December 11, 2023
By implementing onerous requirements on Airbnb hosts, New York City is attempting to scapegoat short-term rental (STR) sites for the city’s own failings. Rather than accounting for city policies that continue to drive its housing and hotel room shortage, officials have decided to target the city’s 40,000 active listings, operated by—mostly smalltime—Airbnb hosts. In the…
December 11, 2023
“These are first-of-their-kind bills in the United States,” Utah Gov. Spencer Cox said in March at the signing of SB152, which required social media companies operating in Utah to age-verify users and obtain explicit parental consent for users under the age of 18 to open an account. “That’s huge that Utah is leading out in this…
December 11, 2023
The post-pandemic rise in rents has fueled the view that the private housing market inevitably fails those of modest means. The left-leaning Center for Budget Policies and Priorities summarizes the idea that the short-term spike in rents merely dramatizes that essential market failure. It asserts that the “rent burden among families with the lowest incomes is a…
December 8, 2023
The Biden administration has abolished the federal student-loan program, at least if a “student-loan program” is one in which students borrow money and then eventually repay it. What’s being erected in its stead is a scheme that’s rife with moral hazard, seemingly designed to inflate college costs, and best described as a “student-fraud program”—in which…
December 4, 2023
In The Next American Economy (2022), Samuel Gregg provides a refreshing defense of free markets, emphasizing the need to frame the case for economic liberty within a broader narrative about America’s values and identity. We need this book to help reframe the disagreement over trade protectionism and industrial policy. Gregg opens by examining the alignment between former President Donald Trump and Senator Elizabeth Warren on the need for greater government regulation of the economy….
December 4, 2023
Recreational cannabis is now legal in 24 states and more are likely to follow suit. But the black market in pot has not disappeared; in fact, it has continued to thrive. New York City alone is estimated to have some 1,500 unlicensed sellers of marijuana products with a combined inventory predicted to be worth nearly half a…
December 1, 2023
Alexandria, Va. Dozens of cities around the country have launched welfare experiments called guaranteed-income pilots to send monthly checks of up to $1,000 to needy people. The goal is to demonstrate that giving the poor direct cash aid can improve their economic stability, their children’s educational attainment, and even their mental health. Most of the…
December 1, 2023
“If we care about our children, if we care about the vibrancy of our communities, we have no choice but to have the conversation” about absent fatherhood, said Chris Sprowls, who served as a prosecutor in Florida before going on to become speaker of the state house in 2020. In his work on cases involving gangs…
November 27, 2023
Those who believe New York City not only needs more housing but more types of housing to serve its many types of households should be cheered by the Adams administration’s support for “granny flats.” These small “accessory dwelling units” built in backyards, converted basements or converted garages can help homeowners pay their mortgages and older adults…
November 27, 2023
The science could not be clearer: On average, the children of married parents are more likely to experience happier, healthier and more successful lives. Brookings Institution scholar Melissa Kearney powerfully underscores this truth in her new book “The Two-Parent Privilege,” writing, “The decline in the share of U.S. children living in a two-parent family over…