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June 18, 2024
Economic Opportunity and Social Mobility
…Australia, Germany, the Netherlands, Norway, Sweden, and Finland. The evidence is ambiguous as to whether America’s absolute mobility looks worse than or the same as that of Denmark and the…
June 6, 2024
How New Graduates Can Thrive in a Workplace Dominated by AI
…known since the 1950s is giving way to an era of maximum change. Unsettled political conditions at home are mirrored in conflicts abroad. The integrated global economy is fraying at the same…
May 14, 2024
Understanding Trends in Worker Pay over the Past 50 years
…declined. Along with reduced fertility and greater economic opportunities for women, the decline in marriage led men to prioritize values other than maximizing their pay. The painful transition for men…
May 13, 2024
Do Mothers Have “Societal Support”? Does It Count if It Comes from Neighbors?
…here’s a fact about Israel that’s probably worth more than any pro-family government benefit in Sweden: About 70 percent of Israeli parents get help from grandma or grandpa in caring…
May 6, 2024
How Much Are You Willing to Spend on Student Loan Forgiveness?
…universities misled borrowers, and while this is a maximalist solution, there were real problems with Art Institutes. Despite the Art Institute’s bad acts, another multibillion dollar forgiveness announcement (less than…
April 10, 2024
Biden Irresponsibly Encourages Borrowers to Enroll in SAVE Plan
…launched “SAVE Day of Action,” hosting a kick-off event, posting promotional videos, and mobilizing their social media followers in an effort to maximize enrollment in the program. You’d think they’re…
April 9, 2024
The Child Tax Credit: My Long-Read Q&A with Kevin Corinth
…as “middle class tax relief.” That’s not really what it was. It was in the sense that it increased that maximum payment, but you’re right, the fundamental change was that…
April 5, 2024
What’s Wrong with the US Economy? Anything?
…strong growth, price stability and maximum sustainable employment. So, what’s not to like? In the short term, high inflation is still an issue. It remains stubbornly sticky, stirring fears of a possible resurgence,…
March 28, 2024
An Early Look at the Child Tax Credit Changes in the Tax Relief for American Families and Workers Act of 2024
…providing corporate tax relief, the legislation would change the CTC in four ways. First, the maximum CTC benefit would be indexed to inflation. Second, the maximum refundable credit would increase…
March 11, 2024
How Many Forms of “Wage Insurance” Do We Need, Exactly?
…recessions offer additional weeks of checks to the long-term unemployed (that is, generally beyond six months, continuing state UI check amounts). During the last two recessions, maximum durations stretched to…