On January 12, 2016, President Barack Obama delivered his final State of the Union address. In his remarks, President Obama posed a series of questions for the nation, including how to expand opportunity in a changing economy, effectively leverage new technologies, and more. In this policy response, The Hamilton Project highlights its policy proposals and research most relevant to the goals and ideas promoted in the speech.
While forms of nontraditional and contingent work relationships such as subcontracted, temporary, part-time, and seasonal work are not new, the emergence of the online gig economy has increased policy interest in the issue of contingent work arrangements. To draw attention to this emerging issue, The Hamilton Project released a new framing paper on the economic opportunities and challenges of the online gig economy, and hosted a public forum featuring a new proposal by Seth Harris of Cornell University and Alan Krueger of Princeton University.
In advance of an upcoming forum, The Hamilton Project previews a new set of economic facts on health care and health insurance markets, and three new proposals to draw attention to the enduring challenges in the health care industry.
In July 2015 the U.S. Department of the Treasury’s Office of Economic Policy, the Council of Economic Advisers, and the U.S. Department of Labor issued an impressive and extremely well documented report entitled "Occupational Licensing: A Framework for Policymakers." Recent Hamilton Project author Morris Kleiner comments on the positives and shortcomings of the report, and draws comparisons with his Hamilton Project policy proposal released in March.
Rising life expectancy, combined with the risk of health shocks that will require spending huge sums of money on long-term services and supports, makes retirement planning a daunting challenge.The Hamilton Project previews upcoming papers and an event about retirement security.
Scholars and public commentators have recently debated the impact of education on earnings and earnings inequality. Some have argued that improving education is not the sole solution to inequality. Brad Hershbein, Melissa Kearney and Lawrence H. Summers clarify the different elements of the public debate and respond to a contending essay from the Washington Center for Equitable Growth.
In late March, Governor Jerry Brown signed a billion-dollar emergency drought relief legislation package. Recent Hamilton Project authors Newsha K. Ajami and Barton H. Thompson discuss the importance of investing in water infrastructure and innovation.
As we approach the IRS tax filing deadline of April 15, The Hamilton Project is highlighting several of its recent discussion papers, policy memos, economic facts, and illustrative charts that showcase opportunities to strengthen the individual income tax code in order to improve the lives of Americans.
The 2016 Budget has a number of specific features that embrace the approach that government policy should be evidence-based. In this collection,The Hamilton Project provides an overview of evidenced-based policy recommendations from recent papers addressing a range of issues that are specifically mentioned in the 2016 Budget.
Previous Hamilton Project author James Ziliak comments on The President's proposal for a massive investment in our nation’s young children and working families as part of the 2016 budget released today.
Nearly 30 percent of workers in the U.S. need a license to perform their job. It is important to realize that occupational licenses are not mere state-sponsored certificates to signal that workers have completed some level of training; occupational licensing laws forbid people from practicing in their occupation without meeting state requirements.
In his 2015 State of the Union address, President Barack Obama emphasized the need to restore the link between hard work and growing opportunity for every American: especially low- and middle-income citizens. The Hamilton Project highlights policy proposals that are most relevant to the goals and ideas explicitly promoted in the speech and reflective of the current policy context. These proposals offer smart, actionable ways forward on each of the particular policy goals.
Previous Hamilton Project authors Sandy Baum and Judith Scott-Clayton comment on President Obama's recent proposal to eliminate tuition for America's community college students.
In previously released work, The Hamilton Project has emphasized that individuals who obtain college-level education have notably higher earnings than those with lower levels of education. Accordingly, The Hamilton Project has commissioned a series of papers in recent years describing opportunities to strengthen community college programs and vocational training, presented in this blog post as an overview.
Recent Hamilton Project author Harry Holzer provides commentary on two new initiatives by President Obama for expanding college opportunities and training for low- and middle-income students.
High rates of crime and incarceration impose tremendous costs on society, with lasting negative effects on individuals, families, and communities. Although crime rates in the US have been falling steadily, they still constitute a serious economic and social challenge.
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. California Governor Jerry Brown delivered featured remarks on the landscape of water in the West and discussed his state's "Water Action Plan."
In the blog post, The Hamilton Project explores the regulatory challenges of America's fragmented water systems and highlight eye-opening information from our new list of economic facts about water in the United States. We note that—with more than 150,000 water systems in the United States—there are many roadblocks to streamlined regulation, implementation of new technologies, and costly repairs to equipment.
The value of higher education is widely reported. But what can graduates expect to earn given their choice of major & degree? THP’s new economic analysis & interactive explore career earnings by college major.
"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.
Michael Greenstone explains why we should care about the economic costs of climate change, in advance of next week’s webcast and forum with Treasury Secretary Jacob Lew and former Secretary Robert Rubin.
On September 10th, The Hamilton Project released new papers and hosted 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.
A founding principle of The Hamilton Project’s economic strategy is that long-term prosperity is best achieved in a changing global economy by promoting sustainable, broadly shared economic growth. One important way to fulfill the goals of this strategy is to encourage the efficient use of our nation’s natural resources. This fall, The Hamilton Project will release new papers and host forums on this topic, with a specific focus on U.S. fisheries in September, and on America’s water crisis in October.
At the start of a new school year, The Hamilton Project highlights an array of policy proposals, economic facts, and economic analyses articulating the importance of education for the advancement and prosperity of Americans.