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Scaling Apprenticeship to Increase Human Capital

  The 2016 election heightened an ongoing debate in the United States about how best to respond to two of the foremost economic challenges of the current era: stagnant wages and a dearth of promising career prospects for American workers without a bachelor’s degree. These challenges persist despite a dramatic increase in recent decades in […]

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; […]

A Policy Agenda to Develop Human Capital for the Modern Economy

  Globalization and technological innovation have intensified the demand for college- educated workers. In 2017, college graduates earned 65% more than non-college- educated workers and were twice as likely to be employed. This proposal recognizes the simultaneous need for more college educated workers and also for a higher level of labor market skill among non-college […]

Introduction: Maintaining The Strength of American Capitalism

A national debate about the strength and fairness of American capitalism is taking place against a backdrop of vast levels of income and wealth inequality, growing pessimism about the state of economic opportunity and mobility, increased market concentration in many sectors, and a precarious fiscal situation. Restoring the promise of America’s capitalist system will require […]

Economic Strategy for Higher Wages and Expanded Labor Participation

We propose two alternative policy options for promoting increased earnings and employment of low-income households: expanding the Earned Income Tax Credit (EITC) among childless workers, and implementing a wage subsidy for low-income workers that would be administered through employers. The EITC is based on household income and administered as a tax credit, while the subsidy […]

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 […]

Kristin Forbes

KRISTIN J. FORBES is the Jerome and Dorothy Lemelson Professor of Management and Global Economics at Massachusetts Institute of Technology’s Sloan School of Management. She has regularly rotated between academia and senior policy positions. From 2014 to 2017 she was an external member of the Monetary Policy Committee for the Bank of England. From 2003 […]

Magne Mogstad

MAGNE MOGSTAD is the Gary S. Becker Professor in Economics at the University of Chicago and the director of the Ronzetti Initiative for the Study of Labor Markets at the Becker Friedman Institute. His primary research fields are labor economics, public economics, and economic inequality, and his research focuses on how to address market failures […]

Greg Ip

GREG IP is chief economics commentator for The Wall Street Journal. He writes about domestic and global economic developments and policy in the weekly Capital Account column. From 2008 to January, 2015, he was United States economics editor for The Economist, based in Washington, D.C. Ip has won or shared in several prizes for journalism. […]

Janet Murguía

JANET MURGUÍA is president and chief executive officer  of UnidosUS, the largest national Hispanic civil rights and advocacy organization in the United States. Since 2005, Murguía has sought to strengthen UnidosUS’s work and enhance its record of impact as a vital American institution. Murguía has also worked to amplify the Latino voice on issues affecting […]