Twitter got out ahead of me on this one…
Confirming that I have a book coming out this fall!
The Two-Parent Privilege will be available on September 18.
You can pre-order now from
@uchicagopress
:
.
Are the economists in the administration all hanging their heads in defeat?
The inequity…inefficiency…level of spending…perverse incentives going forward…subsidies to a higher ed market that already has terribly screwed up pricing….
What an astoundingly bad policy move.
An especially thoughtful student defended his dissertation this morning. In add to usual acknowledgment of advisors, he thanked the admin staff by name.
I showed the staff, one woman cried she was so touched.
I always learn from my students. This one has reminded me to be kind.
Sounds like this Harvard professor is suggesting that the Harvard extension school is meaningfully diverse and inclusive, and hence less prestigious than the “real” Harvard.
Wow. (And by wow, I mean, gross.)
@evelkniefall
not flaws--your word, not mine. Extension school students are mostly smart, ambitious, hard working, thoughtful, sometimes very accomplished--but mostly striving for upward mobility without background that would get them admitted to what is usually understood as Hvd. grad school
Econ professors have our work cut out for us this fall!
- Tariffs don’t lead to lower prices
- Price controls lead to less supply
- Eliminating some type of income from taxes is distortionary
- & so much more!
As my sister who is a personal trainer always says, LFG! 💪🏻
My kid’s high school just announced a sweeping new cell phone policy for the coming year: “Cell phones and smart watches must be powered off and stored away between the hours of 8:00 a.m. and 3:15 p.m.”
Thank you
@JonHaidt
for kickstarting this national movement!! 🙏🏻
5th grader: "Mom, the economic recession is one of the topics we can research for social studies/science!"
Me: 😀👏"That's so awesome! What do you have to do?"
Her: "Oh I didn't pick that. I'm doing the phases of the moon. Nobody picked the economics one. That's so boring."
😧
As a researcher who has been studying the economics of families and kids’ well-being for 20+ years,
I am here to tell you that you can’t just write off the two-parent privilege as “Republican propaganda.”
This year really underscored for me why it’s important for economics to have more women and moms…
When the pandemic started, economists everywhere were like “We need to support businesses!”
And all the mom economists were like “Yes, and also kids and working parents!”….
Ludicrous statement.
1. At this time ppl should be & are being discouraged from going to work
2. Income benefits now will maintain some consumption/spending floor, for households & the economy.
3. Evidence shows that welfare pgms (SNAP,Mcaid) have very small neg work effects.
Joint statement by conservatives Stephen Moore, Art Laffer, Steve Forbes: "Don’t expand welfare and other income redistribution benefits like paid leave and unemployment benefits that will inhibit growth and discourage work"
I’m seeing lots of ads from faculty in top/rich Econ departments this week hiring full-time pre-docs. You sure you all can’t just admit these talented students into your PHD programs, let them train and coauthor with you, and get on with their adult/professional lives? 🤷♀️
W/ all the econ & Econ PHD bashing on twitter these days, I’m just going to say it, & hope maybe some young person on the margin feels encouraged:
Yes the PhD is hard. Really hard. But Econ is freaking awesome and if you love it, you should seriously consider pursuing it...
Woah! Less than 2% of Harvard faculty identify as conservative…?!
Seems not great for diversity of intellectual perspective or viewpoint on campus.
Does campus leadership see this as a problem?
Are other elite institutions this skewed?
I am often asked what it might take to bring about an increase in birth rates…
Sure, there’s the usual policy stuff (tax credits, child subsidies, etc).
But probably also more commercials (& social messaging) like this 👶🏼 -
Just read multiple NYT articles in a row & each labeled ideas “Republican talking points” v what “Dems believe” before even naming the idea.
Geez, with all the priming of in/out group signaling, no wonder it’s so hard to have actual policy debates these days….
You guys,
@MattBruenig
totally owned me —
My suggestion that two parent families might benefit kids is based on my out of touch marriage to a Yale Law School guy. (He found it on Google!)
But here’s the thing -
Unlike Bruenig, I think many 2-parent families could be
Was with my teen girls on spring break - every time they picked up their phones and scrolled, it was photo after photo of their teen girl friends posing in tiny bikinis on their spring breaks. I don’t need an RCT to tell me that can’t be good for anyone, on multiple levels...Oh
What puzzles me about the social media debate is why our null hypothesis/prior should be that there is no effect.
These platforms are literally A/B tested to maximize user lock-in, addiction, and social comparison. This is pretty well known. 1/5
I do not resent the people who got a huge break today. Good for them!
I do resent the lazy policy making that didn’t pair this debt forgiveness with a serious plan to FIX THE SYSTEM going forward…
I don’t understand why Dems are pouncing on this after pushing for an expanded child tax credit.
We all realize that a tax credit to people with kids means childless people with the same income pay more in taxes, right?
BREAKING: In a stunning new leaked video, JD Vance claims that childless adults should pay more in taxes. It’s clear JD Vance wants to wage war against Americans. Retweet so all Americans see this devastating clip.
Sure, I expected pushback to the observation that the decline in 2-parent families outside the college educated class is exacerbating inequality in childhood experiences & perpetuating class gaps.
But I really was hoping for a higher level of discourse than this.
Let me address
@KayHymowitz
@AnnieLowrey
@kearney_melissa
I find it *bewildering* that the solution to “how can we optimize for kids” can’t be better than “force two people to live together for 18 years whether or not they want to.”
Seeing what’s happening with post-docs on the econ job market & pre-docs among grad school applicants truly leaves me sad for our profession.
We are screening out people who can’t/won’t spend 10 years preparing for a job as a PhD economist!
I would say something about how crazy it would be to prioritize redistribution to homeowners over low-income renters - akin to my comments about how indefensible it is to prioritize redistribution to those who attended college - but then the political economists would tell me
My dad always used to say that the way you build wealth is by building equity in your home.
My housing plan would help Americans achieve homeownership by giving households $400 a month for two years when they buy their first home.
Contrarian take:
It is not a terrible, horrible, unforgivable sin for a student to ask for a regrade or a new grade.
Sometimes graders make mistakes!
And lots of students are super stressed out over grades.
Why so much anger over this from professors on twitter?
Geez.
As if being a PhD student isn't lonely & emotionally draining enough, omg how hard for all these students still doing it remotely. Almost every zoom mtg I have with a grad student breaks my heart. So many living alone, far from home. Can't wait for us all to back on campus! 😥
It happened again this am -- I keep encountering not-very-competent workers at retail establishments and it makes me very happy and I want to say to the other (impatient) customers "guys! this is great! it's a sign of a tight labor market!" Good stuff.
Bruenig seems wed to the idea that non-college educated dads are worth no more - and many worth much less - to their kids than what a government check could provide.
That strikes me as a terribly elitist and incorrect position.
Husband and I chatting ab our work days (econ, law), 8 yr old interrupts:
“Guys, that’s boring! Today I learned that in Rwanda they use drones to deliver medicine to places where they need it. The drones have medicine and text the ppl when they are close.”
Um, that is cooler.
As I reflect on the criticisms I'm getting for my
@nytimes
&
@TheAtlantic
pieces, one common thread reflects the view that if there isn't an obvious or immediate solution, it's irresponsible of me to call attention to the problem.
I think that's wrong.
In office hrs this week:
A female undergrad shyly tells me she’s intimidated by “all the math” & “all the guys,” adding “I didn’t realize econ was a guys’ major.”
I could barely contain myself -
“ECON IS NOT JUST FOR GUYS! IT IS WAY TOO COOL TO JUST LET THE BOYS DO IT!”
Is there any better feeling as an economist mom than when your kid texts you a photo from his college econ class showing a lecture slide citing one of your papers. 🥰☺️
The problem with my Twitter feed being mostly left leaning academic types is that it is pretty upset with me right now…
Anyone have a right leaning Twitter feed I could lurk on for a little bit? Maybe I’m less loathed over there this week… 😳
The Social Security actuaries are still bullish on the idea that US women are going to start having more babies than they've been having:
"Birth rates are assumed to increase from recent very low levels to an ultimate level of 1.9 children per woman for 2040 and thereafter."
Attn students:
The word for passing statutory taxes onto other parties is called “tax incidence.”
Not absurd.
Perhaps unfortunate.
Definitely happens (hint: elasticities matter.)
Understanding potential unintended consequences of a policy is key to good policy making.
Also, can someone explain how the 5% cap going forward on payments means something other than these loans now essentially being monopoly money - printed by Treasury, authorized by the Dept of Ed, paid for by taxpayers - subsidizing ever rising higher ed tuition?
One of my MIT profs asked me to RA for him that summer.
I chose to kick around Costa Rica w/ my boyfriend instead.
I recall that Amy Finkelstein went to work for him. I mean, sure, she’s a John Bates Clark winner & MacArthur genius, but has she ever been to Arenal Volcano?
i couldnt possibly cosign this any harder. have fun the summer before grad school! I think i mostly hung out with my friends, watched the olympics, ate pizza and drank wine in melbourne laneways (in my defense it was winter there).
“Trapped in the care burden”??
Wow. That is some harsh normative framing.
Why do economists insist on assigning a negative normative label to any shift away from market work to parenting?
Anyone who has actually given birth pre-tenure will not be surprised by this.
While I was puking/nursing, male peers were using their extra time to write more papers.
Turns out, childbirth is physically & mentally harder on women. Go figure.
Would not have expected only 19% of Biden supporters to say society benefits when people prioritize marriage & having kids.
A huge partisan divide on an issue that shouldn’t be partisan.
Nobody should be coerced into marriage/having kids, but saying society benefits isn’t that.
New
@pewresearch
: Staggering 40 percentage point gap between Biden & Trump backers in... % who say society should prioritize marriage & kids:
✔️59% of Trump supporters prioritize marriage/kids
✔️19% of Biden supporters prioritize marriage/kids
Anyone else beside me fill out their Census questionnaire and think "shoot, that's it? it's over already? surely there are more questions you want to ask me! I didn't even tell you how these kids are related to the other adult in the house." Sigh.
Just in case it makes any aspiring economist feel better, my own curiosity led me to take a bunch of undergrad courses in history, sociology, politics, literature, even - gasp - music and the history of art, but not real analysis.
I don’t care if it’s real analysis in particular. But one has to be deeply incurious not to take a proof-based math course before starting an econ PhD.
It’s a beautiful night for baseball, and an exciting night for the Econ profession - Nobel prize winner
@PikaGoldin
threw a perfect pitch at
@fenwaypark
!
An important new RCT study finds that unconditional cash transfers to very low-income new mothers in the U.S. affects the brain functioning of their babies.
In other words, poverty affects brain development in babies!
Via The New York Times
Econ students: intrigued by Econ Nobel prize but haven’t taken advanced micro theory yet? This is an accessible intro to auction theory by Milgrom
(h/t
@MargRev
)-
This dismissive reaction to my book from
@ezraklein
, who notes that I don't have an obvious solution to the problems I highlight, is a common reaction from progressives.
I find it curious that so many progressives are inclined to write off the idea of strengthening families as a
Again, it’s objectively important to document the father/mother gap in earnings post child -
But I really wish economists would drop the “penalty” label, which has a normative framing.
Maybe dads are penalized by not having as much choice to cut back on work and be with kids.
Let me be clear to any corporation that hasn’t brought their prices back down even as inflation has come down: It’s time to stop the price gouging.
Give American consumers a break.
Having to assert allegiance to a viewpoint and describe how you have advanced it and will continue to do so really is insulting to the whole enterprise of higher ed. Not to mention the performative aspect of the required essays…
MIT's decision to drop the mandatory DEI statement shows leadership. Ditto with requiring standardized tests again.
There should be conscious efforts to recruit diverse faculty and students, but the mandatory statement went too far.
I didn’t think I talked about the need for job training or prisoner reentry pgms that often around the dinner table, but I must say enough about related ideas that my 10 year old knew I would love this gift. My favorite Xmas gift this year. ❤️🎄
A plea to journalists:
PLEASE do not refer to targeted cash transfers as UBI, or argue that a UBI is a good idea because giving cash to poor people is helpful.
Giving cash to poor people is a means-tested cash transfer, not a Universal Basic Income, and it is not novel.
10-yr old comes in, reads what's on my laptop screen, puts hands on her hips & with irritation asks, "Well, are we, Mom? Are kids inferior goods?" Me: "No, baby, you are a normal good." And we hug.
#econparenting
“Not only is the world coming apart, is it is really falling apart for people without a BA”
- Angus Deaton
@BrookingsInst
#BPEA
Adult life expectancy by BA status -
A Valentine's Day tribute to my 3 beloved children:
You kids are totally worth the associated earnings penalty. I wouldn't trade you for all the earnings in the world, nor a CV with twice as many papers.
XOXO
(figure from Kleven et al, NBER wp Feb 2019)
Grade inflation makes it harder for the best students to distinguish themselves.
And it disincentives deep learning.
So it bums me out that departments that have meaningful grades (say, Econ) lose majors to departments where 70% of students get As (I won't name names), the
We economists also need to keep beating the drum that kids are not only our moral responsibility, but our economic future.
Our nation’s strength depends on their human capital development.
(See I can put it in boring words if I must. I can even write it in math. 🙄)
It's true, I am downright giddy that our nation might finally take bold steps to fight child poverty & improve the lives of children in this country. (One day I might use more serious econ-y terms to talk about this stuff; today is not that day.) Thx to
@NewsHour
for having me!
All the people on here accusing me of having a profit motive for writing my U Chicago Press book -
😂😂😂😂
Guys, if my goal was to make $ as an economist, there are way better ways to do that than write a book with an academic press. 😉
Why are progressives Iike Bruenig so opposed to making strengthening families a policy priority? Why not support programs aimed at helping low-income parents achieve healthy relationships and productive coparenting?
FWIW, when I was debating writing The Two Parent Privilege, an encouraging colleague remarked to me "What's the point of tenure if not to write a book like that?" I decided he was right. I would not have written the book without tenure.
Tenure's nice for old academics, but the process of getting it selects against the bold truth-telling that is its ostensible rationale. It should be abolished, and if we must pay academics more to compensate for the loss of a valuable fringe benefit, that would be a good trade.
I often get push back from academics & journalists when I say this, but now the notion is going mainstream —
If you care about econ & social well-being of kids, you can’t pretend that family structure doesn’t matter. It’s showing up in these Atlases too -
100%. This line of argument from the WH is unbelievably disingenuous.
The WH knows PPP "loans" were essentially grants, written as loans w/ an explicit expectation of forgiveness, w/ the expressed purpose of maintaining pay for workers.
This level of discourse is depressing.
These tweets are BS.
PPP paid *workers* during COVID.
PPP funds could have gone straight to workers but were structured as "loans" to employers to simplify administration.
Oh come on with this headline; how about “Economists, a majority of whom are male, are freaking out over…”
I’m not a macro economist & this isn’t my fight AND…
“Male economists are freaking out over a NYT profile of Stephanie Kelton and MMT - Axios”
I don’t have a dog in the fight about whether anyone from Harvard or MIT plagiarized, but why so many of my fellow academics are now making jokes about plagiarism or suggesting “oh hey just a little bit is no biggie” is beyond me!
Guys - America is already turning away from
Sometimes I wonder if DC is a bit of strange place to raise kids and then my young daughter asks me "Mom, I saw a guy today wearing a t-shirt that says r>g. What does that mean?" And I am sure yes, yes it is.
This has been bothering me, so I'm putting it out there -
The shift to 6 yrs for an Econ PhD is a TERRIBLE trend for female PhD students - & also some men, obviously - but especially for women.
This issue warrants much more attention.
#econtwitter
@AEACSWEP
Actually, that’s just part of it.
A 2nd parent is more than just a source of $ for their kids.
How many parents are going to spend this Sunday w/ their kids - talking w/ them, taking them to sports games, helping them with homework, & so much more?
I do really like the headline the Atlantic put on my essay:
A Driver of Inequality That Not Enough People Are Talking About
Two-parent households should be a policy goal.
I understand the claim that the most politically reliable way to get help to those who need it is to give benefits to everyone, but there is something very wrong with us as a society if the only way to generate political support for helping the disadvantaged is to bribe everyone.
I feel like I owe Fortnite an apology. It used to be the bane of my parenting existing. I hated it, bad mouthed it, fought with my son about it. These days I am so grateful Fortnite gives him and his friends a way to "hang out" & experience some form of 14-yr old boy socializing.
…I have had *plenty* of misogynist crap thrown at me in the profession…
But male economists criticizing the work of a female economist is not necessarily a gender issue & it doesn’t help us be taken seriously as women in economics to always pit things that way.
She also infers from my position that two parent households tend to be better for kids that I must be biased in my thinking, but I’m not sure there was any amount of data I could bring to the issue that would lead her to conclude otherwise.
This is a common reaction and has me
Do
@MattBruenig
and
@rtraister
disagree with my suggestion that we need to improve the economic position of non-college educated men so they are in a better position to be financially reliable as marriage partners and fathers?
Or is the goal to give up on the dads altogether?
A large scale detailed RCT study of an unconditional guaranteed income program -
Bottom line: recipients of the $ worked less & spent the extra time in leisure.
Not necessarily the findings proponents of guaranteed income would like, but kudos to these scholars for doing
We are happy to release the first results of a RCT of a US program that provided $1,000/month unconditionally for 3 years to 1,000 individuals in the treatment group, with a group of 2,000 people receiving $50/month serving as the control.
These are sizable transfers. 1/ 🧵
This
@washingtonpost
critic says I’m too conventional lamenting the decline of the 2-parent household, asking
“why should we “work to restore and foster” the nuclear family…instead of working to foster a new norm of communal child-rearing?
My fellow academics will understand...
"Whatchya working on, Mel? I thought you finished up your teaching last month. You still have work to do?" - asks my Dad, year ~20 of my academic research career 😉
@DLeonhardt
nails it-
“For the past 2 years, many communities in the U.S…have accepted more harm to children in exchange for less harm to adults, often without acknowledging the dilemma or assessing which decisions lead to less overall harm.”
I love when people ask if they can be in touch with my assistant about something. I always debate which kid I should put them in touch with. Probably the middle one. 🤔
These things can all be true:
1. Working moms are exhausted.
2. The US should invest much more $ in child care.
3. Child care issues are not what's currently holding back aggregate jobs recovery.
via
@politico
There were roughly 16.9 MILLION undergrads in the US last year. There were < 10,000 at Harvard.
With no disrespect to all the fine Crimsons, it would probably be socially productive to spread media attention and philanthropic
$$$ around much more widely.
Just sayin’.
We're starting to get to the crux of some of the disagreement -
I see these trends as something that should concern all of us worried about inequality, threats to social mobility, & the well-being of children/parents -- not progress.
It came in the mail!
A real hard copy book!
Thanks to all of you who helped make this happen!!! So so many people to thank for working with me on this. 🙏🏻🥰
So a labor economist walks into a PA ski resort, & this place is WAY understaffed!! Tons of guests, not nearly enough people to staff the hotel, restaurants, etc... So she can’t help but ask around - young guy at the front desk tells me they need 1000 workers, they have <500...
Reviewer of paper: "Reject. This has only been done in one setting. Need replication."
Review of proposal to fund replication in new setting: "This has already been done. Not novel."
Sometimes it's really hard to make progress on building evidence. ☹️
I gave another talk about the Two Parent Privilege to college students today.
And again, during the Q&A, a college student asked me why I don’t talk about porn/TikTok/OnlyFans, and how addiction to those sites is affecting young people’s ability to form healthy relationships.
I
It’s also the case that typically to get a raise, one needs an “outside offer,” which often requires being willing and able to move one’s family somewhere else in the country.
Hypothesis: this contributes to women getting paid relatively less than men at the same university.
Academia, particularly the most competitive parts of academia, are built on the assumption that "serious" academics have no family obligations or will be willing and able to sacrifice them for the good of their work. That assumption is bad for academics and bad for academia, too.
Hey academics - how can we convince all schools to drop the request that recommenders check a bunch of boxes to rate students on a number of qualities against other students/graduates/high potential people? Do we all agree that those are meaningless & burdensome?
#EconTwitter
Kid1: “hi mom I’m on break from class..:”
Kid2: “mom I need help....”
Kid3: “mom, I’m in class, could you bring me....”
Me: “why don’t any of you bother dad!?”
Kid3: “he’s not as useful.”
The incentives of this scheme are all wrong! I finally get it. 🤔
Thought experiment: What if we gave the avg social security benefit to poor kids in the US?
Ans: We’d essentially eradicate child poverty in this country.
We can & should do more for our most vulnerable kids, in this pandemic & beyond.
My essay on this:
Is anyone ever going to be made to apologize for what was done to US kids during the pandemic??
to admit that closing schools for so long was too large a burden on children?
to own the learning loss & youth mental health crisis?
to promise to do better by kids in the future??
Those math scores.
Brutal.
"The 2022 math score was not only lower than it was in 2012 but it was 'among the lowest ever measured by PISA in mathematics' for the U.S."
Via
@axios
- U.S. students' math scores plunge in global education assessment
For the record, I love that
@UofMaryland
educates thousands of hard working students from less privileged backgrounds every year.
Donors - please take note! If you care about expanding opportunity in America, you should invest in our nation’s large public universities and
The Two-Parent Privilege is
#1
new release in “Sociology of Marriage & Family” 🤩
I wonder what the economists who dismiss this line of research as “too much like sociology” & the sociologists who get annoyed w/ economists for our approach to these Qs would say about that. 🙃