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November 27, 2023

Bribing Homeowners To Build Tiny Houses Won’t Solve NYC’s Housing Problem

Those who believe New York City not only needs more housing but more types of housing to serve its many types of households should be cheered by the Adams administration’s support…

November 27, 2023

For kids, marriage still matters

The science could not be clearer: On average, the children of married parents are more likely to experience happier, healthier and more successful lives. Brookings Institution scholar Melissa Kearney powerfully…

November 21, 2023

Defining Poverty Up

Thirty years ago, the late Senator Daniel Patrick Moynihan (D., N.Y.) wrote a seminal essay titled “Defining Deviancy Down.” He argued that Americans had “become accustomed to alarming levels of crime…

November 20, 2023

The Next Time States Are “Swimming in Money” Make Them Repay Their Federal Loans

The pandemic was full of firsts, including the first time states received hundreds of billions of federal dollars they could use to shore up their depleted state unemployment insurance (UI) programs. The…

November 14, 2023

The Impact of Opportunity Zones on Private Investment and Economic Activity

Abstract Place-based policies aim to stimulate economic development in disadvantaged areas with the goal of improving the well-being of residents. A provision of the Tax Cuts and Jobs Act aimed…

November 14, 2023

The Comeback City

Introduction “Given New York Today, Could Anyone Lead It?” So bemoaned a 1991 New York Times headline after decades of failure and futility.1 Crime was endemic, schools were failing, poverty…

November 14, 2023

Forget the Economics of Grievance

Introduction Donald Trump’s ascendancy has inflicted many changes on the right, including substantially altering its posture on economic issues.1 Where this blend of economic nationalism and conservative populism has been tried,…

November 14, 2023

Did Child Poverty Really Increase Last Year?

In 2021, Democrats succeeded in temporarily expanding the child tax credit (CTC) as part of President Biden’s American Rescue Plan. Previously, the maximum CTC of $2,000 per child was available only…

November 13, 2023

The Jobless AI Future Is Still a Long Way Off

Tech billionaire Elon Musk recently prophesied that there “will come a point where no job is needed,” owing to advances in artificial intelligence. But the fear that AI will cause…

November 13, 2023

How The IRS Discourages Boomer Charity

Americans like to call ourselves the most generous nation on earth — but charitable giving is on the decline. In 2022, it fell 3.4% (10.5% when adjusted for inflation) to fall…