What do nationalism and immigration mean for economics?
There can be no question that immigration provides a net economic benefit to advanced economies, particularly those experiencing a retirement boom. But as long as anti-immigrant sentiment...
Jason Furman is the Chairman of the Council of Economic Advisers. He was confirmed by the U.S. Senate on August 1, 2013. Prior to this role, Furman served as Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council.
From 2007 to 2008 Furman was a Senior Fellow in Economic Studies and Director of the Hamilton Project at the Brookings Institute. Previously, he served as a Staff Economist at the Council of Economic Advisers, a Special Assistant to the President for Economic Policy at the National Economic Council under President Clinton and Senior Adviser to the Chief Economist and Senior Vice President of the World Bank. Furman was the Economic Policy Director for Obama for America.
Furman, who earned his Ph.D. in economics and a M.A. in government from Harvard University and a M.Sc. in economics from the London School of Economics, has also served as Visiting Scholar at NYU’s Wagner Graduate School of Public Service, a visiting lecturer at Yale and Columbia Universities, and a Senior Fellow at the Center on Budget and Policy Priorities. He has conducted research in a wide range of areas, including fiscal policy, tax policy, health economics, Social Security, and monetary policy. In addition to numerous articles in scholarly journals and periodicals, Furman is the editor of several books on economic policy, including Path to Prosperity and Who Has the Cure.
There can be no question that immigration provides a net economic benefit to advanced economies, particularly those experiencing a retirement boom. But as long as anti-immigrant sentiment...
From 2007 to 2017 the fraction of Americans employed fell by 2.9 percentage points (Bureau of Labor Statistics n.d.). As we discussed in a blog post co-authored with Harris Eppsteiner (Ep...
La creencia de que la desigualdad afecta el crecimiento económico se está consolidando entre los responsables de las políticas económicas. Algunos sostienen enérgicamente que los altos ni...
The US collects more than $33 billion a year – or roughly 0.2% of GDP – in tariffs, which are taxes on US imports. A common argument in favour of trade protectionism supposes that increas...
Real wage growth has picked up in the US in the last several years. Since the end of 2012, real average hourly earnings for production and non-supervisory workers have grown at a 1.4% ann...
A decade ago, the prevalent view about fiscal policy among academic economists could be summarised in four admittedly stylised principles:
Student debt has increased rapidly in the US over the past 20 years and currently totals over $1.3 trillion. A rising number of students are taking out loans, and today, roughly half of s...
The share of men between the ages of 25 and 54 either working or actively seeking work—the prime-age male labour force participation rate—has been falling for more than 60 years in the US...
When we were in the depths of the economic crisis in the US, the Obama Administration pulled forceful fiscal policy levers to lift the economy back towards growth (Inman 2010).1 When comb...
The US economic recovery entered its seventh year in 2015, with the unemployment rate falling to half its 2010 peak and nominal wages growing at the fastest rate since the Global Crisis. ...