By the Price of Business, Radio Partners of US Daily Review.
As Director of The Heritage Foundation’s Center for Data Analysis, William W. Beach is the think tank’s chief “number cruncher.” He oversees Heritage’s original statistical research on taxes, Social Security, energy, crime, education, trade and a host of other issues, ensuring it is both rigorous in technical scholarship and produced in time to help inform public debate.
Under Beach’s leadership, Heritage has acquired one of the largest collections of privately held public-policy databases in the United States, as well as a variety of peer-reviewed analytical models. Together, these acquisitions allow the Center for Data Analysis (CDA) to produce some of the most sophisticated calculations done anywhere in the world.
Because of his ability to boil down complicated data into plain language and real-world examples, Beach is a reliable source for news reporters and a frequent guest on television and radio talk shows. He serves on the Economics Advisory Panel for ABC News.
Beach helps build analytical models as well as acquires them. He was instrumental in developing the state-of-the-art econometric models Heritage uses to produce detailed estimates of how proposed tax and energy changes would affect individuals, families and business sectors as well as the overall national economy. Indeed, CDA has become the leading proponent of “dynamic scoring,” which shows, for example, how much federal revenues change when the U.S. economy reacts to a tax increase or tax cut.
Under Beach’s direction, CDA has progressed to the point that it regularly competes with the Congressional Budget Office, the Office of Management and Budget, the Joint Committee on Taxation or any other government agency when it comes to “scoring” potential costs and benefits of legislation. Indeed, federal lawmakers often ask CDA to analyze their draft legislation, knowing they can get a reliable estimate more quickly than from a Capitol Hill agency.
Prior to joining Heritage in 1995, Beach held a variety of posts in the public, private and academic sectors. He served as a litigation economist with two Kansas City, Mo., law firms – Campbell & Bysfield and Watson, Ess, Marshall & Enggas – where he specialized in analyzing how anti-trust legal remedies would alter product pricing and availability. Later, as an economist for Missouri’s Office of Budget and Planning, he designed and managed the state’s econometric model and advised the governor on revenue and economic issues.
After a stint in the corporate headquarters of Sprint United Inc., Beach moved to the Washington, D.C., area to serve as president of the Institute for Humane Studies at George Mason University.
A graduate of Washburn University in Topeka, Kan., Beach also holds a master’s degree in history and economics from the University of Missouri-Columbia. He is a visiting fellow at Buckingham University in Great Britain.