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November 4, 2024
Again, Tariffs Didn’t Make American Manufacturing Great
…that America “in the 1890s was probably the wealthiest it ever was” because of its tariff system. First, per capita GDP is, conservatively, seven times higher today than in 1900. That Trumpian…
September 11, 2024
After Decades of Competitive Admissions, Getting into College Has Finally Become Easier
…roughly 1,400 public and private nonprofit colleges that grant mostly bachelor’s degrees or higher, the median institution reduced its admissions rate by six percentage points between 2002 and 2012. Admissions…
February 12, 2024
Millennials Are Doing Better than You Probably Think
…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…
January 9, 2024
Post-Pandemic Recovery for America’s Prime Age Labor Force: A Tale of Two Sexes
…stay, in Fed-speak, “at or near full employment.” Even so, there were important divergences in employment trends within the overall civilian workforce. As an aging Western society, America’s civilian 55+…
November 30, 2023
A Valuable New Perspective on America’s War on Poverty
…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
Please, Gen Z Aren’t “Doomed to be the First Generation of Americans Who Will Grow Up with a Lower Standard of Living Than Their Parents”
…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?”…