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November 7, 2024
Introducing the “More Accurate Consumer Price Index”
…2023, and the superior Personal Consumption Expenditures price index (PCEPI) indicates a rise of 30 percent, using the MACPI, wages rose by 61.5 percent. The median wage of prime-age male…
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…
November 1, 2024
Kamala Harris’s Policy Book Doesn’t Even Mention Immigration
…border crisis in U.S. history — probably the largest such event in human history,” according to Mark Krikorian of CIS. Secondary effects have been equally prominent. Customs and Border Protection data indicate…
October 30, 2024
The Geography of Fertility — Where are the Babies?
…care of kids. Moreover, blue states’ commitment to higher education, an egalitarian family life and delayed family formation is also a plus in Cahn and Carbone’s book as they believe…
October 25, 2024
How Workforce Education Can Boost Earnings and Fill Jobs
…the state offers programs in a diverse range of industries. Other popular courses include training to enter the healthcare field, in roles such as clinical medical assistant or phlebotomy technician.…
October 15, 2024
Lefty NYC Council Add-Ons to Mayor’s ‘City of Yes’ Would Worse Housing Crisis
…housing has crumbled. Here’s something Speaker Adams and the entire City Council should ponder: Under Argentina’s libertarian President Javier Milei, that country’s largest city, Buenos Aires, precipitously “scrapped” its rent…
October 15, 2024
Why Should the US Wish to Be More Like China?
…works because their economy is embedded in an authoritarian state with a compliant industrial sector. Rather than uniting our allies, the protectionist policies of the Trump and Biden administrations have…
October 11, 2024
Let’s Open the Black Box of Selective College Admissions
…black and Latino first-year enrollment plunged, while the number of first-year Asian-American students spiked. At Wellesley, black student enrollment fell by nearly half and that of Latino students by almost a third. At…
October 10, 2024
Do Liberal Arts Colleges Pay Off? What the Data Say
…median return on investment of $889,000, compared to $652,000 for students who study the same subject at other colleges—a gap of $236,000. Economics majors at liberal arts colleges outperform their…
October 9, 2024
Learning the Right Lessons from the “China Shock”
…the extent that adverse effects on import-competing workers created Keynesian aggregate-demand reductions, post-2007 economic slack was a major contributor. The paper is well titled: “Protectionism is Failing and Wrongheaded: An…