The size and diversity of our country, together with the fact that state and local policymakers retain significant discretion over how to structure their educational systems, provides us a natural laboratory for assessing the effectiveness of alternative educational strategies. I view the debate about what works and what doesn’t to be a crucial part of discovering cost-effective ways to improve our educational system.
Russia's war against Ukraine, the energy crisis, the monetary policy response to tackle inflation, the risk of recession, the state of labour markets and supply chains as well as the ongoing impact of China's approach to managing the pandemic have created a very uncertain economic path. Increasing price pressures across the world are putting a squeeze on real incomes and undermining macroeconomic stability.