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October 15, 2024
Lefty NYC Council Add-Ons to Mayor’s ‘City of Yes’ Would Worse Housing Crisis
…housing has crumbled. Here’s something Speaker Adams and the entire City Council should ponder: Under Argentina’s libertarian President Javier Milei, that country’s largest city, Buenos Aires, precipitously “scrapped” its rent…
October 15, 2024
Why Should the US Wish to Be More Like China?
…works because their economy is embedded in an authoritarian state with a compliant industrial sector. Rather than uniting our allies, the protectionist policies of the Trump and Biden administrations have…
October 11, 2024
Let’s Open the Black Box of Selective College Admissions
…black and Latino first-year enrollment plunged, while the number of first-year Asian-American students spiked. At Wellesley, black student enrollment fell by nearly half and that of Latino students by almost a third. At…
October 10, 2024
Do Liberal Arts Colleges Pay Off? What the Data Say
…median return on investment of $889,000, compared to $652,000 for students who study the same subject at other colleges—a gap of $236,000. Economics majors at liberal arts colleges outperform their…
October 9, 2024
Learning the Right Lessons from the “China Shock”
…the extent that adverse effects on import-competing workers created Keynesian aggregate-demand reductions, post-2007 economic slack was a major contributor. The paper is well titled: “Protectionism is Failing and Wrongheaded: An…
October 9, 2024
Kamala Harris’s Main Priority Is Expanding Welfare, Not Strengthening the Middle Class
…Middle-Class Family,’ Explains Wife When Husband Asks Why the Car Is on Fire.” It all smacks of a career politician with significant income and assets trying desperately to appeal to middle-income voters. And…
October 8, 2024
House Committee on Ways and Means Hearing on Misuse of TANF Funds
…a Rowe Scholar in Poverty Studies at the American Enterprise Institute. Previously I served for over two decades on the staff of the House Ways and Means Committee, including as…
October 3, 2024
Stop the insanity. Our national debt now tops $35 trillion…
…monthly mortgage payment for a median-priced home up by over $1,000. Lower-income Americans spend a greater share of their income on housing, so such rising costs are just one example of…
October 2, 2024
AOC’s “Social Housing” Dead End
…investment fall. One indicator of the popularity of AOC’s vision: at a time of sharply rising housing demand, median prices for Co-op City units last year fell 43 percent. Still, Ocasio-Cortez hopes…
October 2, 2024
Higher Education: Making Education Beyond High School Work for All
…federal loans. Many students, especially those who grew up in families below the median income, got a raw deal from higher education. Disillusionment with college has yielded a 12 percent drop in…