Skip to main content

Research Archive

Welcome to Our Research Archive

Search and filter by content type, issue area, author, and keyword

December 11, 2023

Has Inequality Made Americans Poorer than Bulgarians, Russians, and Filipinos?

A recent column by John Burn-Murdoch in the Financial Times presents statistics side-by-side showing that “the wealthiest Americans are the richest people in the developed world, but America’s poorest are also the most likely to go hungry.” The chart buttressing the latter part of that conclusion shows that in over 12 percent of American households,…

By Scott Winship

November 14, 2023

The Impact of Opportunity Zones on Private Investment and Economic Activity

Abstract Place-based policies aim to stimulate economic development in disadvantaged areas with the goal of improving the well-being of residents. A provision of the Tax Cuts and Jobs Act aimed to spur private investment in low-income areas called Opportunity Zones (OZs). We evaluate the impact of OZs on investment using data on the near-universe of…

By Kevin Corinth | Naomi Feldman

November 14, 2023

The Comeback City

Introduction “Given New York Today, Could Anyone Lead It?” So bemoaned a 1991 New York Times headline after decades of failure and futility.1 Crime was endemic, schools were failing, poverty was pervasive, and the economy had stagnated. From John Lindsay to David Dinkins, mayor after mayor had tried to tackle these problems. They had all…

By Robert Doar

November 14, 2023

Forget the Economics of Grievance

Introduction Donald Trump’s ascendancy has inflicted many changes on the right, including substantially altering its posture on economic issues.1 Where this blend of economic nationalism and conservative populism has been tried, it has been found wanting—at least, if you take the goal of working-class populism to be better opportunities and outcomes for the working class. And…

By Michael R. Strain

October 30, 2023

Does Wage Theft Vary by Demographic Group? Evidence from Minimum Wage Increases

Using Current Population Survey data, we assess whether and to what extent the burden of wage theft — wage payments below the statutory minimum wage — falls disproportionately on various demographic groups following minimum wage increases. For most racial and ethnic groups at most ages we find that underpayment rises similarly as a fraction of…

By Michael R. Strain | Jeffrey Clemens

October 27, 2023

What Happened to the American Dream?

In the agonized debates over how it can possibly be that Donald Trump has such a strong chance of being returned to the White House in 2024, it’s important to stress the ways in which the Trump economy, before the arrival of Covid, departed in positive ways from the trends of the last half-century. Trump’s presidency was…

By Ross Douthat

October 5, 2023

Do 60 Percent Of American Workers Have Insecure Jobs?

American Compass has a new survey out in which it finds, among other results, that “only 40 percent of workers have secure jobs.” This is the latest attempt by the outfit to portray the American economy as in dire need of “rebuilding.” The report summarizing the findings is titled, “Labor Market Not Yet Working for…

By Scott Winship

September 29, 2023

How Well Is Rural America Doing? You’d Be Surprised

Elizabeth Currid-Halkett’s ‘The Overlooked Americans’ rejects grim depictions of rural life. “Why are we so divided?” That’s probably the most asked question in American politics, especially since that Divider-in-Chief descended the golden escalator and announced that he alone could bring an end to America’s decline. Donald Trump’s election, however, is not the origin of America’s almost decadelong cosmopolitan-country sneer fest. It’s been…

By Brent Orrell

September 25, 2023

America Remains a Shining Beacon for the World

The Pew Research Center’s new study on Americans’ view of politics offers a sober reminder of just how negative our politics has become heading into the 2024 election. Regrettably, 65 percent of Americans state they always or often feel exhausted when thinking about politics. Plus, many Americans say that the political process is dominated by wealthy, special…

By Samuel J. Abrams

September 18, 2023

A GOP Plan to Raise the Minimum Wage Is Also a Bid for Immigration Reform

Republicans have talked a lot in recent years about becoming a “workers party,” without having much of an agenda to match the rhetoric. A new Senate proposal aims to start changing that. The bill would raise the federal minimum wage from $7.25 to $11 per hour while also requiring employers to check that their employees are legally…

By Ramesh Ponnuru