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February 2, 2024
Has Intergenerational Progress Stalled? Income Growth over Five Generations of Americans
…increase in real market income than Baby Boomers. Intergenerational progress for Millennials under age 30 has remained robust as well, although their income growth largely results from higher reliance on…
January 31, 2024
How Should State and Local Governments Respond to Illegal Retail Cannabis?
…KUNC, “Seven Years After Legalization, Colorado Battles an Illegal Marijuana Market,” August 14, 2019, https://www.kunc.org/news/2019-08-14/seven-years-after-legalization-colorado-battles-an-illegal-marijuana-market; and Shira Schoenberg, “Black Market May Be Marijuana Legalization’s Biggest Challenge,” CommonWealth Beacon, November 29, 2020, https://commonwealthbeacon.org/uncategorized/black-market-may-be-marijuana-legalizations-biggest-challenge….
January 31, 2024
The Wyden-Smith Child Tax Credit and Work: Responding to Critics
…to considering a simple two-period model given that the existing CTC was not implemented until 2018 and COVID-19 caused major labor market disruptions beginning in 2020.) Empirically, whether the look-back…
January 31, 2024
Perspective: The ‘social workplace’ and why it matters to Zoomers
…human. Looked at this way, markets are human social behavior “at-scale,” driven by the innate human tendency to trade for mutual development and benefit. Data from our most recent report on “The…
January 30, 2024
Democrats in the House Have a New (Old) Plan for Higher Education
…released new legislation outlining their vision for higher education reform beyond the administration-led student loan cancellation agenda. In some sense, this marks a welcome return to normalcy, where lawmakers on both sides…
January 29, 2024
How Should Students Think About College?
In recent years, there has been a marked decline in public confidence in higher education, sparking debate on the value of a bachelor’s degree. In a new report published by…
January 24, 2024
Expanding Housing Supply with Light-Touch Density: City of Seattle Case Study
…process won’t work. Planners need to get out of the way and let the market build more housing. Beware of the recommendations of the federal government, which likes complex, one-size-fits…
January 23, 2024
A Follow-Up on My Recent Testimony to the Joint Economic Committee on Policy Approaches to Increasing the Supply of Affordable Housing
…concluding, however, that we need to spend more money on “affordable” housing, let’s first consider another version of a simplified, yet functioning market: the car market. Just like new and…
January 22, 2024
Can Workforce Development Programs Improve Labor Force Participation?
…appears to be a chronically tight labor market. More importantly, the simulation found expanded workforce development programming would increase labor force participation by three percentage points. That change would be…
January 19, 2024
Ninety Percent Student Attendance Won’t Solve Chronic Absenteeism
…absent. That is bad for achievement, odds of graduation, and a number of long-term markers of success. In my view, this is the greatest post-pandemic challenge for public schools. Indeed,…