The Heritage Foundation recently released a response to “The Economic Benefits of Investing in Clean Energy" by Robert Pollin, James Heintz & Heidi Garrett-Peltier, which, surprisingly, finds consensus on the central point of that study: that investments in clean energy will generate roughly...

The U.S. system of public infrastructure has deteriorated badly over the past generation. The breaching of New Orleans’ water levees in 2005 and the collapse of the I-35W bridge in Minneapolis in 2007 offered tragic testimony to this long-acknowledged reality. The project of rebuilding our...

September 2008As the nation debates its energy future, this report shows that the U.S. can create two million jobs by investing in a rapid green economic recovery program, which will strengthen the economy, increase energy independence, and fight global warming.Green Recovery – A Program to...

This study, commissioned by the Center for American Progress, examines  broader economic considerations—jobs, incomes, and economic growth—through the lens of two government initiatives this year by the Obama administration and Congress. The first is the set of clean-energy provisions...

Robert Pollin, James Heintz, Heidi Garrett-Peltier and Jeannette Wicks-Lim show that since 2009, U.S. commercial banks and large nonfinancial corporations have been carrying huge cash hoards and other liquid assets, totaling $1.4 trillion. Small businesses, by contrast, have been locked out of...

In this research brief, Heidi Garrett-Peltier estimates the employment impacts of President Obama’s Better Buildings Initiative: a set of tax code changes, lending programs, and a competitive grant program, designed to incentivize private investment in energy-efficiency upgrades to commercial...

The authors look at the level of job losses that would be sustained if substantial cuts were made in federal spending on defense contracting in Massachusetts. They compares those impacts with potential cuts at a similar scale to education, healthcare, construction or clean-energy spending,...

The importance of the Supplemental Nutrition Assistance Program in combating poverty in our country by alleviating hunger was driven home anew during the Great Recession of 2007-2009 and the subsequent tepid economic recovery. The program is credited with preventing a dramatic increase in hunger...

The war in Iraq is a strategic and moral disaster. But one issue relating to the war that hasn’t been addressed in depth is its impact on the U.S. economy. In the first of a series of research papers that will consider this issue, Robert Pollin and Heidi Garrett-Peltier consider the impact of...

This study focuses on the employment effects of military spending versus channeling some significant part of the military budget into alternative purposes.  We begin by introducing the basic input-output modeling technique for considering issues such as these in a systematic way. We then...