“The purpose of a system is what it does.” If today’s politicians and policymakers have heard it said, they don’t seem to understand what it means.
That’s where we come in.
This week’s articles reveal the distance between intentions and consequences. Vice President Kamala Harris recently proposed giving first-time home buyers up to $25,000 toward their down payments. Randall Holcombe points out that this effort to increase demand will raise housing costs. In California, Josh Smith makes the case that the state is pursuing contradictory policies. On the one hand, there are lofty goals for green energy; on the other hand, regulations suffocate actual environmental improvements. Sticking with the theme of regulations, Ethan Yang covers the Kids Online Safety Act (KOSA), the controversial internet bill, and the FTC’s poor record on child safety issues. Lastly, Alvaro Vargas Llosa covers the situation in Venezuela, where the country’s recently contested election has sent opposition leader Edmundo González into exile.
Happy reading.
Jonathan Hofer
Managing Editor
