Kevin Hassett is a prominent American economist who has made significant contributions to the field of economics, particularly in the areas of taxation, fiscal policy, and economic growth. Born on March 20, 1962, in Greenhills, Ohio, Hassett developed an interest in economics at an early age and pursued his passion through academic and professional endeavors. He earned his Bachelor's degree in Economics from the University of Pennsylvania in 1984 and later received his Ph.D. in Economics from the University of Pennsylvania in 1990.
Academic and Professional Career
Hassett’s academic career began as a lecturer at the University of Pennsylvania, where he taught economics from 1990 to 1993. He then joined the American Enterprise Institute (AEI) as a resident scholar and director of economic policy studies, a position he held from 1997 to 2017. During his tenure at AEI, Hassett focused on researching and analyzing various economic issues, including tax reform, healthcare policy, and economic growth. His work at AEI helped shape the organization’s economic policy agenda and informed decision-makers in Washington, D.C.
Research and Publications
Hassett has authored numerous research papers and articles on topics such as taxation, economic growth, and fiscal policy. His work has been published in prestigious academic journals, including the Journal of Economic Perspectives, Journal of Public Economics, and National Tax Journal. Some of his notable publications include “Taxation and Economic Growth” (2002), “The Economics of Taxation” (2006), and “Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market” (1999), co-authored with James K. Glassman. Hassett’s research has been widely cited, and his expertise has been sought by policymakers, business leaders, and media outlets.
| Year | Publication | Description |
|---|---|---|
| 1999 | "Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market" | Co-authored book predicting a significant rise in the stock market |
| 2002 | "Taxation and Economic Growth" | Research paper examining the relationship between taxation and economic growth |
| 2006 | "The Economics of Taxation" | Book providing an in-depth analysis of taxation and its effects on the economy |
Policy Experience and Advisory Roles
In addition to his academic and research work, Hassett has held various policy and advisory positions. From 2003 to 2004, he served as a senior economic advisor to the George W. Bush presidential campaign. In 2017, he was appointed as the Chairman of the Council of Economic Advisers (CEA) by President Donald Trump, a position he held until 2019. As CEA Chairman, Hassett played a key role in shaping the Trump administration’s economic policy agenda, including tax reform, trade policy, and regulatory reform.
Notable Policy Initiatives
During his tenure as CEA Chairman, Hassett was involved in several notable policy initiatives, including the Tax Cuts and Jobs Act (2017), which aimed to reduce corporate and individual tax rates, and the United States-Mexico-Canada Agreement (USMCA), a trade agreement replacing the North American Free Trade Agreement (NAFTA). Hassett’s expertise and advice were instrumental in shaping these policy initiatives, which had significant implications for the US economy and trade relationships.
- Tax Cuts and Jobs Act (2017): reduced corporate and individual tax rates to promote economic growth and competitiveness
- United States-Mexico-Canada Agreement (USMCA): replaced NAFTA, aiming to modernize trade relationships and promote economic cooperation among the three countries
- Regulatory reform: aimed to reduce regulatory burdens and promote economic growth by streamlining regulatory processes and reducing unnecessary regulations
What is Kevin Hassett’s background in economics?
+Kevin Hassett earned his Bachelor’s degree in Economics from the University of Pennsylvania in 1984 and later received his Ph.D. in Economics from the University of Pennsylvania in 1990. He has worked as a lecturer, researcher, and policy advisor, and has held various positions, including Chairman of the Council of Economic Advisers.
What are some of Kevin Hassett’s notable publications?
+Some of Kevin Hassett’s notable publications include “Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market” (1999), “Taxation and Economic Growth” (2002), and “The Economics of Taxation” (2006). His work has been widely cited, and his expertise has been sought by policymakers, business leaders, and media outlets.
Related Terms:
- kevin hassett aei
- kevin hassett wikipedia
