July 18, 2023
The Great Recession, COVID-19, Interest Hikes Left a 15-Year Mark on Housing
How have the Great Recession in 2007, the COVID-19 pandemic that hit in 2020, and the Federal Reserve’s interest rate hikes that started in 2022 affected mortgages in the region? Here’s the short answer: Each year, researchers at George Washington University use the State of the Capital Region report to do a deep dive on a policy…
July 18, 2023
Yet More Absurdities in Biden’s Housing Policy
In a recent Wall Street Journal op-ed, my colleague Ed Pinto and I recently raised alarms about how the Biden administration is doubling down on the same failed policies that preceded the housing crash of 2008. Unfortunately, policymakers keep dreaming up new and equally absurd housing policies. The latest move comes from the Federal Housing Administration (FHA), the…
June 30, 2023
The U.S. Could Learn a Lot from This School in the U.K.
Last month, I took advantage of a trip to the U.K. to spend a day observing at London’s legendary Michaela School, which serves about 800 students ages eleven to 18, a short distance from Wembley Stadium. Katharine Birbalsingh, who has gained fame in her country (some say infamy) as “Britain’s strictest headmistress,” invited me for an entire day…
June 30, 2023
It’s Time to End Legacy Admissions
The Supreme Court’s decision in the UNC and Harvard cases was received, as most news is these days, in two quite different ways on the two sides of our political aisle. But one theme seemed to resonate with both supporters and opponents of affirmative action: that in the spirit of ending unfair admissions practices, elite…
June 26, 2023
Why There Are So Few Black Kids at Stuyvesant: Private Schools and Charter Schools Pull Top Students Out of the System
Once more there is hand-wringing as only a handful of Black students are in the 2023 entering Stuyvesant class; and very limited numbers at Bronx Science and Brooklyn Tech: the three flagship New York City high schools. These numbers are virtually the same as the previous year. As usual, most liberals again demand that the…
June 22, 2023
The Cost of Thriving Has Fallen: Correcting and Rejecting the American Compass Cost-of-Thriving Index
AbstractThe Cost-of-Thriving Index (COTI), developed by American Compass Executive Director Oren Cass, asks whether families can afford a middle-class lifestyle. It compares the costs of five goods and services to the income of a typical full-time male earner. Cass concludes that the cost of thriving has increased dramatically, from 40 weeks of work in 1985…
June 14, 2023
The Best Argument for School Choice
A new study from the Texas Public Policy Foundation is a reminder that the most persuasive argument in favor of school choice is not the promise of higher test scores, the beneficial effects of competition, or even an escape hatch from failing public schools—it’s the power of choice to make a more satisfying range of school cultures…
June 7, 2023
The Price We’ll Pay for Our AI Future: More Loneliness
Americans are trapped in a loneliness epidemic. Across the country, people are having fewer social interactions, spending more time alone, and reporting fewer close friends. These trends aren’t just a symptom of the COVID-19 pandemic — while the last few years may have accelerated the loneliness crisis, the shift toward a more solitary life has been happening…
June 7, 2023
Don’t Give Away the Farm Bill
Republicans have one more chance to roll back out-of-control welfare spending this year. The farm bill—must-pass legislation that authorizes food stamps and other agriculture programs—will be voted on by December. GOP lawmakers should focus on reining in President Biden’s unprecedented and expensive food-stamp hike. The American Rescue Plan’s temporary 15% increase in food-stamp benefits was…