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September 23, 2023

Did Pandemic Unemployment Benefits Increase Unemployment? Evidence from Early State-level Expirations

Abstract During the 2021 pandemic year, the generosity of Unemployment Insurance benefits was expanded (Federal Pandemic Unemployment Compensation [FPUC]) and eligibility for benefits was broadened (Pandemic Unemployment Assistance [PUA]). These…

September 20, 2023

Do Two Parents Matter More Than Ever?

…Dronkers, Jaap, Matthijs Kalmijn, and Michael Wagner. “Causes and Consequences of Divorce: Cross-National and Cohort Differences, an Introduction to This Special Issue.” European Sociological Review 22, no. 5 (2006): 479–81. 5.Angela Chen,…

September 18, 2023

A Degree of Risk

…students. Legislation introduced by Sen. Bill Cassidy, R-La., would increase transparency in the process of shopping and paying for college education, constrain borrowing for graduate school to affordable levels, and implement…

September 15, 2023

Why Industrial Policy Fails

With Democrats and Republicans alike supporting a shift from free markets toward government planning, the United States has clearly entered a new era of economic policymaking. Yet all the reasons…

August 22, 2023

Is Paid Leave a Pro-Growth Policy?

…of some problem in the market), and benefit some groups at the expense of others.  Indeed, as my AEI colleague Michael Strain has written, “Such micromanagement would almost surely result in…

August 21, 2023

Four Shocking Truths about the American Economy! (Well, Shocking to Some.)

…productivity growth and wage growth: “The Link Between Productivity and Wages Is Strong” by Michael R. Strain But this next chart tells a radically different story about productivity and pay,…

August 9, 2023

The CTC Work Incentive Works

…a proponent of the CTC Sen. Michael Bennet cited statistics claiming that nearly 80 percent of those affected by the expiration of the expanded CTC were already working. He went on…

August 7, 2023

Union Square Melee Proves Riots Have Little to Do with Real Political Grievances

…police homicides of George Floyd in Minneapolis and Michael Brown in Ferguson, Mo. There’s always been a significant part of the crowd that is, in Harvard social scientist Edward Banfield’s…

July 26, 2023

How Worker Benefits Turn into Welfare

…same guaranteed minimum benefit in each state, again regardless of any individual’s prior earnings. Supporters argue the uniform payments protected systems straining under record claims. They have a point that…

July 21, 2023

Can Spain Defuse Its Depopulation Bomb?

…highest percentage of old people in the world.” This demographic shift will put severe strains on the Spanish economy as its labour force shrinks and the government struggles to support…