National Business Review

Economic literacy and the housing debate

At my next housing discussion, I will not mention I am an economist. Instead, I will demand that houses grow on trees, that infrastructure funding falls from heaven, and that people stop charging each other for products and services. Kumbaya, kumbaya.

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National Business Review

The power of ideas

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else.”

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National Business Review

The wrong type of home ownership

We should not regard the homeownership rate as the most important measure of a functioning housing market. Just because the ownership rate is falling does not tell us much on its own. Neither is a high ownership rate necessarily a positive.

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