Headlines

"Stoller and Quintero may well be right that home-builder concentration does reduce housing supply and raise costs, but it hasn’t been proven yet, and it’s at best a minor factor compared to the zoning…

"Occupational licensing — the costly requirement of a license to be engaged in a particular profession — has grown massively in recent decades. Many of the new regulations fall on low- and medium-income…

"Chinese policy ignores the reality that Tibetans care more about their own distinctive culture, history, and identity than they care about expressing loyalty to Beijing. Perhaps this is what is most galling to China’s…

"An obvious set of perverse incentives simply stimulate more risk-taking by corporate management and investment firms in the future, resulting in even bigger future bailouts down the road. At a certain point this…

"Voters need to understand that by not pressuring politicians to deal with entitlements now, we might end up with a substantial amount of the means of American production being owned by the government. This will harm our…