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Michael R. Strain

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Michael Strain
Personal details
Political partyRepublican
EducationMarquette University (BA)
New York University (MA)
Cornell University (PhD)

Michael R. Strain is an American economist. He is the John G. Searle Scholar and the director of economic policy studies at the American Enterprise Institute.[1] He is also a research fellow at the IZA Institute of Labor Economics,[2] and a columnist for Bloomberg Opinion.[3] Strain believes that people should not receive livable wages on unemployment, even when certain sectors of industries such as Theatre & Entertainment, will not return for a longer period. He prefers that people who have lost their job due to something out of their control, should be forced to pick a new industry even if they are college educated, just to pay their living expenses. He has faced a severe backlash from this and has been characterized as someone who doesn't care for people in need. Strain's research focuses on labor economics, public finance, and social policy.[4]

Education and career

Strain graduated from Rockhurst High School in Kansas City, Missouri, before attending Marquette University and graduating magna cum laude.[5]

Strain holds an M.A. from New York University and a Ph.D. in economics from Cornell University. In 2005, he joined the Federal Reserve Bank of New York as an assistant economist and worked there for the next two years, when he left to join the Center for Economic Studies at the US Census Bureau in 2008. While still working at the US Census Bureau, he took up the job of administrator at the New York Census Research Data Centers in 2011.[6]

In 2012, leaving his job at the Census Bureau, Strain joined the American Enterprise Institute as a Research Fellow and later became the Deputy Director of Economic Policy Studies at the institute in 2015. At the AEI, he leads the work of the institute in the economic policy, poverty studies, and health care policy.[7]

He is the editor of The US Labor Market: Questions and Challenges for Public Policy[8] He co-edited, with Stan Veuger, the Economic Freedom and Human Flourishing: Perspectives from Political Philosophy.[9] Strain has published articles in The New York Times, The Washington Post, and The Weekly Standard.[10]

Strain has published academic research on gender pay gap, the effects of minimum wage laws, the Affordable Care Act, and payday lending. He has published policy research on increasing employment,[11] the "socially optimal" top marginal income tax rate,[12] worksharing unemployment insurance programs, the effects of job loss, and the federal budget.[13]

In 2013, National Review's Reihan Salam described him as the "most important conservative reformer, and the one who could have the biggest beneficial impact on the well-being of Americans struggling to climb the economic ladder."[13][14] He was featured in a 2014 New York Times Magazine cover story as one of the main intellectuals in the reform conservative movement.[6][15] He contributed a chapter to Room to Grow: Conservative Reforms for a Limited Government and a Thriving Middle Class, a reform conservative manifesto that New York Times columnist David Brooks called "the most coherent and compelling policy agenda the American right has produced this century."[16] He was identified by Karl Rove in 2014 as one of the new "conservative reformers."[17]

Strain's work on employment, anti-poverty and upward mobility issues, and economic opportunity has been featured or profiled in many publications, including The New York Times,[18] The Washington Post, and Bloomberg View. He is a regular guest on major media outlets, including CNBC, MSNBC, and Marketplace Radio.[19]

Personal life

Strain is Catholic.[20][21] Strain and his wife have one son.[22]

Selected publications

Books

  • The US Labor Market: Questions and Challenges for Public Policy (2016). ISBN 978-0844750071
  • Economic Freedom and Human Flourishing: Perspectives from Political Philosophy (2016). ISBN 978-0844750019
  • The American Dream Is Not Dead: (But Populism Could Kill It) (2020) ISBN 978-1599475578

Papers

  • High School Experiences, the Gender Wage Gap, and the Selection of Occupation, Applied Economics, vol. 49, no. 49, 2017.
  • Do Minimum Wage Increases Influence Worker Health?, Economic Inquiry, vol. 55, no. 4, 2017.
  • Has the Affordable Care Act increased part-time employment?, Applied Economics Letters, vol. 23, no. 3, 2016.
  • A Jobs Agenda for the Right, National Affairs, no. 18, winter 2014.[23]

References

  1. ^ "For Room to Grow Series, Michael R. Strain offers array of reforms to combat unnecessary regulation, improve poor employment prospects".
  2. ^ "Registered Author: Michael R. Strain". econpapers.repec.org. Retrieved 2019-04-10.
  3. ^ "Guest Michael Strain".
  4. ^ "AEI - Michael R. Strain".
  5. ^ "Michael R. Strain | AEI Scholar". AEI. Retrieved 2019-05-16.
  6. ^ a b "Can the G.O.P. Be a Party of Ideas?".
  7. ^ "This conservative economist cares more about unemployment than Obama does".
  8. ^ "The US Labor Market: Questions and Challenges for Public Policy".
  9. ^ "Review of "Economic Freedom and Human Flourishing: Perspectives from Political Philosophy" edited by Michael R. Strain and Stan A. Veuger".
  10. ^ "Michael R. Strain".
  11. ^ "A Jobs Agenda for the Right".
  12. ^ "Should the top tax rate be 73 percent?".
  13. ^ a b "Michael Strain's New Jobs Agenda".
  14. ^ "North Carolina's Unemployment Insurance Experiment".
  15. ^ "Behind the Cover Story: Sam Tanenhaus on the G.O.P.'s New Intellectuals".
  16. ^ "The New Right".
  17. ^ "The New Republican Reformers".
  18. ^ "Movement on the Right".
  19. ^ "Corporate tax cuts at heart of tax reform: AEI's Michael Strain".
  20. ^ "Yes, Paul Ryan Can Be Pro-Capitalist and a Catholic".
  21. ^ "Debate over poverty highlights talk of economics and the family".
  22. ^ "Birth, the Great Equalizer". National Review. 2017-10-23. Retrieved 2019-05-16.
  23. ^ "Publications by Michael R. Strain".
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