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June 14, 2023
Better Data Means Better Policy
“Did you adjust for inflation?” An occupational inconvenience of doing economic research is that you are routinely asked by disbelieving non-researchers whether your numbers have taken into account the rising cost of living. The answer to that question is nearly always, “Yes.” The debates among researchers are about how to adjust earnings and income for inflation, and…
May 4, 2023
The Social Breakdown: The Poverty of Family, Community, and Religious Life in America
On May 4, AEI’s Center on Opportunity and Social Mobility (COSM) hosted the launch of “The Social Breakdown,” a new research series dedicated to the study of social capital. Event Summary The morning began with a keynote address from the Hudson Institute’s William Schambra, who covered AEI’s long history of studying mediating structures and civil…
May 3, 2023
The Mainline Protestant Ethic and the Spirit of Social Capitalism
When Alexis de Tocqueville penned his seminal Democracy in America lauding the strength of American communities, institutions, and associations, he noted the unique status of religion. Religion, he wrote, “must be regarded as the foremost of the political institutions of that country; for if it does not impart a taste for freedom, it facilitates the…
April 28, 2023
Social Capital: What Is It?
Words and phrases, as they say, can do a lot of work. Sometimes, evocative terms can be useful even if they paper over imprecise concepts or obscure definitional disagreement. But vagueness often overwhelms the utility of an idea, as, for instance, with the term “systemic racism.” Imprecision can be a feature but also a bug….
April 18, 2023
Introduction to The Social Breakdown
“Social capital” is an esoteric and often loosely defined concept, yet it captures a deep-seated intuition and shared sensibility among virtually all Americans: Our relationships have value, and what we do together matters. Social capital derives from our participation in—and belonging to—society’s “middle layers.” These middle layers are the myriad institutions, associations, and communities between…
December 14, 2022
Bringing Home the Bacon: Have Trends in Men’s Pay Weakened the Traditional Family?
Key Points
December 1, 2022
Was Rising Inequality Behind Falling Absolute Mobility? Reassessing Chetty et al. (2017)
In 2017, a widely publicized paper by a research team led by Harvard economist Raj Chetty found that while the vast majority of American kids born in 1940 ended up better off at age 30 than their parents fared at the same age, that was only true of half of kids born in 1980. Moreover,…
June 15, 2022
Second Time’s the Charm?
Early last year, Senator Mitt Romney proposed a new approach to family policy that exposed some significant rifts among right-leaning policy wonks who care about fighting poverty and supporting family formation. This week, Romney (together with fellow Republicans Richard Burr and Steve Daines) has offered a revised version of the idea that might just have what it takes…
July 2, 2021
Addressing the Shortcomings of the Supplemental Poverty Measure
Key Points Read the PDF. Executive Summary The US Census Bureau publishes the Supplemental Poverty Measure (SPM) each year to provide important information on low-income Americans’ well-being. In early 2021, a National Academies of Sciences, Engineering, and Medicine (NASEM) panel formed to evaluate and recommend improvements to the SPM. To inform the NASEM panel and…
June 10, 2021
Long Shadows: The Black-White Gap in Multigenerational Poverty
Key Points Executive Summary Issues of racial inequality and injustice are center stage in America today—especially the position and treatment of Black Americans. This report presents evidence on long-term differences in opportunity by race. Previous research showed large racial gaps in poverty and mobility across two generations. We take a longer view, examining patterns of…