Do You Like Rent Control?

Asked if it makes sense to mandate lower rents for some apartments in large cities, many of us say yes. Lower rents facilitate diversity and they enable middle income municipal workers to live close to home. Affordability is good. Yes?…

QE3 and the Baby Boomers

At the beginning of yesterday’s QE3 press conference, Fed Chairman Ben Bernanke referred to the plight of savers. Similarly, during an August “Conversation With the Chairman,” Dr. Bernanke was asked, “What about the savers?” Both times, Dr. Bernanke had the…

Waste and Cost

Who could possibly have disagreed with President Obama when, in his State of the Union address, he said we have to eliminate wasteful regulations?  Some very important people. Emory University economics professor, Paul Rubin, explained in a WSJ article that…