The Hamilton Project Blog

America’s Fragmented Water Systems

October 16, 2014 • The Hamilton Project • Energy & Environment, Infrastructure, Technology & Innovation

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.

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New Analysis and Interactive Feature Explore Career Earnings by College Major

September 29, 2014 • The Hamilton Project • Education, Employment & Wages

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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Treasury Secretary Jacob Lew Details Economic Costs of Climate Change at Hamilton Project Forum

September 23, 2014 • The Hamilton Project • Economic Security, Energy & Environment

By Fred Dews, Managing Editor, New Digital Products, The Brookings Institution

"As an economic matter, the cost of inaction or delay is far greater than the cost of action" on climate change, said U.S. Treasury Secretary Jacob J. Lew in a forum hosted by The Hamilton Project yesterday. Secretary Lew was joined by former Treasury Secretary Robert E. Rubin, co-chair of the Council on Foreign Relations, and Michael Greenstone, The Milton Friedman Professor in Economics and Director of the Energy Policy Institute at the University of Chicago, to explore the economics of climate change, and the potential costs of inaction to reduce greenhouse gas emissions.

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Paying the Cost of Climate Change

September 19, 2014 • Michael GreenstoneEconomic Security, Energy & Environment

The economic cost of climate change is high: an annual $12 billion increase in electricity bills due to added air conditioning; $66 billion to $106 billion worth of coastal property damage due to rising seas; and billions in lost wages for farmers and construction workers forced to take the day off or risk suffering from heat stroke or worse. By the end of the century, these costs and others put a combined price tag of hundreds of billions of dollars on climate change in the United States, according to a recent report. Fortunately, most Americans are wealthy enough to protect themselves from the worst that climate change has to offer. 

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The U.S. Fishing Industry Contributes Nearly $80 Billion to U.S. Economy

September 10, 2014 • The Hamilton Project • Economic Security, Effective Government, Energy & Environment

By Fred Dews, Managing Editor, New Digital Products, The Brookings Institution

Today, The Hamilton Project releases new papers and hosts a forum to explore opportunities for improving the economic prosperity and long-term sustainability of the U.S. fishing industry. Taken together, commercial and recreational fishing contributed nearly $90 billion to the U.S. economy in 2012, according to Hamilton Project data, including over 1.5 million jobs for American workers.

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