SEARCH: Michael R. Strain

Introduction: The Need to Expand Economic Opportunity

The pursuit of economic opportunity for all Americans is as important to the health of the country’s economy as it is to the strength of its democracy. The promise that hard work and determination will yield economic success is a central American ideal, but it has been called into question as secular economic forces and institutional changes have reshaped the American economy and had an uneven impact on Americans’ ability to prosper.

AESG Member Statement: A Call for US Leadership on Global Vaccination Efforts

The United States government should take up a position of world leadership on ending the global COVID-19 pandemic through vaccine outreach to the world. Such an effort would serve a clear humanitarian purpose. It would represent forward defense of our security interests by slowing the virus’s rate of mutation. No other action would so clearly ...

The Link Between Wages and Productivity Is Strong

In this chapter, author Michael R. Strain first discusses the wage-setting process and the conceptual issues that are of critical importance to any empirical investigation of the link between compensation and productivity. He then highlights some recent evidence suggesting that, contrary to the current narrative in some policy circles, the link between productivity and wages is strong.

Michael R. Strain

MICHAEL R. STRAIN is Director of Economic Policy Studies and Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. An economist, Dr. Strain’s research and writing is in a wide range of areas, including labor markets, public finance, social policy, and macroeconomics. His articles have been published in academic and policy journals. ...