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Our official poverty measure is measuring the wrong thing.
In the second edition of "Women's Figures," author Diana Furchtgott-Roth shatters the myth of the wage gap, alleging that women are continuing to gain ground relative to men. Preferential policies towards women are undermining America's notion of meritocracy and are actually calling into question the value of women's earned achievements.
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.
The idea that China is practicing a new form of capitalism, and may even be “doing capitalism better than America,” is reaching a fever pitch in policy and business circles.
The Census Bureau will release its annual official statistics on income and poverty on Tuesday, August 29. At AEI the day before the release, a panel of experts will brief reporters on how to interpret the numbers—whether they go up or down—with an emphasis on the strengths and weaknesses of...
But the mere existence of income inequality tells us little about what, if anything, should be done about it.
Adjusting poverty measures to account for the benefits of product improvements reveals that Americans in every income group are better off than they were twenty-five years ago.









