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77 Percent of Americans Oppose Raising the Gas Tax, Reason-Rupe Transportation Poll Finds
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How the IPCC Reports Mislead the Public, Exaggerate the Negative Impacts of Climate Change and Ignore the Benefits of Economic Growth

Economy and Economics 
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Recent Research and Commentary
Housing Bubble Over? Hardly
February 9, 2012, 2:20pmI would expect we'll see prices fade past the "fair value" level that we are nearly back to on a national level, before hitting bottom. I also don't think it is possible to reach a natural bottom with all of the government subsidy money for housing finance still in the system. Even if we bottom out by the end of 2012, since housing finance reform won't be completed by then, it will be a false bottom and the renewal of another bubble.
House Passes Legislation Putting the GSEs on Budget
February 8, 2012, 3:41pmThe House of Representatives voted yesterday to put Fannie Mae and Freddie Mac on budget. This should be bigger news than anyone is getting it. As the bill (H.R. 3581) would profoundly change the way the government counts its debt, it should at minimum be a topic in the presidential debate.
Bernanke is Depriving Most Americans from Creating Real Wealth
February 8, 2012, 2:53pmIn a commentary published today, I argue that Bernanke’s Fed policies are harming 90 percent of Americans while benefitting a wealthy few. Beyond punishing savers and rewarding borrowers, his policies are aggregating more wealth to individuals already holding significant amounts of it.
What Has Ben Bernanke Done For You Lately?
Why the Federal Reserve’s Policies Aren’t Helping a Majority of Americans
February 8, 2012As the Federal Reserve continues its easy money policies, many Americans are wondering why they aren't seeing the benefits from this move. This begs the question as to whether Fed Chair Ben Bernanke should alter his monetary policies.
More on Fairness
February 7, 2012, 6:13pmWe have discussed a number of times on the blog the fact that complaints about the rich not paying their "fair share" lack a definition of fairness. Fairness in some ways is a subjective question. That is why we need a clear standard by which we think it is the most appropriate way to collect taxes before we can determine how that tax burden will be shared by society. Picking up on the questioning of fairness theme, Steve Moore has a list of fairness questions in his WSJ op-ed today. Here are a few highlights.
Unemployment at 8.3 Percent Not What It Seems
February 6, 2012, 2:07pmThe Bureau of Labor Statistics released its unemployment number for January last Friday and the headline came in at 8.3 percent. Let's be clear—that's not a bad thing. Especially being down from 9.1 percent last year. And it sure is going to make it challenging for the Republican's to criticize President Obama's economic prowess. But once again, this unemployment report is not all that great when digging behind the headline statistic.
View Resources by Type
StudiesBlog PostsOp-EdsReason.comReason.tv
- The Decline in Deaths from Extreme Weather, 1900–2010
Aggregate mortality attributed to all extreme weather events globally has declined by 98% since the 1920s
Indur M. Goklany and Julian Morris
September 22, 2011 - Unmasking the Mortgage Interest Deduction
Who Benefits And By How Much?
Anthony Randazzo and Dean Stansel
July 28, 2011 - Privatizing the Housing Finance System
A Brief History of the Housing Bubble and Ways to Keep It From Happening Again
Anthony Randazzo
March 15, 2011 - Privatization, Outsourcing and Insourcing Trends in Federal Government
Federal Government Privatization Chapter of Annual Privatization Report 2010
Adam Summers, Anthony Randazzo and Leonard Gilroy
February 16, 2011 - Near-term Ideas for Mortgage Finance Reform (Working Paper)
How to protect taxpayers, end the GSE bailout, reduce government’s footprint in housing, and return private capital to the mortgage market
Anthony Randazzo
February 10, 2011 - Ten Arguments Against a Government Guarantee for Housing Finance
Why there should not be a government role—explicit or implicit—in guaranteeing housing finance
Anthony Randazzo
February 4, 2011 - The Hayek Rule
A new monetary policy framework for the 21st century
Marius Gustavson and Anthony Randazzo
November 9, 2010 - Rethinking Homeownership: A Framework for 21st Century Housing Finance Reform
Dissolving Fannie Mae and Freddie Mac
Anthony Randazzo
October 26, 2010 - Letter to Treasury Regarding Housing Finance Reform
A Framework for Reforming Fannie Mae, Freddie Mac, and the Housing Finance System
Anthony Randazzo
July 21, 2010 - Improving the Economies and Business Climates In Struggling Cities
Examining how taxes, red tape, eminent domain and occupational licensing prevent economic growth
Policy Brief 92
Anthony Randazzo
March 17, 2010 - What Caused the Meltdown:
A Financial Crisis FAQ
Frequently Asked Questions About the Housing Bubble, Wall Street Crisis, and Recession
Anthony Randazzo and Carson Young
January 25, 2010 - Fixing the Regulation of Wall Street
A review of the Obama administration's proposal for reforming financial services regulation and recommendations to end the era of too big to fail
Policy Study 377
Anthony Randazzo
September 14, 2009 - The Future of Too Big to Fail and Bailouts
A comparison of the two plans to overhaul financial services regulation in the 21st Century
Policy Brief 81
Anthony Randazzo
August 17, 2009 - Taxpayer's Guide to the Stimulus
Where is all that stimulus money going?
Anthony Randazzo
June 17, 2009 - Avoiding an American Lost Decade
Lessons from Japan's Bubble and Recession
Anthony Randazzo, Michael Flynn and Adam Summers
February 20, 2009 - Are We Paving Paradise?
Randall O'Toole
January 1, 2004 - San Jose Demonstrates the Limits of Urban Growth Boundaries and Urban Rail
Randall O'Toole
March 1, 2003 - Smart Growth in Action
Housing Capacity and Development in Ventura County
William Fulton, Chris Williamson, Kathleen Mallory and Jeff Jones
January 1, 2002 - Urban Sprawl and Quality Growth in Ohio
Samuel Staley and Matthew Hisrich
December 1, 2001 - Older Suburbs
Crabgrass Slums or New Urban Frontier?
Joel Kotkin
October 1, 2001 - Market-oriented Approaches to Growth
Outsmarting Sprawl's Impacts
Samuel Staley
August 1, 2001 - Preparing for the Storm
Preserving Water Resources with Stormwater Utilities
Barrett P. Walker
January 1, 2001 - The Vanishing Farmland Myth and the Smart-growth Agenda
Samuel Staley
January 1, 2000 - "Urban Sprawl" and the Michigan Landscape
A Market-Oriented Approach
Samuel Staley
September 1, 1999 - The Sprawling of America
In Defense of a Dynamic City
Samuel Staley
January 1, 1999 - Market Oriented Planning
Principles and Tools
Samuel Staley and Lynn Scarlett
November 1, 1997 - Revitalizing Our Cities
Perspectives from America's New Breed of Mayors
William D. Eggers
March 1, 1995 - Land Use Reform Through Performance Zoning
William D. Eggers
May 1, 1990
Featured Research
- Taxpayer's Guide to the Stimulus
Where is all that stimulus money going? - State Governments Face Deficits and Fiscal Trouble Because of Spending
From 2002 to 2007, state spending rose 50 percent faster than inflation - Is America Following the Policies that Caused Japan's "Lost Decade"?
Federal government is repeating many of the same mistakes that created Japan's Lost Decade
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