Imagine a world in which the most pressing issue is to slash taxes for the rich and only the rich, costing the US government hundreds of billions of dollars and doing little to spur economic growth. Imagine a policy so unequal that even Mitt Romney has his doubts. Reader, I give you the capital gains

On Thursday, the Internal Revenue Service (IRS) released new estimates of the US “tax gap,” which measures the difference between the taxes people, corporations, and other entities legally owe and what is actually collected. The tax gap totals nearly $8 trillion over the past decade, according to the chief mathematician (#MathIsReal) for the Senate Budget

In a new working paper, Roosevelt Senior Economist and Fellow Lenore Palladino argues that the 21st century American economy requires a new, more accurate, and more effective model for corporate governance—one that can advance worker power and employee representation within American corporations and curb inequality. As it stands, outsized shareholder power is contributing to rising economic

The rules of trade and of the global economy are failing too many. Due to false assumptions about the role of markets and the role of government in our economy, policymakers have narrowed their idea of international trade over the last 40 years, harming workers and hindering economic potential. By expanding our understanding of markets

The $1.6 trillion student debt crisis is holding back many Americans, but it is especially damaging to racial equality. Already disadvantaged by generational wealth disparities, Black students and their families end up paying more for college than white families do, and they get a lot less in the end. To build a higher education system

Student debt cancellation is generating the most online attention out of all of the Democratic presidential candidates’ policy proposals, according to a new analysis. Given that issues like health care or immigration are usually what voters care most about, this is a notable shift. It’s not just the subject of student debt that has captured

FOR IMMEDIATE RELEASE: July 30, 2019 CONTACT: Kendra Bozarth, kbozarth@rooseveltinstitute.org Reviving Industrial Policy and Economy-Wide Planning in the Time of Global Crises New Roosevelt report explores the role of democratic industrial policy in tackling America’s greatest global threats The US faces numerous challenges—from climate change to trade competition—that make a more robust industrial policy and

To address the existential threat of climate change, the international community must come together and rewrite the rules. In a new working paper, Roosevelt Fellow Todd Tucker argues that a global Green New Deal—in tandem with a domestic Green New Deal—can both remake an international trade infrastructure in crisis and decarbonize the global economy in

After a few decades’ absence, industrial policy is back in the national conversation, with support from leading academics, grassroots movements, and politicians ranging from Sen. Elizabeth Warren to Sen. Marco Rubio. Despite its dormancy in the public debate, industrial policy and planning lie at the heart of many capitalist economies—and both should anchor the future

At least a quarter of the 2.3 million incarcerated people in US are addicted to opioids. The fact that our criminal justice system does not routinely provide treatment for opioid withdrawal or treat addiction as a disease is at best wasteful and counterproductive. Harsh drug laws ensure that we continue to see addiction as a