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December 18, 2023

The State of Democratic Capitalism: 2023

…a century if successful. It would switch the baseline standard against which the level of competition in a market is measured. The “big is bad” standard judges competition by the…

December 14, 2023

The Myth of the 1%

…Department and David Splinter of the congressional Joint Committee on Taxation finds that the after-tax income share of the top 1% has barely changed since 1962. This stands in stark contrast to…

December 11, 2023

How Public Housing Encourages Single Parenthood and Penalizes Marriage

…the short-term spike in rents merely dramatizes that essential market failure. It asserts that the “rent burden among families with the lowest incomes is a long-standing issue. . .primarily due…

December 8, 2023

Room for Compromise on the Hot Foods Act

…  As it currently stands, SNAP allows recipients to purchase “any food or food product for home consumption except alcohol, tobacco, hot foods, or hot food products ready for immediate consumption…” However,…

December 1, 2023

Unlocking Economic Prosperity: Career Navigation in a Time of Rapid Change

…are broken in the United States, disproportionately affecting Black, Latinx, and Indigenous individuals and those from low-income backgrounds. Disrupting long-standing occupational segregation and improving outcomes for all will require a system…

November 30, 2023

A Valuable New Perspective on America’s War on Poverty

…of Americans now live in poverty based on President Johnson’s initial standards. And President Johnson’s War on Poverty based on absolute 1960s living standards is largely over and a success….

November 30, 2023

Evaluating the Success of the War on Poverty since 1963 Using an Absolute Full-Income Poverty Measure

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 27, 2023

Bribing Homeowners To Build Tiny Houses Won’t Solve NYC’s Housing Problem

…affordability of its pre-zoning standard of two- and three-family homes. (Although Boston Mayor Michelle Wu is toying with bringing back the housing insanity called rent control, guaranteed to limit new…

November 14, 2023

Forget the Economics of Grievance

…But Trump’s successes were deviations from his brand of nationalism-populism. Indeed, the two major economic policy accomplishments of the Trump years were standard conservative economic fare: needed reform of the…

November 14, 2023

Did Child Poverty Really Increase Last Year?

…ate into living standards. No ARP, no expanded CTC, but also less inflation. The bottom line is that economic hardship among children was never before as low as it was…