Serfing the Planet

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Like its global predecessors, the COP26 Glasgow conference will usher in a new wave of apocalyptic warnings about climate change. It will also likely prove no more successful, in terms of actually addressing the issue, than its predecessors, particularly as China, India and other developing countries ramp up their emissions.  read more »

Quinn Chapel Story

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Anyone who’s watched the changes in Chicago’s Near South Side community over the last 30 years can tell you, it’s undergone a complete transformation in a generation’s time. Many observers might look at the Near South Side and think it went from nothing to something over that period. Not true. It was always a community of constant change. My father was one person who anticipated the next transformation and fought valiantly for it to be more inclusive.  read more »

Elites Are Using Climate Hysteria to Immiserate the Working Class

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Few things in life are as predictable as the rhetoric of climate change summits like this coming week's in Glasgow. Over the next week, you will hear again and again that the planet is dying and that climate change will cause mass dislocations and starvation.  read more »

The Poor Places That Made Our Cities Richer

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My latest column is now online at Governing magazine. It’s a further discussion of Howard Husock’s book The Poor Side of Town: And Why We Need It. For those of you who weren’t able to check out the recording of our AEI book event, this piece discusses some of the key points.

Below is an excerpt from the column:  read more »

Slow Boat from China

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To some in the Biden Administration, the supply chain crisis can be dismissed as a loss of East Asian-made consumer trinkets that, as Vox tells us, we could all be better off without—or as White House spokesperson Jen Psaki suggested, amounts to little more than “the tragedy of the delayed treadmill.” Yet, in reality, a broken supply chain is hardly  read more »

The Affordable-Housing Industrial Complex

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Since 1932, Congress has passed dozens of laws aimed at making rental housing and homeownership more affordable. Many of these laws created new programs while few of the older programs were abolished.  read more »

Eliminating Crude Oil is Like Jumping Out of a Plane Without a Chute

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The world, and the Intergovernmental Panel on Climate Change (IPCC) are proposing banishment of fossil fuels and are focused on reducing emissions from fossil fuels at any costs, but a safety net of having a viable replacement should be in place before we jump off that cliff.

Banning oil imports, fracking, and ceasing oil production to focus on the symbolic renewable energy as the fossil fuels replacement is fooling ourselves as that “clean energy” is only electricity generated from breezes and sunshine.  read more »

Subjects:

Blue Collar Babies: Why America's Working Class Needs Affordable Child Care

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In Netflix’s must-see new series, Maid, Alex (Margaret Qualley) flees a violent boyfriend with her two-year-old in tow, only to discover the gordian knot of being an impoverished, unhoused, single mom. Affordable child care is at the knot’s center. Alex must have a pay stub to qualify for subsidized housing, but first she must have child care to earn that paycheck. While she scrubs wealthy people’s floors, Alex depends on babysitting from her mentally unstable mother (played by Qualley’s real-life mom, Andie McDowell).  read more »

Clang! Clang!: We Need More Bell-Ringers Like Benson Hill

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When Matt Crisp rang the bell a couple of weeks ago opening trading on the New York Stock Exchange because his St. Louis-based company, Benson Hill, had just completed an initial public offering, it ranked as a happy but unfortunately uncommon occurrence.  read more »

The Anecdotal "Buyback" Effect

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I spend entirely too much time listening to experts in business, government, and academia explain the economy in general and the property market in particular. Looking back, very few people who are purported to know how the economy works, based on empirical evidence, have successfully predicted the wild spikes and crashes over the years.  read more »