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Economics

  • When Half Of NYC’s Tax Base Leaves And Never Comes Back

    When Half Of NYC’s Tax Base Leaves And Never Comes Back0

    The separateness in New York, and by extension much of the nation curled around it from America’s eastern edge, stands out. There are the hyper-wealthy and there are the multi-generational poor. They depend on each other, but with COVID who needs who more has changed. It’s easy to stress how far apart the rich and

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  • Cuba Loosens Restrictions on Private Businesses to Battle COVID-19

    Cuba Loosens Restrictions on Private Businesses to Battle COVID-190

    Over the past decade, Cuba’s private sector has experienced slow-but-steady growth thanks to a mix of entrepreneurial grit and incremental policy changes. Although the Communist government continues to waffle on the scope and duration of various restrictions, the number of self-employed Cubans has risen from 150,000 to 600,000 since 2010 – that is, until the

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  • BBC: Sweden’s Economy Is Trouncing the EU During COVID

    BBC: Sweden’s Economy Is Trouncing the EU During COVID0

    In July, The New York Times claimed that Sweden had made a grave mistake by not imposing a government lockdown as other nations did. “[Sweden’s] decision to carry on in the face of the pandemic has yielded a surge of deaths without sparing its economy from damage — a red flag as the United States

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  • How Government ‘Cures’ Drive Out Real Cures

    How Government ‘Cures’ Drive Out Real Cures0

    Scurvy, we all know, is a disease caused by a vitamin C deficiency. It took almost 200 years from the time a “lemon juice” cure for scurvy was discovered until it was promoted by the British government. Some think the mental biases that caused the needless deaths of millions have been eliminated in more “enlightened”

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  • Eviction Freezes Are Hurting the Little Guy

    Eviction Freezes Are Hurting the Little Guy0

    The months of quarantine and subsequent riots have brought changes few predicted. Calls to defund the police and the lawlessness of places like Portland have sent the sale of firearms through the roof. The closure of schools and move to distance learning have many parents and students taking a hard look at education, resulting in many new

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  • Gov. Cuomo Is Right to Worry Wealthy New Yorkers Won’t Return

    Gov. Cuomo Is Right to Worry Wealthy New Yorkers Won’t Return0

    New York Gov. Andrew Cuomo has a problem. His state is looking at a $13 billion budget deficit, and New York City residents are leaving in droves. Many wealthy residents have fled to the high ends of Long Island, while many working-class New Yorkers have split for new opportunities across the country. This has resulted

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