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Economic Facts Jan 31, 2019

Nine Facts about State and Local Policy

Policy debates often focus only on major decisions made in Washington, DC. But for many Americans, the decisions made much closer to home have just as large, if not larger, effects on day-to-day life. These nine economic facts highlight the important economic roles of state and local governments, emphasizing how their budgetary and regulatory decisions affect access to opportunity. Transportation and land-use policy receive particular attention given their large impacts on the patterns of economic activity.

Policy Proposal Jan 31, 2019

Local Transportation Policy and Economic Opportunity

There is broad agreement about the importance of transportation infrastructure, but disagreement about the goals of transportation policy and the appropriate means to achieve these goals. In this paper, Matthew Turner of Brown University examines the current state of U.S. infrastructure and discusses different reforms that focus on improving both access to opportunity and for the efficiency of the highway and bus transit systems.

Policy Proposal May 7, 2015

Financing U.S. Transportation Infrastructure in the 21st Century

The nation’s transportation infrastructure, it is widely agreed, is eroding and in need of long-term, innovative policy solutions and adequate investment. In this discussion paper, Roger Altman, Aaron Klein, and Alan Krueger propose improvement and expansion of the Transportation Infrastructure Finance and Innovation Act (TIFIA) lending program, reauthorization of Build America Bonds, better utilization of the Army Corps of Engineers and the Harbor Maintenance Trust Fund, and reform of the federal gas tax.

Policy Proposal Oct 14, 2014

The Path to Water Innovation

The United States’ aging water infrastructure will be increasingly strained by population growth, economic expansion, and the effects of climate change. In this Hamilton Project paper, Newsha K. Ajami, Barton H. Thompson, Jr., and David G. Victor suggest that solutions to the country’s growing water challenges lie, in part, with the development and adoption of new innovative technologies. The authors present three policy and regulation recommendations to facilitate greater innovation in the water sector.

Strategy Paper Feb 25, 2011

Investing in the Future: An Economic Strategy for State and Local Governments in a Period of Tight Budgets

Confronting near-term budget challenges, state and local governments are under tremendous pressure to focus on immediate needs at the expense of long-term investments. Michael Greenstone and Adam Looney highlight four policy principles for state and local governments with an emphasis on the importance of infrastructure investments for economic growth and prosperity.