Op-Ed
…the miners had to begin applying their energy elsewhere. The gold in the Golden State marked only the beginning of the greatest era of prosperity the planet has ever seen….
Op-Ed
…months. The tech sector is reportedly taking a beating after a decade as the darling of the economy and the market. On the ground it looks more like a scolding,…
Blog Post
…vast labor market actually operates. This is especially true when we consider the “gig” or contract worker economy, which has grown dramatically in the past 15 years due to internet-based…
Op-Ed
…is called the “Success Sequence,” and black and Hispanic young adults who have followed it are markedly more likely to be flourishing financially today, according to a recent report from the American…
Op-Ed
…likely contributed to the “marked increase” in mortality rates among middle-aged whites that economists Anne Case and Angus Deaton uncovered in a landmark study published in 2015. They attributed this…
Op-Ed
…to less time spent on commuting. If so, it’s worth asking whether remote work monitoring is, in reality, a solution looking for a problem. Trust and markets Our entire economic…
Op-Ed
…confirm that the conventional wisdom is off-base. According to the CBO, median household income from market activities – labor, business, and capital income, as well as retirement income from past…
Op-Ed
…activities” along with transitional childcare for those who left AFDC for work (Peskin, Isaacs, and Fairbanks 1989). That legislation included optional activity requirements, which provided a rhetorical marker on the path to more concrete requirements to come. For example, the JOBS program included state “participation rate” targets that…
Testimony
…married, having children within marriage, or any of the other behaviors that typically mark passage into young adulthood and likely entry into the middle class or beyond? Read the full…
Op-Ed
…Regulatory institutions appear to be a significant depressant on job satisfaction, particularly credit market regulations (such as interest rate controls) and goods market regulations. The institutions of collective bargaining and regulations on hiring…
Journal Publication
…higher among the working class. The key lesson from the Great Recession is that strong economic growth and a hot labor market do more to improve the economic well-being of…
Blog Post
This week marks the 25th anniversary of the 1996 welfare reform law. Crafted by Congressional Republicans, that legislation was approved by large bipartisan majorities before being signed into law by President Bill…