February 8, 2024
Another Flawed Analysis Shows that Single Mothers are Highly Sensitive to Changes in Work Incentives
Tuesday, I published a critique of a paper by Council of Economic Advisers senior economist Jacob Bastian related to the debate over expanding the child tax credit (CTC). In that paper, Bastian sought to discredit analyses claiming that single mothers are highly sensitive to work incentives. Specifically, he argued that the “labor supply elasticities” used…
February 7, 2024
Solving Benefit Cliffs in SNAP
At their best, safety net policies in the US reduce poverty by spurring upward mobility among the most disadvantaged. This requires identifying disadvantaged families and scaling benefits according to their need, all while trying to encourage employment and other mobility-inducing behaviors in the process. When safety net programs do not meet this charge, families can…
February 7, 2024
Child Tax Credit Bill Would Increase Marriage Penalties for Working Single Mothers
H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, was passed by the House last week and is now moving to the Senate for consideration. The bill would change the Child Tax Credit (CTC) in several ways. The two most contentious changes are a one-year lookback for the refundable portion of…
February 7, 2024
Elite Colleges Need to Offer Less Affirmation. And Insist on More Work.
Recently, I offered a not-so-sophisticated explanation for the histrionics we’ve seen at elite colleges: too many students are simply aimless, lonely, and bored. Well-meaning concern about the mental and emotional state of college students today has fueled a lot of affirmation and hand-holding. But much of this may ultimately be counterproductive, exacerbating fragility rather than supporting well-being….
February 7, 2024
The Past and Future of Education Reform
When the French statesman Charles-Maurice de Talleyrand was asked for his thoughts on the Bourbon royal family in exile, he replied, “Ils n’ont rien appris, ni rien oublié.” They have learned nothing, and forgotten nothing. The Bourbons hadn’t learned the lessons of the French Revolution or grasped what it revealed about their nation. Worse, they carried…
February 7, 2024
To Save Local Journalism, Update The Public Broadcasting Act
During his time as the U.S. ambassador to France, Thomas Jefferson wrote that if he faced a choice between “a government without newspapers or newspapers without a government, I should not hesitate a moment to prefer the latter.” Jefferson would be disappointed with today’s trends. Increasingly, we are seeing government without newspapers, especially at the local level, where…
February 6, 2024
NYCHA Corruption Means It’s Time To Privatize
We already knew the New York City Housing Authority is the city’s biggest slumlord. Now we’re reminded it’s a corrupt slumlord. Just five years after a federal court found its employees had lied about a vital public-health matter — conducting lead-paint inspections of apartments — we learn NYCHA supervisors solicited bribes in exchange for no-bid repair contracts. US Attorney…
February 6, 2024
Research by a Top Biden Administration Economist Reinforces the Importance of Work Incentives in the Child Tax Credit and the Safety Net
For the past two years, economist Jacob Bastian has been the main researcher dedicated to trumpeting the virtues of a child tax credit (CTC) expansion. Writing first as an economist from academic perches at Rutgers and Princeton, later as an affiliate of moderate think tanks like the Niskanen Center and the R Street Institute, and…
February 5, 2024
Why We All Rely On the Organized Kindness of Strangers
Our church caught fire [i] a few weeks ago. The pastor and a few other leaders had just gotten out of a Monday night meeting when they found the sanctuary was filled with smoke and the entrance to the church was covered in flames. Fortunately, firefighters[ii] responded to the immediate 911 calls and saved the…
February 5, 2024
The Biden Administration’s War on Flexibility at Work
One of the signal errors of Biden administration policy has been its tendency to take regulatory actions that reduce the flexibility of the economy generally and the labor market in particular. The latest example of this problem is a new US Department of Labor rule aimed at reclassifying millions of “gig” workers—people who work in contract roles—as employees. The…