blip against decades […]

Taskforce Report: Promoting Economic Recovery After COVID-19

The federal government’s fiscal and monetary responses to the economic crisis caused by the COVID-19 pandemic have been unprecedented. However, we argue that as many of the enacted fiscal measures begin to expire over the next two months, continued policy action will be needed to promote economic recovery. This report puts forward a set of […]

Business Insider: The Math Is Clear: Universal Basic Income Is A Terrible Idea

Originally published on Business Insider. It’s not a new idea, but few could have predicted that talk about universal basic income (UBI) would be receiving as much attention as it is today — especially among candidates for president of the United States. Andrew Yang has made UBI the cornerstone of his campaign and is now […]

Economic Strategy Group Member Statement, December 2019

Aspen Economic Strategy Group (AESG) Member Statement December 2019 We, the undersigned members of the AESG, have collectively worked at the highest levels of the policy, business, government, academic, and civic communities. We believe that our nation’s economic policies need to be adjusted so that more people participate more fully in our economic success. We […]

The Need to Expand Economic Opportunity

  The pursuit of economic opportunity for all Americans is as important to the health of the country’s economy as it is to the strength of its democracy. The promise that hard work and determination will yield economic success is a central American ideal, but it has been called into question as secular economic forces […]

New York Times: How to Get Americans to Love Capitalism Again

Originally published in New York Times. American capitalism is at a serious inflection point. Many Americans, including the two of us, are alarmed by enormous levels of inequality and by declining economic mobility. We are concerned that in many cases American markets are no longer the most competitive in the world. And, we worry that […]

Melissa S. Kearney

MELISSA S. KEARNEY is the Neil Moskowitz Professor of Economics at the University of Maryland. Kearney’s research focuses on poverty, inequality, and social policy in the United States. Her work has been published in leading academic journals and frequently cited in the press. She is also director of the Aspen Economic Strategy Group; a research […]