Videos
Industrial Policy: The Case Of Shipbuilding
The United States produces very few ships. China produces many. Why?
November 11, 2026
Published June 15, 2022
National test scores suggest that large economic shocks lead to long-lasting effects on student achievement. It happened with students born during the Great Recession and is likely to happen again with the COVID-19 generation. In the coming years, test scores in the National Assessment of Educational Progress (NAEP) will reflect these consequences, but there is still time to remedy the losses in education that children experienced during the pandemic.
Discussion Questions:
- What would be an effective way to catch students up to their grade levels?
- What type of effect will online learning have on young children?
Additional resources:
- Read “Declining NAEP Scores Are Flashing Red Lights for the COVID Generation,” by Michael J. Petrilli. Available here.
- Read “Bad Student Scores in History and Civics Flatten the Wrong Curve,” by David Davenport. Available here.
- Listen to “A $14 Trillion Loss from Coronavirus-Related School Closures,” with Eric Hanushek and Paul Peterson, on The Education Exchange. Available here.
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Limiting Federal Spending Growth to Balance the Budget
Many think that balancing the federal budget would require deep cuts in entitlement programs. This paper shows to the contrary that the budget can be balanced within 15 years through modest and sustained federal spending restraint and moderately higher economic growth. Key to this restraint is to limit the growth in the average future value of entitlement benefits per recipient to today’s level, after adjusting for inflation and rising healthcare costs.
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