The need to improve our nation’s infrastructure is an issue on which many policy makers, at all levels of government and across the political aisle, can agree. Regrettably, the consensus essentially begins and ends with the need to address our nation’s infrastructure. In response, an innovative concept for funding and financing infrastructure investment has gained traction in recent years: public-private partnerships. In this blog post, THP assesses the pros and cons of public-private partnerships.
In a new paper from The Hamilton Project and the Energy Policy Institute at the University of Chicago, Professors Kenneth T. Gillingham (of Yale) and James H. Stock (of Harvard) propose reforms to the federal minerals leasing program that address the negative climate effects associated with coal mining in an efficient manner that benefits the taxpayer.
Hamilton Project Advisory Council Member Robert E. Rubin offers his thoughts on how the United States can achieve long-term economic growth in a recent Washington Post op-ed.
In order to address poverty, we must know who is poor and how the composition of who is poor is changing. This analysis describes who was living in poverty in the U.S. in 2015 and how that changed from the prior year. The Hamilton Project offers an update to the economic analysis "Who is Poor in the United States" drawing on recently released data regarding poverty in America.
Today, the Department of Justice (DOJ) announced that it will reduce, and eventually end, the use of federal private prisons. In a new Hamilton Project blog post, Diane Schanzenbach and Megan Mumford explore recent developments in federal private prisons. These issues will be further explored in a forthcoming series of papers that the Hamilton Project will release in October 2016, with a focus on: reducing high rates of incarceration; reducing recidivism; and facilitating the successful reintegration of formerly incarcerated individuals.
Americans have enjoyed an overall gain of about 25 years in life expectancy at birth during the past century and eductions in mortality have continued in recent years for many Americans, including non-whites, the young, and those with higher incomes. Yet for other demographic groups, progress has stalled or even reversed. Disparities in life expectancy persist and some recent trends in mortality are cause for alarm.
In a recent Wall Street Journal op-ed, former U.S. Treasury Secretary Robert E. Rubin and Hamilton Project Director Diane Schanzenbach argue that the Supplementary Nutrition Assistance Program (SNAP) and other federal food aid programs are not just a moral imperative, but also make good economic sense.
The persistent and troubling problem of food insecurity impacts a wide range of Americans, including the struggling lower-middle class, and has far-reaching implications for Americans’ health and economic security. Fortunately, the Supplemental Nutrition Assistance Program (SNAP) reduces food insecurity and very low food security, lifts millions of Americans out of poverty, and improves the health and financial well-being of program participants in the near- and long-term.
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.