The U.S. economy has grown considerably over the past three decades. However, there is a prevailing sentiment that the middle class and the poor have been left behind. Our results show evidence of considerable improvement in material well-being for both the middle class and the poor over the past three decades.

Our current "Great Recession" has hit the poor and middle class hard, but does this short-term downturn in prosperity characterize the last three decades? Bruce Meyer from the University of Chicago and James Sullivan from the University of Notre Dame take the long view and argue that things are not as bad as we think.

This book describes in detail the characteristics that destroy and create jobs over time.

By giving so much ground on the stimulus bill, House Republicans have fallen into a trap that was set for them two weeks earlier by Tom Daschle

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The United States currently has a large number of policies designed to assist low-income workers. The primary mechanism is the U.S. tax code, with revenue losses to tax credits for low-income workers, such as the Earned Income...

Brandeis’s metaphor of the states as "laboratories" for policy experiments is clichéd, but thisdictum had everything to do with his commitment to scientific socialism.