This paper investigates the effect of affordable housing obligations in New Jersey on cost of living, cost of housing, and actual housing production. New Jersey’s Mount Laurel court cases established…
Economy
Category:
Economy
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America is in the midst of a housing crisis. Homelessness hit a record high last year, rising 18 percent in 2024. Meanwhile, rent spiked by 50 percent in the past…
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Gold has crossed $4,000 per ounce just 200 days after it passed $3,000. What began as a slow march from crisis to crisis has transformed into an accelerated sprint that…
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Central bank independence isn’t just wonky economic theory. It’s a stabilizing force in fiat money-using economies. When shortsighted politicians control monetary policy, the public suffers. Consider that with a 10…
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The Organization for Economic Co-operation and Development’s (OECD) latest economic outlook should serve as a wake-up call for Washington. While the organization upgraded global growth to 3.2 percent in 2025…
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In 1961, with global politics chilled by the looming Cold War, President Dwight D. Eisenhower delivered his farewell address, warning the nation of a military-industrial complex. “In the councils of…
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The reported death of US dollar dominance has been greatly exaggerated. The dollar’s demise has been repeatedly prophesied, supposedly threatened by any number of currencies including the euro, the yuan,…
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The American housing market is no stranger to boom and bust cycles, but the current slowdown in existing home sales is remarkable both for its scale and its stubbornness. With…
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In August, the Associated Press reported that Nigeria had passed a law prohibiting the export of raw shea nuts — a key ingredient in many cosmetics. Shea nuts are big…
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Argentina’s recent $20 billion currency swap agreement with the US underscores the delicate balance of economic reform and the vital need for liberalization. Last month, there was a sudden run on the…