To view this email as a web page, click here

.
AEI's weekly digest of top commentary and scholarship on the issues that matter most

WAGE INCREASES AND EMPLOYMENT RATES

The effects of large and small minimum wage changes

Saturday, September 25, 2021  

A new working paper demonstrates that in addition to Michael R. Strain's important contributions as an opinion columnist, he is producing remarkable scholarship. His latest research with Jeffrey Clemens finds that "large minimum wage increases reduced employment rates among low-skilled individuals" by more than 2.5 percent. Smaller increases in the minimum wage, however, have virtually zero effect on employment.    

 

Scott Winship reports that the pandemic did not increase rates of food insecurity in the United States from 2019 to 2020 and that "poverty fell to an unprecedented low in 2020, despite the public health crisis." Winship attributes these surprising facts "to the extraordinary efforts by policymakers early on in the pandemic" but warns that policymakers have been late to shift their attention to other priorities, such as public health and education policy.

 

Benjamin and Jenna Storey, political philosophy professors at Furman University and visiting scholars at AEI, spoke to The Wall Street Journal about the troubled state of liberalism in America. The Journal's Barton Swaim praises their new book: "I have read many critiques of liberalism, but none so original as 'Why We Are Restless: On the Modern Quest for Contentment.'"

 

Thomas Chatterton Williams' powerful essay in this week's New York Times Magazine recounts his father's first encounter with classical philosophy as a child in the segregated South, the impact this experience had on Williams' own intellectual pursuits, and how Williams passed the same love for wisdom on to his daughter during a recent trip to Greece.

 

Zack Cooper applauds the Australia–United Kingdom–United States (AUKUS) deal, in which the United Kingdom and the United States agreed to provide Australia with nuclear-powered submarines, and proposes "five practical recommendations to capitalize on AUKUS's momentum."

 

In the fall 2021 issue of AEI's National Affairs, Thomas P. Miller reflects on lessons from the "exceedingly malleable" nature of the Affordable Care Act (ACA) over the past 10 years. He warns that amid controversies over the ACA, Congress has abdicated its proper role and allowed regulators to make "a mockery of the rule of law."

 

Adam J. White argues that the controversial details of the new Texas abortion law only make sense — indeed, "are inevitable" — when considered in the context of Roe v. Wade's distorting "gravitational pull."

RESEARCH SPOTLIGHT

What the latest Current Population Survey tells us about the future of fertility

Not only did fertility rates in the United States reach their lowest levels last year, but Lyman Stone considers "another crucial indicator": fertility history, or the number of children women have ever had. Using data from the Census Bureau, Stone finds that this number has declined for every applicable age group and argues that data suggest women born between 1987–96 and 1996–2006 will have even fewer children than the generations before them. Stone also finds that marriage is being postponed or forgone in higher rates than ever, a trend that will continue to play a major part in the further drop in birth rates.

More from AEI
RESEARCH AND WRITING

Ways and Means' retirement proposal is bad policy — and unrealistic

Mark J. Warshawsky
RealClearMarkets

Virginia is leading on ending the broadband divide

Ajit Pai
The Washington Post

Pension smoothing — the budget gimmick that will not die

Alex Brill and Alan D. Viard
AEIdeas

Why France is getting no sympathy for its lost sub deal

Elisabeth Braw
Defense One

The deeper problem behind Gen. Milley's 'secret phone calls'

Kori Schake
The New York Times

PODCASTS AND VIDEOS

Elisabeth Braw on emerging national security threats

Robert Doar, Phoebe Keller, and Elisabeth Braw
"Banter"

Police and public opinion

Karlyn Bowman
AEI video

Carbon tax vs. corporate tax

Alex Brill
AEI video

What is happening on the ground in Afghanistan?

Danielle Pletka and Marc A. Thiessen
"What the Hell Is Going On?"

Uncontrolled spread: A book event with Scott Gottlieb

Robert Doar and Scott Gottlieb
"The AEI Events Podcast"

quote of the week