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Latest Inequality & Social Policy In the News

A Better Theory to Explain Financial Bubbles

A Better Theory to Explain Financial Bubbles

December 8, 2016

Bloomberg View | Discusses recent paper by Edward L. Glaeser and Charles G. Nathanson, "An Extrapolative Model of House-Price Dynamics," forthcoming in the Journal of Financial Economics. Glaeser is the Fred and Eleanor Glimp Professor of Economics at Harvard. Nathanson is Assistant Professor of Finance at the Kellogg School of Management.
​​​​​​​View the research... Read more about A Better Theory to Explain Financial Bubbles

The American Dream, Quantified at Last

The American Dream, Quantified at Last

December 8, 2016

The New York Times | Nathaniel Hendren, Assistant Professor of Economics, and Robert Manduca, Ph.D. student in Sociology & Social Policy, are among a team of researchers from Stanford, Harvard, and Berkeley who have released an important new study of economic mobility in the U.S., which finds that only half of Americans in their thirties earn more than their parents did at the same age. A few decades ago, nearly all did.

The team was led by economist Raj Chetty of Stanford and Nathaniel Hendren of Harvard, principal investigators for the Equality of Opportunity project, in collaboration with sociologist David Grusky of Stanford. The study incorporates results from an independent working paper by Inequality & Social Policy doctoral fellow Robert Manduca titled “Opportunity No More: Declining Absolute Mobility in the United States, 1940-2010.”
View the new study (PDF)
Learn more: Equality of Opportunity project

Inequality Is Killing The American Dream

Inequality Is Killing The American Dream

December 8, 2016

FiveThirtyEight | Explores the role of inequality in a new study of economic mobility by Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren (Assistant Professor of Economics, Harvard), Robert Manduca (Ph.D. student in Sociology & Social Policy, Harvard), and Jimmy Narang.

"But inequality was a much bigger driver [than economic growth]. The researchers analyzed a scenario in which growth followed its real-world path, but that growth was distributed more equally. In that scenario, the rate of mobility would rise to 80 percent, wiping out more than two-thirds of the 40-year decline.

Ultimately, Hendren said, restoring mobility will require both. 'You need growth, and you need it to be broad-based,' Hendren said."

American Dream collapsing for young adults, study says, as odds plunge that children will earn more than their parents

American Dream collapsing for young adults, study says, as odds plunge that children will earn more than their parents

December 8, 2016

Washington Post | Coverage of new study by Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren (Assistant Professor of Economics, Harvard), Robert Manduca (Ph.D. student in Sociology & Social Policy, Harvard), and Jimmy Narang.

"Previously, Chetty's team studied a different measure of mobility: the ability of children to move up or down America's income ladder as they grow up, when compared to other Americans. The new research attempts, for the first time, to quantify so-called "absolute mobility," which people often associate with the American Dream: the odds of a child earning more as an adult than his or her parents earned at the same age.

"The researchers say rising concentration of income among the richest Americans explains 70 percent of what has been a steady decline in absolute mobility from the baby boom generation to millennials, while a slowdown in economic growth explains just 30 percent...

"If you don’t have that kind of widespread economic growth across the income distribution, it’s tough to grow up and earn more than your parents,” Hendren said. “This is a distinct reason to focus on inequality."

A Bigger Economic Pie, but a Smaller Slice for Half of the U.S.

A Bigger Economic Pie, but a Smaller Slice for Half of the U.S.

December 6, 2016

The New York Times | Lawrence Katz, Elisabeth Allison Professor of Economics, comments on new study on U.S. economic inequality by Thomas Piketty, Emmanuel Saez and Gabriel Zucman. Also cited, the work of Claudia Goldin, Henry Lee Professor of Economics, and Katz on the race between education and technology as a driver of inequality.

Confiscated guns

America's Obsession with Powerful Handguns is Giving Criminals Deadlier Tools

December 5, 2016

The Trace | Cites David Hureau (Ph.D. '16), Assistant Professor in the School of Criminal Justice at SUNY Albany and an affiliate of the University of Chicago Crime Lab. Hureau, whose research focuses on the relationship between violent crime and social inequality, has studied the market for illegal guns.

Donald Trump’s Electoral College Win and the Enormous Hurdles for Reversal

Donald Trump’s Electoral College Win and the Enormous Hurdles for Reversal

December 4, 2016

Wall Street Journal | Cites Alexander Keyssar, Matthew W. Stirling Jr. Professor of History and Social Policy: “The amendment process is extremely difficult,” said Keyssar...who added that it nearly happened in 1969 when the House approved a proposal to reform the electoral process only to have it killed the next year by a Senate filibuster led by North Carolina Democrat Sam Ervin.

Impact 2016: Building Broad Prosperity

Impact 2016: Building Broad Prosperity

December 2, 2016

Center on Budget & Policy Priorities | Matthew Desmond talked housing policy with William Julius Wilson as the closing plenary speaker at the Center on Budget & Policy Priorities State Policy Conference in Washington, D.C. The three-day conference brought together policy experts, state leaders, and advocates to discuss policies to promote equity and prosperity.

House lawmakers passed the biggest health reform bill since the Affordable Care Act

House lawmakers passed the biggest health reform bill since the Affordable Care Act

December 1, 2016

Vox | Cites Daniel Carpenter, Allie S. Freed Professor of Government: "Carpenter, who wrote a history of the FDA, has called the bill the "19th Century Frauds Act." He continued: "The clauses on using purely observational data for drug approval and what amounts to anecdotal evidence for devices are deeply anti-scientific and would undermine the credibility of the American market for drugs and medical devices...This act would seriously undermine that credibility, and by extension the market as a whole."

Retail Investors Often Get Biased Financial Advice, Study Finds

Retail Investors Often Get Biased Financial Advice, Study Finds

December 1, 2016

Institutional Investor | "A trio of finance and economics professors [Antoinette Scholar (MIT), Sendhil Mullainathan (Harvard), and Markus Noeth (University of Hamburg)] concluded in a paper published in 2012 that retail investors really do need fiduciaries to shield them from poor financial advice. They finally got some protection in the Department of Labor’s so-called fiduciary rule, set to take effect in April 2017 — but the future of that rule now hangs in the balance, just as these researchers have produced fresh findings reinforcing their original conclusions."

The potential downside of automatic enrollment in 401(k) plans

The potential downside of automatic enrollment in 401(k) plans

December 1, 2016

Investment News | The practice boosts employees' savings rates, but it may also be financed in some cases by increases in consumer debt, according to new research in a forthcoming report by John Beshears (Harvard Business School), David Laibson (Dept of Economics), Brigitte Madrian (Harvard Kennedy School).

Likely Policies Under Trump

Likely Policies Under Trump

November 30, 2016

Harvard Gazette | Faculty from Harvard's Government Department—including Danielle Allen, Jennifer Hochschild, Claudine Gay—gathered for a post-election panel, "Trump's America: What's Next?," which explored what a Trump administration portends for voting rights, foreign policy, economics, and American democracy.

Donald Trump has every reason to keep white people thinking about race

Donald Trump has every reason to keep white people thinking about race

November 30, 2016

Vox | "There’s a growing body of research in political science and political psychology suggesting that even very mild messages or cues that touch on race can alter political opinions." Highlights work by Ryan D. Enos, Associate Professor of Government, who "sent pairs of native Spanish-speaking Latino men to ride commuter trains in Boston, surveyed their fellow riders' political views both before and after, and also surveyed riders on trains not used in the experiment as a control.

"'The results were clear,' Enos wrote in a Washington Post op-ed. 'After coming into contact, for just minutes each day, with two more Latinos than they would otherwise see or interact with, the riders, who were mostly white and liberal, were sharply more opposed to allowing more immigrants into the country and favored returning the children of illegal immigrants to their parents’ home country. It was a stark shift from their pre-experiment interviews, during which they expressed more neutral attitudes.'

"Dwell on that. Merely being in the presence of Latino people changed liberal voters’ attitudes on immigration. That’s among the most subtle cues imaginable. And this is a study conducted in the field, among real people, not in a lab."
View the research 

Latest awards

Roland Fryer is the 2015 John Bates Clark Medalist

Roland Fryer is the 2015 John Bates Clark Medalist

April 24, 2015

Awardee | Roland Fryer.
Awarded by the American Economics Association to "that American economist under the age of forty who is judged to have made the most significant contribution to economic thought and knowledge."

Laura Tach named a 2015 William T. Grant Scholar

Laura Tach named a 2015 William T. Grant Scholar

April 8, 2015

Awardee | Laura Tach (Ph.D. '10). The William T. Grant Scholars program selects 4-6 promising early-career researchers each year in the social, behavioral, and health sciences and supports their professional development with five-year research awards.

New RSF grant: How Rigid is the Wealth Structure and Why?

New RSF grant: How Rigid is the Wealth Structure and Why?

March 12, 2015

Awardees | Alexandra Killewald and Fabian Pfeffer (University of Michigan) are the recipients of a Russell Sage Foundation grant, jointly funded with the W.K. Kellogg Foundation, to assess the strength and pattern of multigenerational wealth associations, and explore the role of intergenerational transfers, home ownership and marriage in wealth mobility across generations.

Latest commentary and analysis

The Research on Charter Schools: An Introduction

The Research on Charter Schools: An Introduction

January 25, 2017

Education Next  | Interview with Joshua S. Goodman and Paul E. Peterson. Joshua Goodman is Associate Professor of Public Policy at the Harvard Kennedy School. Paul Peterson is the Henry Lee Shattuck Professor of Government and director of the Kennedy School’s Program on Education Policy and Governance (PEPG). Interview conducted by Doug Gavel of the Harvard Kennedy School.

Here’s What Works for Teacher Accountability

Here’s What Works for Teacher Accountability

January 24, 2017

Education Week | Op-ed by Brian Gill and Jennifer Lerner draws on the implications of behavioral science for accountability in schools. Gill is a senior fellow at Mathmatical Policy Research. Lerner is a  professor within the Management, Leadership, and Decision Science Area at the Harvard Kennedy School, and co-founder of the Harvard Decision Science Laboratory. The research on which this essay is based appeared in the fall 2016 issue of the journall Behavioral Science and Policy.
View the research

Here's who should really pay for Trump's new roads and bridges

Here's who should really pay for Trump's new roads and bridges

January 24, 2017

CNBC | By Edward L. Glaeser, Fred and Eleanor Glimp Professor of Economics. "If President Trump wants to seriously improve American infrastructure spending," writes Glaeser, "he should champion a new federalism for transportation, in which infrastructure is funded by states, localities and especially the users themselves."

Inaugural Freedom Ball

Get ready for a four-year-long pageant

January 21, 2017

Washington Post | By Danielle Allen, James Bryant Conant University Professor and Director of the Edmond J. Safra Center for Ethics.

Khalil Gibran Muhammad

Lest We Forget

January 20, 2017

Moyers & Company | Four historians and political scientists "dissect the big lie Trump rode to power: the Birther lie." Featuring Khalil Gibran Muhammad, Professor of History, Race and Public Policy, Harvard Kennedy School; Neil Painter (Princeton University); Christopher Lebron (Yale University); and Philip Klinkner (Hamilton College). [Video + transcript]

As Cuomo proposal rekindles free college movement, new research provides ammunition for skeptics

As Cuomo proposal rekindles free college movement, new research provides ammunition for skeptics

January 19, 2017

Brookings Institution | By Judith Scott-Clayton (Ph.D. '09), Associate Professor of Economics and Education, Teachers College, Columbia University: "[D]iscussion has increasingly focused on whether free tuition is the most effective use of additional funds for higher education.

"Specifically, does the marginal dollar spent on higher education have a bigger impact on enrollment and completion if it is used to reduce the sticker prices students face, or instead to increase institutional expenditures that affect the experience they receive once they enroll? Just a few days after Cuomo’s announcement, David Deming (Ph.D. '10) of Harvard University and Christopher Walters of the University of California at Berkeley presented a new study at the annual meeting of the American Economic Association, using a national database of state funding levels, tuition policies, institutional expenditures, and student outcomes over time to ask precisely this question."

Leah Wright Rigueur on ABC Nightline

How Donald Trump Has Used Twitter as Bully Pulpit

January 18, 2017

ABC News Nightline | Features Leah Wright Rigueur of the Harvard Kennedy School: "If we have a president who's blocking all access and trying to discredit the press, we don't have people who are holding the President's feet to the fire."

Brookings forum on public investment

Larry Summers v. Edward Glaeser: Two Harvard economists debate increased infrastructure investments

January 18, 2017

Brookings Institution | As politicians debate the merits of increased federal spending on infrastructure, the Hutchins Center on Fiscal and Monetary Policy asked two prominent economists—Harvard University’s Lawrence Summers and Edward Glaeser—about the economic case for stepped-up infrastructure spending and their thoughts on how to spend any additional money most wisely. Here are the highlights of the conversation. (Read more)

What Does Free College Mean?

What Does Free College Mean?

January 17, 2017

Harvard Graduate School of Education | A Q&A with David Deming (Ph.D. '10), a professor at the HGSE and Harvard Kennedy School.

Among the research highlighted in this interview, a study of the Adams scholarship in Massachusetts, by Sarah Cohodes (Ph.D. '15) and Joshua Goodman, Associate Professor of Public Policy, published in American Economic Journal: Applied Economics (Oct 2014); and a new paper by Deming and Christopher Walters of UC Berkeley, "The Impacts of Price and Spending Subsidies on U.S. Postsecondary Attainment."

Dept of Education

Federal Education Policy: What to Expect

January 13, 2017

Usable Knowledge (HGSE) | A primer on presidential transitions, Betsy DeVos, and how federal policy trickles down. Interview with Martin West (Ph.D. '06), Associate Professor, Harvard Graduate School of Education.

Lawrence Katz, J-PAL State and Local Innovation Initiative

Webcast: J-PAL State and Local Innovation Initiative Convening

January 12, 2017

J-PAL North America | Lawrence Katz, Elisabeth Allen Professor of Economics, and Jeffrey Liebman, Malcolm Wiener Professor of Public Policy at the Harvard Kennedy School, were among the speakers and panelists for the J-PAL State and Local Innovation Initiative Year 1 Convening. Katz serves as Scientific Director for J-PAL North America, along with MIT economist Amy Finkelstein.
View agenda

Latest policy, research briefs, and expert testimony