The Hamilton Project seeks to advance America’s promise ofopportunity, prosperity, and growth. The Project’s economicstrategy reﬂects a judgment that long-term prosperity isbest achieved by making economic growth broad-based, byenhancing individual economic security, and by embracinga role for effective government in making needed publicinvestments. Our strategy—strikingly different from thetheories driving current economic policy—calls for ﬁscaldiscipline and for increased public investment in key growth-enhancing areas. The Project will put forward innovativepolicy ideas from leading economic thinkers throughoutthe United States—ideas based on experience and evidence,not ideology and doctrine—to introduce new, sometimescontroversial, policy options into the national debate withthe goal of improving our country’s economic policy.The Project is named after Alexander Hamilton, thenation’s ﬁrst treasury secretary, who laid the foundationfor the modern American economy. Consistent with theguiding principles of the Project, Hamilton stood for soundﬁscal policy, believed that broad-based opportunity foradvancement would drive American economic growth, andrecognized that “prudent aids and encouragements on thepart of government” are necessary to enhance and guidemarket forces.