In the News

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Why the TPP is a game changer

Daily Kos • March 26, 2015

"...And the pamphlet’s populist message was the antithesis of the position Obama championed during a 2006 speech delivered to members of the Hamilton Project:
"I think that if you polled many of the people in this room, most of us are strong free traders and most of us believe in markets. Bob and I have had a running debate now for about a year about how do we, in fact, deal with the losers in a globalized economy..."

Panel discussion: The impacts of climate change on water resources

Maven's Notebook • March 25, 2015

"The Hamilton Project at Brookings and the Stanford Woods Institute for the Environment hosted the forum, New Directions for U.S. Water Policy, in October of last year, which focused on the release of three new papers and featured panels discussing water markets, innovation, and climate change..."

Grading the economy’s recovery

MSNBC • March 25, 2015

"Former WH budget director Peter Orszag explains says the focus on transparency and the Federal Reserve is misplaced. Orszag also says the economy "could be doing better."

Despite anti-fraud rhetoric, Republican budgets omit funding to combat fraud and abuse

Center on Budget and Policy Priorities • March 25, 2015 • Robert Greenstein

"The budgets that the House and Senate will consider this week leave out the funding that the 2011 Budget Control Act (BCA) specifically allows for “program integrity” activities to fight fraud and abuse in Medicare, Medicaid, and disability programs, despite the fact that these activities have a proven track record of saving money.  This action stands in contrast to Republican claims that their budgets will make government spending more “efficient and effective.”

Maine’s minimum wage looks a little worse when factoring in prices

BDN Maine • March 25, 2015 • Darren Fishell

"...Economist Arindrajit Dube, a leading proponent of local minimum wages, has argued in various forums against that concern. In a recent paper for the Brookings Institution’s Hamilton Project, he advocated the approach Portland Mayor Michael Brennan tried in pushing for a municipal minimum wage hike. That method would set the minimum wage at about half the local median income..."

It is actually illegal in Colorado to collect the rain that falls on your home

The Washington Post • March 24, 2015 • Jeff Guo

"...In a report for the [Hamilton Project at] Brookings Institution last October, he and co-authors Peter Culp and Gary Libecap suggest a menu of water contracts that farmers and cities could buy and sell.
“The perfect example is a dry year option, whereby a broccoli grower agrees not to grow broccoli in a dry season to let either a thirsty orchard producer or a city use the water,” Glennon said. The broccoli grower gets paid every year, wet or dry, for a steady stream of income. The orchard producer gets insurance that he’ll have enough water for his almond trees, even during a drought..."

No voter consensus on debt-ceiling debate

Morning Consult • March 24, 2015 • Will Dobbs-Allsopp

"Almost half of U.S. registered voters said Congress should not increase the nation’s borrowing limit, according to a new Morning Consult poll. Twenty-four percent of respondents said lawmakers should pass a bill that would allow the federal government to borrow more money, while 27 percent have no opinion on the matter.
At the same time, a plurality – 40 percent – said an economic crisis would ensue if Capitol Hill failed to raise the country’s debt limit. That contrasts with the 30 percent who said no such catastrophe would ensue.
Alice Rivlin, former director of both the Congressional Budget Office and the Office of Management and Budget, said in an interview this week that the out-of-sync responses are due to the issue’s complexity..."

Finding the Right Price for Water

The Atlantic • March 24, 2015 • Bouree Lam

"A Brookings [Hamilton Project] report finds that the current drought is serious indeed, but not unprecedented. Serious droughts occur almost every decade, and the current one is within historical range. Though it doesn't help that the driest regions of the country are also experiencing rapid population growth...The drought's cost to agriculture has been estimated to be as high as $1.5 billion. According to a report by The Hamilton Project, agriculture accounts for over 80 percent of water consumption in the American West..."

Bad math: Why Republicans have the Keystone XL jobs argument all wrong

NextGen Climate • March 19, 2015 • Tom Steyer

"I’ve been saying it for years: we don’t have to choose between a healthy environment and a healthy economy! But when it comes to the Keystone XL pipeline, Republicans in Congress are trying to trick us into thinking that we have to do just that. They’ve created a false framework where it’s either Keystone XL or nothing. Listening to them, you’d think that if we don’t approve this pipeline the consequences will be dire—that America will never build another infrastructure project or create a single job..."

Capitalism - What comes next?

Thought Economics • March 19, 2015 • Vikas Shah

"In this exclusive interview series, we speak to Nobel Prize Winning Economist, Edmund Phelps (Director of the Columbia University Center on Capitalism & Society and the McVickar Professor of Political Economy at Columbia University) and Professor Lawrence ‘Larry’ H. Summers (Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama). We look at the story of modern capitalism, the benefits it has brought, and the challenges it has created..." 

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Hamilton Project Updates

A periodic newsletter of events, policy briefs, and working papers from The Hamilton Project.