Nevertheless, the three Nobelists deserve congratulations for their work showing how institutions that foster economic and political liberty are the only way to generate sustained prosperity and ...

While economic institutions are critical for determining whether a country is poor or prosperous, it is politics and political institutions that determine what economic institutions a country has.

Decent Work and Economic Growth Promoting equitable and sustainable economic growth that offers dynamic and valuable jobs. The world’s economy is a complex interconnected system. Fostering good, ...

Acemoglu said that their work highlights the critical role of democratic institutions in fostering growth.

6. Community-Based Economics We support redesigning our work structures to encourage employee ownership and workplace democracy. We support developing new economic activities and institutions that ...

As the nature of work evolves, so too must our strategies for inclusion, innovation, and economic mobility. This session explores the shifting landscape of workforce development—where new technologies ...

The combination of an aging work force, artificial intelligence and shifts in globalization will challenge America in ways not seen in decades.

On the face of it, the so-called “Trump accounts” — which would provide parents of newborns with $1,000 to invest on behalf of their child’s future — would be a plus for many families.

Institutions help explain uneven development between countries.Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at ...

The laws and systems that make an economy run, such as market regulations, must be created and maintained by governments. AJR therefore argue that political institutions dictate economic outcomes.

Proposed Medicaid work requirements may greatly limit access to health coverage, lead to substantial economic losses, and fall short of boosting employment, a new report warns. The report was ...

Ms. Edelberg and Mr. Harris work at the Brookings Institution, where she is the director of the Hamilton Project and he is the director of economic studies. You’ve heard warnings for years about ...