How NYU Can Learn from China »

When I studied in London last year as part of my university’s exchange program, I experienced first-hand the inefficiencies of monopolies propped up by central authorities. The “central authority” I speak of is not, perhaps, what you are thinking of: the UK government, or worse, the ‘notorious’ European Union. Rather, I use the term...
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The Prime Importance of Private Property Rights »

Imagine for a moment you decide to rent out a room in your home to another person. There are two parties in the contract—the landlord (you) and the tenant. You both agree to the lease and sign the contract. Things are going fine, but then, your tenant stops paying their rent. The solution to...
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Affordable Housing »

Five years ago, as the housing bubble was ramping up, affordable housing was a big issue. Today, as housing prices have fallen after the bubble burst, I may be one of the few people who thinks housing prices are still too high. [Also see the recent book, Housing America: Building Out of a Crisis.]...
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Politics, Markets, and The Housing Boom and Bust »

I recently read the revised edition of Thomas Sowell’s excellent The Housing Boom and Bust. One of the most striking things about the role of housing in the financial crisis is the resonance of the “villains, victims, and valiant government” narrative that goes as follows: greedy bankers exploited everyone while the regulators were asleep...
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  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org