Policy Memo

By and / 5.29.2018

In recent years, innovation has become synonymous with digital companies such as Apple, Google and Amazon. The Internet, the smartphone, and the cloud have transformed daily life and the way we do business, and artificial intelligence and machine learning will continue the process. Nevertheless, overall productivity growth remains sluggish. The reason is simple: The digital sector […]

By / 5.21.2018

A “College Finance Innovation Fund” could accelerate ideas to lower debt and make schools more accountable for their graduates’ success For many students, the burden of student debt lingers years after leaving college, dragging down their finances and household security. New federal data find that, 12 years after enrollment, students with debt still owed, on […]

By / 5.15.2018

Apple’s introduction of the iPhone in 2007 initiated a profound and transformative new economic innovation. While central bankers and national leaders struggled with a deep financial crisis and stagnation, the fervent demand for iPhones – and the wave of smartphones that followed – was a rare force for growth. Today, there are five billion mobile […]

By / 5.10.2018

Despite all the attention it has received in recent years, the cost of college continues to rise at both private and public institutions across the United States. According to data from the College Board, average tuition and fees for a public four-year college is $20,770 if in-state or $35,420 for out-of-state, and $46,950 for private, […]

By / 5.4.2018

A federal jobs guarantee is too expensive and too impractical to pass muster with the public.

By and / 4.26.2018

Apple’s introduction of the iPhone in 2007 initiated a profound and transformative new economic innovation. While central bankers and national leaders struggled with a deep financial crisis and stagnation, the fervent demand for iPhones – and the wave of smartphones that followed – was a rare force for growth. Today, there are five billion mobile […]

By and / 4.25.2018

Federal policy should move beyond fee-for-service and prioritize prevention Nearly half a million Americans suffering from kidney failure depend for their survival on dialysis. For many of them, life is nasty, brutish, and short. One in four dialysis patients will die within the first year of treatment, and six in 10 will die within five years. Patients […]

By and / 4.24.2018

Apple’s introduction of the iPhone in 2007 initiated a profound and transformative new economic innovation. While central bankers and national leaders struggled with a deep financial crisis and stagnation, the fervent demand for iPhones – and the wave of smartphones that followed – was a rare force for growth. Today, there are five billion mobile […]

By / 3.14.2018

U.S. social policy traditionally has emphasized supporting income for low-income families, to the neglect of wealth-building strategies.1 While income supports are essential for covering daily expenses, upward mobility depends on saving and building personal assets, especially completing post-secondary education, purchasing a home, or creating a business.2 Moreover, inequality of wealth in America is worse than […]

By and / 3.13.2018

In October 2017, Governor Jerry Brown of California signed a “drug price transparency bill,” requiring pharma and biotech companies to give advance notification of significant price increases and provide specific justifications. Brown hailed the bill as a big step toward holding down spending on health care. “Californians have a right to know why their medical […]