Mitchell Harvey and Tam Alex

How State Regulations Perpetuate Overpriced Housing

by Mitchell Harvey and Tam Alex | Jul 9, 2020 | Economics, Featured Articles

In Economic Facts and Fallacies (2011), Thomas Sowell argues that housing regulation and zoning laws, not markets, are to blame for the modern scourge of unaffordable housing. Sowell is still right. Government housing regulations have exacerbated construction costs, reduced the elasticity of the housing supply, and worsened the vicious problem of homelessness. A 2014 NBER (National Bureau of Economi Research) review of the current housing regulation literature confirmed what economists already knew: "regulation appears to raise house prices, reduce construction, reduce the elasticity of the...

Podcasts

Shop Our Books

Israel Winner of the 2003 Iraq Oil War

by Gary Vogler

From the Foreword by Lawrence B. Wilkerson: “[T]he debate over whether oil was a principal reason for the 2003 invasion has waxed and waned, with one camp arguing that it absolutely was, while the other argues the precise opposite.” “Mr. Vogler, himself a former...

Domestic Imperialism: Nine Reasons I Left Progressivism

by Keith Knight

Imagine the Catholic Church (or any person or group of people) doing what the government does every day: Everyone who doesn’t give the Catholic Church 25% of his annual income every year will be put in jail. If he resists the Jesuit officer, the officer has the right...

Diary of a Psychosis: How Public Health Disgraced Itself During COVID Mania

by Thomas E. Woods, Jr.

FOREWORD BY JAY BHATTACHARYA, MD, PHD Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby...

« Older Entries