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February 7, 2024
…public broadcasting is not immune from a market test. It has been 56 years since Lyndon Johnson signed the Public Broadcasting Act, which has gone virtually unchanged in the interim….
January 30, 2024
…of economists that most would regard as being at the top of the field. It includes two John Bates Clark medalists (given to the top economist under 40), Congressional Budget…
January 17, 2024
…Ohio River; Senator John C. Calhoun, in fact, regularly called the Northwest Ordinance a “sin against the South.” And it led to the creation of an extraordinary number of schools—not…
January 8, 2024
On this day in 1964, President Lyndon B. Johnson declared an unconditional war on poverty in America during his State of the Union address. Six decades later, the nation has…
January 2, 2024
…Philip Johnson and Robert A.M. Stern. (Disney has sold off most of its holdings.) Not far from Seoul, the Songdo International Business District was developed by a consortium of real…
December 11, 2023
A recent column by John Burn-Murdoch in the Financial Times presents statistics side-by-side showing that “the wealthiest Americans are the richest people in the developed world, but America’s poorest are…
November 30, 2023
Abstract We evaluate progress in the War on Poverty as President Lyndon B. Johnson defined it, which established a 20% baseline poverty rate and adopted an absolute standard. While the…
November 30, 2023
…Johnson’s baseline poverty rate (Johnson 1965). We hold poverty thresholds constant in inflation-adjusted terms using the Personal Consumption Expenditure (PCE) price index, which more accurately reflects price changes than the CPI-U…
November 30, 2023
Abstract We evaluate progress in the War on Poverty as President Lyndon B. Johnson defined it, which established a 20% baseline poverty rate and adopted an absolute standard. While the…
November 14, 2023
…was pervasive, and the economy had stagnated. From John Lindsay to David Dinkins, mayor after mayor had tried to tackle these problems. They had all failed. After three decades of…