Articles
Tokenization Of Real-World Assets: A Market Taking Shape
Managing the profound change demands harnessing advantages, mitigating risks, and creating careful legislation.
October 21, 2026
Published: July 10, 2018
America’s economy benefits from its mobile society and dynamic labor force. American rates of mobility are much higher than in other developed countries. And immigrants in America come to work. In fact, workforce participation by immigrants is higher than that of native-born Americans.
Click below to watch the other videos in Examining America's Exceptional Economy.
This four-part video series explores what has made America's economy successful, what sets it apart from other nations, and what needs to be done to sustain its prominence in the global economy. Lazear shows that America and its people have prospered by prioritizing economic freedom, industriousness, low taxes, light regulation, free trade, and openness to immigration.
Edward Lazear studies labor markets, tax reform, human capital, and their effects on economic growth. He is the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution and the Davies Family Professor of Economics at Stanford University's Graduate School of Business. He also served at the White House from 2006 to 2009 as a chairman of the President's Council of Economic Advisers.
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Managing the profound change demands harnessing advantages, mitigating risks, and creating careful legislation.
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