Policies that directly address the problem of inadequate income are preferable to policies that restrict wage and job flexibility.

U.S. productivity growth accelerated in the mid-1990s and, despite the recession in 2001, has surged ahead at even higher rates over the past two years. Measured as growth in output per hour worked, increases in productivity are essential for sustained economic growth and increases in wages and jobs over the...

AEI adjunct scholar Jagdish Bhagwati, professor at Columbia University and international trade economist, will present his new book, In Defense of Globalization (Oxford University Press, 2004). In the first panel, Bhagwati and two prominent experts on the international economy, Douglas Irwin of Dartmouth College and Daniel Tarullo of Georgetown University...

This bookexamines the effects on achievement of the largest federal program of financial aid to schools, Title I of the Elementary and Secondary Education Act of 1965.

Marvin Olasky will discuss the false dichotomy between freedom and justice and offer his ideas on reconciling these aims.

Has the rise in earnings inequality in the United States over the past two decades resulted in greater economic stratification? This seminar will explore the connections among increased earnings inequality, year-to-year changes in earnings, and changes in economic status from one generation to the next. Professor Solon will review...

The trend toward more income inequality and the small gains in real median family income since the 1970s are well known. Despite little growth in measured income, however, the typical family does not seem to be experiencing greater difficulty meeting its basic needs. And although income inequality seems to...