Miles Corak
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milescorak.com
Miles Corak
@milescorak.com
2.3K followers 280 following 230 posts


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

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Political science 28%
Economics 24%
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milescorak.com
Miles Corak @milescorak.com · Nov 9
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

wsj.com
The Wall Street Journal @wsj.com · 2d
The world’s middle powers are boosting cooperation in areas from trade to security in a bid to ensure they don’t become roadkill in the new world order.
Squeezed by U.S. and China, the World’s Middle Powers Are Teaming Up
Nations are increasingly seeking to bypass the bigger players on trade, supply chains and security.
on.wsj.com

Reposted by Miles Corak, Bessma Momani, Larry W. Hunter

robertscotthorton.bsky.social
Scott Horton @robertscotthorton.bsky.social · 3d
As Rupert Murdoch TV hammers away telling its viewers that Canadians are their enemies, Republican views of Canada shift on cue. At this point, Murdoch's propaganda machine can make its viewership believe absolutely anything, no matter how absurd.

milescorak.com
Miles Corak @milescorak.com · 3d
"... the belief that great ideas are entirely new. In practice, he argues, many innovations grow out of existing ones, often by borrowing or transplanting concepts from one field to another."

www.wsj.com/arts-culture...
‘How Great Ideas Happen’ Review: Building a Brainstorm
The romantic idea of an insight that suddenly dawns is misleading. Most breakthroughs come slowly.
www.wsj.com

milescorak.com
Miles Corak @milescorak.com · 3d
“The West is feeling its betrayal turn into rage. The world is waking up to both its vulnerability and its value. But better late than never: We’re all Canadian now.”

www.nytimes.com/2026/02/06/o...
Opinion | The Globalization of Canadian Rage
www.nytimes.com

milescorak.com
Miles Corak @milescorak.com · 5d
www.nytimes.com/2026/02/04/o...
Opinion | What if Labor Becomes Unnecessary?
www.nytimes.com

Reposted by Miles Corak

eduardoelreportero.bsky.social
Eduardo Porter @eduardoelreportero.bsky.social · 7d
Why did so many young people vote for Donald Trump in 2024? One hears this was about angry young men turning against an increasingly woke Democratic Party. Something deeper is going on: the young are unhappy, and they have largely lost trust in other people. open.substack.com/pub/eduardoe...
What’s going on with the young?
The unhappiness of the young is turning generational conflict on its head,
open.substack.com

Reposted by Miles Corak

davidakin.bsky.social
davidakin @davidakin.bsky.social · 8d
New paper in the American Economic Journal: "Among patients already admitted to the hospital when a ransomware attack begins, in-hospital mortality increases by 34–38 percent." www.aeaweb.org/articles?id=...
Hacked to Pieces? The Effects of Ransomware Attacks on Hospitals and Patients
(February 2026) - As cybercriminals increasingly target health care, hospitals face the growing threat of ransomware attacks. Ransomware is a type of malicious software that prevents users from access...
www.aeaweb.org

Reposted by Dani Rodrik, Miles Corak

econfip.bsky.social
Economics for Inclusive Prosperity @econfip.bsky.social · 11d
Episode 2 of the Economics for Inclusive Prosperity podcast with Princeton University economist Atif Mian is live! Mian says record inequality is pushing US and world economies dangerously out of balance. "Distribution really matters," he says. Listen now! podcasts.apple.com/us/podcast/e...
Distribution matters: Why record inequality is a big macroeconomic problem
Podcast Episode · Economics for Inclusive Prosperity · 01/28/2026 · 48m
podcasts.apple.com

Reposted by Dave O’Brien, Matthias Doepke, Benjamin Braun , and 10 more

annastansbury.bsky.social
Anna Stansbury @annastansbury.bsky.social · 13d
📢now forthcoming in ECMA!

The Class Gap in Career Progression: Evidence from US Academia

Class is rarely a focus of research or DEI in elite US occupations.

Evidence suggests it should be: we find a large class gap in at least one occupation - tenure-track academia...🧵

milescorak.com
Miles Corak @milescorak.com · 14d
Listen to @justinwolfers.bsky.social make a terribly articulate and acute assessment of what economic thinking has to say about the detrimental consequences of current US public policy.

It is not about the likelihood of a recession in the near term, but the longer term impact on prosperity.
justinwolfers.bsky.social Justin Wolfers @justinwolfers.bsky.social · 15d
Let me try to articulate what I think the central economic issue of the current moment really is.
acyn.bsky.social Acyn @acyn.bsky.social · 15d
Wolfers: This is the most interventionist government of my lifetime. It’s the least conservative government of my lifetime. When you are the richest country in the world, maybe you are not the ones who should be tearing down your existing institutions. But that’s exactly what this president is doing

Reposted by Miles Corak

rooseveltinstitute.org
Roosevelt Institute @rooseveltinstitute.org · 14d
Last week marked 16 years since the Citizens United decision.

The consequences for our politics have been disastrous.

Billionaire spending has skyrocketed—and it’s no coincidence that economic policies ever since have overwhelmingly favored entrenched wealth over the working class.
Bar chart showing billionaire spending in U.S. presidential elections before and after the Citizens United ruling in 2010. The data shows a sharp increase from $231 million in 2012 to $2.6 billion for 2024.

Reposted by David Feldman, Miles Corak

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 15d
Let me try to articulate what I think the central economic issue of the current moment really is.
acyn.bsky.social Acyn @acyn.bsky.social · 15d
Wolfers: This is the most interventionist government of my lifetime. It’s the least conservative government of my lifetime. When you are the richest country in the world, maybe you are not the ones who should be tearing down your existing institutions. But that’s exactly what this president is doing

milescorak.com
Miles Corak @milescorak.com · 16d
“So even though I am still betting on the American future, I wouldn’t ask Mark Carney or any other leaders to simply keep the faith. I would just ask them to consider every step away from us in light of the potential destination and the powers waiting there.”

www.nytimes.com/2026/01/24/o...
Opinion | The Binary Logic of the Carney Doctrine
www.nytimes.com

Reposted by Miles Corak, Philipp M. Lersch

mitshapingwork.bsky.social
MIT Stone Center on Inequality and Shaping the Future of Work @mitshapingwork.bsky.social · 17d
📅 Don't miss our symposium exploring Why Wealth Inequality Matters on Tuesday, January 27 from 1-5 PM EST.

Register to join us in person at MIT or watch the livestream: shapingwork.mit.edu/events/why-w...

Reposted by Miles Corak

steverattner.bsky.social
Steve Rattner @steverattner.bsky.social · 17d
America definitely needs to make the wealthy pay their fair share, but California’s wealth tax proposal isn't the best option.

I joined Emmanuel Saez and @crampell.bsky.social for an @nytopinion.nytimes.com roundtable to debate the merits of the plan.
www.nytimes.com/2026/01/23/o...
Opinion | Simple or Simplistic? Three Experts Spar Over a California Billionaire Tax.
www.nytimes.com

Reposted by Miles Corak

steverattner.bsky.social
Steve Rattner @steverattner.bsky.social · 17d
A great chart from @piie.com on how the relationship between hiring and unemployment has changed since the pandemic. Low unemployment no longer means increased hiring — that’s why the economy may feel great for some and terrible for others.

Reposted by Miles Corak

lsereviewofbooks.bsky.social
LSE Review of Books @lsereviewofbooks.bsky.social · 19d
GDP is an outdated way to measure economies says @dianecoyle1859.bsky.social

Read a review of her book The Measure of Progress @princetonupress.bsky.social 👉 blogs.lse.ac.uk/lsereviewofb...

She will speak @lsepublicpolicy.bsky.social tomorrow at 6.30pm – details 👇
www.lse.ac.uk/events/the-m...
GDP is an outdated way to measure modern economies - LSE Review of Books
In The Measure of Progress, Diane Coyle argues that GDP is no longer fit for purpose and proposes a new conception of measurement for today’s digital economy.
blogs.lse.ac.uk

Reposted by Miles Corak

cffn.bsky.social
Caffeine @cffn.bsky.social · 19d
A new world order, eh?
Davos LIVE: Canadian PM Mark Carney speaks at World Economic Forum
YouTube video by Associated Press
www.youtube.com

Reposted by Richard S.J. Tol, David Brady, Mel Bartley , and 15 more

pengzell.bsky.social
Per Engzell @pengzell.bsky.social · 19d
JOB! I'm hiring a postdoc for 2 years on my ERC MaMo project.

Looking for someone with strong quant methods, ongoing work close to the project's aims, and a desire to publish in sociology. Start flexible in the next 12 months.

Formal call out shortly, but contact me first.
Markets and Mobility: How Employers Structure Economic Opportunity Intergenerational mobility, measuring the ability to achieve economic success regardless of family background, is a critical reflection of a society’s commitment to equality of opportunity. Rising income inequality has raised concerns about the potential erosion of upward mobility. While education has traditionally been viewed as the path to mobility, its transformative power is facing challenges in a rapidly evolving job market. This project reorients the focus of intergenerational mobility research by highlighting the labor market as an arena for the reproduction of advantage. It employs a comparative approach, using administrative data from four countries: Sweden, Austria, England, and the United States. It also incorporates evidence from a broader set of nations through cross-national surveys, longitudinal household surveys, labor force surveys, secondary data, and digital trace data. The project employs cutting-edge empirical methods, including quasi- experimental designs, event studies, within-family comparisons, decomposition analyses, counterfactual simulations, and diagnostic checks to rigorously assess the extent of inequalities in the labor market. The research investigates how family background influences the sorting of individuals to employers and workplaces, accounting for education and occupation, and explores variations in career progression within and between employers. It comprehensively catalogues and assesses mechanisms shaping workplace inequality, contributing to the development of social closure theory. Additionally, the project evaluates intervention strategies, encompassing both employer practices and government actions, to promote fair opportunity in the labor market.

milescorak.com
Miles Corak @milescorak.com · 24d
“Dying on the hill of monetary policy independence is probably the right place to go out on.”
nytimes.com The New York Times @nytimes.com · 24d
After becoming the subject of a criminal investigation by the Justice Department, Jerome Powell, the chair of the Federal Reserve, is leveraging his strong support system throughout Washington. trib.al/DiSqxEL
A side-profile of Jerome Powell. A headline reads: “Jerome Powell, An Unlikely Foil, Takes On Trump.” Photo credit: Todd Heisler/The New York Times.

Reposted by Miles Corak

nytimes.com
The New York Times @nytimes.com · 24d
After becoming the subject of a criminal investigation by the Justice Department, Jerome Powell, the chair of the Federal Reserve, is leveraging his strong support system throughout Washington. trib.al/DiSqxEL
A side-profile of Jerome Powell. A headline reads: “Jerome Powell, An Unlikely Foil, Takes On Trump.” Photo credit: Todd Heisler/The New York Times.

Reposted by Steven N. Durlauf, Miles Corak, Paul Nightingale

ucstonecenter.bsky.social
UChicago | Stone Center on Wealth Inequality & Mobility @ucstonecenter.bsky.social · 24d
Building your 2026 reading list? 📚
@durlauf.bsky.social shares five books guaranteed to shape your economic thinking → bit.ly/3Lu5XGl
Steven Durlauf’s 2025 Reading List: Five Books to Shape Your Economic Thinking - Stone Center
As we enter a new year, it’s worth pausing to reflect on the literary contributions shaping how scholars and practitioners understand economic life today. Stone Center Director Steven Durlauf has […]
bit.ly

Reposted by Miles Corak

economist.com
The Economist @economist.com · 26d
Companies have been hit by a wave of chatbot-generated applications
Job applicants are winning the AI arms race against recruiters
Companies have been hit by a wave of chatbot-generated applications
econ.st

Reposted by Miles Corak

wsj.com
The Wall Street Journal @wsj.com · 26d
Restorations at the Museum of Modern Art’s ‘To Save and Project’ and Lincoln Center’s New York Jewish Film Festival offer a staggeringly eclectic selection of films, many of them little known. on.wsj.com/3Zd7VxX
A Month of Remarkable Movies in New York
Restorations at the Museum of Modern Art’s ‘To Save and Project’ and Lincoln Center’s New York Jewish Film Festival offer a staggeringly eclectic selection of films, many of them little known.
on.wsj.com

Reposted by Miles Corak

ourworldindata.org
Our World in Data @ourworldindata.org · 26d
We are a nonprofit, building Our World in Data as a public good that's freely available to everyone.

We just updated the list of people who have supported our work with a donation: ourworldindata.org/funding

We are very grateful to each of you. Thank you so much!
Image with a heart icon and text saying “Thank you for giving to Our World in Data”

Reposted by Miles Corak

imarinescu.bsky.social
Ioana Marinescu @imarinescu.bsky.social · 26d
The impact of AI on the labor market seen through the computational neuroscience lens 👇. Our Brookings paper is now posted on SSRN.
kordinglab.bsky.social Konrad Kording @kordinglab.bsky.social · 28d
Our paper that argues that the physical domain with its slow scaling should eventually dominate the fast scaling intelligence domain is now live on ssrn papers.ssrn.com/sol3/papers....
papers.ssrn.com

Reposted by Miles Corak

nysfocus.bsky.social
New York Focus @nysfocus.bsky.social · 27d
Did you get your ticket yet?

We're hosting three public forums across New York City to examine Mayor Zohran Mamdani's three central policy planks: housing, transportation, and child care.
nysfocus.com/turning-plat...
The Next New York
New York's only statewide newsroom dedicated to holding Albany accountable.
nysfocus.com

Reposted by Miles Corak

nytimes.com
The New York Times @nytimes.com · 28d
In @nytopinion.nytimes.com

“Trump’s attack on the Fed is a breathtaking departure from precedent,” writes Jason Furman, “a dangerous and scary power grab, but it’s already backfiring. If anything, this latest episode has weakened his ability to bend the institution to his will.”
Opinion | Trump’s Attack on the Federal Reserve Is Already Backfiring
And the market is gently shrugging.
nyti.ms

Reposted by Miles Corak, Ioana Marinescu

kordinglab.bsky.social
Konrad Kording @kordinglab.bsky.social · 28d
Our paper that argues that the physical domain with its slow scaling should eventually dominate the fast scaling intelligence domain is now live on ssrn papers.ssrn.com/sol3/papers....
papers.ssrn.com

Reposted by Miles Corak, Sarah Burgard

um-psc.bsky.social
UM Population Studies Center @um-psc.bsky.social · 28d
"The baby boomer generation has a history of making its mark in ways that surprise people, often for the better." PSC's William Frey provides a population overview for @brookings.edu. #Demography
brookings.edu Brookings Institution @brookings.edu · Jan 10
As of Jan 1, the nation’s first baby boomers turned 80 years old. This group—numbering 79 million in its peak year—continues to impact all aspects of America’s social, cultural, and economic life, William H. Frey says.

Read more of Frey's findings: https://brook.gs/4aO4WmN