We are starting to see an equalization of rents across the region, with rents falling in expensive areas and rising in less expensive areas. This equalization will be brutal for the lowest income renters.
Irresistible click-bait hit screens across Washington last week, as US News and World Report declared that Washington is the Best State in America. And, woe to Louisiana, the Worst State in America. This is all baloney.
Looked at this way, we might see our traffic system not as a failure, but as a remarkable success. Cars and pedestrians share spaces millions of times each day and billions of times each year, with very few fatalities.
The most powerful tool in the arsenal of organized labor has always been work stoppage, or strikes. But this tool has declined precipitously in American life.
Unionization clearly has benefits for many individuals who work for unionized employers, in terms of higher wages. But for the economy as a whole, it is difficult to see where unions are making a big difference in the aggregate.