The American Dream Is Not Dead (but Populism Could Kill It)

Join us for the Jefferson Educational Society's Global Summit XVI, featuring Michael Strain! Michael R. Strain is the director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. His research and writing span a wide range of areas, including labor markets, public finance, social policy, and macroeconomics. He has published several dozen articles in leading academic and policy journals. Dr. Strain is also the author of The American Dream Is Not Dead: (But Populism Could Kill It) (Templeton Press, 2020), in which he examines long-term trends in economic outcomes for typical workers and households. He is the editor or coeditor of Preserving Links in the Pandemic: Policies to Maintain Worker-Firm Attachment in the OECD (AEI Press, 2023); What Has Happened to the American Working Class Since the Great Recession? (American Academy of Political and Social Science, 2021), The US Labor Market: Questions and Challenges for Public Policy (AEI Press, 2016), and Economic Freedom and Human Flourishing: Perspectives from Political Philosophy (AEI Press, 2016). He was a member of the AEI-Brookings Working Group on Poverty and Opportunity, which published in 2015 the report Opportunity, Responsibility, and Security: A Consensus Plan for Reducing Poverty and Restoring the American Dream. Dr. Strain is concurrently Professor of Practice in the McCourt School of Public Policy at Georgetown University. He is also a research fellow with the IZA Institute of Labor Economics in Bonn, Germany; a research affiliate with the Institute for Research on Poverty at the University of Wisconsin–Madison; and a member of the Aspen Economic Strategy Group. He has served on several committees and working groups at the intersection of academic research and economic and social policy, including for the American Academy of Arts and Sciences; the National Academy of Social Insurance, where he is an elected member; and the National Academies of Sciences, Engineering, and Medicine. Dr. Strain also writes frequently for popular audiences, and his essays and op-eds have been published by the New York Times, the Wall Street Journal, the Washington Post, the Financial Times, Bloomberg Opinion, and National Review, among other outlets. He is a columnist for Project Syndicate. Dr. Strain has testified before Congress and speaks often to a variety of audiences. A frequent guest on radio and television, he is regularly interviewed by broadcast networks including CNBC, MSNBC, and NPR. As the director of Economic Policy Studies at the American Enterprise Institute (AEI), Dr. Strain oversees the Institute's work in economic policy, financial markets, international trade and finance, tax and budget policy, welfare economics, health care policy, and related areas. Before joining AEI, Dr. Strain worked in the Center for Economic Studies at the US Census Bureau and in the macroeconomics research group at the Federal Reserve Bank of New York. He holds a PhD in economics from Cornell University.