Economics

Housing Crisis Solved?

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In the middle of October, something astonishing happened: the Government and the National Party held a joint news conference to announce that they had agreed on the way to make housing more affordable.  read more »

The Shortage Economy: Will We Go Marching?

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Washington pundits generally see the supply-chain hiccups and partially related price inflation as political risks for the Biden White House. Probably that’s so but there’s also opportunity for a left-ward administration.  read more »

Status Quo: Coastal VC Hierarchy is Key to Michigan Startup

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The announcement that Our Next Energy just lined up $25 million in Series A financing had an unfortunate if familiar cast to it when the Michigan-based electric-vehicle technology outfit announced its latest venture funding a few weeks ago.  read more »

Meet me in St. Louis: When One Golden Gate Closes, Another May Open

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Sacramento politicians and the urban growth lobby they so diligently serve have created a narrative that there is something very wrong with living in (or wanting to live in) a single-family neighborhood. Single-family neighborhoods are -- so the narrative goes -- “racist,” “immoral,” and “evil.”  read more »

Dirty Jobs, Essential Workers, and the Infrastructure Bills

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Current negotiations over the second infrastructure bill may remind a lot of people of Mike Rowe’s oddly popular series Dirty Jobs. Which makes sense. Watching a man stumble around inside a sewage tank as he gags loudly and directs us toward closeups of turds, rancid grease balls, and darkly bubbling sewage can clarify a lot about infrastructure negotiations.  read more »

The Cost of Moving Up to Home Ownership

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The long-standing aspiration for home ownership has intensified during the pandemic and with the popularity of remote work. For many, it is no longer necessary to live conveniently close to work, as more and more employees are able to reduce the number of commuting days. This new hybrid model has spurred an increase in demand for housing with more space, both within the house and in the yard.  read more »

Serfing the Planet

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Like its global predecessors, the COP26 Glasgow conference will usher in a new wave of apocalyptic warnings about climate change. It will also likely prove no more successful, in terms of actually addressing the issue, than its predecessors, particularly as China, India and other developing countries ramp up their emissions.  read more »

Elites Are Using Climate Hysteria to Immiserate the Working Class

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Few things in life are as predictable as the rhetoric of climate change summits like this coming week's in Glasgow. Over the next week, you will hear again and again that the planet is dying and that climate change will cause mass dislocations and starvation.  read more »

The Poor Places That Made Our Cities Richer

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My latest column is now online at Governing magazine. It’s a further discussion of Howard Husock’s book The Poor Side of Town: And Why We Need It. For those of you who weren’t able to check out the recording of our AEI book event, this piece discusses some of the key points.

Below is an excerpt from the column:  read more »

Slow Boat from China

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To some in the Biden Administration, the supply chain crisis can be dismissed as a loss of East Asian-made consumer trinkets that, as Vox tells us, we could all be better off without—or as White House spokesperson Jen Psaki suggested, amounts to little more than “the tragedy of the delayed treadmill.” Yet, in reality, a broken supply chain is hardly  read more »