Issues

Entitlement Reform

Publications

By / 12.13.2016

Economists often apply the term “opportunity costs” to high and middle-income people, meaning that the time they spend on one task is time not available to perform other, potentially more valuable tasks. But social scientists rarely apply the concept to low-income people, acting as if their time is essentially worthless. Sort of like the spouse […]

By / 2.5.2013

This brief provides a new explanation for why healthcare cost growth is showing restraint. Specifically, we find evidence that the healthcare sector is finally managing to use its workers more productively. In this policy brief we define a new measure of healthcare productivity, Gross Medical Productivity (GMP). We define GMP as the number of potential […]

Press

By / 1.10.2017

All low-income Americans should be equipped with an Online HOPE (Health, Opportunity, and Personal Empowerment) account. .S. poverty policy is stuck in a rut. In 2015, 43 million people in America were living in poverty – more than the combined populations of Texas, Pennsylvania, and Nebraska and 11 million more than in 2000. Slow growth […]

With the campaign in its final weeks, there is at least one issue that both candidates agree on — preserving and expanding Social Security. We can “save Social Security” and cut taxes, as Donald Trump insists, merely by conjuring that elusive elixir of “economic growth.” Hillary Clinton goes further, calling to expand it for widows […]

By / 10.26.2016

With the campaign in its final weeks, there is at least one issue that both candidates agree on — preserving and expanding Social Security. We can “save Social Security” and cut taxes, as Donald Trump insists, merely by conjuring that elusive elixir of “economic growth.” Hillary Clinton goes further, calling to expand it for widows […]

Blog

By / 1.20.2017

In his inaugural address today, President Donald Trump said, “But for too many of our citizens, a different reality exists: Mothers and children trapped in poverty in our inner cities… We will get our people off of welfare and back to work.” President Trump thus implied that most U.S. poverty is in “inner cities” and […]

By / 5.7.2015

Our recent report on tech employment, authored by myself and Diana Carew,  calculated that women have been getting three times as many healthcare-related bachelors degrees as men. A NYT article from February 2015 lauded women for taking advantage of the stable, middle class jobs in healthcare, observing that As the job market has shifted, women, in general, have […]

By / 4.19.2013

President Obama’s new budget attempts to define a progressive alternative to conservative demands for a politics of austerity. Having just returned from a gathering of center-left parties in Copenhagen, I can report that European progressives are wrestling with the same challenge, and are reaching similar conclusions. There was wide agreement that the wrong answer is […]