Poverty
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AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
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Gen-Z YouTuber Hammers Home Financial Responsibility
Foul-mouthed and fiery, Caleb Hammer is bringing sound financial advice and personal accountability to the YouTube-TikTok generation.
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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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Will AI Remake the World of Work?
As AI drives the marginal cost of production toward zero with an endless supply of labor, we’re changing the ways we pay for work.
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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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Stop Lamenting Inequality—Start Questioning Bad Policy
Global inequality has narrowed and the poor are gaining ground. If the system feels rigged, we should look to government policies that suppress competition and reward insiders.
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Reflections on Four Decades of Teaching ECON 101
The most important lessons of an economic way of thinking haven’t changed much in 40 years. But the students have.
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New York Can’t Afford to Sideline Private Developers
Private investment can deliver new rentals at scale, but few will want to build if NYC makes it impossible to charge market rates or remove delinquent tenants.
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•
Are Transfers Replacing Work for America’s Poor?
CBO data show that government transfers now account for a historically large share of income among low-income households. Does today’s welfare system encourage mobility or entrench dependency?
-
•
AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
-
•
Gen-Z YouTuber Hammers Home Financial Responsibility
Foul-mouthed and fiery, Caleb Hammer is bringing sound financial advice and personal accountability to the YouTube-TikTok generation.
-
•
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?
-
•
Will AI Remake the World of Work?
As AI drives the marginal cost of production toward zero with an endless supply of labor, we’re changing the ways we pay for work.
-
•
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?
-
•
Stop Lamenting Inequality—Start Questioning Bad Policy
Global inequality has narrowed and the poor are gaining ground. If the system feels rigged, we should look to government policies that suppress competition and reward insiders.
-
•
Reflections on Four Decades of Teaching ECON 101
The most important lessons of an economic way of thinking haven’t changed much in 40 years. But the students have.
-
•
New York Can’t Afford to Sideline Private Developers
Private investment can deliver new rentals at scale, but few will want to build if NYC makes it impossible to charge market rates or remove delinquent tenants.
-
•
Are Transfers Replacing Work for America’s Poor?
CBO data show that government transfers now account for a historically large share of income among low-income households. Does today’s welfare system encourage mobility or entrench dependency?