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The Next Boom: Building the Foundation of a New Strategic Era

October 25, 2010
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I am very excited that Paul Glastris and the good folks at The Washington Monthly have published my latest piece, co-authored with my colleague Chris Leinberger of the Brookings Institution. It's called The Next Real Estate Boom: How housing (yes, housing) can turn the economy around.

Detroit Digital Justice Coalition Awarded $2 Million to Enhance Local Information Economy

September 28, 2010

For Immediate Release

New America Foundation's Open Technology Initiative announced that the Detroit Digital Justice Coalition (DDJC) is receiving approximately $2 million in federal stimulus funds to expand its community organizing and economic development efforts in Detroit, Hamtramck, and Highland Park, Michigan. The Open Technology Initiative has supported the DDJC since its inception in 2009. The federal grant comes through a partnership between the DDJC and Michigan State University.

The American Social Contract

  • By
  • Sherle R. Schwenninger,
  • New America Foundation
September 28, 2010

The Great Recession has put enormous strain on the American social contract, exposing not only the many holes in our social safety net but also the weaknesses in its basic design and philosophy.

The Challenges and Opportunities of an Urban World

Friday, October 8, 2010 - 9:00am

The International Housing Coalition (IHC), Foreign Policy magazine and the New America Foundation's Global Assets Project sponsored an interactive discussion on The Challenges and Opportunities of an Urban World, in celebration of World Habitat Day 2010.

The Right Plan to Tackle America’s Twin Crises

  • By
  • Bernard L. Schwartz,
  • New America Foundation
  • and David Rothkopf, Foreign Policy Magazine
September 8, 2010 |

President Barack Obama has launched the US midterm campaign season with a series of major economic initiatives. They include plans to fix America’s crumbling infrastructure, to increase and make permanent research and development tax credits, to create new incentives for small business and to extend the Bush tax cuts for the middle class. Each idea has been met by a predictable chorus of predictions that they could not pass in the current US political climate. While the environment is indeed bleak, the economic situation confronting America warrants a different response.


Public Purpose Finance

  • By
  • Michael Lind,
  • New America Foundation
September 9, 2010

Executive Summary

Rebuilding the American economy in the aftermath of the most severe global economic crisis since the Great Depression can be achieved in part with the aid of public economic development banks that can leverage private capital for public purposes that include investment in infrastructure, energy, R&D, manufacturing and skills development. 

Plan B for Obama

  • By
  • Thomas Palley,
  • New America Foundation
September 6, 2010

Mr. President:

With hopes of a V- or U-shaped recovery fading, there is the increasing prospect of an L-shaped future of long stagnation, or even a W-shaped future in which W stands for something worse. The reason for this dismal outlook is economic policy is trapped by failed conventional thinking that can only deliver wage stagnation and prolonged mass unemployment.

Your administration’s current economic recovery program has been marked by four major failings:

The Case for a Multi-Year Infrastructure Investment Plan

  • By Laura Tyson, University of California, Berkeley
September 6, 2010

The US is suffering from the worst labor market crisis since the Great Depression.  After hitting a high of 10.1% in October of last year, the unemployment rate has stalled at 9.6%, more than double what it was in 2007 before the Great Recession gripped the economy. The primary culprit behind today’s high unemployment rate is inadequate demand.

Thoughts on a Plan B

  • By James K. Galbraith, University of Texas at Austin
September 6, 2010

In July 2008, in a memorandum for the Obama campaign team and later published in Challenge,  I wrote as follows:

If the above analysis is correct, the political capital of the new presidency risks being depleted, quite quickly, in a series of short-term stimulus efforts that will do little more than buoy the economy for a few months each. Since they will not lead to a revival of private credit, every one of those efforts will ultimately be seen as “too little, too late” and therefore as ending in failure.


  • By
  • Christina Larson,
  • New America Foundation
August 19, 2010 |

Can there ever be another Silicon Valley, in the United States or anywhere else? What makes it so special?

One thing is the weather. You think I'm joking, but the weather is certainly a part of it.

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