SEARCH: Hank Paulson

Washington Post: Americans are being left behind. Here’s how we fix it.

Originally published on Washington Post. Many Americans are being left behind by today’s modern, global economy, and they are justifiably angry about it. Growing numbers of people feel our economic and political systems are rigged against them. And it’s no wonder why. Recent progress in low- and middle-income wage growth is a blip against decades […]

Foreword

  The American economic system has always been the foundation of our national strength. But this foundation is showing cracks—from high levels of income inequality, declining economic mobility, and persistent economic insecurity among low- and middle-income Americans. Many now conclude that our system is broken. Recent polling data show that trust in capitalism is declining, […]

New York Times: How to Get Americans to Love Capitalism Again

Originally published in New York Times. American capitalism is at a serious inflection point. Many Americans, including the two of us, are alarmed by enormous levels of inequality and by declining economic mobility. We are concerned that in many cases American markets are no longer the most competitive in the world. And, we worry that […]

Securing Our Economic Future: Foreword

The American economy is in the midst of a wrenching crisis, one caused by the COVID-19 pandemic, intensified by the worst social unrest in a generation, and aggravated further by a series of climate-driven natural disasters. The effects of the economic contraction are enormous. Over a ten-week period this spring, some 40 million Americans lost […]