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Scott Winship & Jeremy Horpedahl /

The Bad Math Behind Economic Doomerism

It’s not getting harder for families to purchase basic necessities.
Friendly Neighbors in Huntington Terrace
Miguella Marcarew and John Fluharty hold their daughter, Zana Fluharty, outside of their home in the Huntington Terrace neighborhood on September 24, 2022, in Bethesda, Maryland. (Photo by Maansi Srivastava/Washington Post/Getty Images)

It’s a big week for American Compass, a think tank founded in 2020 that fancies itself as the “pre-eminent alternative to the Old Right’s market fundamentalism.” On the heels of its new policy book, Rebuilding American Capitalism, it hosts an event on Capitol Hill today with multiple Republican senators.

Scott Winship is a senior fellow and the director of the Center on Opportunity and Social Mobility at the American Enterprise Institute.

Jeremy Horpedahl is an associate professor of economics at the University of Central Arkansas.

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