High rates of crime and incarceration impose tremendous costs on society, with lasting negative effects on individuals, families, and communities. Crime rates in the United States have been falling steadily, but still constitute a serious economic and social challenge. At the same time, both crime scholars and policymakers alike question whether incarceration rates in the United States are too high. With more than 700 out of every 100,000 people incarcerated, we must ask whether the social costs exceed the social benefits, for non-violent criminals in particular. Earlier this year, The Hamilton Project released a set of economic facts about crime and incarceration in the United States that underscore the magnitude of the challenges and frame the issue through an economic lens.
The Hamilton Project Blog
By Fred Dews, Managing Editor, New Digital Products, The Brookings Institution
Earlier this week, The Hamilton Project at Brookings and the Stanford Woods Institute for the Environment hosted a forum and released new papers highlighting opportunities for improving water management in the United States in the face of scarce water supplies. More than 70 percent of the western United States is experiencing drought conditions, with California enduring losses to its agricultural sector of $2.2 billion this year.
Newly Released Papers by The Hamilton Project/Stanford Woods Institute for the Environment on Water Policy
On October 20th, The Hamilton Project and the Stanford Woods Institute for the Environment will host a forum exploring the potential for market mechanisms to improve our country’s water management systems; opportunities to promote water innovation; and the impact of climate change on America’s water resources. A new blog post by The Hamilton Project highlights challenges in the U.S. water sector.
The severe drought gripping the Western United States has put a national spotlight on America’s relationship to water. Indeed, the changing landscape of our nation’s water supply necessarily demands a critical look at our water sector and at opportunities to improve the way we regulate, price, and consume water. In this post, we explore the current state of the U.S. water sector and the challenges of a de-centralized system.
As students and families settle into a new school year, The Hamilton Project presents a new economic analysis and interactive feature exploring earnings by college major. Brad Hershbein and Melissa Kearney draw on data from the Census Bureau’s American Community Survey, focusing on both annual earnings for each year of the career and cumulative lifetime earnings for approximately 80 majors. Hershbein and Kearney found that a college degree—in any major—is important for advancing one’s earnings, and that lifetime earnings vary tremendously by major. Read their full analysis here.
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