Issues

Fiscal Policies

Publications

By / 9.5.2017

The last retail revolution, the rise of the big box store, was not a good thing for the typical sales clerk or cashier. “Warehouse clubs” and “supercenters” started popping up everywhere in the late 1980s. Retail productivity as measured by the government doubled from 1987 to 2007, as this new retail format was more efficient […]

By / 7.11.2017

The saying “data is the new oil” is at times referenced by analysts working to assess whether our increasingly digital and data-driven world generates positive impact for our economy and society. However, this saying is imprecise. Data should not be compared to oil – it is not a scarce commodity, is nonrival, and cannot be […]

By / 4.12.2017

The election of Donald Trump to the presidency in 2016 has made policymakers and politicians in the U.S. much more aware of an important demographic group – the white working class – than before. We have ignored their plight and their concerns for far too long, and have grown much too complacent about the extent […]

Press

By / 8.1.2017

Donald Trump is infatuated with the 2016 election map, which underscores his dominance in red-coded rural counties. Candidate Trump repeatedly promised to “take care” of America’s rural voters who, in return, provided some of his biggest vote margins. It’s ironic, then, that on issues from budgets to healthcare, America’s heartland stands to become an early […]

By / 6.5.2017

To be elected president, Donald Trump rode a wave of anger and disillusionment among white non-college voters who are bitterly disappointed over their recent economic experiences and hopeless about their futures. Trump exploited their anger brilliantly, feeding them false hopes that he would restore their lost jobs in manufacturing and mining, thus resurrecting the pathways […]

By / 3.23.2017

Many Congressional Republicans regard Donald Trump as an interloper, so it’s not surprising that their political marriage of convenience is already showing signs of strain. They’re bickering over health care now, but the deeper source of discord is the basic incompatibility of conservatism and populism. During the campaign, Trump echoed Republicans in caricaturing Obamacare as […]

Blog

By / 10.5.2017

Policymakers across the United States are struggling to figure out how to adapt to swift changes in the American workforce. So-called “alternative work arrangements,” for example, are growing: in 2015, 15.8 percent of workers were independent contractors, temporary workers, contracted workers, or “gig” workers—a 50 percent increase in just a decade. Yet some efforts at […]

By / 12.6.2016

En los Estados Unidos hemos estado, con mucha razón, obsesionados con el resultado de las elecciones presidenciales. Pero el mundo sigue girando. Por ejemplo, la semana pasada Colombia ratificó un tratado de paz histórico entre el gobierno y el movimiento rebelde. PPI tuvo el privilegio de estar en Bogotá este octubre, donde realizamos un evento sobre la Economía […]

By / 11.2.2016

POLICIES FOR THE NEXT ADMINISTRATION. PART 8: FEDERAL BUDGET This is the eighth in a series on the major policy ideas — from Left and Right — that should guide the next presidential administration’s agenda. (For the opposing view, see James C. Capretta, “Fiscal Policy After the Election.“) Hillary Clinton’s agenda of investing in people and infrastructure is an important step to righting […]