Build-to-rent single family subdivisions are a new form of housing construction in the United States. Although they represent a tiny fraction of new construction, several local governments in Georgia have already adopted zoning amendments to ban or limit subdivisions with rental units. Although...

In the United States, once people have been convicted of a crime—or, in many cases, even arrested for a crime—those people are marked for life in a way that allows states to deny them the right to earn a living in the profession of their choosing. In this short brief, we discuss the US...

Inflation is a general increase in prices in the economy. While economists disagree over the costs and benefits of low inflation rates, there is consensus that high inflation is especially costly and undesirable. Although non-monetary factors can temporarily affect the inflation rate, monetary...

In December 2020, the Congressional Budget Office (CBO) released a comprehensive report analyzing the costs of a single-payer healthcare system of the kind usually referred to as “Medicare for All” (M4A). The report has not yet received as much public attention as it deserves, most likely...

Local restrictions on new housing supply, including minimum lot-size requirements, single-family zoning, parking requirements, and historic preservation rules, all limit the supply of housing allowed within localities and drive up the cost of housing that is permitted. Federal policymakers have...

The Securities and Exchange Commission is planning to propose new mandatory disclosure rules on climate change without further statutory authority from Congress. The purpose of this comment is to explain that the SEC does not currently have statutory authority to adopt such disclosure rules....

US antitrust laws, broadly speaking, aim to curb efforts by firms to reduce competition in the marketplace or to create or maintain monopolies. These laws proscribe certain mergers and business practices in general terms, leaving courts to decide in specific terms which mergers and practices are...

This paper provides a critical analysis of the antitrust report from the Subcommittee on Antitrust, Commercial, and Administrative Law of the House Committee on the Judiciary, based on the consumer welfare standard, which has governed antitrust policy since the late 1970s. It also proposes a...

In past government budget policy discussions, the term “infrastructure” has been used to describe spending that mostly pertains to transportation, particularly roads and highways. It has also been used to refer to spending on water projects, environmental improvements, energy, broadband,...

Loose monetary policy has been widely blamed for high home prices and for the debt-fueled consumption that they funded. Critics, and even Federal Reserve (Fed) policymakers, generally agree that monetary policy should have been tightened sooner. But this is the wrong conclusion. In fact,...