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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...

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Internal 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...

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Paul 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...

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Urbanization 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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