January 21, 2024
Portland’s Encampment Kids
I’m standing outside the Central Police Precinct in downtown Portland, Oregon. Officer Eli Arnold and I have bicycled over to meet two of his colleagues, returned from a drug bust. We examine the proceeds of the crime on the hood of a squad car. The officers weigh the fentanyl powder on a small scale, record…
January 19, 2024
The Work Incentive and Employment Effects of Eliminating the Child Tax Credit’s Annual Income Requirement
Abstract Senior House and Senate tax committee leaders agreed to a framework for modifying the Child Tax Credit on January 16, 2024. The most consequential reform would eliminate the Child Tax Credit’s annual income requirement by allowing individuals to calculate their eligibility using their current or prior year’s income, whichever year maximizes the family’s benefit….
December 18, 2023
The State of Democratic Capitalism: 2023
How to assess the health of democratic capitalism in the United States? Fundamentally, it is very strong. The marriage of democratic politics and a free-market economy continues to strengthen each, with free markets generating the employment opportunities and prosperity that lead to widespread support for our political system and the rule of law, strengthen democratic…
December 15, 2023
Pro-Family Policy Priorities for States
Introduction America’s system of federalism means that the is- sues that most directly impact the lives of parents and families are often most appropriately dealt with at the state level. While many conversations about how to make family life more affordable and achiev- able in the U.S. tend to focus on the federal tax code,…
December 1, 2023
The 2023 American Opportunity Index
The 2023 American Opportunity Index, a collaboration between the Burning Glass Institute, Harvard Business School’s Project on Managing the Future of Work, and the Schultz Family Foundation, examines the career paths of 4.72 million employees in 396 major U.S. companies. Unlike traditional job quality metrics, this index directly observes real-world outcomes by analyzing millions of…
December 1, 2023
Unlocking Economic Prosperity: Career Navigation in a Time of Rapid Change
New research from the Project on Workforce and the National Fund for Workforce Solutions sets an evidence-based, field-informed agenda for a 21st century career navigation ecosystem. Pathways to economic opportunity are broken in the United States, disproportionately affecting Black, Latinx, and Indigenous individuals and those from low-income backgrounds. Disrupting long-standing occupational segregation and improving outcomes for…
December 1, 2023
Cities Use Covid Funds to Run Guaranteed-Income Experiments
Alexandria, Va. Dozens of cities around the country have launched welfare experiments called guaranteed-income pilots to send monthly checks of up to $1,000 to needy people. The goal is to demonstrate that giving the poor direct cash aid can improve their economic stability, their children’s educational attainment, and even their mental health. Most of the…
November 30, 2023
Evaluating the Success of the War on Poverty Since 1963 Using an Absolute Full-Income Poverty Measure
Abstract We evaluate progress in the War on Poverty as President Lyndon B. Johnson defined it, which established a 20% baseline poverty rate and adopted an absolute standard. While the official poverty rate fell from 19.5% in 1963 to 10.5% in 2019, our absolute full-income poverty measure—which uses a fuller income measure and updates thresholds…
November 27, 2023
For kids, marriage still matters
The science could not be clearer: On average, the children of married parents are more likely to experience happier, healthier and more successful lives. Brookings Institution scholar Melissa Kearney powerfully underscores this truth in her new book “The Two-Parent Privilege,” writing, “The decline in the share of U.S. children living in a two-parent family over…
November 14, 2023
The Impact of Opportunity Zones on Private Investment and Economic Activity
Abstract Place-based policies aim to stimulate economic development in disadvantaged areas with the goal of improving the well-being of residents. A provision of the Tax Cuts and Jobs Act aimed to spur private investment in low-income areas called Opportunity Zones (OZs). We evaluate the impact of OZs on investment using data on the near-universe of…