The Housing Crisis Is Destroying Homeownership—and Undermining Democracy
Escalating house prices and density rules trap young people in renting, eroding homeownership—a key to democracy.
A collection of 63 posts
Escalating house prices and density rules trap young people in renting, eroding homeownership—a key to democracy.
Why prosperity breeds guilt, how status incentives reward critique, and what happens when function is replaced by moral performance.
The idea that we should redistribute wealth by fiat from prosperous to low-income and stagnating countries remains popular even though it is profoundly misguided.
Trump’s assault on the Federal Reserve demands a structural solution: rules-based monetary policy that protects central bank independence whilst delivering better economic results.
Zohran Mamdani wants to institute “collectivist” governance, but NYC already has a collectivist problem—a coordinated veto system that blocks development and progress.
We need to cultivate an appreciation for the abundance that modernity has bestowed instead of taking it for granted.
Instead of building nuclear, the Australian government is betting on the importance of ‘green energy’ with a foolhardy subsidy scheme that will be difficult to dismantle if it proves economically disastrous.
Wokeness has not retreated—it has simply shapeshifted.
New mining frontiers are opening up in Greenland, Brazil, Tanzania, and Australia. In no time at all, historically speaking, Beijing’s advantage will disappear. That is a relief, but it is also a concern.
This won’t be Great Depression 2.0. But this trade war will cost America and the world many innovations and great prosperity.
How a house pricing guarantee could encourage homeowners to accept higher-density neighbourhoods.
Liberal democracies need to restore a climate of entrepreneurial opportunity and competition.
The neoliberal turn was a pragmatic response to failed economic intervention and yielded broadly positive results.
Its ability to churn out plausible sounding explanations for historical and social phenomena is part of Marxism’s core appeal. But its grand theoretical framework simply does not hold up.
President Trump’s protectionist policies are erratic, ill-defined, and incoherent.