Price Controls

President Trump’s so-called populism really is a mish-mash of protectionism, increased government spending, price controls, and some deregulation. Don’t expect good results.

The question is not whether a politician’s intention is good. The market does not care about intentions. It responds to incentives.

If card-issuers are blocked from charging interest rates higher than 10 percent for consumers with a poor credit history, these consumers will find out that they have fewer borrowing options.

By hiring a communist as his main housing adviser, New York Mayor Zohram Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.

By hiring a communist as his main housing adviser, New York City Mayor Zohran Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.

In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.

In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.

Although New York mayoral front-runner Zohran Mamdani has made some very popular promises, his litany of free stuff will run headlong into economic reality soon enough.

Landlords have been using AI tools to get a better idea of market conditions and changes in the rental market. Naturally, the government is trying to end this practice under the false belief that such tools involve collusion.

The standard line for passenger rail travel in the US is that we need a government-subsidized entity like Amtrak because while there is a “need” for such service, it is impossible to provide it profitably. However, profitable travel is possible, but would require the end of Amtrak itself.