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August 9, 2023

The AI Apocalypse Can Wait

…counterintuitively–disproportionately benefit lower-skilled workers. In April, a Stanford study of customer service workers at call centers found the use of AI boosted productivity and quickly brought low-skilled workers up to levels of…

August 4, 2023

The Racial Wealth Gap: Myths and Realities

…in American history, African Americans who desired and were able to afford home ownership found themselves consigned to central-city communities …” The claim is that they were excluded from homeownership outside the…

August 3, 2023

Philanthropists Discover the Value of “Sunsetting”

…would have put his money…But as much as he loved his grandchildren, he did not know them.” Indeed, Henry Ford II resigned from the Ford Foundation’s board in 1977, writing…

August 3, 2023

Another Pandemic Legacy: Removing the EITC’s Work and Earnings Requirement

Since its origin in the 1970s, the Earned Income Tax Credit (EITC) has been the premier federal program promoting and rewarding work by low-income adults. As displayed below, taxpayers have…

August 2, 2023

The Best Predictor of Happiness in America? Marriage

Americans who are married with children are now leading happier and more prosperous lives, on average, than men and women who are single and childless. Is that statement surprising? In an age…

August 1, 2023

How the Middle Class Is Faring: My Long-Read Q&A with Jeremy Horpedahl

…as you mentioned, a one-male-earner household, essentially using the median earnings for a male 25 years or older. Another part of that is to say that maybe families can afford

July 27, 2023

Perspective: Can artificial intelligence teach us to be better workers?

…to live with and resolve conflict. Rather than threatening our livelihoods, perhaps advances in AI social-emotional capacities are part of the solution to our soft-skills gap. A recent Stanford University study found use of chat…

July 25, 2023

Not Just Tulsa

…of jazz clubs, including the legendary Crawford Grill, and a stadium for the Negro League’s Pittsburgh Crawfords. (Crawford was a smaller neighborhood within the Hill.) In Cincinnati, planners set their…

July 21, 2023

Can Spain Defuse Its Depopulation Bomb?

Over the past 40 years, no party has dominated the Spanish political landscape like the Spanish Socialist Workers’ Party, or PSOE, now headed by Pedro Sánchez. Yet frustration over its…

July 18, 2023

The Great Recession, COVID-19, Interest Hikes Left a 15-Year Mark on Housing

…of mortgage defaults is unlikely. This is because as long as owners are employed, they can afford mortgage payments, and since their home values aren’t falling below the purchase price,…