September 14, 2023
The Privilege Hiding in Plain Sight
The Two-Parent Privilege: How Americans Stopped Getting Married and Started Falling Behind, by Melissa S. Kearney (University of Chicago Press, 240 pp., $25) Imagine you are twelve years old and your public-school teacher asks you and your seventh-grade classmates to stand side by side in a line. The instructor lists a series of personal attributes and…
September 12, 2023
Please, Gen Z Aren’t “Doomed to be the First Generation of Americans Who Will Grow Up with a Lower Standard of Living Than Their Parents”
One could easily fill all the waking hours in the day—and non-waking hours, too!—with pointed responses to all the bad economic opinions expressed on social media. That said, I like to dip in every now and then with a humbly offered counterpoint. This week’s 9/11 anniversary, for example, meant the recycling of this passage from…
September 5, 2023
Trump’s Tariffs Won’t Address the Trade Deficit
Last month, the Washington Post reported that former president Donald Trump plans to enact a 10 percent tariff on all imports if reelected. After facing sharp criticism, Trump defended his proposal in a letter to the Wall Street Journal. He argued that the trade deficit is a “loss” for the US economy and that his tariffs would be the “best way” to…
September 1, 2023
Paying People to Have Kids Can Only Do So Much When You’re in a Spiraling Baby Bust
“Frankly, whenever elections come up politicians tend to unveil grand measures aimed at resolving the birthrate issue,” Choi Seul-ki, a demographer in South Korea, told the Wall Street Journal. “But cash is a limited incentive in changing people’s outlook on life.” Indeed, South Korea has spent more than $210 billion in the past decade in an effort to…
August 22, 2023
Is Paid Leave a Pro-Growth Policy?
Some pro-growth public policies seem super obvious, like attracting more high-skill immigrants or reducing the federal paperwork needed to build clean energy facilities and infrastructure. Paid leave, whether mandated by Washington or funded by new taxes on rich people and large companies, might seem like another obviously good thing. Rarely do I ever hear about…
August 21, 2023
Four Shocking Truths about the American Economy! (Well, Shocking to Some.)
I recently wrote a brief essay, “Generative AI and Economic Growth,” for Exponential View, the great newsletter by Azeem Azhar. And I knew one particular passage would be sure to raise eyebrows: A lengthy and fundamentally solid expansion would allow the economic progress of the pre-pandemic period — falling inequality, rising real wages across the income…
August 10, 2023
The Real Reason People Leave Religion
More than a decade ago, the Pew Research Center released a path-breaking study on people without religion: “Nones” on the Rise. At the time, I was in graduate school studying political science and working full-time as a pollster. Partly inspired by this work, I wrote my dissertation exploring why people leave religion: “And Then There Were Nones:…
August 3, 2023
Expanding Economic Opportunities Through Evidence-Based Sector Training
Read the PDF. Introduction The Workforce Futures Initiative is a research collaboration among the American Enterprise Institute, the Brookings Institution, and the Project on Workforce at Harvard Kennedy School’s Malcolm Wiener Center for Social Policy. The initiative aims to develop concise and actionable reviews of existing research for federal, state, and local policymakers. Since August…
August 2, 2023
Measuring Social Capital: Can We Tell If Some Places Are Richer in Social Capital Than Others?
The concept of social capital has been inconsistently defined and described.[1]That should not be surprising, given that social capital is intangible and not easily measured. (The same is true of human capital, though researchers have defaulted to measures of educational attainment and test scores, only recently expanding the set of indicators to encompass noncognitive skills.)…
