50-year mortgages are likely to increase the likelihood of more "owners" becoming underwater and walking away from their mortgages. This will lead to more bailouts for the financial sector. Taxpayers will pay the price.
Europe’s eye-watering tax levels are a leading cause of stagnation of European economies, as well as the symptom par excellence of statist gluttony.
A vacancy tax is a charge imposed on property owners who leave residential or commercial properties unoccupied for a specified duration. As usual, a statist violation of property rights.
The excitement of DOGE’s early days has mostly dissipated, in large part because Republicans still completely accept the fallacious paradigm of their progressive opponents about how all these government programs are providing necessary services for the American people.
No one can legitimately create a monopoly on ideas. The problems of freedom are solved with more freedom and worsened with less.
While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the numbers.
Owners are not only prohibited from producing the wine of their choice but also from deciding the volume they produce, the price at which they can sell their products, the way they store and vinify according to protocols, and the list goes on.
Thinking clearly about the state requires us to think differently than what is typically believed. The state is not a “necessary evil,” but rather it is just evil.
The rent is too high. However, government interference into rental markets has been the main reason rents are so high in the first place.
Politicians in both parties are promising to address the affordability crisis. But neither is focusing on, or even discussing, the true causes. Here’s what they are and how to fix them.
