In his latest Financial Times column, Advisory Council member Lawrence Summers discusses the controversy surrounding an error by researchers Carmen Reinhart and Kenneth Rogoff in a study that showed “that economic growth is likely to stagnate in a given country once the ratio of its government debt to gross domestic product exceeded a threshold of 90 percent.”
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Ed Dolan discusses The Hamilton Project paper, "A Strategy for U.S. Natural Gas Exports,” in which Michael Levi of the Council on Foreign Relations poses a framework for regulators to determine if exporting natural gas is in the public interest, arguing the upsides of exports outweigh the costs as long as the government acts to mitigate risk.
Ezra Klein and Evan Soltas cites data from The Hamilton Project's jobs gap calculator, a interactive feature that allows you to calculate how long it will take to close the “jobs gap” under different scenarios of growth. Klein and Soltas note that according to the calculator, if the economy adds about 208,000 jobs per month, which was the average monthly rate for the best year of job creation in the 2000s, then it will take until April 2020 to close the jobs gap.
In his latest Bloomberg View column, Advisory Council member Peter Orszag discusses climate change and strategies for mitigating the risk of natural disasters.
The Associated Press’ Jim Kuhnhenn quotes Hamilton Project Director Michael Greenstone in a story on the Obama administration’s “renewed focus on jobs.”
A recent Washington Post editorial on tax reform highlights the Hamilton Project's "The Many Benefits of a Carbon Tax," in which Adele Morris of the Brookings Institution proposes a carbon tax as a new source of revenue that could also help address climate change.”
In a recent article in the Huffington Post, Mark Gongloff discusses findings from The Hamilton Project’s latest employment analysis, “Should the United States Have 2.2 Million More Jobs?”
Today in The Atlantic, Derek Thompson discusses findings from The Hamilton Project’s latest employment analysis, “Should the United States Have 2.2 Million More Jobs?” In the analysis, the Project explores the trajectory of public-sector employment since the Great Recession. The findings show that if the policy response to this recession had been similar to the response after other recent recessions, the economy would have about 2.2 million more jobs today.
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Hamilton Project Updates
A periodic newsletter of events, policy briefs, and working papers from The Hamilton Project.