In Escaping the Housing Trap, Charles Marohn and Daniel Herriges address the role of zoning in creating the housing crisis. Like some other recent books (most notably by Nolan Gray and Bryan Caplan) this book shows how zoning limits housing supply and thus has led to our current housing crisis. … [Read more...]
Interrogating the Strong Towns “Ponzi Scheme”
NYU professor Arpit Gupta has channeled the annoyance of economists into a blog post directly calling out the Strong Towns "growth Ponzi scheme" line of argument. Like Arpit, I've never found a clear accounting for the Strong Towns argument. The basic evidence, as Arpit shows, is in the opposite … [Read more...]