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February 6, 2024
Research by a Top Biden Administration Economist Reinforces the Importance of Work Incentives in the Child Tax Credit and the Safety Net
For the past two years, economist Jacob Bastian has been the main researcher dedicated to trumpeting the virtues of a child tax credit (CTC) expansion. Writing first as an economist…
February 5, 2024
Why We All Rely On the Organized Kindness of Strangers
Our church caught fire [i] a few weeks ago. The pastor and a few other leaders had just gotten out of a Monday night meeting when they found the sanctuary…
February 5, 2024
The Biden Administration’s War on Flexibility at Work
One of the signal errors of Biden administration policy has been its tendency to take regulatory actions that reduce the flexibility of the economy generally and the labor market in…
January 31, 2024
How Should State and Local Governments Respond to Illegal Retail Cannabis?
The legalization of cannabis, rather than sidelining the black market, has fueled it, providing cover to illicit cannabis enterprises that often undercut the legal market on price and accessibility. State…
January 31, 2024
The Wyden-Smith Child Tax Credit and Work: Responding to Critics
The Wyden-Smith tax bill under consideration in the House has rekindled a debate about the Child Tax Credit (CTC) and work incentives. We, along with our colleagues, Angela Rachidi and…
January 31, 2024
Perspective: The ‘social workplace’ and why it matters to Zoomers
Social connections are increasingly as important as pay to younger workers. A mission-led workplace can help In his 1759 book “The Theory of Moral Sentiments,” Adam Smith observed that human…
January 31, 2024
Long COVID for Public Schools: Chronic Absenteeism Before and After the Pandemic
Key Points Consistent attendance is key to student success, but post-pandemic attendance has been far from consistent. Nationwide, chronic absenteeism—the percentage of students missing at least 10 percent of a…
January 30, 2024
Democrats in the House Have a New (Old) Plan for Higher Education
Lately, it’s been Republican lawmakers who have been at the table and offering up comprehensive reform for higher education policy, but this week House Democrats got back in the game. Today, they…
January 30, 2024
How Sensitive Are Single Mothers’ Work Decisions to a Change in Incentives? Correcting Misperceptions of the Evidence
Let’s start with a table. (With apologies to our mobile audience…) Evidence on Extensive Margin Employment Elasticities for Single Mothers Reported Revised Consistent w/ 0.75? Notes Reviews or Based…
January 29, 2024
Per-Child Benefit in Wyden-Smith Child Tax Credit Bill Would Discourage Full-Time Work for Families with Multiple Children
The Wyden-Smith proposed tax legislation would make four changes to the Child Tax Credit (CTC). First, it would increase the cap on the refundable portion of the CTC, eventually to the same…