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Sadiq Khan's promise of rent controls would make life worse for Londoners - they've failed everywhere else

Comment
Sadiq Khan s promise of rent controls would make life worse for Londoners - they ve failed everywhere else
We need only look to Berlin to see that they result in less houses, and people being locked into the wrong sorts of homes
30 April 2021 • 12:52pm
“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy,” wrote Harry Hazlitt in Economics in One Lesson (1946), “it consists in tracing the consequences of that policy not merely for one group but for all groups.”
London Mayor Sadiq Khan’s demand for powers to introduce rent control ignores this central lesson. This is economic illiteracy of the highest order. Khan is only considering the immediate effects of freezing rent: a short-term benefit to those currently renting helping higher income earners who have existing rental arrangements. This entirely ignores the longer term effects. ....

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Regulated Into the Ground - The Daily Reckoning

Regulated Into the Ground
poorer would you be today absent 50 years of government economic regulation?
That is, how much wealthier or poorer would you be… had the United States government stood paws off these past 50 years?
Your choices are these:
D): 4.2 times poorer
Regulation counts neither plus nor minus. Let us then add a further selection:
E): No richer or poorer
Have you selected your letter? The correct answer shortly. First, a brief glance at today’s goings- on…
Business as Usual
The Federal Reserve concluded its FOMC confabulation this afternoon.
As expected widely it sat upon its hands. No rate hikes. No foreseeable halt to quantitative easing. ....

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Dr. Nan Hayworth

Dr. Nan Hayworth
iwf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iwf.org Daily Mail and Mail on Sunday newspapers.

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Bibliography on Austro-Libertarianism

Bibliography on Austro-Libertarianism
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President's Impact Report — First Quarter 2021

President's Impact Report — First Quarter 2021
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