October 16, 2019        

Bernie Sanders is a Bad Economist: Housing Market Edition
by Zachary Yost

Bernie Sanders's proposed "House Fixing tax" would not only hurt flippers and their homebuying customers but also some landlords and tenants as well.

The Mythology of the "Natural Interest Rate"
by

Central bankers are claiming that a global savings glut is driving down the "natural" interest rate to negative levels. They're wrong.

The economist’s task is not to demonstrate (empirically) that x is associated with y, but to provide a causal explanation of how x affects y.

Local governments think the key to "smart" downtown development is to restrict parking, and force people to take a bus. In reality, people just decide to avoid downtown, thwarting efforts at development.
 


    

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