This weekly recap focuses on the challenges facing U.S. immigration policy, what it would take to close America's Black-white wealth gap, risks and opportunities associated with artificial intelligence, more.
White Americans hold ten times more total wealth than Black Americans, a disparity that has worsened in recent decades. RAND researchers modeled wealth across millions of households and tested several funding scenarios to see which could most effectively close the gap.
Official statistics don't capture the pain of inflation for many Americans. That's because there's something wrong with how we define the middle class. Far more American households earn a middle-class income than enjoy a middle-class lifestyle.
This weekly recap focuses on how the West might respond in the case of a limited Russian attack on NATO, what China's Arctic ambitions mean to the United States, how inflation affects middle-class households, and more.
African American families have significantly less wealth than White families, even after reaching the middle class. Home ownership is, for the vast majority of Americans, the primary vehicle for accruing wealth, and passing it down through generations. This is a crucial time for policymakers to consider policies that focus on improving home ownership rates for African Americans.
The American Rescue Plan is expected to cut child poverty in the United States by more than 40 percent. The benefits are important to families today and could be compounded over the hundred years these children are expected to live.
In the United States, black and poor students are suspended at much higher rates than their white and non-poor peers. While the existence of these disparities is not controversial, how to interpret the disparities is bitterly disputed.
The earnings gap between high school and college graduates has grown with each generation, but even a college degree does not ensure a good income. Just as the nature of jobs for high school graduates has been changing due to consolidation, trade, and technology, the quality of employment for college graduates is beginning to shift.
Research has fueled concerns about how income inequality drives inequality of opportunity. Commonsense approaches such as improvements in education and access to quality health care have been shown to provide young people with better opportunities.
Public housing projects have been controversial for decades in countries around the world. But an informal settlement in Cape Town, South Africa, could serve as a guide for other countries experimenting with community-driven development, an alternative approach to public housing.
The forum focused on several key issues underlying successful integration of technology into early childhood settings, including the goals that should be established for technology use, the infrastructure that is needed to support effective technology use, and the role of teachers and parents in facilitating technology use.
Future “societal” trends, ranging from the future of the labor market to the evolving relationship between citizens and the state, are shrouded in uncertainty, which makes it difficult to develop robust, sensible predictions. A RAND Europe report analyzes global societal trends to 2030 and their impact on the EU.
Pretax income inequality has been driven by long-term societal trends that are numerous, complex, and hard to change. They include education, parenting and family structure, neighborhood, immigration, globalization, and IT-based technology.
By shifting the strategic focus beyond growth and jobs, the successor of the current Europe 2020 Strategy should aim to invest in human capital and avoid sluggish productivity growth achieved at the expense of social inclusion, public health, education and skills, security or freedom.
The mixed picture of income inequality around the world reinforces the point that it is more important to know the underlying explanations for inequality across countries and within them, rather than the amount of inequality or changes in it, write Charles Wolf, Jr., and John Godges.