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July 24, 2024
Housing and the American Worker
As the American Worker Project analysis shows, real wages have increased over time. Real wages are nominal wages corrected for changes in the price level, and a natural approach to understanding the way in which housing policy affects real wages is through (housing) prices. But the importance of housing to the economic well-being of the typical American…
July 23, 2024
How the 2017 Tax Law Made Itemized Charitable Giving a Luxury Good
Key Points Read the PDF. The Tax Cuts and Jobs Act (TCJA) of 2017 included some of the most far-reaching changes to the US income tax code in a generation. In addition to reducing statutory tax rates for individuals and corporations, the law adjusted the tax base. Among its most significant changes to the individual…
June 13, 2024
The Family-to-Prison-or-College Pipeline: Married Fathers and Young Men’s Transition to Adulthood
A growing minority of young men are floundering. “Failure to launch” is a description that’s all too common. Consider working a stable job—a decent proxy for whether someone has their life together. For young men (ages 16-24), labor force participation rates are dropping. In 1980, the share of young men who were looking for or had a…
May 14, 2024
Understanding Trends in Worker Pay over the Past 50 years
Key Points Executive Summary Doomers on the political left and right agree that economic growth has failed to translate into higher wages for American workers, with some claiming that pay has barely risen in 50 years. Such sentiments have been buttressed by flawed analyses that, comparing apples to oranges in a variety of ways, have…
May 7, 2024
How Zoning Policies Affect the Housing Supply: City of Denver Case Study
Summary:The City of Denver switched to a new zoning code in June 2010. Most areas were upzoned, but some were downzoned. Overall, the policy encouraged housing construction in Denver. Slide deck
March 28, 2024
An Early Look at the Child Tax Credit Changes in the Tax Relief for American Families and Workers Act of 2024
Abstract The Tax Relief for American Families and Workers Act of 2024, which the US House of Representatives passed on January 31, 2024, and the Senate is now considering, would make important changes to the child tax credit (CTC) if enacted. The legislation would increase CTC payments for families with lower earnings, apply a one-year…
March 27, 2024
Market-oriented Reform Principles and Policies that Would Help the Housing Market
Introduction: In this election year, Congress and the President are feeling the urge to help Americans affected by rising housing affordability pressures across the country. With the status-quo untenable, Congress and the President are itching to address housing affordability, availability, and other community needs. Before springing into action, our leaders need to first establish clear…
March 27, 2024
Perspectives on Place-Based Policy: Strategies for Workforce and Economic Development
Read the full pdf.
March 21, 2024
Three Principles for Conservative Early-Childhood Policy
Key Points Read the full pdf.
January 12, 2024
Small-Dollar Demonstration Projects Can’t Hide That a National Guaranteed Income Program Would Cost Trillions
Abstract While some have declared that short-term guaranteed income demonstrations (patterned on universal basic income schemes) are working almost universally, such cheerleading misses a major drawback: the enormous costs that would arise if such programs operated at a national level, as proponents intend. This report reviews the costs of some recent proposals to operate such…