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| Room for agreement? |
- Prof. Epstein on California's horribly inefficient rent control laws
Defining Ideas: California's Kafkaesque Rent Control Laws
New York is not the only economically failing state that treats rent control as the road to salvation for its financially pressed citizens. California matches it stride for stride. Under California’s rent control regime, the right to any and all increases in the value of the underlying property is shifted, without compensation, from the owner to the tenant. This is an unjust “taking” of property from the owner. The consequences of policy are plain to see in the implosion of the California real estate market. - Howie Carr reports that the 99% movement has been inflitrated by 1% posers
Boston Herald: Cantabrigians Arrested - Ain't That Rich? - Lucy Steigerwald explores the libertarian potential of the Occupy Wall Street! movement
Reason: The Possibility of a Tea Party-Occupy Wall Street Alliance - Two looks at the latest Nobel laureate in economics, NYU's own Thomas Sargent
WSJ: A Nobel for Non-Keynesians
Reason: A Nobel for Thomas Sargent - Interesting NY Times article (even a blind squirrel...) on NYU's John Sexton's mission to recruit America's top economists
NYTimes: Ivy Envy - And, apparently this guy just really doesn't want to be reelected
NYPost: Obama's Hiroshima Apology Gambit
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