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February 27, 2025
For more than a century, American progressives have argued that the costs and conditions of American housing prove that the private market has failed. In the early twentieth century, the often-rough tenements of New York’s Lower East Side were deemed the work of rapacious “slumlords,” while small single-family or duplex homes that sprouted in cities…
February 25, 2025
If we want a smaller government, we need stronger families. President Donald Trump’s efforts to shrink the size and scope of government through the Department of Government Efficiency (DOGE) has the potential to change the trajectory of the nation. But Trump can’t deliver this promise only by cutting wasteful spending. American taxpayers have been forced to fund…
February 25, 2025
Ohio ranks 29th in family strength, according to a new report from the Institute for Family Studies and the Center for Christian Virtue. The Hope and a Future report spotlights the state of Ohio families, details the consequences of family breakdown in the Buckeye state, and charts a policy course to turn things round. A Dream Deferred in Ohio…
February 25, 2025
How the AI talent race is reshaping recruitment. A new survey of 250 technical leaders reveals a striking paradox: Companies are dramatically increasing AI investments—some by up to 75 percent in 2025—while simultaneously finding a talent well that is running dry. Ninety-four percent of tech leaders identify talent shortages as their primary barrier to AI innovation, and…
February 24, 2025
Key Points Introduction The year 2019 marked a dramatic turning point in the national discourse on higher education policy. On April 22, 2019, Senator Elizabeth Warren, vying for the Democratic nomination for president, announced that as president she’d cancel up to $50,000 of student debt for 42 million Americans.1 She started a chain reaction, with each…
February 24, 2025
Last month the Wall Street Journal editorial board (“The Great Biden Welfare Blowout”) reviewed the staggering number of welfare recipients in key programs at the close of the Biden administration: Some 84.6 million individuals are enrolled in Medicaid—about a quarter of the population—roughly the same as when Mr. Biden entered office. About 42.6 million Americans…
February 24, 2025
It’s all about the skills, not the credentials. You know the labor market times are changing when Harvard MBAs start showing up in the unemployment stories. According to a recent Wall Street Journal article, 23 percent of recent Harvard Business School grads were still looking for work three months after graduation. In 2022, that figure was only 10 percent….
February 24, 2025
Last year, I published a report, The Age of Uncertainty, on the challenges in understanding and estimating the job and skill impacts of artificial intelligence. One of the big problems was how quickly expert estimates become outdated, not due to any fault on the part of the experts, but because of how rapidly AI is evolving….
February 21, 2025
What is the American dream? It is a “better, richer, and happier life for all our citizens of every rank,” in the words of James Truslow Adams, the historian who coined the term just over a century ago. Adams knew it would be hard to sustain the dream. That is why every generation must strive,…
February 20, 2025
In my last column, I showed that Americans’ assessments of the economy have tracked the official unemployment rate well over the long run. That is important because it suggests that both public opinion and objective measures indicate that the labor market is historically strong (though accelerating inflation during and after the COVID-19 pandemic has caused these…