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January 24, 2024
Expanding Housing Supply with Light-Touch Density: City of Seattle Case Study
…process won’t work. Planners need to get out of the way and let the market build more housing. Beware of the recommendations of the federal government, which likes complex, one-size-fits…
January 23, 2024
A Follow-Up on My Recent Testimony to the Joint Economic Committee on Policy Approaches to Increasing the Supply of Affordable Housing
…concluding, however, that we need to spend more money on “affordable” housing, let’s first consider another version of a simplified, yet functioning market: the car market. Just like new and…
January 22, 2024
Can Workforce Development Programs Improve Labor Force Participation?
…appears to be a chronically tight labor market. More importantly, the simulation found expanded workforce development programming would increase labor force participation by three percentage points. That change would be…
January 19, 2024
Ninety Percent Student Attendance Won’t Solve Chronic Absenteeism
…absent. That is bad for achievement, odds of graduation, and a number of long-term markers of success. In my view, this is the greatest post-pandemic challenge for public schools. Indeed,…
January 19, 2024
The Work Incentive and Employment Effects of Eliminating the Child Tax Credit’s Annual Income Requirement
…We also discuss how the reform would affect the incentive to work more or fewer hours. We conclude that this reform would have important impacts on the labor market that…
January 17, 2024
Achieving Housing Abundance Through State and Local Land Use and Zoning Reform
…the urge to increase the supply of affordable housing. Before taking any action, it should first consider a couple of misconceptions: Misconception 1: The housing supply shortage is a market…
January 17, 2024
Tax Extenders Package Would Cut the Child Tax Credit’s Annual Work Requirement in Half
…qualify for the CTC, which will be based on their 2023 earnings. But the agreement announced yesterday—which the Ways and Means Committee may mark up as soon as Friday—would allow parents to instead use earnings in either of the last two years to claim the…
January 17, 2024
Congress, Don’t Legislate a Takeover of the Nation’s Rental Housing Market
…According to one study, almost all LIHTC development would have been built by the market without any subsidies. If that’s not enough, LIHTC also limits social mobility by creating the perverse incentive…
January 12, 2024
Get Ready for AI-Driven Skill Democratization
…and, to a lesser extent, trade dramatically reduced the number of middle-skill jobs leading to what economists called a “polarized” labor market: many high-skilled and low-skilled jobs but relatively few that…
January 12, 2024
What is the Utah “Family Miracle”?
…teens. And under Cox’s leadership, Utah has also launched a social marketing campaign — relying on billboards and social media ads of its own — to highlight the dangers of social media and…