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October 15, 2024

Lefty NYC Council Add-Ons to Mayor’s ‘City of Yes’ Would Worse Housing Crisis

…boroughs, it would encourage some tried-and true formulas for naturally affordable housing, such as small apartment buildings and housing units atop new storefront blocks.  It would add some new breakthroughs as…

October 15, 2024

Why Should the US Wish to Be More Like China?

In my new paper for the Aspen Economic Strategy Group, I argue: The protectionism, trade wars, and industrial policies of the Trump and Biden administrations have not succeeded at meeting their…

October 11, 2024

It’s time to face up to our social poverty problem

…poverty. Cities across the country are engaged in pilots to provide a guaranteed basic income to residents. At the national level, Democrats and some Republicans in Congress have called for…

October 10, 2024

Harris’s Housing Plan and the Five C’s That Will Derail It

…minimal federal oversight of the LIHTC program, creating opportunities for fraud to flourish nationwide. Cartel: A small group of specialized developers and non-profits have mastered navigating LIHTC’s complexities, profiting handsomely…

October 9, 2024

How to Make Millionaire Teachers

…students lacking access to college-level or STEM coursework would suddenly have access to the best teachers in the nation. Students from families who could not otherwise afford SAT or ACT…

October 9, 2024

Learning the Right Lessons from the “China Shock”

https://twitter.com/MichaelRStrain/status/1844047782505808245 An influential 2013 paper by economists David Autor, David Dorn, and Gordon Hanson finds an average reduction in manufacturing employment of 90,000 jobs per year from 1990 to 2007 because of…

October 9, 2024

Two Cheers for California’s Ban on Legacy Admissions

…California, the nation’s largest state, is now the fifth state to ban legacy admissions and the second state to adopt a ban that applies to private colleges. In the wake…

October 9, 2024

Kamala Harris’s Main Priority Is Expanding Welfare, Not Strengthening the Middle Class

Last week’s vice-presidential debate was chock-full of references to the middle class and plans to improve conditions for the middle class. That’s also a common refrain to the stump speech…

October 8, 2024

The Longshoremen Are Making the Wrong Demands

…a bridge to retirement. Our ports are grossly inefficient compared to competitor nations, especially China. The benefits of automation—for efficiency and economic growth—will vastly outweigh any short-term benefits the longshoremen’s proposed ban would…

October 7, 2024

Has Kamala Harris Given Up on “College for All”?

In 2009, then-President Obama made a bold proposal: “By 2020, this nation will once again have the highest proportion of college graduates in the world.” His administration then pursued a slew of policies…