Miles Corak
banner
milescorak.com
Miles Corak
@milescorak.com


Professor of economics
The Graduate Center,
City University of New York

Senior Scholar
The Stone Center on
Socio-Economic Inequality

#socialmobility #childrights #inequality #jobs #poverty #socialpolicy #cdnecon #EconSky

https://milescorak.com/ .. more

Political science 28%
Economics 24%
Pinned
If you are interested in #inequality, how it shapes economic opportunities, and the implications for both public policy and economic research, then listen to this engaging conversation I had with Steven Durlauf, director of @ucstonecenter.bsky.social

podcasts.apple.com/ca/podcast/t...

#econsky
Miles Corak on the Great Gatsby Curve and Cross-Country Comparisons of Inequality and Mobility
Podcast Episode · The Inequality Podcast · 2024-10-07 · 50m
podcasts.apple.com

Reposted by Miles Corak

In @nytopinion.nytimes.com

"Economic data never tells a perfectly clear story, but lately the contradictions have been especially jarring," Jason Furman writes in a guest essay.
Opinion | 3 Theories for Why G.D.P. Is Up but Job Growth Is Slowing
There are some possible explanations for what’s happening with seemingly conflicting macroeconomic data.
nyti.ms

Reposted by Miles Corak

U.S. employers added 64k jobs in November but the unemployment rate rose to 4.6 percent.
Payroll employment fell by 105k in October, mostly as a result of the federal government's deferred-resignation program.
Data: www.bls.gov/news.release...
Live coverage: www.nytimes.com/live/2025/12...
Employment Situation Summary - 2025 M11 Results
www.bls.gov

Reposted by Miles Corak

RSF grantee/author Harry Holzer cited in NY Times on how Trump calling the affordability issue a “hoax” may backfire on him.
www.nytimes.com/2025/12/09/o...
Opinion | Why the ‘Affordability Hoax’ Is a Trap for Trump
www.nytimes.com

Reposted by Miles Corak

Reposted by Miles Corak

On the @stlouisfed.bsky.social Teach Economics Podcast with @scwolla.bsky.social, co-director @davidautor.bsky.social discusses his personal career trajectory in economics, his research on AI and expertise, and his advice for students and educators.

www.stlouisfed.org/education/te...
David Autor: The Human Side of AI
MIT economist David Autor joins the St. Louis Fed’s Scott Wolla to explore how AI is reshaping the labor market and technology as a collaborator in the classroom.
www.stlouisfed.org

Reposted by Miles Corak

"The point is really to have more democratic control over the digital infrastructure. Part of what helps our control over that is not to have one corporate entity with total market power."

@clementnocos.bsky.social in today's @thestar.com: www.thestar.com/business/mic...
Congratulations to alumnus Aman Desai, who recovered from a setback to land a tenure-track position in economics and data science at Quinnipiac University! www.gc.cuny.edu/news/tough-j... @stone-lis.bsky.social
From a Tough Job Market to the Tenure Track at Quinnipiac University
Economics alumnus Aman Desai recovered from a setback to land a role that allows him to teach and pursue his research on how childhood inequality affects both individuals and society.
www.gc.cuny.edu
Today, we are publishing our World Inequality Report, which reviews the most recent #inequalitydata and exposes the magnitude of #inequality across time, space and all its dimensions.

👇Share this thread, share the report!
www.youtube.com/watch?v=R67u...
World Inequality Report 2026
YouTube video by World Inequality Lab
www.youtube.com

Reposted by Miles Corak

“The fragility of the post-cold-war system has been revealed,” writes Mark Carney in a guest essay. “To re-establish resilience, a new web of ad hoc co-operation is beginning to emerge”
The world is in a new age of variable geometry, says Mark Carney
Canada’s prime minister argues that countries that build new networks and pragmatic alliances will be best placed to thrive in this new age
econ.st

Reposted by Miles Corak

I was disappointed with several elements of The @economist.com recent articles on minimum wages. To their credit, they've published my response.

Here are some links to the research I reference and to some other research which had to be cut from the published letter

1/N

Reposted by Miles Corak

Proposals for the 10th NYC Open Data Week & NYC School of Data in March 2026 are accepted through 12/15/25. This is an excellent example of public scholarship & civic data literacy. @thegraduatecenter.bsky.social @cunygcdi.bsky.social @cunygcps2.bsky.social @cunypitlab.bsky.social

opendataweek.nyc

This is a helpful discussion of AI for #TeachEcon

“An A.I.-resistant English course has three main elements: pen-and-paper and oral testing; teaching the process of writing rather than just assigning papers; and greater emphasis on what happens in the classroom.”

www.nytimes.com/2025/11/25/m...
I’m a Professor. A.I. Has Changed My Classroom, but Not for the Worse.
www.nytimes.com

Reposted by Miles Corak

The Artificial Intelligence gold rush could leave a lot of bad stuff in its wake. Just look at what happened after the last bubble burst. My latest on "Being There" 👇 eduardoelreportero.substack.com/p/the-unimag...
The Unimaginable Cost of a Bursting Bubble
The last one arguably led to the presidency of Donald Trump
eduardoelreportero.substack.com
Here it is, folks: The World of Higher Education - Year in Review 2025.

Everything you need to know about where the sector is going across the globe right now in one convenient package.

There will be a quiz.
The World of Higher Education – Year in Review 2025 | HESA
Morning all. Today, HESA is releasing The World of Higher Education – Year in Review 2025, the first in our to-be-annual series chronicling how the world’s higher education systems have fared over the...
higheredstrategy.com
Hard disagree. The official BLS jobs numbers are still the most reliable data we have, and it's not close. And there's no way the Administration has (yet) fiddled with its data. I promise to let you know at the first whiff of interference.
The only reliable data we are going to get on this stuff now comes from the private sector. bsky.app/profile/atru...
🚨 CNBC on latest jobs numbers: "A big miss on ADP payrolls. The private payroll company saying private payrolls shed 32,000 workers in Nov. That's the 4th negative number in past 6 months. The estimate was for +40,000, so the street was off ... this may be coming from being hammered by the tariffs"

Reposted by Miles Corak

Or here's a crazy thought. Maybe instead of relying on philanthropy we could collect taxes from rich people.

www.wsj.com/us-news/mich...
Michael and Susan Dell Donate $6.25 Billion to ‘Trump Accounts’ for Children
The donation will seed tax-deferred investment accounts for roughly 25 million American children.
www.wsj.com

Reposted by Miles Corak

Entirely remote work means less training and opportunity for advancement, especially for younger workers, new research suggests. Here's what economists say.
Young Workers Learn to Embrace the Office
Remote work means less training and opportunity for advancement, especially for younger workers, research suggests. Some are getting the message.
nyti.ms

Reposted by Miles Corak

Sandy produced a deadly storm surge, and in 2021, the remnants of Hurricane Ida introduced the damage of extreme rainfall. The next hurricane could bring both to New York City. A model of the damage such a storm could cause put 25% of the city underwater.
See Which New York City Neighborhoods Could Get Hit By the Next Hurricane (Gift Article)
Heavy rain would make a hurricane catastrophic. See the neighborhoods that could face the worst flooding.
www.nytimes.com

Reposted by Miles Corak

If you are in Cambridge, MA on December 10, join us at a panel on Rebuilding State Capacity with Don Moynihan, Jen Pahlka, and Elizabeth Linos www.hks.harvard.edu/events/rebui...
Rebuilding State Capacity for Inclusive Economic Transformation
Join us for the fourth "Economics in Beyond" event, featuring experts Don Moynihan and Jennifer Pahlka in conversation with Elizabeth Linos. This year’s focus: how state capacity can help build an economy that works for everyone.
www.hks.harvard.edu
New issue of my newsletter: "The Writing Is on the Wall for Handwriting Recognition" — One of the hardest problems in digital humanities has finally been solved, and it's a good use of AI newsletter.dancohen.org/archive/the-...
The Writing Is on the Wall for Handwriting Recognition
One of the hardest problems in digital humanities has finally been solved
newsletter.dancohen.org
I joined @utopiaspodcast.bsky.social for a conversation on Ramesh's podcast Utopias with Dr. Ramesh Srinivasan. We discussed the power of Big Tech, the dangers and opportunities of AI, and much more. Listen to our full conversation here: www.buzzsprout.com/2272465/epis....
25. Daron Acemoglu - Utopias with Dr. Ramesh Srinivasan
Daron Acemoglu is an acclaimed economist, author, and professor at MIT. In 2024, he received the Nobel Prize in Economics and the Sveriges Riksbank Prize in Economic Sciences. His research focuses on ...
www.buzzsprout.com
🚨We analyzed 138 million geocoded property tax records to quantify how municipal boundaries spatially overlap onto economic segregation in every US metro area—creating disparities in localities’ ability to fund public goods. And we made an interactive map of our results! [1/16]

“I kind of yearn,” Mr. Nassirian said, “for the gilded age when billionaires satisfied their extracurricular interests by collecting Fabergé eggs and prized ponies.”

www.nytimes.com/2025/11/24/u...
Wealthy People Have Always Shaped Universities. This Time Is Different.
www.nytimes.com

Reposted by Miles Corak

The minimum wage is a crude and wasteful tool for redistribution. After a decade of aggressive increases, the responsible option is not to go higher still. We explain why econ.st/4iiQULn

Illustration:

Reposted by Miles Corak

“We are the jolly boxes.” Richard Thaler discusses behavioural economics in undergraduate education. Listen to this week’s episode of “Money Talks”
Nudge, nudge: an interview with Richard Thaler
Our podcast on markets, the economy and business. This week, we hear from the Nobel-winning behavioural economist
econ.st
3 factors at play: (1) legacy admissions, (2) non-academic credentials, (3) athletes

Start from the top, get rid of legacy preferences gwagner.com/legacy

@oppinsights.bsky.social

Reposted by Miles Corak

The U.S. is the world's most dynamic economy, right? Innovative and productive, it defines the technological frontier. So how come it has so many poor people? My latest in The Guardian www.theguardian.com/us-news/2025...
China has brought millions out of poverty. The US has not – by choice
Despite the US’s economic success, income inequality remains breathtaking. But this is no glitch – it’s the system
www.theguardian.com