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/
Pinned
Miles Corak
@milescorak.com
· Nov 9
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
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
podcasts.apple.com/ca/podcast/t...
#econsky
Reposted by Miles Corak
Billionaire wealth keeps climbing, but the gains don't seem to reach everyone else. Steven Durlauf (@durlauf.bsky.social) tells @marketplace.org that tax cuts for the wealthy don’t boost growth the way trickle-down theory promises.
Tax cuts for the wealthy are, in theory, supposed to stimulate economic growth. So why don’t those benefits trickle down?
Why doesn’t trickle-down economics work in practice?
The very rich have 1,000 times more wealth than the poorest households, according to a new report. That wealth is not improving the livelihoods of other people in the economy.
www.marketplace.org
November 17, 2025 at 5:11 PM
Billionaire wealth keeps climbing, but the gains don't seem to reach everyone else. Steven Durlauf (@durlauf.bsky.social) tells @marketplace.org that tax cuts for the wealthy don’t boost growth the way trickle-down theory promises.
Reposted by Miles Corak
"The illusion of 'Degrowth' in a Poor and Unequal World," an essay from @brankomilan.bsky.social's 2025 collection, "The World Under Capitalism," explains why degrowth isn't a viable way to reduce emissions. Read the excerpt on the Stone Center site.
stonecenter.gc.cuny.edu/the-illusion...
stonecenter.gc.cuny.edu/the-illusion...
The Illusion of “Degrowth” in a Poor and Unequal World - Stone Center on Socio-Economic Inequality
An excerpt from Branko Milanovic's latest book, The World Under Capitalism: Observations on Economics Politics, History, and Culture, a 2025 collection of his essays from the last decade.
stonecenter.gc.cuny.edu
November 17, 2025 at 5:03 PM
"The illusion of 'Degrowth' in a Poor and Unequal World," an essay from @brankomilan.bsky.social's 2025 collection, "The World Under Capitalism," explains why degrowth isn't a viable way to reduce emissions. Read the excerpt on the Stone Center site.
stonecenter.gc.cuny.edu/the-illusion...
stonecenter.gc.cuny.edu/the-illusion...
Reposted by Miles Corak
This may be the best thing ive read yet on AI in higher ed, and its written by a Yale undergrad. Highly recommend.
Inside Yale’s Quiet Reckoning with AI | The New Journal
Amid ChatGPT's rising popularity and a computer science cheating scandal, Yale students, professors, and administrators wrestle privately with the proper role of AI in education. What happens when eve...
thenewjournalatyale.com
November 16, 2025 at 5:56 PM
This may be the best thing ive read yet on AI in higher ed, and its written by a Yale undergrad. Highly recommend.
Reposted by Miles Corak
The administrative state in Canada prosecutes the poor and says getting taxes from wealthy people is too complicated.
www.canadianaffairs.news/2025/11/12/o...
www.canadianaffairs.news/2025/11/12/o...
Op-Ed: Ottawa's costly pursuit of the poor
The government cites inefficiency as a reason to end taxes on vacant homes and yachts — yet keeps pouring money into futile litigation over pandemic-era benefits
www.canadianaffairs.news
November 14, 2025 at 11:25 PM
The administrative state in Canada prosecutes the poor and says getting taxes from wealthy people is too complicated.
www.canadianaffairs.news/2025/11/12/o...
www.canadianaffairs.news/2025/11/12/o...
Reposted by Miles Corak
I know that the job market is rough this year for Econ PhDs. @utoronto.ca has expanded its postdoc funding. If you are on the market and work on school finance or early childhood education and are interested in a PostDoc, let me know! #econsky #educsky postdoc.sgs.utoronto.ca/current-post...
Postdoctoral Talent Initiative – School of Graduate Studies Postdoctoral Fellows
postdoc.sgs.utoronto.ca
November 13, 2025 at 11:53 PM
I know that the job market is rough this year for Econ PhDs. @utoronto.ca has expanded its postdoc funding. If you are on the market and work on school finance or early childhood education and are interested in a PostDoc, let me know! #econsky #educsky postdoc.sgs.utoronto.ca/current-post...
Reposted by Miles Corak
Clinical trials are generally considered the gold standard in medical research and are used to evaluate the effectiveness of new drugs and interventions. Our health reporter explains why the trials are important and how they can help inform the public.
What Are Clinical Trials, and How Do They Work?
A New York Times health reporter explains what clinical trials are, why they are important and how they can help inform us.
nyti.ms
November 13, 2025 at 8:15 PM
Clinical trials are generally considered the gold standard in medical research and are used to evaluate the effectiveness of new drugs and interventions. Our health reporter explains why the trials are important and how they can help inform the public.
Reposted by Miles Corak
Canadians are keeping up their efforts to boycott travel to the U.S.
The ongoing decline in air and car travel is part of a broader shift in Canadians’ attitudes toward the U.S. amid tensions over President Trump’s tariffs and the rhetoric that many Canadians feel is condescending.
The ongoing decline in air and car travel is part of a broader shift in Canadians’ attitudes toward the U.S. amid tensions over President Trump’s tariffs and the rhetoric that many Canadians feel is condescending.
Canadian Travel to the United States Falls for 10th Consecutive Month
The drop has been reflected in air and car travel, according to Canadian statistics. Tensions over tariffs placed by the Trump administration spurred calls for Canadians to spend their money at home.
nyti.ms
November 13, 2025 at 10:55 AM
Canadians are keeping up their efforts to boycott travel to the U.S.
The ongoing decline in air and car travel is part of a broader shift in Canadians’ attitudes toward the U.S. amid tensions over President Trump’s tariffs and the rhetoric that many Canadians feel is condescending.
The ongoing decline in air and car travel is part of a broader shift in Canadians’ attitudes toward the U.S. amid tensions over President Trump’s tariffs and the rhetoric that many Canadians feel is condescending.
Reposted by Miles Corak
A new book by the Nobel-winning pioneer of behavioral economics offers some advice we can all use. n.pr/4oCpO4q
How to avoid 'The Winner's Curse'
A new book by the Nobel-winning pioneer of behavioral economics offers some advice we can all use.
n.pr
November 13, 2025 at 11:14 AM
A new book by the Nobel-winning pioneer of behavioral economics offers some advice we can all use. n.pr/4oCpO4q
Reposted by Miles Corak
Taking notes is a fundamental skill for writers in any discipline @thegraduatecenter.bsky.social and we've got a workshop that can help you do that more effectively. Scan the QR code below to register or visit our website: gcwritingcenter.commons.gc.cuny.edu/online-progr...
November 12, 2025 at 12:59 PM
Taking notes is a fundamental skill for writers in any discipline @thegraduatecenter.bsky.social and we've got a workshop that can help you do that more effectively. Scan the QR code below to register or visit our website: gcwritingcenter.commons.gc.cuny.edu/online-progr...
Reposted by Miles Corak
We’re recruiting a Postdoctoral Researcher to join a new Oxford Martin programme led by renowned innovation scholars: Prof @maxroser.bsky.social, Prof @doynefarmer.bsky.social & Dr @francoislafond.bsky.social.
Help shape global insights into how technologies evolve.
Link in thread ⬇️
Help shape global insights into how technologies evolve.
Link in thread ⬇️
November 12, 2025 at 1:03 PM
We’re recruiting a Postdoctoral Researcher to join a new Oxford Martin programme led by renowned innovation scholars: Prof @maxroser.bsky.social, Prof @doynefarmer.bsky.social & Dr @francoislafond.bsky.social.
Help shape global insights into how technologies evolve.
Link in thread ⬇️
Help shape global insights into how technologies evolve.
Link in thread ⬇️
Reposted by Miles Corak
New post: Labour’s Brexit stance is as untenable as their tax pledge
mainlymacro.blogspot.com/2025/11/labo...
As public perception and econometric estimates of the damage caused by Brexit rise, Labour's refusal to discuss rejoining the EU's customs union or single market means more self harm.
mainlymacro.blogspot.com/2025/11/labo...
As public perception and econometric estimates of the damage caused by Brexit rise, Labour's refusal to discuss rejoining the EU's customs union or single market means more self harm.
Labour’s Brexit stance is as untenable as their tax pledge
In my last post about the prospect of Labour breaking its tax pledge, I did something I don’t often do, which is indulge in some ‘I told y...
mainlymacro.blogspot.com
November 11, 2025 at 9:07 AM
New post: Labour’s Brexit stance is as untenable as their tax pledge
mainlymacro.blogspot.com/2025/11/labo...
As public perception and econometric estimates of the damage caused by Brexit rise, Labour's refusal to discuss rejoining the EU's customs union or single market means more self harm.
mainlymacro.blogspot.com/2025/11/labo...
As public perception and econometric estimates of the damage caused by Brexit rise, Labour's refusal to discuss rejoining the EU's customs union or single market means more self harm.
Reposted by Miles Corak
When prices rise because *demand* is hot, wages usually follow. When prices rise because tariffs raise costs -- a *supply* shock -- there’s no reason paychecks catch up. That’s why tariff inflation hurts a whole heckuva lot more. It's a permanent reduction in living standards.
November 9, 2025 at 5:46 PM
When prices rise because *demand* is hot, wages usually follow. When prices rise because tariffs raise costs -- a *supply* shock -- there’s no reason paychecks catch up. That’s why tariff inflation hurts a whole heckuva lot more. It's a permanent reduction in living standards.
A Quebec Writer Confronts His ‘Little Darkness’ as a Class Defector
www.nytimes.com
November 9, 2025 at 1:12 PM
“I did have moments of nostalgia for Buddy’s aftershave and clean white short-sleeved cotton T-shirts with the cigarette packs tucked into the sleeves. But time moves on, whether you want it to or not.”
www.wsj.com/arts-culture...
www.wsj.com/arts-culture...
Margaret Atwood on the Lessons She Learned as a Young Girl
In her new memoir, “Book of Lives,” the author recalls the mean girls, “magic person” and high school boyfriend who helped inspire her novels and short stories.
www.wsj.com
November 9, 2025 at 1:13 AM
“I did have moments of nostalgia for Buddy’s aftershave and clean white short-sleeved cotton T-shirts with the cigarette packs tucked into the sleeves. But time moves on, whether you want it to or not.”
www.wsj.com/arts-culture...
www.wsj.com/arts-culture...
Reposted by Miles Corak
It’s truly a loss today. First time since 1948, the government didn’t collect information on unemployment. www.youtube.com/watch?v=6isk...
Government Shutdown Delays US Jobs Data for Second Month
YouTube video by Bloomberg Podcasts
www.youtube.com
November 7, 2025 at 6:31 PM
It’s truly a loss today. First time since 1948, the government didn’t collect information on unemployment. www.youtube.com/watch?v=6isk...
The entire thread and the article linked to are we’ll worth the read.
Affordability, Inflation, & the Misinformation Machine: How Prosperity Lost the Plot
Thanks to Bidenomics, full employment returned fast after the plague depression; but voters heard “affordability crisis” amid broken information channels. Housing’s post-GFC scar, health/childcare costs... 1/
Thanks to Bidenomics, full employment returned fast after the plague depression; but voters heard “affordability crisis” amid broken information channels. Housing’s post-GFC scar, health/childcare costs... 1/
November 7, 2025 at 8:03 PM
The entire thread and the article linked to are we’ll worth the read.
Reposted by Miles Corak
It's not that AI isn't coming for your job at some point. But the big shift toward automation of white-collar work is probably going to play out at small companies that grow into big ones, rather than at big established companies. www.nytimes.com/2025/11/07/b...
Mass Layoffs Are Scary, but Probably Not a Sign of the A.I. Apocalypse
www.nytimes.com
November 7, 2025 at 3:44 PM
It's not that AI isn't coming for your job at some point. But the big shift toward automation of white-collar work is probably going to play out at small companies that grow into big ones, rather than at big established companies. www.nytimes.com/2025/11/07/b...
Reposted by Miles Corak
Welfare agencies increasingly rely on targeting to ensure that limited resources reach those deemed most in need. A new WP by @pietrovaletto.bsky.social and @ivemarx.bsky.social shows how asset testing in the EU and US often undermines their stated goal of poverty reduction.
bit.ly/47M6L0c
bit.ly/47M6L0c
November 7, 2025 at 5:33 PM
Welfare agencies increasingly rely on targeting to ensure that limited resources reach those deemed most in need. A new WP by @pietrovaletto.bsky.social and @ivemarx.bsky.social shows how asset testing in the EU and US often undermines their stated goal of poverty reduction.
bit.ly/47M6L0c
bit.ly/47M6L0c
Reposted by Miles Corak
Bidenomics: Truly Transitory Inflation, Remarkably Successful on Employment & Growth—But Unable to Break Through the Media Misinformation Machine
My attempt to set forth a balance sheet: Bidenomics was an extraordinary success. The economy healed fast; the…
braddelong.substack.com/p/bidenomics...
My attempt to set forth a balance sheet: Bidenomics was an extraordinary success. The economy healed fast; the…
braddelong.substack.com/p/bidenomics...
Bidenomics: Truly Transitory Inflation, Remarkably Successful on Employment & Growth—But Unable to Break Through the Media Misinformation Machine
My attempt to set forth a balance sheet: Bidenomics was an extraordinary success. The economy healed fast; the story never did. A brief moderate transitory inflation. A long and strong jobs and...
braddelong.substack.com
November 6, 2025 at 7:31 PM
Bidenomics: Truly Transitory Inflation, Remarkably Successful on Employment & Growth—But Unable to Break Through the Media Misinformation Machine
My attempt to set forth a balance sheet: Bidenomics was an extraordinary success. The economy healed fast; the…
braddelong.substack.com/p/bidenomics...
My attempt to set forth a balance sheet: Bidenomics was an extraordinary success. The economy healed fast; the…
braddelong.substack.com/p/bidenomics...
Reposted by Miles Corak
Twenty-nine sailors drowned when the Edmund Fitzgerald went down in the Great Lakes' icy waters on Nov. 10, 1975. The ship was immortalized in a surprise hit 1976 folk ballad by Gordon Lightfoot. n.pr/3JKj19D
50 years ago, the Edmund Fitzgerald, a 'rock star' ship, sank in Lake Superior
Twenty-nine sailors drowned when the Edmund Fitzgerald went down in the Great Lakes' icy waters on Nov. 10, 1975. The ship was immortalized in a surprise hit 1976 folk ballad by Gordon Lightfoot.
n.pr
November 6, 2025 at 7:43 PM
Twenty-nine sailors drowned when the Edmund Fitzgerald went down in the Great Lakes' icy waters on Nov. 10, 1975. The ship was immortalized in a surprise hit 1976 folk ballad by Gordon Lightfoot. n.pr/3JKj19D
Reposted by Miles Corak
Today and biweekly! PDHP @um-psc.bsky.social runs a drop-in Zoom call offering free mentorship to population scientists. Mark your calendar and join us! myumi.ch/zXA1n
November 5, 2025 at 3:48 PM
Today and biweekly! PDHP @um-psc.bsky.social runs a drop-in Zoom call offering free mentorship to population scientists. Mark your calendar and join us! myumi.ch/zXA1n
Reposted by Miles Corak
But the deaths of millions of young children every year remain one of the worst problems in the world and deserve much more attention.
(This Data Insight was written by @maxroser.bsky.social and Edouard Mathieu.)
(This Data Insight was written by @maxroser.bsky.social and Edouard Mathieu.)
November 5, 2025 at 3:16 PM
But the deaths of millions of young children every year remain one of the worst problems in the world and deserve much more attention.
(This Data Insight was written by @maxroser.bsky.social and Edouard Mathieu.)
(This Data Insight was written by @maxroser.bsky.social and Edouard Mathieu.)