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September 25, 2024

The Promise — and Danger — of Kamala Harris’s YIMBYism

…in standards, tastes, and preferences at the local level and that those who seek to build it must marshal good arguments to persuade local officials. That should mean opening the doors…

September 24, 2024

Household Food Insecurity Rises Again – Inflation, especially for households ineligible for safety net programs, to blame

…by historic standards, suggesting inflation remained an important factor to consider when trying to understand food insecurity rates for 2023. This can be seen in Figure 2 where we display…

September 23, 2024

Toward a Potential Grand Bargain for the Nation

…strengthening the link between pay and performance; maintaining educational standards and accountability while narrowing gaps by race and class; expanding school choice; and recognizing the role that parents and families…

September 19, 2024

Government benefit programs already do a lot to help low income families

…the standard deduction and earned income deduction. The excess shelter cost deduction does not apply given their rental payment after housing assistance is less than half of adjusted income. Medicaid…

September 16, 2024

A Pyrrhic Victory Against Student Loan Default

…Congress created income-driven repayment (IDR) plans in the 1990s, though they only entered widespread use in the early 2010s. Unlike the standard “mortgage-style” fixed repayment plan, in which students pay…

September 10, 2024

America is Still Working

…use and zoning regulation would help people afford to move to opportunity. Productivity growth—the engine for raising living standards—has been stuck at too-low levels for too long. Shifting government spending…

August 30, 2024

When It Comes to Declining Donations, There’s More to the Story

…incentives. It’s unlikely that the increased standard deduction will be reduced next year. That increase resulted in a drop in itemized tax returns from an average of nearly 30 percent from 2010…

August 29, 2024

The Distribution of Social Capital across Individuals and its Relationship to Income

…with a 0.23 standard deviation increase in social capital for those with the lowest levels of market income, while an extra $10,000 in government transfer income is associated with a…

August 29, 2024

It’s Time for Radical Reform in Higher Education

…offering a path forward that is both corrective and sustainable. The proposed bill aims to accomplish the following improvements to federal higher education policy: Holds colleges to a higher standard….

August 28, 2024

Some Context Behind JD Vance’s Child Tax Credit Comments

…current $2,000 per child under the 2017 Tax Cut and Jobs Act (TCJA), offsetting the elimination of the personal exemption and changes to the standard deduction in the tax code….