Land Use Regulations and Potential Output
Large income disparities. Fiscal imbalances. Sluggish long-run economic growth. Just a few of the economic challenges that more sensible land use regulations can help to address. We’ve written before...
View ArticleInternal Migration, Convergence, & the Mortgage Interest Deduction
In his latest Bloomberg Businessweek column, Charles Kenny discusses the importance of internal migration to economic development: China alone has 140 million internal migrants, for example—most moved...
View ArticlePaul Romer’s National Academy of Sciences Lecture
Paul Romer delivered the 2011 Henry and Bryna David Lecture at the National Academy of Sciences. In it, he outlined a framework for thinking about the coevolution of technologies and rules and applied...
View ArticleUrbanization versus GDP per Capita
In a recent article on urbanization in China The New York Times presented this graph of the urban population share versus GDP per capita in a selected set of countries: The NYTimes article seemed to...
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