On The Record Spotlight

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The Purpose Economy 100

Melissa Kearney honored in Purpose Economy's Top 10 Policy Pioneer List for her work on prize-linked savings.

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Testimony of Melissa S. Kearney

The Hamilton Project Director, Melissa S. Kearney testifies before the Joint Economic Committee on income inequality in the United States.

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Why stagnation might prove to be the new normal

Advisory Council member Larry Summers offers explainations for the stagnant American and global economic growth.

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Raising the Minimum Wage: Old Shibboleths, New Evidence

Advisory Council member Laur D'Andrea Tyson looks at the economic effects of raising the minimum wage.

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Universities honored for diversity and inclusion initiatives: Higher Education roundup

The Cleveland Plain Dealer’s Karen Farkas discussed a new Hamilton Project discussion paper “Loans for Educational Opportunity: Making Borrowing Work for Today’s Students ,” in which Susan Dynarski and Daniel Kreisman argue that the current system allows reasonable levels of debt to grow into crippling payment burdens that can prevent young workers from attaining financial independence and stability. They propose a new, income-based repayment system for federal student loans, where payments automatically rise and fall with a borrower’s income.

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Five myths about college debt

This week in the Washington Post, Stanford Provost John Etchemendy and Vivek Wadhwa explored some common misconceptions about student debt. Etchemendy and Wadhwa highlighted data from The Hamilton Project’s “Is Starting College and Not Finishing Really That Bad?” on the return to college compared with other investments.

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Md.‘s job base returns to pre-recession levels

This week in the Baltimore Sun, Jamie Smith Hopkins discussed The Hamilton Project’s state-by-state jobs gap with former Hamilton Project Director Michael Greenstone.   

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An Ivy League Education Can Be Surprisingly Cheap

This week in Business Insider, Mandi Woodruff discussed the difference between the sticker price of college and the net cost. She highlighted findings from a recent Hamilton Project discussion paper, “Informing Students about Their College Options: A Proposal for Broadening the Expanding College Opportunities Project,” in which Caroline Hoxby and Sarah Turner present a strategy for improving college outcomes for high-achieving, low-income students.

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Reclaiming the Title “Land of Opportunity”

In a recent column in the Huffington Post, ACT CEO Jon Whitmore provides highlights findings from The Hamilton Project’s recent discussion paper,  “Informing Students about Their College Options: A Proposal for Broadening the Expanding College Opportunities Project.” He also recounts discussions from  a panel discussion, in which he participated, at The Hamilton Project’s recent event “The Economic Imperative of Expanding College Opportunity.”

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Wealth gap limits equality of education

In an article in the Boston Globe, Megan Woolhouse quotes Hamilton Project Director Michael Greenstone on a new Hamilton Project policy memo, “Thirteen Economic Facts About Social Mobility and the Role of Education.” 

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Obama Makes Wise Choice to Delay Insurance Mandate

In his latest Bloomberg View column, Advisory Council member Peter Orszag discusses the Obama administration’s recent announcement that it would  delay implementation of the employer mandate under the Affordable Care Act.

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The Myriad Benefits of a Carbon Tax

Advisory Council member Laura D’Andrea Tyson discusses a Hamilton Project proposal, “The Many Benefits of a Carbon Tax,” by Adele C. Morris of the Brookings Institution.

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Inequality and Mobility, Again

Jared Bernstein discusses a new Hamilton Project policy memo, “Thirteen Economic Facts About Social Mobility and the Role of Education.”

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Granting Undocumented Immigrants Citizenship Would Boost Economy, 75 Percent Of Americans Say

The Huffington Post discusses findings from The Hamilton Project’s “Ten Economic Facts About Immigration” on the effects of immigrants on wages.

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Jobs Report Reax: Treading Water

Andrew Sullivan cites The Hamilton Project’s jobs gap calculator in an article on the latest employment report. 

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Testimony of Adam Looney

Hamilton Project Policy Director Adam Looney testifies before the Senate Budget Committee on the role of tax reform in supporting broad-based economic growth and fiscal responsibility.

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Austerity Has Cost The U.S. Economy 2.2 Million Jobs: Study

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?”

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How Our Incredible Shrinking Government Raises Unemployment and Hurts the Recovery

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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Why not measure how well government works?

Washington Post’s Jim Tankersley and Dylan Matthews previewed new Hamilton Project papers: "Building on Recent Advances in Evidence-Based Policymaking," by Jeffrey Liebman, and "Using Data to Improve the Performance of Workforce Training," by Louis Jacobson and Robert LaLonde.

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15 Budget Ideas That Are Better Than Sequester Plan

In his column in Bloomberg View and Washington Post, Ezra Klein highlights The Hamilton Project’s “15 Ways to Rethink the Federal Budget.”

Recently On the Record

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3 Questions: Michael Greenstone on the experimental method in environmental economics

MIT News • April 17, 2014 • Peter Dizikes

Advisory Council member and former Hamilton Project director Michael Greenstone discusses experimental method in environmental economics with MIT news. 

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A Better Way to Run Rating Agencies

The Wall Street Journal • April 17, 2014 • Alan S. Blinder

In a new piece in The Wall Street Journal, Advisory Council member Alan S. Blinder discusses a better way to run credit card rating industries.

“Do you remember the financial crisis of 2007-09? (I imagine so.) Do you remember that one of its chief causes was a mountain of egregiously high credit ratings assigned by the rating agencies? (Maybe not.) Do you remember that Congress, in debating the 2010 Dodd-Frank Act, considered a number of ways to fix, or at least ameliorate, the credit-rating problem? (You don't, do you?) Finally, was the problem ever solved? (Don't guess: The answer is no.)”

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How the tax code penalizes people for getting married

The Washington Post • April 16, 2014 • Catherine Rampell

Catherine Rampell takes a closer look at how the current tax system creates "marriage penalties," and impacts working and low-income families. 

“Several months ago the Hamilton Project at Brookings released an in-depth report that estimated how large those disincentives are. The report, by Melissa S. Kearney and Lesley J. Turner, found that once you account for higher tax rates, lost means-tested benefits (like food stamps), and additional child-care costs, secondary earners typically take home less than half of what they “earn.””

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Obama, Biden pitch job training: Do reforms go far enough?

Christian Science Monitor • April 16, 2014 • Mark Trumbull

The Christian Science Monitor cites findings from a Hamilton Project paper in a discussion on spending for job training. 

“Federal money for job training has been falling. Training funds went up for a time as unemployment surged following the 2008 financial crisis, a 2011 report from the Hamilton Project at the Brookings Institution noted. In general, though, “spending on training has fallen from a high in the early 1980s,” the report said. Since then, a squeeze on federal discretionary spending has made training budgets tighter.”

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Congress could make tax filing easier

Houston Chronicle • April 15, 2014

The Houston Chronicle explores ways the IRS could make filing taxes easier, citing a Hamilton Project paper by Austan Goolsbee on "Simple Return."

“According to a 2006 study by Brookings Institution economist Austan Goolsbee, which was recently discussed by Vox Media, most taxpayers receive their income from a single employer and only take the standard deduction. This wage and withholding information is already known by the IRS, and there is no reason why the IRS couldn't fill in the blanks and connect the dots for people who do not want to spend time doing it themselves.”



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