Category Archives: Economic development

What do we know about right-to-work laws and state prosperity? Not much, because of limited variation over time in which states are RTW states

Vigorous debate continues over the issue of “right-to-work” (RTW) laws, and how they affect a state’s economic growth and wage rates. Right-to-work laws make it illegal to require workers in unionized workplaces to pay dues to the unions that represent … Continue reading

Posted in Economic development, Uncategorized | 1 Comment

Human Capital Programs Can Promote Local Economic Development; As Illustration, Consider “Promise-style” Place-Based College Scholarship Programs

A recent paper by me and a research analyst at the Upjohn Institute, Nathan Sotherland, analyzes the effects of “place-based” college scholarship programs on local economic development. Over 50 of these programs have been created since the 2005 creation of … Continue reading

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Kalamazoo Promise boosts college completion by one-third

In a paper released on June 25, 2015, the Kalamazoo Promise college scholarship program is estimated to increase college completion by one-third.  The college completion effects of the Promise would be expected to significantly increase future earnings. Based on predicted … Continue reading

Posted in Distribution of benefits, Economic development | 1 Comment

Increasing educational performance and reducing educational disparities is more feasible if pursued through high-productivity interventions, including but not limited to early childhood education

On May 27, 2015, the Upjohn Institute released a report on Michigan’s school finance system and how to reform it to improve student performance in Michigan, and lessen disparities among children in various income groups.  The lead author of the … Continue reading

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The importance of neighborhoods for child development

On Monday, May 4, the New York Times gave prominent coverage to two recent papers that provide strong evidence that better neighborhoods or local areas for young children make a large difference in increasing future adult earnings and income for … Continue reading

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The challenges posed by “short-termism” in corporate decision-making, and what it implies for policies to promote broader prosperity

Professor William Lazonick of the University of Massachusetts Lowell has a provocative recent paper, written for the Institute for New Economic Thinking, outlining his views on how some of the adverse trends in income inequality in the U.S. are due … Continue reading

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What are the best paths to prosperity for localities and the nation?

I have a new paper published that bears on the following important issue: when will local economic development incentives – various types of customized tax breaks or services to individual businesses – be most effective in helping improve economic well-being? … Continue reading

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Early childhood education is a good we know how to do

In my new book, From Preschool to Prosperity, I put early childhood education in the context of other efforts to increase high-wage employment. Early childhood education is by no means the only policy needed as part of a comprehensive strategy … Continue reading

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Why early childhood education now?

As argued in my new book, From Preschool to Prosperity, expanded early childhood education represents a continuation of the American historical tradition of promoting economic opportunity and growth via expanded education. But why is there a need for early childhood … Continue reading

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Early childhood education is a continuation of an American tradition of promoting economic growth through education

In my new book, From Preschool to Prosperity, I put early childhood education in a historical context. The U.S. has long seen expanded education as a key to promoting a better economy. The U.S. was a leader in expanding free … Continue reading

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