Accounting For Industrial Policy: How An Obscure Rule Is Holding Back US-Led Commercialization of SMRs
Note: We have retracted a previous version of this Research Report. This is a republished version with a correction and clarification in the discussion of how financial subsidy should be calculated for equity investments. Introduction Right now, the Federal Government is rolling...
Prioritization Isn’t Just an Economic Catastrophe, It’s a Constitutional Crisis
Administration Lawyers are Walking the President into a Constitutional Crisis
Participation and the Post-Pandemic Labor Market: Pre-Pandemic is not the Ceiling
Contrary to the expectations of Fed officials, labor force participation growth has been strong over the last six months. In this piece, I use Current Population Survey microdata, correct for measurement issues, and show that an increase in labor force entry played a significant role in this recent…
Towards Macroprudential Fiscal Policy
The following was originally presented as “Towards Macroprudential Fiscal Policy” at the Coordinating the Supply Side: Creating a Systemic Industrial Policy for the 21st Century conference put on...
Signs of Slowing: Measuring Wages in Core Non-Housing Services
We reconstruct the White House’s core non-housing services wage index. We walk through the construction of this series, which is available for premium donors.
