Commentary

May 24 2023 | Policy Briefs

IN BRIEF: Cutting the Safety Net Is Not an Effective Way to Reduce Government Spending

BRIEFLY… High-stakes negotiations over the debt limit center on ways to bring government spending more in line with government revenues. The political contours of the debate have excluded cuts to Social Security and Medicare from consideration, as well as the...
Melissa S. Kearney, Luke Pardue
May 04 2023 | Policy Briefs

IN BRIEF: The Who, What, and Why of Declining College Enrollment, 2019-2021

BRIEFLY… College enrollment in the US declined among recent high school graduates in the past couple of years, even as the economic returns to a college degree remain substantial – see this previous IN BREIF. In this post, we show...
Luke Pardue
May 04 2023 | Articles & Op-Eds

TIME Magazine Op-Ed: Too Many High School Seniors Are Turning Away from College Altogether

For many high school seniors and their families, May 1st is “National College Decision Day,” when millions of students make a personal decision about their academic future. It is also a decision with financial implications that will shape much of...
Melissa S. Kearney, Luke Pardue
March 09 2023 | Articles & Op-Eds

The Hill Op-Ed: How to fight poverty and boost work with an enhanced Child Tax Credit

The president’s 2024 budget, released today, calls for reinstating the 2021 expansion of the Child Tax Credit, which dramatically reduced child poverty. The temporary effect of that one-year expansion on poverty rates was a remarkable feat — instead of what surely would have been...
Melissa S. Kearney
March 07 2023 | Policy Briefs

IN BRIEF: The College Wage Premium Through the COVID-19 Pandemic

IN BRIEF COVID-related disruptions coupled with a tight labor market have led to a historic decline in college enrollment of recent high school graduates over the past three years. This drop, however, comes as the earnings premium for a college...
Luke Pardue
March 01 2023 | Papers

A Proposal for an Enhanced Partially Refundable Child Tax Credit

This proposal was produced in collaboration with The Hamilton Project. The proposal will be presented by Wendy Edelberg at a Hamilton Project event on March 1st and can be viewed here. INTRODUCTION The economic case for expanded income assistance to...
Melissa S. Kearney, Wendy Edelberg
January 17 2023 | Policy Briefs

IN BRIEF: Entrepreneurship Since the COVID-19 Pandemic

Editor’s note: The Aspen Economic Strategy Group is pleased to welcome Luke Pardue, an economist at the payroll and HR platform Gusto, as an AESG Fellow. Luke obtained his PhD in economics from the University of Maryland and previously worked...
Luke Pardue
January 09 2023 | News

Seven Recent Developments in US Science Funding

Over the past century, scientific research and development (R&D) has fueled US economic and military might and propelled the country’s status as a global superpower. These investments have helped to launch not only the technologies that define modern life, including...
Aspen Economic Strategy Group
January 09 2023 | Uncategorized

Foreword: Economic Policy in a More Uncertain World

The Aspen Economic Strategy Group releases its fifth annual policy volume against a backdrop of historic economic and strategic uncertainty. Supply shocks resulting from a senseless Russian war in Ukraine are exacerbating already soaring energy and food prices. Increasing hostility...
Henry M. Paulson, Jr., Timothy F. Geithner
January 09 2023 | Uncategorized

Introduction: Economic Policy in a More Uncertain World

Economic policymakers are confronting the highest inflation in a generation, energy supply shortages, and shifting geopolitical alliances. These challenges rightfully occupy news headlines and policy debates, but longer-run headwinds in the American economy also warrant focused attention. This volume aims...
Amy Ganz, Melissa S. Kearney

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