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Differences in Entrepreneurship Across the US: Can Industrial Policy Help?

In the US, the size of a locality does not necessarily determine its rate of entrepreneurship, with the densely populated Northeast lagging. Legislators have rolled out a series of place-based acts to support specific businesses in certain geographical areas. What factors are causing the disparities, and will legislation make a difference? ....

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A Clear-Eyed Look at Our Demographic Future

An aging U.S. population presents real, but manageable, challenges—if we’re willing to act. ....

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Policy Opportunities for the Remote Economy

Policy Opportunities for the Remote Economy
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The New Deal and Recovery, Part 10: The Roosevelt Recession

The New Deal and Recovery, Part 10: The Roosevelt Recession
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By the start of 1937, things were looking up for the U.S. economy. Although the Supreme Court had struck down both the NIRA and the AAA the chief pillars of the original New Deal s recovery plan some time earlier, like a glider released by its tow plane, the recovery itself kept going.
Indeed, the glider analogy doesn t quite work, because instead of gradually declining, economic activity started rising faster than ever: whereas in 1934 and 1935 real GNP grew by 7.7 and 8.1 percent, respectively, in 1936 it grew by a whopping
14.1 percent. Between May 1935, when the NIRA was struck down, and April 1937, unemployment fell by a third as compared to a 28 percent decline while the NRA codes were in effect. Bank lending, long stagnant, also started to revive. And the stock market, which bounced around but otherwise made little headway while the NRA did its thing, rose by a hefty 70 percent.[1] ....

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How Did Agri-start-ups Fare during the COVID-19 Pandemic? : Challenges and the Way Forward

Although agricultural start-ups in India took a hit due to the COVID-19-induced lockdown, they have enormous potential in aiding economic recovery. A survey of 162 start-ups from 29 states, located in 98 cities, reveals that many start-ups have tailored their products, modified their technologies and invested in their long-term growth potential, even as they suffered from liquidity crunch, lack of investor funds and poor demand. The government should provide capital access, market access support and end-to-end solutions for innovation and marketing towards harnessing the power of these start-ups.
The unprecedented impact of COVID-19 and resultant national lockdowns have plunged the global economy into a recessionary phase, with most countries sealing their international borders and restricting movements of people and trade. In India, the lockdown from 24 March to 31 May had affected all sectors of its economy. Even after the lockdown, the uncertain economic environment preva ....

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