All Posts Tagged With: "rent control"
The Psychological Consequences of Rent Control
When people get used to depending on government for something as central to their lives as housing, it shapes their expectations about other areas of at least equal concern, such as jobs and health care.
17May2011 | Sandy Ikeda | 5 comments | ContinuedEconomics in One Lesson: An Appreciation
“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” So writes Henry Hazlitt in chapter one of his classic, Economics in One Lesson. I [...]
1Nov2004 | David R. Henderson | 0 comments | ContinuedProsperity Is Hazardous to Our Health and Wealth?
The left long ago abandoned the argument that socialism would produce greater prosperity than capitalism (although Paul Samuelson still clung to this belief as late as 1988) and now devotes most of its energy to fabricating myriad “problems” with capitalist prosperity. A particularly shallow example of this argument was recently on display in a February [...]
1Jun2001 | Thomas J. DiLorenzo | 1 comment | ContinuedFreedom of the Price
Last month I explained why our liberties will be steadily eroded without a genuine commitment to liberty in general. Fortunately some liberties are widely recognized as crucial and have influential interests protecting them from political violation. An interesting example is freedom of speech—freedom against government censorship. Recent examples of the censorship of politically incorrect speech [...]
1May2000 | Dwight R. Lee | 2 comments | ContinuedVienna and Chicago: A Tale of Two Schools
Since its inception, the Foundation for Economic Education has been associated with two free-market schools, the Austrian school of Ludwig von Mises and, to a lesser extent, the Chicago school of Milton Friedman. Mises, after leaving Vienna for New York City, was closely involved with Leonard Read, FEE’s founder. He spoke frequently at FEE’s headquarters in Irvington-on-Hudson, and wrote regularly for The Freeman.
1Feb1998 | Mark Skousen | 2 comments | ContinuedNew York by the Numbers: State & City in Perpetual Crisis by Raymond J. Keating
Madison Books • 997 • 640 pages • $29.95 William Peterson is a Heritage Foundation adjunct scholar and Distinguished Lundy Professor Emeritus of Business Philosophy at Campbell University in North Carolina. “The power to tax involves the power to destroy.” So U.S. Chief Justice John Marshall presciently declared in McCulloch v. Maryland in 1803. And [...]
1Jan1998 | William H. Peterson | 0 comments | ContinuedThree Fallacies of Rent Control
From New York to Boston to Toronto, rent control is under attack. Not surprisingly, beneficiaries of this legislated plunder of providers rental housing are sparing no effort to maintain their unmerited privileges. In so doing, they resort to a wide variety of fallacious arguments. Three in particular stand out and will be discussed here. 1. [...]
1Jun1997 | Robert Batemarco | 1 comment | ContinuedWhy Laws Backfire
Ms. Manley is president of Commercial Tenant Real Estate Representation Ltd., Manhattan. Her articles have appeared in Harvard Business Review, Inc., and the Wall Street Journal. For thousands of years, laws everywhere have backfired. In ancient Babylon, Sumeria, Egypt, China, Greece, and Rome, for instance, price controls promoted not fairness but famine. During the twentieth [...]
1Aug1996 | Marisa Manley | 1 comment | Continued-
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