Visiting Heritage scholar Wendell Cox has a new paper out titled “How Smart Growth Exacerbated the International Financial Crisis” in which he praises New York Times columnist Paul Krugman’s prescience on diagnosing the role of land use regulation in driving the housing bubble. Krugman wrote on August 8, 2005: But …
In an otherwise admirable editorial highlighting a new report that shows New York City paid 235 teachers $81 million over two years to do nothing, the New York Times includes this paragraph: Under the new free-market system, teachers who lose their jobs because of budget cuts, program curtailments or school …
Sen. John McCain issued a call to action on health care reform today. Despite what some political pundits and liberal critics in the media claim, McCain has it exactly right with his policy proposal. The McCain plan would expand personal, portable private health insurance, not through government mandates or regulations …
Recently our leaders have told us: The New York Times, April 15, 2008: Representative Jim McGovern, Democrat of Massachusetts, said he had come to realize that Congress made a mistake in backing biofuels, not anticipating the impact on food costs. He said Congress needed to reconsider its policy, though he …
D.C. Mayor Adrian Fenty goes to Capitol Hill tomorrow to testify on President Bush’s proposed budget for the District in 2008. In an editorial today, The Washington Post encouraged Mayor Fenty to support the D.C. Opportunity Scholarship program, which is now helping more than 1,900 disadvantaged kids attend private schools: …
A recent agreement between the U.S. and South Korea on beef imports has some business leaders thinking the U.S.-South Korea Free Trade Agreement may earn congressional approval soon. They should not get their hopes up. The union-owned Congress currently in power has made it clear they will not be approving …
CATO’s Timothy Lee makes a great connection between the absence of school choice in our current education system and the recent housing bubble burst. First he quotes economist Robert Frank in Sunday’s Washington Post: In a well-intentioned but ultimately misguided move to help more families enter the housing market, borrowing …