Key policy analysis as the election looms around the corner.

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October 30, 2024

Welcome to The Lighthouse ([link removed]) , the weekly email newsletter of the Independent Institute covering politics, economics, current events, and everything in between.

Dear Readers,

With the presidential election around the corner, everyone’s thinking about immigration and healthcare policy. As candidates weigh in, Thomas D. Howes and Alvaro Vargas Llosa offer helpful ways to think about immigration in a country like America, while Raymond March highlights the economics behind healthcare shortages and the FDA's backward smoking policy. Plus, with the hurricanes devastating the Southeast, Scott Beyer highlights the need for resilient infrastructure and explores the promise of hurricane-proof homes.

Thanks for reading.

Jonathan Hofer
Managing Editor

Top picks this week
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** The New Right’s Self-Destructive Populism ([link removed])
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** by Thomas D. Howes
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The New Right has a lot of problems. Destructive tariffs and inhumane (and impractical) deportations are two of them.
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** The Inevitable Need: Why Immigrants Are a Key to Economic Stability ([link removed])
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** by Alvaro Vargas Llosa
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Whatever the politicians say during the presidential campaign, the United States will continue to need a significant number of immigrants to keep up its workforce … and Latin America will need to continue exporting part of its population to this country.
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** Supply, Demand, and Wegovy ([link removed])
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** by Raymond J. March
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As popular and successful as these weight loss drugs are, severe shortages keep them out of patients’ hands. Basic economics can explain why.
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** If the FDA Wants People to Stop Smoking, it Should Stop Meddling in the Vaping Market ([link removed])
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** by Raymond J. March
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The FDA’s repeated attempts to thwart the vaping market have ironically hampered efforts to reduce smoking.
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** New Homes Go Hurricane Proof ([link removed])
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** by Scott Beyer
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The construction industry has spent decades learning how to build homes that can withstand extreme weather. However, government regulations have not kept pace with the need for disaster-resistant designs.
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** FEATURED BOOK
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** Good as Gold ([link removed])
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** How to Unleash the Power of Sound Money ([link removed])
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** Judy Shelton
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With clarity and moral courage, Judy Shelton has written a must-read for anyone invested in the future of the economy. You’ll walk away with more answers than questions—a rare experience for anyone who reads about monetary policy.
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