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February 12, 2024
…calculating the percent change in median income from each generation to the next. The goal: to gauge economic mobility by determining whether each generation as a whole has surpassed the…
November 30, 2023
…This relative measure adjusts yearly thresholds in line with median income changes. “The dramatic reduction in poverty by 2019 based on President Johnson’s absolute 1960s standards suggests that policymakers might…
September 12, 2023
…the 19th-century British historian and politician, Thomas Babington Macaulay: “On what principle is it that with nothing but improvement behind us, we are to expect nothing but deterioration before us?”…
August 21, 2023
…to be contrarian just for the sake of being contrarian, I take a starkly different view on all of those issues. Time for some myth busting, Faster, Please! style! “The link between…
August 1, 2023
…a family of four, or a family plan, which is something a little over $20,000. But that’s not how the median family buys their health insurance. The median family is…
July 7, 2023
…the new analysis, “Economic freedom, 1850–2020: New evidence” by economic historian Leandro Prados de la Escosura. There are two important things to note about that chart. First is the definition…
June 15, 2023
…LC, at least as it applies to the American economy. This is a big one: According to calculations by AEI economist Michael Strain, real median wages grew by 34 percent from 1990…