Get the latest policy analysis by Mercatus scholars. |
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No, the Great American Bread
Machine Isn't Dying |
Bruce Yandle | Washington Examiner |
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News worth celebrating came from the most recent census report on US household income. America cannot be described as the place where the rich only get richer and poor only get poorer as the census showed a dramatic shift in the share of high, middle, and low-income households. Since 1967, the share of high-income households has grown rapidly. While the middle-income share has become smaller, the low-income share and number of people in poverty has also fallen. This is evidence that the Great American Bread Machine is still baking bread. |
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Cities, Markets and People |
Alain Bertaud and Tyler Cowen | Conversations with Tyler |
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In the latest episode of Conversations With Tyler, host Tyler Cowen was joined in New York City by celebrated urbanist Alain Bertaud to discuss the YIMBY and NIMBY movements, the future of charter cities, and the political economy of urban planning. Bertaud previously held the position of principal urban planner at the World Bank and is the author of Order Without Design: How Markets Shape Cities. His research aims to illustrate the interactions between urban forms, real estate markets, and regulations. |
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If You Can’t Abolish the Ex-Im Bank,
Reform It at Least |
Veronique de Rugy | American Institute for Economic Research |
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Delayed again in passing an actual budget, the House recently passed a stopgap spending bill to continue government funding that includes a reauthorization of the Export-Import Bank. The Ex-Im Bank, a quintessential example of cronyism, has also been called "the Boeing Bank" because before going through a four-year dormant period, the agency's top beneficiary in the US was Boeing. If the Ex-Im Bank is authorized without reforms, not only will the agency return to its Boeing Bank days, but the progress that was made towards ending American subsidies to foreign state-owned companies will be scrapped. |
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