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October 2, 2024
AOC’s “Social Housing” Dead End
New York representative Alexandria Ocasio-Cortez, an avatar of the progressive Left, recently shared her vision of how America’s housing shortage should be addressed in a New York Times op-ed cowritten with Senator Tina Smith of New Jersey. Ocasio-Cortez’s vision resurrects the debunked Great Depression-era argument that the private housing market is fundamentally flawed and must be replaced by…
October 2, 2024
Higher Education: Making Education Beyond High School Work for All
Executive Summary and Introduction: For generations, society has told high school students that college is a great investment. The case is familiar: college graduates typically earn more money than their peers without degrees, and a college education is necessary for the 21st century labor market. For low-income students especially, college has been sold as a…
October 1, 2024
For the Sake of the Kids: Strengthening Families in the Lone Star State
The family is the fundamental unit of society. As Pope Saint John Paul II so eloquently stated, “as the family goes, so goes the nation, and so goes the whole world in which we live.” Unfortunately, rates of marriage and family formation have hit record lows across the nation in recent years. This report focuses…
September 30, 2024
Our Academic Productivity After the Council of Economic Advisers
Abstract Gordon Tullock wrote that government economists found capable of “firefighting” are assigned to do more of it, “with the result that the higher ranks of government economists aren’t able to read.” We here offer ourselves as confounding data points, for our experiences have been otherwise. We read a lot. This article reports how doing…
September 27, 2024
Justice at Any Cost?
“Almost 9,000 children in California foster care could soon be taken from homes over insurance crisis,” reads one among a dozen similar headlines that have appeared in West Coast media over recent weeks. The stories all suggest a situation that snuck up on the child-welfare establishment and political leaders. Yet this problem has simmered for…
September 27, 2024
Food Insecurity Increases Driven by Middle- and High-Income Households
Last month, the US Department of Agriculture (USDA) released their annual report detailing the prevalence of food insecurity in the United States. The report found that 13.5 percent of all US households are food insecure, or, in plain language, have “limited or uncertain access to adequate food”—a significant increase from the year prior. Just a…
September 25, 2024
Disconnected: The Growing Class Divide in American Civic Life
Key Points Read the PDF. Executive Summary At one time, American social and civic life was characterized by robust networks of social connections and activities. But in the years following the pandemic, which curtailed social opportunities and community activities, there are few signs of recovery. The American Social Capital Survey reveals that American civic life…
September 25, 2024
The Costs of Inaction: Economic Risks from Housing Unaffordability
Chairman Whitehouse, Ranking Member Grassley, and committee members, thank you for the opportunity to testify on this most important topic. History offers a cautionary tale against inappropriate federal action in the housing market: From the 1930s to 2008, Congress passed and presidents signed into law at least 43 housing, urban renewal, and community development programs. Despite their lofty…
September 25, 2024
The Promise — and Danger — of Kamala Harris’s YIMBYism
Vice President Kamala Harris is not wrong to emphasize that the best solution to our housing shortage is the construction of new homes. She’s actually enunciated something close to a program to do so: tax credits for small “starter” homes, as part of a push for 3 million new houses. It’s encouraging that the Democratic presidential candidate shows a basic knowledge…
September 24, 2024
Household Food Insecurity Rises Again – Inflation, especially for households ineligible for safety net programs, to blame
Each year the USDA issues a closely-followed report on the extent of food insecurity in the United States. This year, the USDA reported 13.5 percent of US households were food insecure at some point in 2023, which was a statistically significant increase from the 2022 rate of 12.8 percent and higher than the pre-pandemic rate…