North America
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Working Paper Series
Why the CHIPS Are Down: Stock Buybacks and Subsidies in the U.S. Semiconductor Industry
Oct 2021
To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks
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Why Aren’t Libertarians Protesting the Freedom-Busting Texas Abortion Law?
Sep 8, 2021
On deregulation and Covid masks, libertarians are loud. On female liberty, deafening silence.
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China and the Supply Chain: A Comment on the June 2021 White House Review
Jun 23, 2021
Contrary to rhetoric from Democrats and Republicans, the U.S. has an economic interest in trade and peace with China
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The State Has Failed to Protect Black Wealth in Tulsa and Across America
Jun 17, 2021
Economist Darrick Hamilton, co-author of a new report on wealth across racial and ethnic groups in Tulsa, Oklahoma, explores the legacy of the Tulsa Race Massacre with the Institute for New Economic Thinking’s Lynn Parramore.
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How the U.S. Lost National Healthcare
Jun 15, 2021
An excerpt from the just released book, The Outlier, by Kai Bird
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Working Paper Series
Mass Incarceration Retards Racial Integration
Apr 2021
Formerly incarcerated Black people emerge from prison with far less education and social skills than white ex-cons. And they have great trouble forming families or earning a good living.
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How NAFTA Lost Democrats the South
Sep 15, 2020
For thirty years after the Civil Rights Act, a sizable share of white Southerners still voted Democrat. That changed when the party embraced trade deals that hurt American workers.
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Working Paper Series
Voting Rights, Deindustrialization, and Republican Ascendancy in the South
Sep 2020
How NAFTA led to GOP dominance of the American South
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Working Paper Series
Government as the First Investor in Biopharmaceutical Innovation: Evidence From New Drug Approvals 2010–2019
Sep 2020
Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers have been footing the bill for every new drug approved between 2010 and 2019
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Working Paper
Germany and China Have Savings Gluts, the USA Is a Sump: So What?
Aug 2020
An alternative look at the “global savings glut”
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Working Paper
How “Maximizing Shareholder Value” Minimized the Strategic National Stockpile: The $5.3 Trillion Question for Pandemic Preparedness Raised by the Ventilator Fiasco
Jul 2020
The success of projects for pandemic preparedness and response depends on the strength of government-business collaborations.
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Working Paper
Never Together: Black and White People in the Postwar Economic Era
Jul 2020
Over and over again, US government policies designed to transfer and create wealth and economic opportunity were restricted to whites by design.
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The Good, the Bad, and the Ugly About the Fed’s New Credit Allocation Policy
Jun 30, 2020
The Fed is taking an aggressive approach to put out the economic fires of the pandemic. But it needs to allow for flexibility as some business models irreparably change.
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Working Paper
The Geography of New Technologies
Jun 2020
Rising inequality has focused attention on the benefits of new technologies. Do these accrue primarily to inventors, early investors, and highly skilled users, or to society more widely as their adoption generates employment growth?
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How the Disappearance of Unionized Jobs Obliterated an Emergent Black Middle Class
Jun 15, 2020
Since the 1980s, the enemy of equal employment opportunity through upward socioeconomic mobility has been the pervasive and entrenched corporate-governance ideology and practice of maximizing shareholder value.