Three years after the 2008 financial crisis, America’s housing market still languishes and millions of families are losing their grip on “The American Dream.” A new survey by the Wilson Center finds that despite the bursting of the housing bubble, an overwhelming majority of Americans still feel that homeownership is both important to them and a part of the American Dream. A majority also said homeownership should be a national priority.
The volume features recent work by Nobel Laureate Paul Samuelson and a thought provoking book, Global Trade and Conflicting National Interest by Ralph Gomory, the recently retired director of the Sloan Foundation, and New York University Professor William Baumol. Using different approaches, the three authors point to the ability of public and private sectors to change a country's comparative advantage in ways that can reduce the gains from trade for the United States or other advanced industrial countries. The volume also features a number of commentators who amplify, complement, or question the importance of the findings of the three authors. The conference on new thinking in international trade was made possible through a generous grant of the Alfred P. Sloan Foundation.
JULY 2005--Watch the archived webcast of Winning the Oil Endgame
The populist backlash against austerity measures may force Greece to abandon the euro, sparking contagion in other parts of Europe. Speaking at The Wilson Center, Harvard scholar Harris Mylonas examines the influence of local politics on economic reforms.
The second volume notes that several countries are, in fact, working to change their comparative advantage by making investments in education, research and development, and infrastructure. They are also adopting policies that create an environment that encourages private sector investment and risk taking. In discussing how the United States should respond to the shifting comparative advantage of our trading partners, Senators Lamar Alexander and Jeff Bingaman stress the importance of increased investments in the physical sciences and the need to improve mathematics and science education. Other conference participants focus on policies in key regions of the world and still others urge attention to the U.S. current account and fiscal deficits. The conference on new thinking in international trade was made possible through a generous grant of the Alfred P. Sloan Foundation.