American Enterprise Institute

Money Moves

Employer of co-author Corinth; co-published a non-technical summary

American millennials at ages 36 to 40 earn 20 percent more in real household income than Generation X did at the same age. That finding, published April 24 in the journal Demography, contradicts a decade of writing that argued each new generation was losing ground.

Updated May 31

Money Moves

Institutional home of Mark Perry and the Chart of the Century

For decades, economists have argued over whether life is getting more affordable. A new analysis of Bureau of Labor Statistics data from 2000 to 2025 shows that while the Consumer Price Index rose 92.6%, average hourly wages climbed 131.1%.

Updated May 23

Rule Changes

Critic of SPM methodology and threshold calculations

The Census Bureau announced on September 9, 2025 that poverty fell to 10.6% in 2024—the lowest in years and proof, officials said, that the economy was lifting Americans up. But buried in the same report: a different poverty measure showed 12.9% of Americans struggling, with no improvement at all, same country, same year, two completely different stories about who's hurting.

Updated May 20