An extensive literature in economics shows that workers experience large and persistent earnings losses following a job displacement. Given the millions of workers that were displaced during the COVID-19 recession and the high income inequality in the …
“We just don’t know. Everything is possible.” This was German Economics Minister Robert Habeck’s succinct response to the question currently consuming his country’s government, industry and public: When the 10-day scheduled maintenance to the Nord Stream 1 …
With the number of Ukrainian refugees reaching over 5.6 million people at the time these lines are being written, this is a crisis that deserves smart long-term policy design to help both the refugees and their receiving communities. In many cases, the …
Since Joseph Schumpeter’s pathbreaking work, technology has been recognized as the center of economic growth and development. Technologies used by firms are central to the process of creative destruction. But despite this centrality, there is no …
[Mr. Khan...ascended the political ranks with the support of the country’s powerful military so] his anti-establishment stance, in particular, is notable. It represents a departure for Khan, and also for his voter base. The P.T.I [Mr. Khan’s political …
As we move into late July, cities across the country are ramping up their summer youth employment programs (SYEPs) to help connect young people to the labor market. Summer jobs programs are typically one of a city or county’s highest-profile youth …
Some people have said that might have been our last fair election in 2020. And it's disastrous because that means that a portion of the population will always believe that whoever got elected is illegitimate.
Recently, Surjit Bhalla took me to task for (supposedly) using female labor force participation (FLFP) as an indicator of women’s status. He argues that FLFP measurement reflects cross-national differences in definitions of work rather than the fundamental …
Fiona Hill told Insider she's worried that someone more capable than Trump could "pull a Putin" in the US. "I'm very concerned about it," Hill said, pointing to the GOP's enabling of Trump's election lies. The GOP …
Both the United States and China are vying to demonstrate which governance and economic system is best able to deliver results in the 21st century. Much of this competition hinges on economic performance, which is driven by innovation, pushed forward by …
America’s economic and innovative prowess and its ability to attract and cultivate human talent are complex economic problems and social issues that have created significant challenges at home and abroad. Policymakers increasingly recognize that America’s …
Although urbanization began many millennia ago, for most of human history cities were home to the few. At the beginning of the first industrial revolution in 1765, less than 10 percent of the population lived in urban areas and economic growth largely …
In July, Mark Leonard launched the newly released paperback edition of his book – “The Age of Unpeace: How Connectivity Causes Conflict” (Penguin) – with a brand-new essay on the war in Ukraine and its geopolitical impact. Together with Fiona Hill, …
In the run-up to the 2016 election, an interesting shift in the political narrative took place. International trade, which had not been much of an issue for decades and had largely been embraced by both parties, suddenly become a major topic. Two of the …
For much of U.S. history, frequent Supreme Court appointments by popularly elected presidents meant that Court decisions rarely countered, at least for very long, what one scholar referred to as “policy views dominant among the lawmaking majorities of the …
What’s the latest thinking in fiscal and monetary policy? The Hutchins Roundup keeps you informed of the latest research, charts, and speeches. Want to receive the Hutchins Roundup as an email? Sign up here to get it in your inbox every Thursday. Upcoming …
Following the release of the Bureau of Labor Statistics June Consumer Price Index (CPI) report, which showed a 9.1% increase in prices over the past 12 months—higher than many analysts anticipated—the Brookings Institution and Bipartisan Policy Center …
The recent tragedy of the death of over 50 migrants in an abandoned overheated truck in Texas forces us to reevaluate whether there is a better way for the United States—and there must be—to deal with the immigrants trying to reach the country. This …
U.S. President Joe Biden will go to Saudi Arabia later this week to meet with leaders from the Gulf region. He has articulated his goals for the trip and my colleagues have written several enlightening pieces on its purpose and likely geopolitical outcomes …
Despite massive international resources deployed to places such as South Sudan, the Democratic Republic of the Congo (DRC), Mali, Central African Republic, Libya, and Somalia, few have shown significant improvements toward more stable, inclusive, and …
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