The minimum wage will tend to increase unemployment among low-skill workers, often minorities. To many people that’s an argument against the minimum wage. But to progressives at the opening of the 20th century that was an argument for the minimum wage–progressive’s demanded minimum wages to get women and racial minorities out of the work force. […]
Rent Control Reduces New Development: Bug or Feature?
Rent Control Reduces New Development: Bug or Feature?
30 Jul 2024 Leave a comment
in applied price theory, comparative institutional analysis, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, land supply, regressive left, rent control
Biden’s Desperate Vote-Buying Proposal for Nationwide Rent Control
15 Jul 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of regulation, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: rent control
I’m not a political pundit, but I’m guessing that yesterday’s despicable assassination attempt on Donald Trump increases the likelihood that he reclaims the White House. That’s probably not good news for trade policy (though Biden has been just as bad), but it will be very good news for housing policy. Not because of what Trump […]
Biden’s Desperate Vote-Buying Proposal for Nationwide Rent Control
100 Years of Rent Control in Sweden
17 Mar 2024 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, history of economic thought, income redistribution, law and economics, property rights, Public Choice, public economics, rentseeking, urban economics Tags: rent control, Sweden
Bet On It reader Vanja Månborg knows a lot about rent control in Sweden. If you think Sweden is a country of thoughtful technocrats where government intervention works well, reading his guest post may make you think again. Here’s Vanja:Sweden has had rent control regulations since 1917 with less than two decades of pause between…
100 Years of Rent Control in Sweden
Gaelic Price Control
05 Mar 2024 Leave a comment
in applied price theory, economics of regulation, Public Choice, urban economics Tags: rent control
Here is a nice video on the experience with price control in Ireland and Scotland. Hat tip: Marginal Revolution
Gaelic Price Control
Statewide Rent Control Being Considered in Washington
27 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, politics - USA, urban economics Tags: rent control
Five things to know about WA proposal to limit rent hikes | The Seattle Times Isn’t rent control one of the most studied economic experiments? And hasn’t it been shown to be, over the long term, a disaster for everyone involved? What does economic evidence tell us about the effects of rent control? | Brookings […]
Statewide Rent Control Being Considered in Washington
Thousands of NYC Rent-Controlled Apartments Sit Vacant
10 Sep 2023 Leave a comment
in applied price theory Tags: rent control
Here’s evidence, if anyone needs it, that rent control contributes to housing scarcity: a new report says that more than 13,000 rent-controlled apartments have been vacant for at least two years. Nearly 90,000 rent-controlled apartments were vacant in 2021 and more than 60,000 were still vacant in 2022. Manhattan apartment … Continue reading →
Thousands of NYC Rent-Controlled Apartments Sit Vacant
Lost on @NZGreens
14 Aug 2021 Leave a comment
in economics of regulation, entrepreneurship, income redistribution, law and economics, liberalism, libertarianism, Marxist economics, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, rent control
Bad Rent & Minimum Wage Memes
17 Jun 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, history of economic thought, labour economics, law and economics, minimum wage, poverty and inequality, unemployment, urban economics Tags: rent control
Bad Laws Cause Homeless Crisis
25 Jan 2020 Leave a comment
in economics of regulation, industrial organisation, law and economics, politics - USA, property rights Tags: affordable housing, land supply, rent control, zoning
Rent Control Does Not Make Housing More Affordable
09 Jan 2020 Leave a comment
in applied price theory, applied welfare economics, economics of bureaucracy, economics of education, income redistribution, industrial organisation, law and economics, politics - New Zealand, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: offsetting behaviour, rent control, The fatal conceit, unintended consequences
No landlord with rent to tenants with less than stellar credentials from now on.
17 Nov 2019 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, politics - New Zealand, Public Choice, rentseeking Tags: offsetting behaviour, rent control, The fatal conceit, unintended consequences
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