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January 2, 2025
AI Will Have a Major Impact on Labor Markets. Here’s How the US Can Prepare
…a period of high-velocity technological change requires new types of economic data to help all players make the best possible decisions. Our nation already invests substantially in understanding national labor…
December 31, 2024
Farewell, President Stimulus
…the severity of the Great Recession became more apparent, President Barack Obama and Vice President Biden worked with Democratic congressional leaders to craft what … Read more in National Review here….
December 29, 2024
Why Rent Regulation Remains So Hard to Undo in NYC
…some 400,000 regulated units — notes, the current system “inhibits the natural flow and movement of a normal housing market.” There can be ill-effects on housing quality too, economists are finding,…
December 20, 2024
Fixing Inflation, Right-Sizing the Federal Government
…a 10 percent reduction in the growth of the national debt. Moreover, since 2018, the Internal Revenue Service has used the chained CPI to update tax parameters each year, generating…
December 17, 2024
Make America Smart Again: The Jeopardy Test for Graduation
…last month to abolish a similar graduation requirement, the Massachusetts Comprehensive Assessment System, whose adoption in 1994 coincided with that state consistently becoming the nation’s top National Assessment of Education Progress performer,…
December 17, 2024
Industrial Policy and Deficits: Dark Clouds for Democratic Capitalism
…their supply is diversified away from adversarial nations or geopolitical hotspots. Coordinating with allies would allow production to be relocated to nations that are best situated to produce. It is…
December 11, 2024
The Often Overlooked Link Between Drug Use and Family Decline
…to a recent study, the number of Black people and Native Americans in this category has been growing while the number of white people has been going down. A study published in…
December 5, 2024
Inflation Reduction Act Offers a General Lesson against Industrial Policy
…since the end of the Cold War. The US’s embrace of industrial policy has created a permission structure for other nations to do the same. Unsurprisingly, South Korea and the…
December 2, 2024
The Pursuit of Happiness Starts with Families: A Conversation Between Brad Wilcox and Gov. Spencer Cox
…the nation in GDP growth, led the nation in population growth in the last census, and I could go on and on. People are trying to figure out why —…
November 22, 2024
A Side Effect of the Booming Job Market: Wage Inequality Is Way Down
…a fundamental shift in the nature of job-switching as workers moved from lower-productivity firms to higher ones. This reallocation of workers to more productive firms and tasks, along with technological…