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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
Last week, California Gov. Gavin Newsom signed into law a new statewide ban on legacy admissions. It bars all colleges and universities, public or private, from taking into consideration an applicant’s relationship…
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
Harris Housing Subsidies: A Recipe for Repeating Past Mistakes
Presidential candidate Kamala Harris has proposed housing policies that recycle ineffective strategies long seen in federal housing programs. Her key proposals include subsidies for the construction of 3 million new…
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…
October 3, 2024
Stop the insanity. Our national debt now tops $35 trillion…
America’s political leaders have a spending problem. They know entitlement programs feature benefit promises far exceeding their tax base, but have done nothing to make them sound. Meanwhile, both parties demand…
October 2, 2024
AOC’s “Social Housing” Dead End
New York representative Alexandria Ocasio-Cortez, an avatar of the progressive Left, recently shared her vision of how America’s housing shortage should be addressed in a New York Times op-ed cowritten with Senator Tina…
September 27, 2024
Justice at Any Cost?
“Almost 9,000 children in California foster care could soon be taken from homes over insurance crisis,” reads one among a dozen similar headlines that have appeared in West Coast media…
September 23, 2024
The Kamala Harris Plan for More Housing Shortages
A signature feature of Kamala Harris’s housing plan is providing first-time home buyers with $25,000 in down-payment support, at a total cost of $100 billion over four years. Absent a severe…
September 20, 2024
Don’t Believe the Doomsayers. The American Dream Is Still In Reach for Young People
The American dream is still alive and can be achieved in just one generation, even among the most economically disadvantaged young people. That finding is among the most promising takeaways…