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January 24, 2025
The Targeting of Place-Based Policies: The New Markets Tax Credit Versus Opportunity Zones
Abstract For a place-based policy to succeed, it must target the right areas—typically those with lower economic development and resident well-being. The U.S. has two major place-based tax policies: the New Markets Tax Credit (NMTC), where government-approved entities select investments, and Opportunity Zones (OZs), where private investors choose projects. Despite underlying design differences, both target…
January 21, 2025
President Trump’s USDA Should Fix Food Stamp Work Requirement Waivers
As President Donald Trump begins his second term, he and his administration will be exploring ways to improve government efficiency and economic outcomes for low-income Americans. One such policy—a 2019 regulation governing states’ use of waivers to the Supplemental Nutrition Assistance Program’s (SNAP) work requirement—does just that. Although the regulation was never implemented after being…
January 17, 2025
Reforming Work Requirement Waivers in SNAP
December 30, 2024
What’s behind the unprecedented rise in homelessness, and how can we reverse it?
The annual United States homeless population estimates for 2024 were released last week. Homelessness grew by a record 18% annually in 2024, following a then record 12% increase in 2023. As shown in the figure below, the recent spike in homelessness is unprecedented. Going back 17 years since national homeless counts began, homelessness never before…
December 30, 2024
Coverage, Counter-cyclicality and Targeting of Work Requirement Waivers in the Supplemental Nutrition Assistance Program
Abstract Non-disabled, working age adults without children are required to work 20 hours per week in order to maintain eligibility for the Supplemental Nutrition Assistance Program. However, states may waive the work requirement for areas that meet conditions reflective of a weak labor market. We construct a dataset with the waiver status of each United…
December 13, 2024
Economics & Data-Driven Inquiry
At the behest of New College Florida and the Global Freedom Initiative, AEI scholar Kevin Corinth joined a distinguished group of scholars and practitioners for the Symposium on Ideological Capture of Universities and Institutions to discuss the ideological capture—or politicization—of America’s educational, professional, and political institutions. Dr. Corinth, along with co-panelists Veronique de Rugy of the Mercatus…
December 10, 2024
Fighting in-work poverty: the minimum wage versus in-work benefits
Abstract We review evidence on the effectiveness of the minimum wage versus in-work benefit policies in reducing poverty in OECD countries. The most credible evidence suggests that raising the minimum wage is an ineffective policy tool for reducing poverty. On net, minimum wage increases tend to redistribute rather than reduce poverty. In contrast, government subsidies…
October 18, 2024
Pro-Marriage Conservatives Should Reject a Per-Child Phase-In of the Child Tax Credit
Earlier this week, scholars from the Ethics and Public Policy Center, the Niskanen Center, and other right-of-center organizations issued a memo calling for pro-family tax reforms during the upcoming debate over the future of the Tax Cuts and Jobs Act. While reasonable arguments can be made for most of their proposed reforms, their recommendation to phase in…
October 16, 2024
Kevin Corinth: Addressing Social Capital Poverty in America
Despite improvements in material living standards, the erosion of social connections, civic engagement, and community ties has led to a decline in overall social wellbeing. New research reveals a complex relationship between economic and social factors, highlighting the need for a more comprehensive approach to addressing societal challenges. As policymakers and communities grapple with these…
October 11, 2024
It’s time to face up to our social poverty problem
Over the past half-century, virtually all aspects of social life have deteriorated in America. We spend less time with fewer friends, form fewer families and have turned away from organized civic life and religious institutions. We trust less than we used to, and we provide each other less social support. Rather than owning up to our glaring social poverty problem, policymakers have…