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June 20, 2024
The War on Poverty at 60: Lessons to Inform the Future
…Engineering, and Medicine argued that the supplemental poverty measure should be elevated to the nation’s headline poverty statistic. James Sullivan from the University of Notre Dame explained how a consumption…
April 9, 2024
The Child Tax Credit: My Long-Read Q&A with Kevin Corinth
…Pethokoukis: Kevin, welcome to the podcast. Corinth: Thanks for having me on, Jim. I want to talk about a couple of things, one of those things is a government program….
April 5, 2024
What’s Wrong with the US Economy? Anything?
Economists were expecting 200,000 net new jobs added in March. Instead it was 50 percent more. Unexpected strength, but maybe not so unexpected, really, for an economy that continues to deliver…
February 12, 2024
Millennials Are Doing Better than You Probably Think
“Each generation is worse off than the one before.” It’s one of the primary tenets of the notion that American capitalism has failed and that we live in the final…
January 12, 2024
When It Comes to the State of the American Economy, Let’s Keep It Real
Here we go again. An oft-repeated economic claim on social media is that most Americans lack the means to cover a $400 emergency expense. More evidence that most of us…
January 2, 2024
Billionaire-Built Cities Would Be Better Than Nothing
…the high-water mark of racial segregation, a private developer named James Rouse planned an integrated city in nearby Columbia, Md. Columbia is not perfect, but it remains racially diverse, and according to data…
November 30, 2023
A Valuable New Perspective on America’s War on Poverty
…an Absolute Full-Income Poverty Measure” by Richard V. Burkhauser (Cornell University), Kevin Corinth (University of Chicago), James Elwell (Joint Committee on Taxation), and Jeff Larrimore (Federal Reserve Board). They try…
November 30, 2023
Evaluating the Success of the War on Poverty since 1963 Using an Absolute Full-Income Poverty Measure
Abstract We evaluate progress in the War on Poverty as President Lyndon B. Johnson defined it, which established a 20% baseline poverty rate and adopted an absolute standard. While the…
October 31, 2023
It Takes Two
…matter. Furthermore, somewhat undermining her case, Kearney notes that research by Nobel laureate James Heckman has found that Denmark’s more expansive welfare state does not appear to translate into higher…
October 27, 2023
What Happened to the American Dream?
…from medicine to nuclear power. The recent book by the Reaganite economic writer Jim Pethokoukis, “The Conservative Futurist,” makes an extended version of this argument, tracing our era of stagnation…