The near-collapse of London-based Market Financial Solutions (MFS) highlights structural vulnerabilities embedded in today’s private credit ecosystem. Founded in 2006, MFS specialized in complex, property-backed bridging loans — short-duration financing…
Category:
Economy
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Millions of Americans are channeling the classic Eagles tune Hotel California in their experience with student loan debt: “you can check out any time you like, but you can never…
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What are zoning laws, how do they work, and what are their economic effects? This explainer is intended to be a guide to the purposes and mechanics of local land-use…
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On Friday, the Supreme Court issued its 6-3 opinion in the Learning Resources, Inc. v. Trump, and if you’ve spent any time reading or watching the news in the past…
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Every few years, the century bond returns — not exactly with a bang, but with a new, shiny calculation involved. As reported by the FT and Bloomberg last month, Google’s…
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While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more ambitious: a deeply researched 300-year chronicle…
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On July 8, 2024, a guest essay by Stephen Smith on elevator policy was published in The New York Times. Though this may seem like a rather dry topic at…
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While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more ambitious: a deeply researched 300-year chronicle…
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On February 11, the Congressional Budget Office (CBO) published its annual Budget and Economic Outlook report, covering 2026 to 2036. Among the projections, the report found that Social Security’s Old-Age…
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What US industry is the most subsidized and regulated by the federal government? If you answered nuclear power, you are correct. As a result, the 70-year “Atoms for Peace” program…