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We face a mixed picture for the recovery of competitive federalism.
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“Stoller and Quintero may well be right that home-builder concentration does reduce housing supply and raise costs, but it hasn’t been proven yet, and it’s at best a minor factor compared to the zoning restrictions.” ~Jason Sorens
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“New Hampshire is the most fiscally decentralized state in the country, with about two-thirds of the total tax burden being municipal…Households have a lot of choice about where to live, and they exercise it.” ~Jason Sorens and Judge Glock
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“States like Texas and Florida, prioritizing low taxes and minimal regulation, have created environments where businesses can thrive. This is reflected in their strong job growth and relatively low unemployment rates.” ~Vance Ginn
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“While we continue to impartially and vigilantly assess incoming data, our current analysis still points to a recession occurring before September 2024 as the most probable scenario.” ~Peter C. Earle
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“As the study and measurement of inequality progresses, Piketty’s (and his team’s) main estimates have become obsolete and might be properly consigned to the field of the history of economic thought.” ~Phil Magness & Vincent Geloso
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“The constituents of the Thanksgiving Cost Index include turkey, sauces and gravies, bread, canned fruit, vegetables, and pies and cakes.” ~Peter C. Earle
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“US history instruction, including at the college level, is badly out of sync with the scholarly literature on the Great Depression. History textbooks show little cognizance of the leading economic explanations for this famous event.” ~Phil W. Magness
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“While CRT may have been a niche subject as recently as the 1990s, academic journal citations of CRT scholars exploded around the time of the ‘Great Awokening’ (2013-2014).” ~Phillip W. Magness
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Paul Mueller recently joined AIER as Senior Research Faculty. He spoke with Kate Wand and Liberty Curious to discuss the 2008 Financial Crisis: “Everything we’re seeing around us is a fallout from that crisis.”