December 1, 2023
Red States Can Lead the Way on Marriage and Fatherhood
“If we care about our children, if we care about the vibrancy of our communities, we have no choice but to have the conversation” about absent fatherhood, said Chris Sprowls, who served as a prosecutor in Florida before going on to become speaker of the state house in 2020. In his work on cases involving gangs…
November 30, 2023
A Valuable New Perspective on America’s War on Poverty
I suppose if you’re someone who thinks American capitalism has failed and unironically uses the phrase “late capitalism,” there’s probably no changing your mind. So I guess this post is meant for folks who have concerns about the American economy yet also have an open mind about new information. For this group, I have a…
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
Bribing Homeowners To Build Tiny Houses Won’t Solve NYC’s Housing Problem
Those who believe New York City not only needs more housing but more types of housing to serve its many types of households should be cheered by the Adams administration’s support for “granny flats.” These small “accessory dwelling units” built in backyards, converted basements or converted garages can help homeowners pay their mortgages and older adults…
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 21, 2023
Defining Poverty Up
Thirty years ago, the late Senator Daniel Patrick Moynihan (D., N.Y.) wrote a seminal essay titled “Defining Deviancy Down.” He argued that Americans had “become accustomed to alarming levels of crime and destructive behavior” such as soaring out-of-wedlock childbearing behind increased welfare dependence. Policy-makers responded to Moynihan’s call, and the bipartisan 1994 crime bill (which Moynihan…
November 20, 2023
The Next Time States Are “Swimming in Money” Make Them Repay Their Federal Loans
The pandemic was full of firsts, including the first time states received hundreds of billions of federal dollars they could use to shore up their depleted state unemployment insurance (UI) programs. The March 2020 CARES Act provided $150 billion in a flexible “Coronavirus Relief Fund,” whose potential uses included covering states’ “unemployment insurance costs.” Then the March 2021 American…
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…
November 14, 2023
The Comeback City
Introduction “Given New York Today, Could Anyone Lead It?” So bemoaned a 1991 New York Times headline after decades of failure and futility.1 Crime was endemic, schools were failing, poverty was pervasive, and the economy had stagnated. From John Lindsay to David Dinkins, mayor after mayor had tried to tackle these problems. They had all…
November 14, 2023
Forget the Economics of Grievance
Introduction Donald Trump’s ascendancy has inflicted many changes on the right, including substantially altering its posture on economic issues.1 Where this blend of economic nationalism and conservative populism has been tried, it has been found wanting—at least, if you take the goal of working-class populism to be better opportunities and outcomes for the working class. And…