March 13, 2025
Two Charts Show Why a Trade War Over Fentanyl Doesn’t Make Sense
Following a month-long pause, President Trump last week reimposed tariffs on Canada and Mexico, only to pause many of them again two days later. Different reasons have been offered by the Trump Administration for the tariffs, but in recent days the President’s advisers have honed in on one reason in particular: Fentanyl is being shipped across our borders with…
March 13, 2025
Trends in Net College Tuition and Financial Aid, 1990–2020
Key Points Introduction College costs are out of control—or so the narrative goes. In recent years, a counternarrative has emerged that argues, correctly, that the meteoric rise in the sticker price of college is misleading. Net college tuition, or tuition after financial aid is applied, has risen far less quickly than sticker price tuition and…
March 13, 2025
Housing Roadblocks: Paving a New Way to Address Affordability
Thank you, Chairman Scott and ranking member Warren. Thank you, committee members. I am gratefuland honored to have the opportunity to speak to you today. I am an economist who has spent much of the last quarter-century studying what has gone wrong withAmerica’s housing markets. Initially, I worried mainly about the high costs and limited…
March 11, 2025
An Evaluation of Cost Saving Reforms of the Supplemental Nutrition Assistance Program
AbstractCongress is considering ways to reduce spending on the Supplemental Nutrition Assistance Program (SNAP) by $230 billion over ten years. Reforms are likely to include one or more of the following cost-saving elements: reducing the maximum SNAP benefit, reducing deductions, expanding work requirements, and ending broad based categorical eligibility. In this paper I analyze each…
March 10, 2025
Many Children Left Behind: The 2024 National Assessment of Educational Progress Results Indicate a Five-Alarm Fire
Key Points Introduction By now, the awful results from the 2024 National Assessment of Educational Progress (NAEP)1 have been publicized, chewed over, and digested—and they are already moving into the rearview mirror as states, school districts, and teachers fall back into the comfortable routine of doing the same thing over and over again. But continuing that…
March 4, 2025
A Model for Effective and Reasonable Work Requirements
As Congress considers instituting work requirements to maintain eligibility for Medicaid, it is illustrative to examine an effective model for how such requirements have been implemented in New York City to maintain eligibility for the federal cash welfare program Temporary Assistance to Needy Families (TANF). Proposals to mandate work requirements as a condition of receiving…
March 3, 2025
It’s Time for Time Limits on Public Housing
Like other Cabinet agencies, the Department of Housing and Urban Development is moving quickly to undo long-standing progressive policies. New HUD Secretary Scott Turner has asserted that the agency is now “DEI-free.” Perhaps even more significantly, the agency is considering implementing time limits and work requirements for tenants of public and subsidized housing. Although we should expect howls of protest from tenant…
February 28, 2025
Less Than Half of Medicaid Recipients Work Enough to Comply With a Work Requirement
Congress is considering implementing work requirements for Medicaid. This reform could help Congress achieve its goal of reducing federal expenditures and simultaneously strengthen the incentive for Medicaid recipients to work. At the same time, individuals who do not comply with the work requirement may lose health insurance coverage. Underlying the policy debate is the extent…
February 27, 2025
How Progressive Policy Distorted the Housing Market
For more than a century, American progressives have argued that the costs and conditions of American housing prove that the private market has failed. In the early twentieth century, the often-rough tenements of New York’s Lower East Side were deemed the work of rapacious “slumlords,” while small single-family or duplex homes that sprouted in cities…
February 24, 2025
A Conservative Vision for Higher Education Reform
Key Points Introduction The year 2019 marked a dramatic turning point in the national discourse on higher education policy. On April 22, 2019, Senator Elizabeth Warren, vying for the Democratic nomination for president, announced that as president she’d cancel up to $50,000 of student debt for 42 million Americans.1 She started a chain reaction, with each…