Policy Memo

By / 9.26.2016

When Americans think of trade, we tend to focus on large, world-leading multinationals. We usually don’t think of a small food exporter like Pacific Valley Foods, which started in a couple’s home office, or of The Pro’s Closet, an online global reseller of used biking gear founded by a pro cyclist. But, like these businesses, […]

By / 9.8.2016

The college affordability crisis looms large for working and middle class Americans. Parents and students are reeling from record levels of student loan debt and ever-increasing tuition hikes. Total student loan debt is now a record $1.26 trillion and the typical 2016 college graduate has $37,172 in student loan debt, up six percent from last […]

By and / 4.14.2016

In 2002, researchers from the Brookings Institution and the Progressive Policy Institute (PPI) wrote a groundbreaking study entitled “The Price of Paying Taxes: How Tax Preparation and Refund Loan Fees Erode the Benefits of the EITC.” This report was one of the first to highlight the costly dependence of low-wage workers on national tax preparation […]

By / 3.10.2016

The next generation of wireless is on the horizon.1 While the standards for 5G are not yet finalized, it’s clear that when 5G does arrive, it will mean faster streaming video, lower latency, and higher capacity. Companies such as AT&T, Verizon, T-Mobile, Ericsson and Nokia are in test mode, with widespread consumer rollout of 5G […]

By / 1.7.2016

The first time I visited a Summit Public School, in February 2014, I pulled up in front of a long, low, one-story building in an office park setting. I was sure I had the wrong address—but no, there was a sign. This was Summit Denali, in Sunnyvale, California. Inside, my surprise deepened. All the students, […]

By / 9.28.2015

Back in 2012, the Progressive Policy Institute identified the shortfall in business capital spending— or the “investment drought”, we termed it—as one of the major economic problems facing the U.S. economy. As we wrote then, “su1stainable economic growth, job creation, and rising real wages require domestic business investment.” Unfortunately, three years later, the United States […]

By / 5.19.2015

The Federal Communication Commission’s 2015 Open Internet order threatens innovation in three distinct ways. First, by barring paid priority arrangements, the order undermines innovation in the nascent market for real-time applications like telemedicine and HD voice. Second, because sponsored-data plans (including zero-rating plans) may run afoul of its “general conduct” standard, the order could discourage […]

By and / 4.30.2015

Can tech jobs be a source of economic opportunity and upward mobility for an increasingly diverse American population? Yes—consider two key facts about the labor market recovery, both of which show the potential for tech jobs to empower communities and bring shared prosperity. First, since the recovery began in 2009, tech has created almost as […]

By / 3.3.2015

The power of the Internet has redefined the global economy for the 21st Century. As of 2014, over three billion people around the world were connected. The corresponding boom in Internet-based retailers, news and information providers, and online entertainment and video companies has been just as impressive. Businesses go where the customers are, and increasingly […]

By / 10.16.2014

In a remarkably brief period, America has become awash in oil and natural gas. According to the U.S. Energy Information Agency (EIA) we have surpassed Russia as the world’s leading energy superpower, producing more oil and natural gas combined than any other country. This newfound abundance has turned old assumptions about U.S. energy scarcity and […]