Canfield Press <span>Blog</span>

Canfield Press Blog

 

 

 

The Economic Implications of Housing Supply

"Housing supply shapes housing prices and the size of metropolitan areas. When supply is highly regulated, prices are higher and population growth is smaller relative to the level of demand. The regulation of America’s most productive places seems to have led labor to locate in places where wages and prices are lower, reducing America’s overall economic output in the process. The older, richer buyers in America’s most regulated areas have experienced significant increases in housing equity. The rest of America has experienced little growth in housing wealth over the past 30 years."


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Posted: February 24th, 2017 | Permalink

Our Huge Hidden Tax: Government Regulations

Mises Institute’s Scott Powell wrote:  “…[T]he core lessons of the modern regulatory leviathan are: (1) that it can’t keep up with complexity; (2) that solutions are not only tenuous, but invariably come with unintended consequences; and (3) that it’s unlikely to work because it is driven by politicians who are driven to raise money and solicit votes—promising to “fix” problems by taking actions that “help” some constituents at the expense of others and that generally interfere with the self-correcting nature of a free market system.”


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Posted: February 23rd, 2017 | Permalink

A Closer Look at Autonomous Cars

“Delphi and Mobileye say they’ll have self-driving systems available to the car manufacturers by 2019,” said Andreessen analyst Frank Chen. “… 2020 GM says that’s when it will have its cars. Ford says 2021 they’ll have Level 5 cars available to fleet makers. BMW ships the iNEXT in 2021. Tesla who’s arguably out ahead of this right now says 2023. Uber says that its entire fleet will be autonomous by 2030. …So you see quite a range of predictions on when this glorious future happens... [I]t’s going to happen in our lifetime, which is probably not something I would have predicted ten years ago."


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Posted: February 22nd, 2017 | Permalink

How Can Government Promote Good and Protect Consumers?

“Do we create a concern about the overruling of state consumer protections in the course of establishing this national charter [for fintechs]?” asked Senator Merkley. “And these concerns … are shared by 50 state banking regulators, including D.C... More than 250 organizations have raised similar concernsp—[including] the Independent Community Bankers, the Consumer Bankers Association, Americans for Financial Reform, Center for Responsible Lending, National Consumer Law Center..."

 

 


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Posted: February 20th, 2017 | Permalink

Driverless Cars and the Future of America's Infrastructure

“Improving the country’s infrastructure will likely be high on the agenda of the incoming administration and Congress,” wrote Manhattan Institute’s Aaron Renn. “To accomplish this goal, federal spending should strongly favor repairing and maintaining existing roads, highways and bridges, not building new ones. That’s because as much as 20% of the nation’s major roads are in poor condition, and tens of thousands of the country’s bridges are structurally deficient. Fixing them will yield the best return for the taxpayer dollar.”


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Posted: February 20th, 2017 | Permalink

Fed Up

“We’ve become a nation of haves and have-nots thanks to Fed policies that benefit the wealthiest investors, punish the savers and the retired, and put the nation’s balance sheet at risk,” wrote Danielle DiMartino Booth, author of Fed Up: An Insider’s Take on Why the Federal Reserve Is Bad for America. “…[W]e must demand that the Fed stop offering excuse after excuse for its failures. …No more excuses. The Fed’s mandate isn’t to have a perfect world. That only exists in fairy tales, dreams, and the Fed’s econometric models.”


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Posted: February 17th, 2017 | Permalink