Now and again Australia erupts in controversy about housing affordability. Each time it follows the same course. Some new statistic or media story confirms that prices are out of control. A senior politician is prompted to call for deregulation and more supply, and is backed-up by the property industry. Then come progressive policy wonks saying no, the issue is high investor demand stimulated by tax concessions. Next emerge the welfare lobby, calling for tax reform as well as more social housing and “inclusionary zoning”. read more »
This is the first in an occasional series of articles that will look at some of the campaign promises made by Donald Trump in his run-up to November 8, 2016. I will be taking a “by the numbers” look at ideas ranging from immigration and border security to trade and infrastructure. I will not be taking a position on whether these are good ideas or bad ideas – this is not a normative analysis. Instead, I will be outlining the feasibility and the economic consequences of several potential policies. read more »
The rise, and then the improbable election, of Donald Trump have reawakened progressive fears of a mounting authoritarian tide. With his hyperbole and jutting chin, he strikes some progressives as a new Benito Mussolini who will threaten free speech and other basic human rights. read more »
Jane Jacobs talked about the “sidewalk ballet” of her neighborhood and the importance of eyes on the street. But her conception of that, one where shopkeepers policed the sidewalks in front of their stores and kept an eye out for neighborhood kids, is far away from what we have today.
From its inception, the American experiment has been dogged by racial issues. Sadly, this was even truer this year. Eight years after electing the first African-American president, not only are race relations getting worse, according to surveys, but the electorate remains as ethnically divided as in any time of recent history. read more »
Contrary to the media notion that Donald Trump's surprising electoral victory represented merely the actions of unwashed “deplorables," his winning margin was the outcome of rational thinking in those parts of the country whose economies revolve around the production of tangible goods.
And their economies stand to gather more steam in the years ahead. read more »
The ever worsening polarization of American politics—demonstrated and accentuated by the Trump victory—is now an undeniable fact of our daily life. Yet rather than allowing the guilty national parties to continue indulging political brinkmanship, we should embrace a strong, constitutional solution to accommodating our growing divide: a return to local control. read more »
The future of American cities can be summed up in five letters: Texas. The metropolitan areas of the Lone Star state are developing rapidly. These cities are offering residents a broad array of choices — from high density communities to those where the population is spread out — and a wealth of opportunities. read more »
The Democratic Party’s current festival of re-examination is both necessary and justified. They have just lost to the most unpopular presidential candidate in recent memory. Lockstep media support and a much larger war chest were not enough to save them from losing not only the presidency, but also in state races across the country. read more »
Almost everyone agrees that we just finished the most painful election season in anyone’s living memory, an agony made worse by the fact that it was nearly two years long. Fortunately, we aren’t doomed to repeat it, as we know many other countries have shorter and more civil election campaigns. Three changes to our method of electing presidents could reduce costs, save time, and make the process less divisive and more welcoming to voters. read more »