Charles Schwab Moving San Francisco HQ to Texas

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Nov. 25, 2019: The brokerage firm Charles Schwab announced today it would acquire TD Ameritrade in a $26 billion deal and as part of the transaction Schwab will move its headquarters to the Dallas-Forth Worth area.  read more »

Midwest Success Stories

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My latest report has just been released by the Manhattan Institute. It’s called, “Midwest Success Stories: These 10 Cities Are Blooming, Not Rusting. read more »

CalEPA Studying Ways to Sunset the California Economy

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California is about to take one giant step toward following Germany’s failed climate goals, which should be a wake-up call for governments everywhere. Yes, you guessed it, our legislatures have authorized CalEPA in the 2019 - 2020 California State budget and Assembly Bill AB 74 to conduct studies and identify strategies to manage the decline of in-state crude oil production and decrease demand and supply of fossil fuel.  read more »

New WPC Study: Expanding Seattle's Transit-Heavy Approach Will Not Improve Region's Quality of Life

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Washington Policy Center asked national transportation expert and urban policy analyst, Wendell Cox, to evaluate transportation planning in the Puget Sound region. Where do people choose to live, where do they choose to work, and how do they choose to travel? Does our regional transportation plan and subsequent spending by public officials reflect reality, or wishful thinking? These were just a few of the questions I had for him.  read more »

America's Drift Toward Feudalism

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America’s emergence in the eighteenth and nineteenth centuries represented a dramatic break from the past. The United States came on the scene with only vestiges of the old European feudal order—mostly in the plantation economy of the Deep South. There was no hereditary nobility, no national church, and, thanks to George Washington’s modesty, no royal authority. At least among whites, there was also far less poverty in America, compared to Europe’s in­tense, intractable, multigenerational poverty.  read more »

Affordability, Housing Shortages and the Coming Population Boom

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Housing affordability and dwelling shortages back to centre stage

The combined issues of housing affordability and dwelling shortages are once again emerging as key issues for the property industry, policy makers and the broader community.

Recent cyclical and relatively short-term movements in the property market – where we’ve moved from boom to moderation to a rebound again – have dominated discussion in recent years.  read more »

Gen Z is Up For Grabs

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The political allegiances of America’s youngest generation, Gen Z, are up for grabs these days. Younger Americans are politically disengaged, rejecting ideological extremism, and want to move beyond commonplace political platitudes.

I learned this important lesson this fall, while teaching at a college and regularly visiting dozens of other colleges and universities around the country.  read more »

Planning for an Unattainable Fantasy

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Austin is one of the fastest-growing cities in America, and the city of Austin and Austin’s transit agency, Capital Metro, have a plan for dealing with all of the traffic that will be generated by that growth: assume that a third of the people who now drive alone to work will switch to transit, bicycling, walking, or telecommuting by 2039. That’s right up there with planning for dinner by assuming that food will magically appear on the table the same way it does in Hogwarts.  read more »

Bloomberg and the Plight of the Oligarchs

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If the tentative entrance of former New York Mayor Michael Bloomberg into the Presidential race materializes, he may discover difficulty of being an oligarch in an increasingly socialist-minded party. Bloomberg, whose fortune is estimated at $50 billion, many times Trump’s estimated $3 billion, much less Tom Steyer’s comparatively meager $1.6 billion, epitomizes the very capitalist class so detested by party activists.  read more »

Message to California’s Newsom – Blame Fires on Uncleared Fuel, Not the Utility Company

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California fires continue to rage, yet no one wants to take responsibility for the unlimited “fuel” for the fires. Rather than addressing ways to reduce the amount of “fuel” awaiting the next spark, homeless campfire, or lightning strike, California Governor Newsom’s solution to prevent devastating wildfires is more litigation and reorganization of a utility company.  read more »