Government anti-poverty programs and charities must modernize the way they deliver social services. By embracing technological innovation, costly and time consuming bureaucratic barriers can be broken down and millions of disadvantaged Americans can become their own case managers.
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 […]
It’s become conventional wisdom that corporate America has fallen victim to myopia and short-termism. Companies are spending billions buying back stock that could have gone to innovation and investment. Corporate executives have compensation packages tied to stock prices, which focuses their attention on quarterly earnings rather than long-term growth. Investors want immediate results, rather than […]
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 […]
Uber, NYC Human Resources Administration, United Way of NYC, and Hunger Free America Join PPI to Promote New Report NEW YORK CITY—The Progressive Policy Institute (PPI) today was joined by technology, government, and anti-poverty leaders at a public event to release a new report by Hunger Free America CEO Joel Berg, Fighting Poverty with HOPE. […]
Twenty years ago this month, President Bill Clinton signed a landmark bill fulfilling his pledge to “end welfare as we know it.” It was the biggest change Clinton made in national policy, and it lanced a political boil that had vexed Americans for a generation. Both accomplishments, substantive and political, are worth celebrating today as […]
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 […]