SEARCH: State and Local

Bringing Jobs to People: Improving Local Economic Development Policies

SUMMARY Even before the current recession, local labor markets across the U.S. had large and persistent disparities in employment among prime-working age adults. Roughly 15 percent of the U.S. population, totaling 47 million people, lived in areas with employment rates at least 5 percentage points below the national average. In this Economic Strategy Group memo, […]

Taskforce Report: Promoting Economic Recovery After COVID-19

The federal government’s fiscal and monetary responses to the economic crisis caused by the COVID-19 pandemic have been unprecedented. However, we argue that as many of the enacted fiscal measures begin to expire over the next two months, continued policy action will be needed to promote economic recovery. This report puts forward a set of […]

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 […]

Concerns About Concentration

Overview: A number of studies in recent years have fueled policymakers’ concerns over rising market concentration and the state of competition in US industry. However, determining the relationship between market concentration and other key economic outcomes­—such as markups, profit rates, labor share, and the state of competition more broadly—is fraught with empirical challenges. The state […]

Robert Rubin

ROBERT E. RUBIN served as United States Treasury secretary from 1995 to 1999 under President Bill Clinton. He began his career in finance at Goldman, Sachs & Company and ultimately served as co-chairman. Rubin joined the Clinton administration in 1993 as the first director of the White House National Economic Council. He served as a […]

Brian Moynihan

BRIAN MOYNIHAN is the chairman of the Board and chief executive officer of Bank of America. He leads a team of more than 200,000 employees dedicated to making financial lives better for people, companies of every size, and institutional investors across the United States and around the world. In 2019, Bank of America was the […]

Melissa S. Kearney

MELISSA S. KEARNEY is the Neil Moskowitz Professor of Economics at the University of Maryland. Kearney’s research focuses on poverty, inequality, and social policy in the United States. Her work has been published in leading academic journals and frequently cited in the press. She is also director of the Aspen Economic Strategy Group; a research […]

Bill Haslam

Bill Haslam is the former governor of the State of Tennessee. He was first elected in 2010 and was re-elected in 2014 with the largest victory in modern Tennessee history. Under his leadership, Tennessee became recognized as a national leader in education, economic development, efficient and effective government, and fiscal strength. During his two terms […]