Wednesday’s Wall Street Journal contains a great page 3 article on how stricter land use regulations are slowing the growth of housing in areas that need it most. Laura Kusisto reports on a developer’s fight to build middle-class housing in downtown San Francisco, but she notes that similar problems can be seen in wealthy communities from New York and Connecticut to San Diego and Portland, Ore. She also cites academic research on the topic:
According to research by Daniel Shoag, an associate professor of public policy at Harvard University, and Peter Ganong, a postdoctoral fellow at the National Bureau of Economic Research, a decadeslong trend in which the income gap between the poorest and richest states steadily closed has been upended by growth in land-use regulations.
Moving to a wealthier area in search of job opportunities has historically been a way to promote economic equality, allowing workers to pursue higher-paying jobs elsewhere. But those wage gains lose their appeal if they are eaten up by higher housing costs. The result: More people stay put and lose out on potential higher incomes.
For on-the-ground reporting, you need newspapers. But you could have read about that paper twice in Cato Institute publications. Regulation magazine editor Peter Van Doren wrote about it in Winter 2013-2014 in his “Working Papers” column on new research (page 78).
And just two months ago a summary version of the paper appeared in the Research Briefs in Economic Policy series edited by Jeff Miron, director of economic studies.
I hope state and local policymakers will take note of the findings in this paper.
Stay tuned to the Cato Institute for more ahead-of-the-curve ideas.
Posted on October 20, 2016 Posted to Cato@Liberty
David Boaz discusses presidential candidates accepting the results of elections on the Sinclair Broadcast Group
Posted on October 20, 2016 Posted to Cato@Liberty
Posted on October 18, 2016 Posted to Cato@Liberty
Back in 2003 the psychiatrist and columnist Charles Krauthammer declared a new psychiatric syndrome, “Bush Derangement Syndrome: the acute onset of paranoia in otherwise normal people in reaction to the policies, the presidency – nay – the very existence of George W. Bush.” He had a point. But derangement can be generated by support as well as opposition for a political figure.
What do we say about conservatives – people who believe, variously, in limited government, free markets, Judeo-Christian values, and the importance of character in public life – who have been forced to utter absurdities in defense of Donald Trump? It’s one thing to say that Hillary Clinton and her Supreme Court justices and her 4,000 bureaucrats are on net worse than Trump and whatever menagerie he brings to the White House. But when free-market conservatives find themselves enthusiastically defending the most protectionist presidential candidate since Pat Buchanan, or Christian conservatives are forced to say that personal character isn’t really a big issue for them, I fear that derangement has set in. Take just a few examples in the past few days.
In Thursday’s Wall Street Journal Karl Rove writes that Trump needs “a Republican House to pass his agenda.” But his agenda is trade war, deportation, and banning adherents of the Muslim faith from entering the United States. Is that an agenda a Republican House would pass? Say it ain’t so, Karl (or Paul).
Also in Thursday’s Journal the Christian author Eric Metaxas writes that “God will not hold us guiltless” if we fail to vote for Trump. Metaxas oddly cites Dietrich Bonhoeffer as a Christian who also had to make a difficult moral choice: He joined a plot to kill Hitler. Is that really something Metaxas thinks God would consider wrong? As for voting for Trump despite his moral flaws, Metaxas tells us that God will ask “What did you do to the least of these?” I wonder where that leads: Perhaps “the least of these” are the Mexican and Chinese workers whose jobs Trump wants to destroy, the Hispanic immigrants he wants to deport, separating them from their U.S.-born children, the low-income Americans who will find it harder to afford T-shirts, sneakers, and smartphones, or the refugees fleeing war and devastation whom he would bar from the United States on the basis of their faith.
And then there’s Ben Carson, who delivered himself of these thoughts at a college in Missouri:
Ben Carson urged a conservative audience to be strong in their faith and stand by their beliefs in the face of “ever-growing government.”
Tyranny will reign otherwise, “and there will be mass killings once again,” Carson told a crowd Friday. “The peace that we experience now will be a memory only. This is the nation that stands between peace and utter chaos.”
Asked at a press conference how he thought such a grim future might come about, Carson referenced “the whole gay marriage issue.”
“Why must they change it?” Carson said, referring to efforts to recognize civil unions as equal to traditional marriage. “I believe the reason is, if you can change the word of God in one area, then you can change it in every area. It’s the camel’s nose under the tent, and it will just be an avalanche of one thing after the other.”
Maybe that’s not exactly Trump Derangement, just general derangement. But Carson was the second former opponent to endorse Trump, and he’s become an enthusiastic surrogate.
Finally, I note the comments of Rush Limbaugh this week. Limbaugh is often funny and sometimes has real insights lurking in his monologues. But the attempt to defend both conservatism and Trump for three hours a day seems to be getting to him. In particular, a guy who soared to the top of the talk radio business by attacking Bill Clinton and his “bimbo eruptions” now finds himself compelled to defend confessions of sexual assault. He fell into the abyss Wednesday with this meditation:
You know what the magic word, the only thing that matters in American sexual mores today is? One thing. You can do anything, the left will promote and understand and tolerate anything, as long as there is one element. Do you know what it is? Consent. If there is consent on both or all three or all four, however many are involved in the sex act, it’s perfectly fine. Whatever it is. But if the left ever senses and smells that there’s no consent in part of the equation then here come the rape police. But consent is the magic key to the left.
This is just sad. A conservative, a defender of traditional moral values, denouncing the idea that consent is required for sexual activity. This is what rank partisanship, red team/blue team mentality, and a failure to recognize when your party has taken a wrong turn leads to.
None of this should be construed as an endorsement of Hillary Clinton. I’ve been denouncing her statism since the 1990s. But I hope, for the sake of my conservative friends, that the Wall Street Journal was wrong when it wrote early in the Clinton years, “the personal virtue known as self-restraint was devalued. In the process, certain rules that for a long time had governed behavior also became devalued,” and thus there were going to be a lot of casualties. Because a lot of conservatives seem to be hurtling over the guardrails and defining deviancy down in their determination to justify anything – anything – the Republican nominee for president says or does.
Posted on October 14, 2016 Posted to Cato@Liberty
Posted on October 4, 2016 Posted to Cato@Liberty
Posted on October 3, 2016 Posted to Cato@Liberty
And it came to pass in those days, that there went out a decree that all the world should be taxed.
And lo, the ubiquity of taxation made it possible for the Treasury Department to identify all the same-sex marriages in the land by zip code and present the data in tables and a map.
Posted on September 13, 2016 Posted to Cato@Liberty
Posted on September 12, 2016 Posted to Cato@Liberty
Washington Post fact checker Glenn Kessler gives a maximum Four Pinocchios to the claim that Hillary Clinton was fired during the Watergate inquiry, which has gotten a lot of circulation on social media. He makes a detailed case that there is no evidence for such a firing. However, along the way he does note some unflattering aspects of her tenure there:
In neither of his books does Zeifman say he fired Clinton. But in 2008, a reporter named Dan Calabrese wrote an article that claimed that “when the investigation was over, Zeifman fired Hillary from the committee staff and refused to give her a letter of recommendation.” The article quoted Zeifman as saying: “She was a liar. She was an unethical, dishonest lawyer. She conspired to violate the Constitution, the rules of the House, the rules of the committee and the rules of confidentiality.”…
In 1999, nine years before the Calabrese interview, Zeifman told the Scripps-Howard news agency: “If I had the power to fire her, I would have fired her.” In a 2008 interview on “The Neal Boortz Show,” Zeifman was asked directly whether he fired her. His answer: “Well, let me put it this way. I terminated her, along with some other staff members who were — we no longer needed, and advised her that I would not — could not recommend her for any further positions.”
So it’s pretty clear that Jerry Zeifman, chief counsel of the House Judiciary Committee during the Watergate inquiry, had a low opinion of the young Yale Law graduate Hillary Rodham. But because she reported to the chief counsel of the impeachment inquiry, who was hired separately by the committee and did not report to Zeifman, Zeifman had no authority over her. He simply didn’t hire her for the permanent committee staff after the impeachment inquiry ended.
Kessler also notes that Clinton failed the D.C. bar exam in that period. She never retook the exam (passing the Arkansas exam instead) and concealed her failure even from her closest friends until her autobiography in 2003.
And then there’s this:
Zeifman’s specific beef with Clinton is rather obscure. It mostly concerns his dislike of a brief that she wrote under Doar’s direction to advance a position advocated by Rodino — which would have denied Nixon the right to counsel as the committee investigated whether to recommend impeachment.
That brief may get some attention during the next few years, should any members of the Clinton administration become the subject of an impeachment inquiry. Also in Sunday’s Post, George Will cites James Madison’s view that the power to impeach is “indispensable” to control of executive abuse of power.
Posted on September 12, 2016 Posted to Cato@Liberty
Dilma Rousseff was never as popular as the president who anointed her as his successor. Despite her intelligence and diligence in numerous official posts, she lacked his warm personality and flair for campaigning. But she ran a very professional presidential campaign, with lots of celebrity supporters, and the vigorous support of her predecessor, and she won the election and became Brazil’s first female president. In office she pursued policies of easy money, subsidized energy, and infrastructure construction, which initially boosted her popularity. As is so often the case, though, those populist programs eventually brought inflation and a slide into economic contraction. Simultaneously, allegations of corruption and cronyism hurt her reputation. Impeachment proceedings were brought against her, focused on her mismanagement of the federal budget, particularly employing budgetary tricks to conceal yawning deficits. ”Experts say Ms. Rousseff’s administration effectively borrowed some $11 billion from state banks, an amount equal to almost 1 percent of the economy, to fund popular social programs that have been a hallmark of the Workers Party’s 13 years in power.” Some said that such fiscal mismanagement and dishonesty were common in presidential administrations and should not result in impeachment. But the Senate convicted her and removed her from office, making her bland vice president the new president.
Thank goodness nothing like that could happen in our own country.
Posted on September 2, 2016 Posted to Cato@Liberty