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Public Policy

Can Industrial Policy Help Revive Struggling Regions?

A new paper co-authored by Yale SOM’s Cameron LaPoint looks at an effort in 1980s Japan to narrow economic inequalities between geographic regions, in order to understand the potential impact of the similar U.S. CHIPS and Science Act, enacted in 2022.

President Joe Biden with a quantum computer during a tour of an IBM facility in Poughkeepsie, New York, in 2022.
  • Are We Asking Too Much of Central Banks?

    Paul Tucker, a former deputy governor of the Bank of England, says that giving central bankers too much power can lead to dangerous unintended consequences.

    Mario Draghi (center), president of the European Central Bank, during a news conference in December 2017. Photo: Alex Kraus/Bloomberg via Getty Images.
  • Experiment to Save an Endangered Fish Holds Lessons for Policymakers

    Randomized control trials may offer a tool for cost-effective, evidence-based policy making and perhaps even a deeper understanding of human behavior.

    A fish vendor in Chile. Photo by Ahmed Mushfiq Mobarak.
  • Lessons for the Crisis Fighters

    Yale SOM’s Andrew Metrick and the Yale Program on Financial Stability are studying the global financial crisis of 2007-09, working to create the knowledge and tools to prepare the next generation of policymakers who find themselves in the eye of a monetary maelstrom.

    The New York Stock Exchange on September 17, 2008. The Dow Jones Industrial Average closed down 449 points, a day after an $85 billion bailout of AIG. Photo: Mario Tama/Getty Images.
  • How Can We Make Elections Work Better?

    We asked Yale SOM faculty in operations, game theory, finance, and design: “What’s one change we could make to improve the way we vote in the U.S.?”

    Voting booths with legs visible.
  • Three Questions: Prof. Jason Abaluck on Short-Term Health Insurance

    We asked Yale SOM health economist Jason Abaluck how the expansion of low-cost, short-term insurance could affect consumers and the insurance markets.

    Patients in the emergency waiting room of John H. Stroger Hospital in Chicago. Photo: Jose More/VWPics via AP Images.
  • Yale Study Finds Twice as Many Undocumented Immigrants as Previous Estimates

    New research suggests that the population of undocumented immigrants in the United States may be 22 million, nearly twice what has been believed.

    A crowded sidewalk in New York city
  • Three Questions: Prof. Barbara Biasi on Teacher Pay

    We asked Barbara Biasi, a labor economist with a focus on education, about this year’s teachers' strikes and the wider implications of how we compensate teachers.

    A teacher in a classroom
  • Can Organized Labor Come Back?

    Richard Trumka, president of the AFL-CIO, sees collectivism as a force that can transform a broken system and bring about a fair and equitable future.

    Union rally
  • Perspective: The Federal Agency

    What’s the role of the federal government in addressing the challenges facing Appalachian Ohio? Ray Daffner ’86 discusses the work of the Appalachian Regional Commission.

    Factory in Appalachian Ohio
  • Perspective: The Governor

    Former Ohio governor Ted Strickland talks about the people, poverty, politics, and possibilities of Appalachian Ohio.

    A mountain road in Appalachian Ohio