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January 8, 2020
 
The Latest News
The Right Fix for Opportunity Zones
Michael Farren and Tad DeHaven | The Hill

The 2017 Tax Cuts and Jobs Act created "opportunity zones" which use tax breaks to incentivize real estate development in low-income communities. However, less than two years later Congress is considering reforms or even to kill the program at the urging of members of both sides of the aisle. The concept of opportunity zones is simple: by motivating more investment to low-income areas, one might expect them to help create jobs and reduce poverty. In reality, they have been twisted to serve political purposes and in a lot of places the poor are not the ones reaping the benefits.

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Hopeful News on Housing
Salim Furth | City Journal
In 2019, states and municipalities across the nation passed legislation to address housing affordability. Supported by both sides of the aisle, this is a hopeful sign that housing deregulation is beginning to attract bipartisan support, at least at the state and local level. Learn about the states implementing reforms that will roll back regulation, strengthen homeowners rights, and more.
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Slavoj Žižek on His Stubborn Attachment to Communism
Slavoj Žižek and Tyler Cowen | Conversations with Tyler
This bonus episode features audio from the Holberg Debate in Bergen, Norway between Tyler and Slavoj Žižek held on December 7, 2019. They discuss the reasons Slavoj (still) considers himself a Communist, why the The Handmaid’s Tale is “nostalgia for the present,” what he likes about Greta Thunberg, what Marx got right about the commodification of beliefs, his concerns about ecology and surveillance in communist states like China today, the reasons academia should maintain its ‘useless character,’ his beginnings as a Heideggerian, why he is distrustful of liberal optimism, the “Fukuyama dilemma” we face, the importance of “empty manners,” and more.
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Export-Import Bank Makes an Unwelcome Return
Veronique de Rugy and Justin Leventhal | Morning Counsult
Again, Congress has failed to pass an actual budget but has passed a massive spending package. The package includes a slew of corporate handouts, including the reauthorization of the Export-Import Bank. Long labelled a "crony" program, the Ex-Im Bank uses American tax dollars to financially back foreign companies to buy American goods and often serving well-connected corporate interests. Efforts to reauthorize the bank will set us back to 2014, the last year it was able to function fully before it was stripped of its quorum needed to support expensive deals.
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Additional Links
Why Would Elizabeth Warren Want More Banks?
Stephen Matteo Miller | The Wall Street Journal

Time to Move Tech Policy (And Our Fears) into the 21st Century
Jennifer Huddleston | The Baltimore Sun

How the 1920s Can Inform the 2020s in Health Care
Robert F Graboyes | Inside Sources

Why 2020 Is Harder to Predict Than 2019 Was
Tyler Cowen | Bloomberg Opinion

It's Resolution Time for Congress and the Administration
Veronique de Rugy | Creators Syndicate Newspapers

The Prospects for Prosperity in the New Year
Bruce Yandle | American Institute for Economic Research

Some Hopes for 2020 & Beyond
Donald Boudreaux | The Pittsburgh Tribune-Review

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