Sublime

The Emergency Rental Assistance program, in tandem with other pandemic aid like the expanded Child Tax Credit, had cut the eviction filing rate in half in city after city across the United States. Eviction rates were lower than they had ever been on record.[30]

At the same moment unemployment rose to near-Depression levels, the stock market reached a record high. The work economy and the investor economy occupied separate realities. The very rich became much richer—the country’s six-hundred-odd billionaires increased their wealth by nearly 50 percent. The richest of them all, Jeff Bezos, added around $70

His last sentence was important. It was a new economy. The biggest difference between the economy of the 1945–1973 period and that of the 1982–2000 period was that the same amount of growth found its way into totally different pockets. You’ve probably heard these numbers but they’re worth rehashing. The Atlantic writes: Between 1993 and 2012, the t

“Neoliberalism” is now part of the left’s lexicon, but I looked in vain to find it in the plain print of federal budgets, at least as far as aid to the poor was concerned. There is no evidence that the United States has become stingier over time. The opposite is true.[11]

We often forget how overwhelmingly positive the effects of economic growth have been. Economist Russ Roberts reports that he frequently polls journalists about how much economic growth there has been since the year 1900. According to Russ, the typical response is that the standard of living has gone up by around fifty percent. In reality, the U.S.

Baumol’s cost disease to include any sector of the economy where demand is inelastic (goods and services that most consider “essential), and supply/productivity is naturally and/or artificially restricted. With this expanded definition, four sectors of the economy stand out as afflicted by cost disease: healthcare, higher education, housing, and ch

Spurred by private sector confidence in a growing and profitable health care market, the United States has favored investments in health care over social services. According to the numbers, this inequity may result in poorer health than might be attained by recalibrating the balance of health and social spending.