A deeply reported history of the past four decades of handing public services over to private companies provides a stunning account of how not to govern.
inflation
Posted inTAP
Inflation and Housing Gentrification
Today on TAP: The price-gouging in affordable housing units has nothing to do with other sources of inflation.
Posted inEconomic Policy
California Has Too Much Money in Its Budget
Gas rebates, the Gann Limit, and the insanity of Golden State governance.
Posted inTAP
Inflation and Corporate Price-Gouging
Today on TAP: Biden has the power to do a lot more—which would be good economics and good politics.
Posted inEconomic Policy
Interest Rate Hikes Aren’t a Solution for Supply Shocks
Policymakers are employing the wrong tools for the current circumstances.
Posted inEconomic Policy
We Need to Talk About Profits
Economists routinely ignore a fundamental set of data about the economy.
Posted inTAP
The Fed Resists the Inflation Hawks
Today on TAP: Fed Chair Jerome Powell is playing against type.
Posted inEconomic Policy
A Windfall Profits Tax Would Be an Inflation Rebate
A cash benefit to families as oil prices spike would be more important than how it’s financed.
Posted inHousing
The Great Housing Inflation as a Long-Term Policy Failure
High prices of homes and rental apartments have very little to do with today’s general inflation, but reflect decades of perverse policies that hurt both renters and aspiring homeowners.