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December 29, 2024
Few would argue that New York City is mired in a housing crisis — as defined by high prices and low vacancies. There’s good evidence for that conclusion. The most recent federal New York City Housing and Vacancy Survey reported a vacancy rate of just 1.4%, “a stark contrast to the 4.54 rate in 2021”. Over the same period,…
December 27, 2024
America’s broken safety net system has over 80 programs, costs $1.6 trillion annually, and perpetually underperforms. It’s inefficient, costly, and perversely functions like a snare net that traps people in poverty. But reform could be on the horizon, led by the new Department of Government Efficiency (DOGE). DOGE can address these staggering failures by identifying…
December 20, 2024
Thirty years ago next month, Federal Reserve Board Chairman Alan Greenspan testified before a joint session of the House and Senate Budget Committees with talk of deficit reduction in the air. In January 1995, Republicans had just won control of both houses for the first time in 42 years. The federal debt had reached 48…
December 18, 2024
How do you know if someone went to Harvard? They’ll tell you. If a recent Wall Street Journal story is any indication, though, that classic joke may soon be outdated. According to the Journal, some employers have dropped hiring preferences for graduates of elite universities—and a few even consider an Ivy League degree a black mark. The cases…
December 17, 2024
President-elect Donald Trump has signaled his intention to try to abolish the Education Department, long considered wasteful in a nation where public education is provided locally. If he were to succeed — a long shot, to be sure — state and local education overseers would have to step up to ensure quality education. On this front, the news is not promising….
December 17, 2024
December 17, 2024
Democratic capitalism is a system that marries liberal democracy and free-market capitalism. This union creates tensions, and requires balancing competing aims. But this tension is healthy, not destructive — provided that democracy and capitalism are properly balanced, each sphere reinforces the other. Over the long term, capitalism requires liberal politics; and democracy will not maintain…
December 17, 2024
Key Points Read the full pdf. Introduction Accreditation is a major barrier to higher education reform. In a bid to reduce the agencies’ power over state universities, Florida and North Carolina have passed laws requiring public colleges to periodically change accreditors.1 Florida Governor Ron DeSantis spoke for many policy-savvy conservative leaders when he declared that you…
December 14, 2024
Between 2020 and 2023, there were 2,154 cases of substantiated abuse and/or neglect of foster children in New York City. When New Yorkers read that statistic — taken from a recent City Comptroller’s audit of the Administration for Children’s Services — they might be shocked. Indeed, it might confirm their prior assumptions about how terrible foster care…
December 13, 2024
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…