There was a time if you looked around your office everyone was an employee of the company’s whose name was on the door. Now, odds are the person you call for tech support, the person at the front desk, and the cleaning staff all work for someone else, namely a firm that supplies contractors to companies like yours. This is known as workplace fissure.
Research by economists Larry Katz and Alan Krueger has explored the trends in alternative work arrangements like these (pdf). They estimate that non-standard employment (gig work, temp work, contractors) accounted for a around 10% of American […]
View Original: The concept of “fissure” explains a lot of what’s wrong with the economy
Jasmin Cross trying to study while her sons, Sebastian and Vyvyan, played in their home in Portland, Ore. She attends a community college and their father works full time, which she said they could not do without free child care through Head Start. As many American parents know, hiring care for young children during the workday is punishingly expensive, costing the typical family about a third of its income.
Helping parents pay for that care would be expensive for society, too. Yet recent studies show that of any policy aimed to help struggling families, aid for high-quality care has the […]
View Original: How Child Care Enriches Mothers, and Especially the Sons They Raise
This fundamental paradox – that today is a good time and a challenging time to be a young person in America – is at the heart of Our Work.
Many young people are better off than ever before in America. High school graduation is at an all-time high, and teen pregnancy is at a historic low. More young children are in preschool, and fewer teens are using drugs and alcohol. More young people are graduating college, and fewer young people are in prison. But many young people still face enormous challenges. Just over 12 percent of youth are not in […]
View Original: The American Dream is both real and at risk.
Photo by Brett Carlsen/Getty Images It has been snowed over by the rallying stock market and the cascade of controversies in the early months of the Trump administration, but the 2016 election revealed a deep economic and geographic divide in America. That divide remains critical — though not sufficient — to understanding both Donald Trump’s victory in that election and the policy debates that have defined his presidency so far.
Trump’s victory over Hillary Clinton was fueled by a growing Republican dominance in rural areas , as NPR’s Danielle Kurtzleben wrote last fall. Those areas have been left behind by […]
View Original: Getting ahead in the city is hard. In rural America, it’s even harder.
For all the obsessing in Washington regarding income inequality, why isn’t there more outrage about government policies that exacerbate the problem? There are hundreds of programs that increase poverty in America. Last week, at the Heritage Foundation forum on this very topic, my colleagues exposed many of these programs.
Economist Don Boudreaux, of George Mason University, unmasked two such policies. One is trade protectionism. Trade barriers raise prices and act as a regressive tax on Americans, Boudreaux explains. They also stunt the very process of innovation that makes goods and services widely available to people at affordable prices to begin […]
View Original: Stephen Moore: Government makes the poor poorer
RELEASE: TUESDAY, APRIL 11, 2017
Government Makes the Poor PoorerDennis Prager is off. The following is a column by Stephen Moore.For all the obsessing in Washington over income inequality, why isn’t there more outrage over government policies that exacerbate the problem? There are hundreds of programs that increase poverty in America. Last week, at the Heritage Foundation forum on this very topic, my colleagues exposed many of these programs.Economist Don Boudreaux of George Mason University unmasked two such policies. One is trade protectionism. Trade barriers raise prices and act as a regressive tax on Americans, Boudreaux explains. They also […]
View Original: Government Makes the Poor Poorer
As technology companies and the techies who work for them have headed to cities, they have increasingly been blamed for the deepening problems of housing affordability and urban inequality.
A few years ago, for example, the San Francisco-based writer Rebecca Solnit complained that the Bay Area’s conflict pitted “writers, artists, activists, environmentalists, eccentrics” against the newly moneyed tech elite.
But there is little evidence that the influx of wealthy people into the urban core and the transformation of some leading creative neighborhoods had led to any substantial diminution of these cities’ overall creative capacities. In fact, cities like New York, London, […]
View Original: Urban Inequality Is a Crisis, But Don’t Blame Techies for It
Economic Mobility: Research & Ideas on Strengthening Families, Communities & the Economy is a new publication released by the Federal Reserve Bank of St. Louis and the Board of Governors of the Federal Reserve System. The authors of the essays in this volume explore a range of issues and concepts central to understanding how—and how well—people are able to move economically.
Janet Yellen, Chair, Board of Governors of the Federal Reserve System The Importance of Economic Mobility (PDF) Introduction Ray Boshara, Federal Reserve Bank of St. Louis, and David Buchholz, Board of Governors of the Federal Reserve […]
View Original: Economic Mobility: Research & Ideas on Strengthening Families, Communities & the Economy
We need to confront how increasing income inequality is affecting people’s inner lives. In a lecture at INSEAD’s Fontainebleau campus a couple of months ago, Professor Robert Frank of Cornell University argued that pure luck (beyond effort and personal circumstances) would become more salient for professional success and quality of life in the context of a winner-take-all society fuelled by technology ( digitalisation in particular) and new ways of doing business. Frank’s argument resonates: Economic and social advantages clearly are disproportionately accruing to the “lucky” few who create the next big start-up or come up with a digital idea […]
View Original: How Invisible Inequality Hurts the Poor
Gina Luster, 42, and daughter Kennedy Luster, 8, at a now-defunct water fountain in downtown Flint, Mich. Luster’s interest in activism began with the city’s water crisis and has now transformed into a full-time position for a local nonprofit. (Brittany Greeson for The Washington Post) I need a Trumpcation, by which I definitely do not mean a weekend in Mar-a-Lago, but a break from the chaos wrought by the administration.
To be clear, I’m not getting out of the vigilant oversight business, especially regarding attempts to sabotage the Affordable Care Act or pass big, wasteful, regressive tax cuts. But it’s […]
View Original: Barriers to opportunity in today’s America