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Eight Questions—and Some Answers—on the US Fiscal Situation

In this paper, Jason Furman addresses eight specific questions essential to understanding the US fiscal situation and what policymakers can do to address the federal debt. He finds that an adjustment of between 0.7 and 4.6 percent of GDP is necessary to stabilize the debt over the next decade, and he proposes a broad set ...

State Capacity for Building Infrastructure

This paper, by Zachary Liscow, examines state capacity for infrastructure construction in the United States. It identifies three elements of state capacity that drive up costs and slow down timelines: insufficient personnel, onerous procedures, and a lack of adequate tools. Liscow offers specific suggestions about ways to address these challenges and improve US public capacity ...

Why Crime Matters, and What to Do About It

In this paper, Jennifer Doleac describes what is known about crime trends in the US and outlines the best evidence to date on the effectiveness of various approaches to reducing crime through prevention, deterrence, and rehabilitation.  Crime in the US rose during the 1980s and early 1990s before declining steadily until 2020. During the COVID-19 ...

Strengthening America’s Economic Dynamism

The Aspen Economic Strategy Group’s seventh annual policy volume focuses on the theme, Strengthening America’s Economic Dynamism. The volume’s publication comes at a time when US policymakers are turning away from free-market principles in favor of protectionist policies and more active government-directed industrial policy. These shifts, combined with growing economic and political difficulties including the ...

Aspen Economic Strategy Group Welcomes New Members

Aspen Economic Strategy Group Welcomes New Members Leading policymakers, business executives, and academics join bipartisan group dedicated to promoting evidence-based solutions to America’s economic challenges. WASHINGTON, DC, MARCH 12, 2025 – The Aspen Economic Strategy Group (AESG) today announced that eleven new members have joined the bipartisan group of distinguished leaders and thinkers who are ...

Advancing America’s Prosperity

The United States stands at a pivotal moment in economic policymaking. Sweeping domestic legislation changes, rising geopolitical tensions, and rapid advances in artificial intelligence have fueled a high degree of uncertainty about economic conditions, for both households and businesses. These developments also raise urgent questions about how best to safeguard and advance America’s prosperity and ...

Introduction: Advancing America’s Prosperity

The United States stands at a pivotal moment in economic policymaking.  The Trump administration has profoundly reshaped America’s approach to international economics, adopting a more confrontational stance on trade and retreating from long-standing multilateral agreements. In April 2025, the Trump administration announced tariffs on goods from every US trading partner, ranging from 11 to 50 percent, ...

Top 12 Charts of 2025 from the AESG

Happy holidays from the Aspen Economic Strategy Group! Thank you for your continued interest and support of our work. As a group devoted to advancing evidence-based economic policy, we appreciate the powerful role that charts play in telling the story of our economy. Enjoy twelve figures that showcase the AESG’s work in 2025! Figure 1: ...