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July 28, 2023
Over the past two years, I have had the honor and privilege of steering AEI’s Workforce Future’s Initiative in collaboration with colleagues at The Brookings Institution and The Harvard Kennedy School’s Project on Workforce. Together, we’ve convened experts to evaluate evidence of workforce program success, discuss workforce policy, and identify priorities for new research on the future…
July 27, 2023
The overall employment situation looks great in the United States—so why are so many men not working? The Wall Street Journal reports that work among prime-age Americans—those between 25 and 54 years of age—is at the highest rate in two decades, driven by rising wages and worker shortages. After years of decline in labor force participation, this is certainly welcome…
July 27, 2023
So-called ‘soft skills’ are in short supply in the workforce and society at large. AI could help us get better A few weeks ago, McKinsey & Company published updated estimates on when key anticipated characteristics of artificial intelligence might arrive — including things like creativity, logical reasoning, and social/emotional reasoning, sensing and output. McKinsey’s timeline for increased capacity across a range of such capabilities…
July 26, 2023
The disparity between what the federal government collects in taxes and what it spends was never greater than during the pandemic, when annual deficits peaked at $3.1 trillion in 2020. Even today, when the president swears Bidenomics is “working everywhere,” annual deficits exceed $1.5 trillion, and are expected to only grow. One little-noticed driver of record deficits was…
July 25, 2023
How many of our relationships can we outsource? Apparently, there’s no end. A recent article in The New York Times describes a new kind of professional, a “surrogate partner,” who helps people become more comfortable with intimate relationships. As the article notes, “Unlike in more traditional forms of therapy, in which practitioners are usually careful…
July 25, 2023
As the saying goes, there are no stupid questions. In that generous spirit, it’s certainly legitimate to ask why a continually growing economy is a good thing. Why does GDP have to keep going up? Isn’t life good enough? Economic growth isn’t an economic statistic. That’s just what measures economic growth. A good definition from Our…
July 25, 2023
Earlier this month, an Oklahoma judge ruled that the City of Tulsa cannot be held legally or financially responsible for the actions of the violent mob that burned down the city’s Greenwood section, known as the Black Wall Street, in 1921. Three survivors of that murderous riot will not, it appears, receive compensation. Despite their disappointment, the…
July 24, 2023
My AEI colleague, Charles Murray, recently shared a figure showing that beer drinking in the United Kingdom shifted from the pub to the home, noting that the graph was a “Great brilliant indirect indicator. Of what, precisely, has yet to be determined.” The data from the British Beer and Pub Association revealed that 2014 beer sales in UK shops…
July 23, 2023
Much of the criticism of the changes in the criminal-justice system has been focused on the decriminalizing of errant behaviors and the lack of serious responses to the gun violence that plagues many urban black neighborhoods. What is largely ignored is the breakdown in lawful behavior in other less life-threatening areas: car and traffic violations, fare-beaters…
July 21, 2023
Does the typical American family today enjoy better living standards compared to 1985? We may have bigger TVs in our living rooms and smartphones in our pockets, but a recent report from Washington, DC, think tank the American Compass suggests the cost of a thriving, middle-class lifestyle has risen over the past generation. To discuss what that…