Rapid globalization and technological change have left too many Americans behind, but the failure of Bidenomics is a reminder that doubling down on industrial policy is not the solution. In a new essay for National Affairs, AEI economist R. Glenn Hubbard proposes a revitalized free-market policy agenda that could rebuild opportunity and prosperity for all Americans.
The task of rebuilding opportunity extends beyond straightforward economic policy. Also writing in National Affairs, Center on Opportunity and Social Mobility Director Scott Winship analyzes Americans’ own understandings of the American Dream to show that rebuilding families and social capital is essential to tackling the grievances that have driven populist resentment. In these efforts to preserve and strengthen the American Dream for the next generation, will artificial intelligence be an asset or a threat? In another essay in the new issue of National Affairs, AEI Economic Policy Director Michael R. Strain makes the case for AI optimism and proposes a policy agenda to secure AI’s transformative benefits without leaving Americans behind. The American economy’s strength and dynamism are also among our greatest assets in our competition with China. Even though the US has managed its debt irresponsibly, a new AEI report from Derek Scissors reveals that China’s own colossal debt mismanagement has crippled its chances to surpass America economically. Before joining AEI, President Robert Doar led social services programs in New York state and New York City for over 20 years. In a new essay for the Journal of Policy Analysis and Management, coauthored with Maria Cancian, dean of Georgetown University’s public policy school, Doar draws from these experiences to explain why child support enforcement remains an essential policy tool for children and parents and how Republicans and Democrats can work together to improve it.
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