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October 21, 2024
US Tariffs Will Not Bring Back Jobs from China
…too dependent on cheap Chinese goods, the argument goes, and this threatens US economic and national security. But the Trump/Biden tariffs have not reduced US dependence on China; instead, many…
October 18, 2024
Harris and Trump Are Equally Silent on the Expanding US Debt
Donald Trump and Kamala Harris seem to agree that one of the nation’s most important challenges should remain unaddressed — a problem that has been slowly eroding the foundations of…
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…