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August 21, 2023
Four Shocking Truths about the American Economy! (Well, Shocking to Some.)
…productivity growth and wage growth: “The Link Between Productivity and Wages Is Strong” by Michael R. Strain But this next chart tells a radically different story about productivity and pay,…
August 7, 2023
Union Square Melee Proves Riots Have Little to Do with Real Political Grievances
…police homicides of George Floyd in Minneapolis and Michael Brown in Ferguson, Mo. There’s always been a significant part of the crowd that is, in Harvard social scientist Edward Banfield’s…
July 19, 2023
Adams’ Smart Migrant Move Could Help the City’s Overburdened Shelters—and Migrants Themselves
…Detroit—where an incredible one of every five homes stands vacant—are in desperate need of newcomers, to repair and revive the city. Former Mayor Michael Bloomberg had it right in 2011 when…
June 30, 2023
Democrats Call Biden’s Economy “Savage” in Attempt to Revive Child Tax Credit
…recent Senate Finance Committee hearing, Sen. Michael Bennet (D-CO) thundered that parents are currently “scraping by … in this savage economy,” burdened with “some of the lowest economic mobility” and “almost 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…
June 14, 2023
Why Behavioral Requirements Are Vital to Welfare Programs
…restriction successfully. The aversion to changing behaviors extends to government campaigns that seek to influence family planning. Former New York City Mayor Michael Bloomberg’s efforts to discourage teenage pregnancy were…
May 31, 2023
Sending the Wrong Signals
…to be the standard, immigrant households across the city would qualify, too—and fewer vouchers would be available for those truly in danger of harm. Former mayor Michael Bloomberg’s administration, to…
May 23, 2023
An Unexpected Role for AI in the Workplace
WHEN MICHAEL POLANYI, the underappreciated twentieth-century physicist, philosopher, and economist, is remembered nowadays, it is most often for having observed that much of human knowledge, in both practical and abstract matters, is…
January 7, 2023
Personal Responsibility, Not Victimhood, Is the Path to Success
…their economic prospects are worse than whites.” Michael Tanner of the Cato Institute believes that until we address structural “issues [such] as a biased criminal justice system, a failing public school system,…
December 15, 2022
The Myth of Income Stagnation
According to the conventional wisdom, income stagnation and inequality are large and growing threats to broad-based prosperity in the United States. Many economists, journalists, business leaders, and elected leaders (from both parties) believe that for a…