In the News
Aging, output per capita and secular stagnation. Lawrence Summers et al, National Bureau of Economic Research
How India can use better data and regulations to stop industries from choking its cities. Rohini Pande, The Indian Express
Reining in Technology to Increase Democratic Legitimacy. Paul Tucker, The Regulatory Review
The real reason you're not getting a pay raise. Jason Furman, Vox
From Summits to Solutions: A Positive Agenda for Achieving the Sustainable Development Goals by 2030, with a chapter by Jane Nelson
The cataclysmic cost of Trump's 'war on oceans'. Linda Bilmes, The Boston Globe
Sheila Jasanoff wins Albert O. Hirschman Prize
Half a century after the 1964 passage of the Civil Rights Act, racial discrimination endures in many areas of American life, including healthcare. A new paper in Health Affairs, co-authored by Amitabh Chandra, faculty chair of the HKS Healthcare Policy Program, considers the problem of inadequate or inferior health care for minority patients and offers several recommendations for improving the situation in the U.S.
"Income growth for typical American families has slowed dramatically since 1973. Slower productivity growth and an increase in income inequality have both contributed to this trend...Productivity growth has been uneven across the economy, with top firms earning increasingly skewed returns. At the same time, the between-firm disparities have been important in explaining the increase in labor income inequality."
Jason Furman
Professor of the Practice of Economic Policy
Related: Economy doing well but more to be worried about
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