Demographics
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Progressive Taxes May Discourage the Most Productive Work
A real-world example shows taxes eat into marginal income, steering workers toward lower-paying, but more pleasant, jobs.
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Full Employment May Still Signal Stagnation in Labor
Low layoffs and low hiring have created a fragile equilibrium. The underlying picture points to drift, not true growth.
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Measuring Poverty Correctly Reveals a Hard Truth About the Welfare State
When taxes and transfers are included, poverty is much rarer than commonly reported. But what actually reduces it?
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Dancing on the Tomb of Ehrlich’s Ideas
Paul Ehrlich’s dire predictions never came to pass, but they did plenty of damage. Fortunately, even his intellectual allies have abandoned his core premise of humans as planetary parasites.
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Congress Knows It Has a Spending Problem, But Won’t Fix It
Fiscal discipline is politically costly, but inaction will be disastrous. How can we restore sanity to federal budgeting?
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Can Immigration Address America’s Fiscal Nightmare? It Depends
High-skilled workers tend to strengthen government budgets, while low-skilled immigration can add fiscal pressure. The composition of immigration matters as much as the number.
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Starbucks CEO Howard Schultz Ditches Seattle After Wealth Tax Vote
Entrepreneurs are exiting high-tax states and taking corporate revenue with them. Why spend years lobbying when you can spend an afternoon on Zillow?
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How Concerning Are the February Jobs Numbers?
Slow job growth is expected when we remain near full employment and the working-age population is growing slowly.
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•
The Student Loan Reckoning Has Arrived
Pandemic forbearance and reporting “on-ramps” masked mounting strain, but loans are now coming due, and serious delinquencies are rising.
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•
Defusing the Social Security Time Bomb
Minor adjustments cannot fix a pay-as-you-go system strained by demographic reality. Restoring solvency demands structural changes that emphasize ownership.
-
•
Progressive Taxes May Discourage the Most Productive Work
A real-world example shows taxes eat into marginal income, steering workers toward lower-paying, but more pleasant, jobs.
-
•
Full Employment May Still Signal Stagnation in Labor
Low layoffs and low hiring have created a fragile equilibrium. The underlying picture points to drift, not true growth.
-
•
Measuring Poverty Correctly Reveals a Hard Truth About the Welfare State
When taxes and transfers are included, poverty is much rarer than commonly reported. But what actually reduces it?
-
•
Dancing on the Tomb of Ehrlich’s Ideas
Paul Ehrlich’s dire predictions never came to pass, but they did plenty of damage. Fortunately, even his intellectual allies have abandoned his core premise of humans as planetary parasites.
-
•
Congress Knows It Has a Spending Problem, But Won’t Fix It
Fiscal discipline is politically costly, but inaction will be disastrous. How can we restore sanity to federal budgeting?
-
•
Can Immigration Address America’s Fiscal Nightmare? It Depends
High-skilled workers tend to strengthen government budgets, while low-skilled immigration can add fiscal pressure. The composition of immigration matters as much as the number.
-
•
Starbucks CEO Howard Schultz Ditches Seattle After Wealth Tax Vote
Entrepreneurs are exiting high-tax states and taking corporate revenue with them. Why spend years lobbying when you can spend an afternoon on Zillow?
-
•
How Concerning Are the February Jobs Numbers?
Slow job growth is expected when we remain near full employment and the working-age population is growing slowly.
-
•
The Student Loan Reckoning Has Arrived
Pandemic forbearance and reporting “on-ramps” masked mounting strain, but loans are now coming due, and serious delinquencies are rising.
-
•
Defusing the Social Security Time Bomb
Minor adjustments cannot fix a pay-as-you-go system strained by demographic reality. Restoring solvency demands structural changes that emphasize ownership.