SEARCH: education

Addressing Inequities in the US K-12 Education System

American public schools do not successfully prepare all students for careers or college. Significant disparities in educational outcomes by race, ethnicity, economic disadvantage, and disability are persistent. At the same time, outcomes for schools serving similar student populations vary considerably. Making equitable progress will require shoring up fundamentals throughout the K-12 system: how staff are ...

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.

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

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 our country’s long-term economic strength will slowly deteriorate because of an unsustainable fiscal trajectory that leaves future generations worse off.

How much have childcare challenges slowed the US jobs market recovery?

The US economy lost a net of 8 million jobs between February 2020 and April 2021. Agreement is growing that people not actively seeking employment (inadequate labor supply) has been playing a major role in the slow recovery, as evidenced by factors including record job openings, the largest wage increases in decades, and other signs ...

What Works in Career and Technical Education (CTE)? A Review of Evidence and Suggested Policy Directions

Career and technical education (CTE) is widely viewed as an important alternative to traditional four-year colleges, a means of increasing the earnings of U.S.workers, and an effective response to the changing skill requirements of U.S. employers. While abundant evidence confirms that CTE offerings at public institutions can increase the earnings and employment rates of graduates, substantial barriers to successful expansion of high-quality CTE remain.

The Faltering Escalator of Urban Opportunity

Since 1980, college-educated workers have been steadily moving into affluent cities while non-college workers have been moving out.  At the core of understanding why non-college workers (defined by author David Autor as workers without a bachelor's degree) are no longer flocking to the cities is the question of push versus pull.

Rebuilding the Post-Pandemic Economy

After suffering the worst economic shock since the Great Depression last year, the American economy is recovering in fits and starts. While many businesses are reopening their doors and thriving, continued uncertainty about the course of the virus, the inflation outlook, labor shortages, and many other factors are hampering a full return to normal activity. The COVID-19 pandemic also reinforced and exacerbated many of the biggest structural economic challenges in our society. It precipitated the largest economic relief and stimulus spending in US history and transformed the way that millions of Americans live and work, with automation, e-commerce, and telework all playing a bigger role. The pandemic and its aftershocks reignited not only the perennial debates about the appropriate role and size of government, but also present new and urgent questions about how the post-pandemic economy will take shape. The policy volume Rebuilding the Post Pandemic Economy examine important questions about how the post-pandemic economy will take shape. What are some initial lessons we can take away from the novel government programs that were deployed to provide economic relief and stimulus? How can we implement new infrastructure investments to maximize efficiency and equity, and best respond to the climate crisis? After a year of widespread school closures, what have we learned about the role of K-12 education in perpetuating or reducing social and economic inequities? And how should American trade policies evolve to promote economic recovery and strengthen America’s role in the global economy?

Mary Barra

MARY BARRA Mary Barra is Chairman and Chief Executive Officer of General Motors Company. She was elected Chairman of the GM Board of Directors on January 4, 2016, and has served as CEO of GM since January 15, 2014. Under Barra’s leadership, GM envisions a world with zero crashes, to save lives; zero emissions, so ...

Neel Kashkari

NEEL KASHKARI has been president and chief executive officer of the Federal Reserve Bank of Minneapolis since Jan. 1, 2016. He serves as a voting member on the Federal Open Market Committee, bringing the Ninth Federal Reserve District’s perspective to monetary policy discussions in Washington, D.C. In addition to those responsibilities, Neel oversees Minneapolis Fed ...