"overconsumption of housing by tenants of rent controlled-apartments" is honestly a wild statement. We do have an "overconsumption of housing" problem, but tenants in rent-controlled apartments have absolutely nothing to do with it. For example, this 66k mansion owned by Gates is overconsumption

Average home sizes are falling, and I think that's a good thing.

Well, it's official! I am now a TENURED associate professor of pub policy here at Rutgers! Couldn't have done it without my amazing family and my truly wonderful community of political economists. Let us continue to strive to not only interpret the world, but to change it. ✊

I always find it funny how people talk about the Dems as the party of "redistribution". I mean, this is some substantial redistribution of resources right here from the R's—it's just from the masses to the 1%

Gotta say, @jwmason.bsky.social told us to do nothing about the trade deficit back in 2016, and his words ring just as true today. jwmason.org/slackwire/wh...

Do economists focus on societies most pressing questions? Damning critique by Richard Arnott in the Journal of Economic Perspectives.