Biden’s 5% cap on apartment rents: Washington’s latest economic folly

Recently, the Biden administration introduced plans to limit increases in apartment rents to 5% annually. Far from a straightforward cap, this plan contains various nuances, which I will explain below. Nevertheless, the basic fraud on display here is twofold.

First, the state continues to ignore private property rights while manipulating markets with price controls – an attempt to commandeer the market’s fundamental role of price discovery and place it in the hands of bureaucrats.

Howell1

William D. (Bill) Howell is a retired former public administrator living in Hurricane, Utah.

What Was Missing at NatCon 2024

National Conservatives are a growing movement on the political right. They are largely united by their belief in the failings of liberalism, in protectionist trade policy, a halt to mass migration, and a more Christianized nation. The attendees of this year’s conference, hosted by the Edmund Burke Foundation, focused on many topics: free trade, their desire to decouple from China, weaponization of government, bureaucracy in government, and even the building of parallel institutions. But one topic, one that should be vitally important to anyone wishing to preserve a nation, was absent.

The 1866 civil rights revolution

The phrase “equality of opportunity” is expressed by the Civil Rights Act of 1964 as a nondiscrimination principle. There has been much debate on whether the nondiscrimination principle is a formal right to equality before the law, reflecting the principle that everyone has a right not to be discriminated against, or whether it is a substantive right vested in specified groups (e.g., blacks or women) to give them special legal protection that members of other groups (e.g., whites or men) do not enjoy.