May 12, 2023
Changing Narratives on Family Affordability with Angela Rachidi
On this episode of The Archbridge Podcast, co-hosts Ben Wilterdink and Clay Routledge invite AEI’s Angela Rachidi to discuss her recent report, The Evidence on Family Affordability. Rachidi’s report found that, contrary to conventional wisdom, it has not become much more difficult to afford a family on a middle-class income, and that changes in family structure…
March 15, 2023
Can Businesses Boost Upward Mobility?
Event Summary On March 15, AEI and the Brookings Institution convened a panel of labor economists and experts to discuss the role businesses play in advancing upward mobility for workers. AEI’s Brent Orrell moderated the discussion among the panelists. Harry Holzer of Georgetown University spoke first about the economics of good and bad jobs and…
February 13, 2023
The Eerie Familiarity of California’s Boom-Bust Cycle
Those trying to ride a corporate unicorn to a major IPO should consider the lessons of their nineteenth-century forebears. On January 24, 1848, James Wilson Marshall, a carpenter from New Jersey who had taken up residence near Sutter’s Fort in northeast California, was attempting to establish a timber mill to feed burgeoning construction in nearby…
January 5, 2023
Defending the American Dream with Michael Strain
Our interview this week is with the American Enterprise Institute’s Michael Strain. Michael is the author of The American Dream Is Not Dead: (But Populism Could Kill It), and we talk about how real blue-collar wages in America have not been stagnant for decades, despite what you might have heard.
January 3, 2023
Systemic Disadvantage
The term “systemic racism” freezes social, political, and policy conversation. As soon as the words are uttered, contending parties retreat to their respective corners to engage in a mutual misunderstanding guaranteed to produce anguish and anger on both sides. In a way, the resulting stasis serves the interests of both sides: Progressives are relieved of…
December 15, 2022
The Myth of Income Stagnation
According to the conventional wisdom, income stagnation and inequality are large and growing threats to broad-based prosperity in the United States. Many economists, journalists, business leaders, and elected leaders (from both parties) believe that for a large share of households, real (inflation-adjusted) income has not increased for decades, and that income inequality – the gap between higher- and lower-income households –…
December 14, 2022
Bringing Home the Bacon: Have Trends in Men’s Pay Weakened the Traditional Family?
Key Points
December 1, 2022
Was Rising Inequality Behind Falling Absolute Mobility? Reassessing Chetty et al. (2017)
In 2017, a widely publicized paper by a research team led by Harvard economist Raj Chetty found that while the vast majority of American kids born in 1940 ended up better off at age 30 than their parents fared at the same age, that was only true of half of kids born in 1980. Moreover,…
September 12, 2022
Section 199A and “Tax Parity”
Key Points Read the PDF. Executive Summary In 2017, the Tax Cuts and Jobs Act included a new deduction for business income: Section 199A. This provision allows taxpayers to deduct up to 20 percent of qualifying business income against their taxable income and provides a special tax benefit for “pass-through” businesses—those not subject to the…