Economics

Center on Wealth & Poverty

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Tents set up outdoors on a city street

Homelessness in America Increases to Highest Number on Record

Homelessness reached the highest number on record nationwide in 2024 according to a report the Department of Housing and Urban Development (HUD) released on December 27 in a likely attempt to avoid public attention. Dr. Robert Marbut, Discovery Institute Senior Fellow and former Federal Homelessness Czar, says, “HUD spent over 3.16 billion on homelessness in 2024 and continues to attribute rising homelessness to unavailable housing and systemic racism, while ignoring the fentanyl epidemic and untreated mental illness.” Read More ›
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A man is rowing a boat in the ocean

Boats Against the Current

After writing weekly columns about homelessness for two-and-a-half years, I'm ready to put what I've learned into book form. It will be my 30th book and maybe my last, although (as chapter 12 of Ecclesiastes states) "of making many books there is no end." But since I have written a lot, I'll paraphrase the opening of the Declaration of Independence: "a decent respect to the opinions of mankind requires" that I declare the reason for writing a book on homelessness when a bunch already exist. Read More ›
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Top down view at group of volunteers giving out simple meals to people in need at soup kitchen

Sentimentality vs. Compassion

I almost let 2024 slip away without a column about the 30th anniversary of The Homeless, an important book by scholar Christopher Jencks published in 1994. It included these sentences: "The homeless are indeed just like you and me in most respects. . . . But important as such similarities are, our differences are also important. To ignore them when we talk about the homeless is to substitute sentimentality for compassion." Read More ›
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Homeless people sleeping in sleeping bag and cardboard in a street, concept of financial crisis, unemployment, lose job, vulnerable groups.

In the Life of a Homeless Man

With Christmas coming, I'm taking a timeout from my usual columnizing to send greetings to Tony, a homeless man in Colorado. He is 67 years old and may be sleeping in a North Face sleeping bag within an abandoned 144-square-foot wooden structure adjacent to a cemetery. (His summer bed has been a picnic bench about a third of a mile from a Safeway/Starbucks.) Read More ›
Housing Featured Images

As Region Faces Shortage, Seattle Needs to Preserve its Existing Housing 

According to a 2024 report on housing production from Up For Growth, the metro area encompassing Seattle, Tacoma, and Bellevue is facing a shortage of 71,060 homes. That amounts to 4.2% of the region’s total housing stock. While the production of new homes is vital to closing the gap between supply and demand, so is the preservation of existing housing, especially affordable housing. Read More ›
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Poor homeless or refugee barefoot man sleeps on the street in the shadow of the building

Eighty Years of Homelessness Realism, 1914-1994

I've written in recent weeks about the non-sentimental view of homelessness that was common in the late nineteenth century. For much of the twentieth century, that realism carried over into academic work as well. Read More ›
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Time is money

Time Equality is Rapidly Increasing

Jordan Peterson’s Rule No. 4 says you should “Compare yourself to who you were yesterday, not to who someone else is today.” Since we each get exactly 24 hours in a day and no one can buy time (otherwise rich people would never die), isn’t it better to compare differences in how we spend our time? Read More ›