Housing as a human right has become a rallying cry across the United States and in many countries, especially in cities. More and more people are perplexed as to why housing is out of reach for all but the wealthy. Why have the needs of… Read More »Is COVID-19 spending fueling speculative vacancies?
The push to get Americans vaccinated continues to pick up momentum. Governors and public health officials in more than 40 states have said they will meet or beat President Biden’s goal of making every adult eligible for a vaccine by May 1, and at least 30… Read More »Are Patent-Free Covid Vaccines a Possibility?
The current economic life of New York City is almost unrecognizable when compared to that of just a year ago. Faced with the collapse of the tourist and business travel industries, hotels that reported second quarter occupancy rates surpassing 90% in 2019, failed to hit… Read More »A New But Familiar Vaccine for New York’s COVID Economy
For many, including myself, this month marks one year since the COVID-19 pandemic began affecting our lives in earnest. On March 13, 2020, my older son descended the bus steps, elated to have (what we believed at the time to be) a full two weeks… Read More »A Year of Pandemic
The 2020 economic collapse was not due only to the Covid-19 disease, but more to the policy response to the virus. The optimal policy would have been to compensate all persons who suffered a loss. Then the economic losses from Covid-19 would have been shared… Read More »How the US Government Collapsed the Economy, and How to Build It Back Much Better
As has become the norm, the weeks since the publication of our December newsletter have been full to the brim with breaking news and accounts of personal struggle and heartbreak too numerous to begin to address here. Today though, two main stories capture the headlines:… Read More »Forging Ahead in 2021
How can a tax help rather than hinder an economic recovery? Believe it or not, a tax on land value would best stimulate economic recovery. A land value tax, like today’s property taxes, is based on the value of land when put to its best… Read More »The Tax We Need for the Pandemic Economic Recovery
There is little doubt that much of the turbulence and uncertainty in recent politics stems from the financial insecurity Americans are feeling. There are many explanations for this – the uncertainty in the current job market and the dramatic fluctuations in the American economy. One… Read More »Financial insecurity among the Public
This past September, tens of thousands of people, including myself, sheltered indoors. Not just because of COVID mandates, but to escape the forest fire smoke engulfing the west coast. The sky was an eerie blood-orange and the air quality index exceeded 500, an extremely hazardous… Read More »Using a Carbon Fee and Dividend: A Tool to Overcome the Climate Crisis
As we reach the finish line of 2020, many of us do so with a sense of relief and cautious optimism about what 2021 might bring. At the Robert Schalkenbach Foundation, 2020 was certainly not an easy year, but it was one marked by considerable change… Read More »Reflecting on 2020. Anticipating 2021!
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