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EconomicPolicyInstitute

Making whole-child education the norm

Skills such as critical thinking, persistence, and self-control—which are often called noncognitive skills or social and emotional skills—are vitally important to children’s development. In a new report, EPI’s Emma García and Elaine Weiss outline why and how nurturing these skills should be incorporated into the goals and components of public education. García and Weiss argue that since these skills are linked to academic achievement, productivity and collegiality at work, positive health indicators, and civic participation, they should be an explicit goal of public education.

THE FED

Making the Federal Reserve work for everyone

On Thursday, August 25, EPI’s Josh Bivens joined the Fed Up coalition, eight Federal Reserve presidents, and two Federal Reserve governors in a discussion about monetary policy and governance at the Federal Reserve Bank’s annual Economic Policy Symposium in Jackson Hole, Wyoming.

EPI’s Valerie Wilson coauthored a new report that describes why the Federal Reserve Bank should be fully public, and explains how this can be achieved. The report also proposes actions to enhance the bank’s public accountability and transparency.

IN THE NEWS
Reuters
The Wall Street Journal covered EPI and Fed Up’s joint report on making the Federal Reserve Bank more accountable. EPI’s Valerie Wilson explained that the Federal Reserve’s outdated structure makes it harder for its decisions to serve the public. | "Former Fed staffer, activists detail plan to overhaul Central Bank" »
Reuters
The Washington Post quoted EPI research associate Ron Hira on the use of guestworker visas to hire IT professionals. "This drives down wages and harms working conditions for Americans and immigrants alike because H-1B workers are paid less," he noted. | "IT now accounts for 4.6 million jobs — and most of them are going to men" »
Reuters
Mic quoted EPI’s Ross Eisenbrey on how Sen. Bernie Sanders influenced Hillary Clinton’s political agenda. “I think he sharpened her attack on the wealthy and has pushed her to do more on, for example, fighting corporate offshoring of profits." | "Hillary Clinton makes big promises to Bernie’s millennial fans — but can she keep them?" »
Reuters
The Washington Post cited EPI research on raising the federal minimum wage, noting that 35 percent of African American workers would see their wages rise, directly or indirectly, due to a hike to $12. | "African Americans have a lot to ‘lose’ from a Trump presidency" »
Reuters
In “Marketplace’s” story about EPI’s recent report on the teacher pay gap, EPI’s Lawrence Mishel explained that “some teachers have foregone wage increases in order to preserve their benefits.” | "Teachers feel undervalued — and they may be right" »
Reuters
The Wall Street Journal also covered EPI’s report on the teacher pay gap, noting that even when including benefits, teachers’ weekly compensation was 11 percent less than similar workers’ last year. | "Pay gap between public-school teachers and similar workers is wider than ever" »
From the EPI Blog
Pedro da Costa
What’s luck got to do with it? When it comes to money, quite a bit
Josh Bivens
Why is the economy so weak? Trade gets headlines, but it’s more about past Fed rate hikes and the TCJA’s waste
Valerie Wilson and Jhacova Williams
Racial and ethnic income gaps persist amid uneven growth in household incomes
Julia Wolfe and Hunter Blair
Government programs kept tens of millions out of poverty in 2018
Elise Gould and Julia Wolfe
Slowdown in household income growth continues in 2018
Melat Kassa and Zane Mokhiber
By the Numbers: Income and Poverty, 2018
Valerie Wilson and Elise Gould
What to watch for in the 2018 Census data on earnings, incomes, and poverty
Elise Gould
What to Watch on Jobs Day: Wage growth is key to a sustainable recovery
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