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June 21, 2023

The Bad Math Behind Economic Doomerism

…Cost-of-Thriving Index (COTI). The index takes the combined cost of five essential goods and services—groceries, transportation, housing, health insurance, and higher education—and divides it by the median weekly earnings of…

June 14, 2023

Better Data Means Better Policy

…index before 2000.  Figure 1. Median household income using various inflation measures, United States, 1967-2021 Since all three series are expressed in 2021 dollars, median income is equal to the…

May 5, 2023

Wrong Diagnosis, Wrong Prescription

…claim sets the poverty line at half of the median income in each country. Because the U.S. has among the highest median incomes in the world, such relative poverty measures…

May 4, 2023

The Social Breakdown: The Poverty of Family, Community, and Religious Life in America

On May 4, AEI’s Center on Opportunity and Social Mobility (COSM) hosted the launch of “The Social Breakdown,” a new research series dedicated to the study of social capital. https://www.youtube.com/embed/SWmPhcul8NE…

July 2, 2021

Addressing the Shortcomings of the Supplemental Poverty Measure

…Index for All Urban Consumers each year, and a relative measure should update thresholds by the same percentage at which median income changes each year. Remove geographic adjustments from the…