Tag: Poverty

It’s Official: The Top 40% of Income Earners Pay More Than 100% of Federal Income Taxes »

The Congressional Budget Office has just published a study, The Distribution of Household Income and Federal Taxes, 2010, which shows that the top 40% of income earners paid 106.2% of total federal income taxes, while the bottom 40% paid -9.1%. This isn’t the study’s headline, so you have to dig a bit to get...
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Just Say No to Jobs for the Young and Unskilled »

As pictured here, Governor Jerry Brown has signed new minimum wage legislation that ups the minimum productivity to be employed in California to $9 per hour starting next year, and $10 per hour in 2016. Supervisors will also have to increase their productivity if they want to stay employed. The San Francisco Chronicle offers...
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Schooling for Profit: Doing Good for Students while Creating Wealth for Staff »

Making money is anathema to members of the government schooling establishment (of course, begging for public subsidies then complaining it doesn’t have enough certainly isn’t). So what if a schooling outsider decided to design and sell schools on a grand scale? Well that’s exactly what entrepreneur Max Ventilla is doing. A founder of Aardvark...
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More Money, Less Liberty, Impoverished Education »

A new study from the Southern Education Foundation finds that half of all public school students now live in poverty. The poverty measure they use is eligibility for the federal free and reduced-price lunch program, part of the National School Lunch Program. According to study authors: The latest NCES [U.S. Department of Education’s National...
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Victory! The Independent Institute’s Longtime Opposition to Inclusionary Housing Policies Lays Groundwork for Governor’s Veto »

On Sunday, Gov. Jerry Brown vetoed Assembly Bill 1229, a measure that would have authorized California cities and counties to establish inclusionary housing requirements as a condition of development, allowing them to force housing developers to set aside units for low-income residents. The Independent Institute, and especially its Senior Fellow Benjamin W. Powell, provided...
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New York Times Wrong about Government Childcare Delivery »

When it comes to government-run childcare and preschool, the delivery is worth all the labor pains—so says University of Massachusetts, Amherst, economics professor emerita Nancy Folbre in her recent New York Times article. Folbre’s sentiment reflects that of House Democratic Leader Nancy Pelosi, who insists America has an early childcare and education “crisis” that...
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New Book Exposes the ‘Terrible 10′ Worst U.S. Economic Policy Mistakes »

Despite enjoying impressive economic growth over the past century, Americans have also been the victims of scores of stupid government mistakes that have made them poorer. For many the blunders led only to temporary setbacks, but for others the errors created life-altering disasters from which they never recovered. In the new book The Terrible...
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Government-Run Preschool Is a Dead End, Not a Lifeline »

Greater economic equality requires the “lifeline” of more government-funded preschool for disadvantaged children, says Nobel Prize–winning economist James Heckman in his New York Times editorial last week. High-quality education can certainly enhance a foundation of opportunity and prosperity. But the empirical record shows that government preschool is a dead end, not a lifeline. Conspicuously...
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Bono: “Capitalism takes more people out of poverty than aid” »

Our Research Fellow George Ayittey met the Irish rock star Bono in July 2007 during a TED conference. Professor Ayittey was speaking and in knowing that Bono would be in the audience, he explains that “I made a special effort to rip into the foreign aid establishment.... Later, Bono said he liked my speech...
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Jim Crow and the Progressives »

Historians often speak glowingly about the Progressive movement of the late 19th and early 20th centuries. Typically they write off the racist statements made by many of its leaders—Herbert Croly, John Dewey, Teddy Roosevelt, Woodrow Wilson, and others—as minor “blind spots” unrelated to Progressivism. But perhaps the apologist historians also have trouble seeing clearly....
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