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Sustaining Capitalism

What are the biggest issues facing the American economy and how can they be solved? The Committee for Economic Development presents policy solutions to economic and educational problems here in America. Tune in to hear industry experts making capitalism sustainable.

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Leah Boustan on the history of US immigration, assimilation, and its economic impacts

As described in the January 2020 Committee for Economic Development of the Conference Board (CED) policy statement, Boosting Immigration: Harnessing global talent to increase US competitiveness, innovation, and prosperity, the challenges presented by slowing population and labor force growth and an aging populace will require the US to embrace every available advantage to bolster the strength and productivity of the American workforce in order to help more American families benefit from growth and preserve our global leadership. With its ability to help supplement and complement our existing labor force with additional skills and talent, and help create new entrepreneurial and employment opportunities, immigration policy presents an underutilized opportunity for achieving our nation’s economic goals. Dr. Leah Boustan, Professor of Economics at Princeton University, joins to discuss her research on what we can learn from comparing US immigration past and present, and how those insights can inform today’s immigration policy debates.

41mins

3 Apr 2020

Rank #1

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Early Childhood Education is a National Security Issue

In this episode, Mike Petters, President and CEO of Huntington Ingalls Industries (HII), discussed with CED President Bernard Bailey why early childhood education is vital to national security. “Nothing is more important than to ensure that our children will thrive in a rapidly changing world. I don’t just believe early childhood education in America is a national security issue. I believe it is the national security issue,” Petters wrote in an op-ed in February 2019. Seeing a direct link between early childhood education and national security, Petters, who heads America’s largest shipbuilding company employing more than 40,000 people, started a scholarship fund by declining his annual salary (minus $1) that awards up to $3,000 to each qualified employee for preschool expenses. The HII scholarship is also available to employees who are pursuing postsecondary education. Since its inception four years ago, the company has awarded or renewed 578 scholarships valued at more than $1.5 million. Administered by Scholarship America, applications are selected based on academic and financial needs.

32mins

28 Oct 2019

Rank #2

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How Does the National Debt Affect You?

The national debt is rapidly increasing, but what does that mean for you? Joe Minarik, Senior Vice President and Director of Research at the Committee for Economic Development (CED) sits down with Caroline Ferguson, researcher at CED, to discuss what the looming national debt means and how it will affect future generations.

21mins

11 May 2018

Rank #3

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What's Next for the Economy in 2018?

Joe Minarik is joined by Mike Monahan, the COO of Pitney Bowes, to discuss the 2018 economic outlook. Will the economy keep up its rapid growth?

25mins

22 Dec 2017

Rank #4

Most Popular Podcasts

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How to Increase Gender Diversity in Your Company

Advancing women in business is essential, but how do you do it? Nicole Blythe at Grant Thornton explains their process to Mike Petro.

19mins

30 Mar 2018

Rank #5

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What Can We Learn From West Virginia Forward?

Gordon Gee, President of West Virginia University, talks with Joe Minarik about the West Virginia Forward program and how it could be used elsewhere.

22mins

26 Jan 2018

Rank #6

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Are Charter Schools Valuable?

Can charter schools be successful or should they be done away with? Monica Herk, Vice President of Education Research, joins Mike Petro to explore the workings of charter schools.

17mins

23 Feb 2018

Rank #7

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Why Are High School Grads Unprepared to Enter the Workforce?

What are employers looking for in High School graduates? Chris Gabrieli, Chairman of the Board of Higher Education for Massachusettes, joins Cindy Cisneros to discuss CED's new report.

21mins

6 Apr 2018

Rank #8

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Women and Work: The trends, barriers, and policies affecting women’s labor force participation

As described in the October 2019 Committee for Economic Development of the Conference Board (CED) policy statement Growing the American Workforce: Bolstering Participation Is Critical for US Competitiveness and Economic Strength, the growth of women in the paid workforce was among the most significant labor market stories of post-WWII America. But, after leading much of the world in the trend towards fuller female participation, the US now routinely lags many of its advanced economy peers. With an aging population and slowing labor force growth posing long-run risks to the economic strength and fiscal health of the country, the US must make full use of our available talent, including from groups whose potential contributions the US has failed to fully support and cultivate in the past, in order to achieve growing and broadly shared prosperity and remain globally competitive in a rapidly changing 21st-century economy. Manager of Economic Research at Schmidt Futures and former Research Director at Indeed.com’s Hiring Lab, Martha Gimbel joins us to discuss the trends, barriers, and policy choices shaping women’s labor force participation in the US.

43mins

8 Jan 2020

Rank #9

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Why Do we Need Gender Diversity in Business?

What does the Korn Ferry Institute's recent report tell us about women in the workplace? Evelyn Orr, Vice President & COO of Korn Ferry, shares her insight and personal experience.

27mins

9 Mar 2018

Rank #10

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The 21st Century CEO

What does it take to be a CEO in the modern world? Ron Marshall, CEO of Claire's, joins Joe Minarik to provide an inside look at today's corporations.

23mins

9 Feb 2018

Rank #11

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Why Are Apprenticeships Back in Business?

Education is changing and apprenticeships could be an essential part of our future workforce. Mike Petters, CEO of Huntington Ingalls Industries, discusses how his company is using apprenticeships to supply its workforce.

22mins

20 Apr 2018

Rank #12

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Why High-Quality Early Childhood Learning Experiences Matter

Research shows that ­­­early learning (from birth to 5) not only supports children’s success in school, but it also impacts a child’s future earnings, workplace productivity, and has long-term health benefits as well as multi-generational benefits. In this episode, Elanna Yalow, Chief Academic Officer of KinderCare Education, spoke with Bernard Bailey, CED President, about the critical components of high-quality early learning experiences and how parents can be confident that they are selecting the most appropriate setting for their child and family. Among the most important areas that support quality is ensuring that early childhood educators have the dispositions, skills and ongoing development needed to provide an enriched learning environment for young children.

34mins

15 Nov 2019

Rank #13

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Robert Kueppers and Nick Hart on the importance of the Census and what the COVID-19 pandemic means for our national count

April 1, 2020 is Census Day—Americans responding to the once-in-a-decade count will report where they were living on that day. As the Committee for Economic Development of The Conference Board outlined in its policy brief, The 2020 Census: The Importance of an Accurate and Robust Accounting of our Nation’s Population, the census is the primary source of data on the nation’s population and economy, used to determine our system of political representation, inform business development and investment, and allocate government funds to where they are most needed. As such, the accuracy of the population count is critical for decision-making in the decade ahead and forms an important basis for trust in the fairness of government. But this year’s Census will face unique and uncertain challenges in the form of a COVID-19 pandemic. Robert Kueppers, a retired Senior Partner at Deloitte LLP and chair of the Committee for Economic Development of the Conference Board’s Money In Politics Subcommittee, and Nick Hart, President of the Data Foundation, join to discuss why the Census is so important, what challenges it faces in light of the COVID-19 virus, and how employers can help to ensure a successful count.

24mins

26 Mar 2020

Rank #14

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Molly Kinder on worker perspectives and the future of work

In a rapidly changing 21st-century economy with growing competition from abroad, continuing to field a world-leading, skilled workforce is both more essential and more challenging than ever to the mission of delivering increasing prosperity for American families and preserving our nation’s economic leadership. In the face of uncertain technological disruption, business leaders and policymakers will need to carefully consider the necessary changes and adjustments that could help to ensure that all Americans, including those whose potential contributions the US has failed to fully support and cultivate in the past, are better positioned to prosper in the future. Molly Kinder, a David M. Rubenstein Fellow at the Brookings Institution's Metropolitan Policy Program and lead author of Worker Voices: Technology and the Future for Workers, joins to discuss her work examining the impact of emerging technologies on low wage workers and women and the challenges and opportunities of such technology as perceived by workers in occupations most at-risk of automation.

37mins

15 Jan 2020

Rank #15

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Out of Work: Trends, causes, and potential solutions for labor force nonparticipation in the 21st century

With workforce and population growth both slowing, the US will need to make full use of its available talent if it is going to remain globally competitive and continue to deliver growing prosperity for American families. To help address this challenge, the Committee for Economic Development of the Conference Board has released a new policy brief, Growing the American Workforce: Bolstering Participation Is Critical for US Competitiveness and Economic Strength, aimed at increasing labor force participation and attachment in the near-term to help more Americans achieve their employment goals and contribute to the strength of the US workforce. High labor force participation is a crucial part of achieving broadly shared economic growth. Jay Shambaugh, former Member of the White House Council of Economic Advisors and one of the authors of the recent Hamilton Project strategy paper Labor Force Nonparticipation: Trends, Causes, and Policy Solutions, joins to discuss the evolution of, and impediments to, labor force participation since the turn of the century and potential remedies to help grow the American workforce.

34mins

9 Dec 2019

Rank #16

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Strengthening the American Workforce: CED recommendations for increasing labor force participation and attachment

In a rapidly changing 21st-century economy, continuing to field a world-leading, skilled workforce is both more essential and more challenging than ever to the mission of delivering increasing prosperity for American families and preserving our nation’s global economic leadership. The US must confront its demographic challenges, as an aging population and slowing labor force growth pose long-run risks to the economic strength and fiscal health of the country. To help confront these challenges and offer policy makers and business leaders balanced, reasoned solutions in the public interest, in October 2019, the Committee for Economic Development of the Conference Board (CED) released Growing the American Workforce: Bolstering Participation Is Critical for US Competitiveness and Economic Strength with recommendations focused on making it easier and more attractive for more Americans to find work and remain working. CED’s workforce subcommittee co-chair, Paul Decker, President and CEO of Mathematica, will join us to discuss this policy brief, its insights for what’s ahead, and how its recommendations could spur economic growth.

40mins

3 Jan 2020

Rank #17

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How Quality Early Education Helps Shape the Future of Our Workforce

PNC’s Grow Up Great initiative exemplifies how business can step in and make an educational difference in children’s early years. This year PNC celebrates the 15th anniversary of their Grow Up Great program, a bilingual initiative to help children from birth through age 5 prepare for success in school and in life. In 2004, PNC employees chose early education as the company’s philanthropic focus when investing in early childhood education did not have as much widespread support as it does today. To date, more than 5 million children across the country have been supported through PNC’s local grants and educational programming. In this episode, Tom Lamb, Senior Vice President of the PNC Financial Services Group and a CED Trustee, and Jim Hansen, Regional President of Eastern Carolinas for PNC Bank discuss how the program started, its impact on employees and plans for the future.

36mins

18 Dec 2019

Rank #18

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Claudia Sahm on evaluating the Federal response to the COVID-19 pandemic’s economic impacts

Faced with a public health and economic crisis unlike any in living memory, Congress has enacted trillions of dollars of relief while the Federal Reserve is carrying out unprecedented market interventions. How successful have those efforts been and what more will need to be done in order to minimize harm? How should policymakers proceed given the uncertainties they face? Claudia Sahm, director of macroeconomic policy at the Washington Center for Equitable Growth, joins to discuss the Federal policy response to the COVID-19 pandemic to-date, the challenges of economic forecasting in the midst of a public health emergency, lessons learned from the Great Recession, and whether this time is different.

1hr

7 May 2020

Rank #19

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Hana Schank on challenges in delivering public aid to address COVID-19

The public sector is scrambling to address the massive public health and economic crisis driven by the COVID-19 pandemic. As policymakers and bureaucrats at all levels of government have sought to ameliorate harm and spur an effective response, the performance of many government programs and systems—in terms of meeting demand for fast changes, increased use, and more flexible operations—has been rocky at best. New legislation designed to provide trillions of dollars in relief has met, at least initially, with several challenges that may be reducing the speed and effectiveness of intended aid. Hana Schank (https://www.newamerica.org/our-people/hana-schank/) Director of Strategy for Public Interest Technology at New America, a former member of the US Digital Service, and co-author of a forthcoming book on public interest technology and the recent essay “Why the rollout of the $2 trillion CARES Act was a colossal mess” (https://www.fastcompany.com/90491891/why-the-rollout-of-the-2-trillion-cares-act-was-a-colossal-mess), joins to discuss why the rollout of relief has been a challenge, the roots of the public sector’s struggle to deliver aid more effectively, and what Congress and other policymakers can do to improve future performance.

33mins

29 Apr 2020

Rank #20