Economics - AEI

Economics

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Join AEI for a presentation of the book “The People vs. Democracy: Why Our Freedom Is in Danger and How to Save It” (Harvard University Press, 2018), followed by a discussion of whether matters are indeed that dire, and if they are, how they came to be so and whether the situation is reversible.

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Under Secretary for Policy at the Department of Transportation Derek Kan outlines the details of the Trump administration’s infrastructure plan. Following his remarks, AEI’s R. Richard Geddes will lead a discussion among infrastructure policy experts to review the main elements of the proposal and the future of US infrastructure policy.

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Join AEI’s Leon Aron for the release of his latest monograph, “To Have and to Hold: Putin’s Quest for Control in the Former Soviet Empire.” Dr. Aron will be joined by Rep. Seth Moulton (D-MA) and a panel of the monograph’s authors to discuss the threat of the Kremlin’s various venues of aggression in the former Soviet empire.

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Join AEI and the Netherland-America Foundation for a presentation and discussion of the book “Arthur Vandenberg: The Man in the Middle of the American Century” (University of Chicago Press, 2017) and the lessons it teaches us about today’s conflicts and debates.

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Please join AEI for remarks by Senate Finance Committee Chairman Orrin Hatch (R-UT) on the impact of the Tax Cuts and Jobs Act. After Chairman Hatch’s remarks, an expert panel will discuss the legislation further.

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The Taxpayer Protection Housing Finance Plan describes how government-sponsored enterprises can be gradually eliminated over time through administrative action alone. Legislation will not be necessary.

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Hopefully, Powell will soon find the right path for an appropriate degree of monetary-policy tightening.

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While these are primarily local issues, that doesn’t mean Washington can’t play a role, as my recent podcast with deregulation expert David Schleicher can attest.

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Past experience should be informing the Fed that once lost, the credibility it has earned by its ability to control inflation will not be easy to restore.

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I have deep reservations about this theory, as does Ben Thompson, author of the must-read tech newsletter Stratechery. And the utter lack of pushback against this theory in media and by wonkactivists is really something.

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Anti-monopoly is the latest, greatest solution to all things wrong with the US economy. But reducing corporate concentration appears to be a solution in search of a problem, at least for now.

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Policymakers shouldn’t bank on faster growth, especially if they use their cheery forecasts to then assume higher tax revenues and thus ignore needed spending reform in programs such as Medicare and Social Security.

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Recently, there has been an increase in the printing of paper money. Experts discuss inflation and the problems with pricing in the current economy, which could lead to a crisis within the United States as well as globally.

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What is needed following the Parkland school shooting are productive discussions that engage on the real contours of the gun control debate, and an understanding that there is not a one-size-fits-all solution for preventing school shootings.

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The idea of breaking up Big Tech is being asked to carry a lot of weight, from battling inequality to improving our democracy to restoring our innovative oomph. But so far the argument seems underpowered for these tasks.

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On CNBC today I debated Chris Sagers, a law professor at Cleveland State University, on the merits of the antitrust case against Google.

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