This column explains the role that automatic stabilizers play in U.S. fiscal policy and provides a framework for examining their responsiveness to the next economic downturn.
Policymakers have underestimated the benefits of an extended economic recovery and in particular how it affects the most vulnerable Americans.
The war on drugs crushed economic opportunity in African American and Latinx communities, but marijuana tax revenue can help fuel job growth.
Despite economic progress, the reality behind wages—and the disproportionate labor market hurdles that some groups face—suggest that many workers are not fully benefiting from gains and opportunities.
Policymakers and economists need to consider populations that face high labor market barriers when evaluating the health of the labor market.
State lawmakers can boost wages and encourage entrepreneurship by restricting noncompete and no-poaching agreements.
The Trump administration is trying to take food assistance away from 755,000 Americans struggling to find steady work.
Policymakers and economists need to center populations who face high labor market barriers when evaluating the health of the labor market.
By setting ambitious energy efficiency standards in buildings, the United States can lower energy costs for consumers, encourage job growth, and reduce energy-related pollution and carbon emissions.
President Trump’s tax bill did not reform the tax code, has not benefited American workers, and increased the deficit by $1.9 trillion.
A closer look at regional differences in apprenticeship programs spotlights the disparate outcomes that result from place, race, and gender and how these interact to exacerbate pay inequities.
Despite working as much or more than white families, Latinx families have less wealth.
The strategy of providing incentives to companies involves potential downsides that rarely are fully appreciated.
Providing incentives to companies to create jobs has become a false panacea in the economic development world, and proponents often fail to acknowledge the strategy’s downsides.
Evaluations of the health of the labor market should center the challenges of Latinas and other populations that face high labor market barriers.