The difficult realities and constraints facing the U.S. federal budget, coupled with the evident value of investing in children and families, raise a complex question for the Trump Administration and Congress: how should we determine our nation’s spending priorities? In anticipation of the President's proposal for its fiscal year 2018 budget, The Hamilton Project offers this analysis.
In this blog post, we examine our economic analysis and interactive tool, "Putting Your Major to Work: Career Paths after College," exploring how college majors and occupations interact to produce a wide range of labor market outcomes. Using psychology as an illustrative example of choice of major, we trace possible career outcomes.
Greenhouse gas (GHG) emissions—and primarily CO2 emissions—have meaningfully contributed to the warming the globe has experienced so far, and are expected to cause a damaging level of warming in coming decades. However, it remains uncertain whether policy makers around the world will be successful in responding to the threat of climate change. In this blog, the authors explore the role of the U.S. as a net carbon dioxide importer and evaluate how policy actions following the 2015 Paris Agreement are expected to mitigate growth in global GHG emissions.
CNN Money ran the following segment highlighting the March 2, 2017 policy forum that The Hamilton Project (THP) co-convened with the American Enterprise Institute (AEI) on “The Vital Role of Government Statistics; Strengthening Research, Governance and Innovation.” In conjunction with the event, THP and AEI released a set of jointly authored economic facts entitled “In Order That They Might Rest Their Arguments on Facts: The Vital Role of Government-Collected Data.
In this op-ed, Hamilton Project Director Diane Whitmore Schanzenbach and AEI's Michael Strain make the case for the importance of government-collected data.
Federal statistical agencies provide indispensable data that strengthens governance, research, and innovation. In this blog, The Hamilton Project explores one source of government-collected data, the American Community Survey, that can be particularly valuable to the private sector.
On February 16, 2017, Hamilton Project director Diane Whitmore Schanzenbach testified before the U.S. House Committee on Agriculture on the "Pros and Cons of Restricting SNAP Purchases."
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.