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Rent control still does not work well

In 2022, politicians in Minneapolis and St. Paul voted for rent control. I said that would lead to bigger problems. Was I right? My update video reveals what happened. St. Paul politicians pushed rent control, saying rent caps would stop “unfair profiteering.” But what the heck is “profiteering,” and how is it different from “profit”? Who decides what is “unfair”? The opportunity for profit is what persuades people to invest in things. And build things. If enough people invest in new housing, rents will stop shooting up. That’s just how markets work. ...

Progressive regression and the new medievalism

For most people, the story of the medieval world was one of cramped cities, constant violent crime and episodic outbreaks of deadly plagues — the dividends of unclean urban conditions, rotting food, fouled water, open sewage, and unchecked rats, fleas, and lice. Most of each day was spent simply trying to survive until the next. Castles and walls dotted the landscape to protect kingdoms from marauding tribes and foreign invaders. City gates were usually closed at dusk to keep out nocturnal marauders. Public executions drew massive crowds. And religious schisms and conflicts often ...

Remembering how Americans united after attacks of 9/11

“Never forget.” What did we mean, when we declared as a country that we would forever remember the events and lives lost on Sept. 11, 2001? What do those words mean to the people born afterward? They are Gen Z and Gen Alpha, now. All they know is what they read in history books, what ...

We’re living longer, but perhaps not always better

As Ohio’s population ages, the number of older adults who need at least a little help is increasing, while the number of people qualified to offer that help is dwindling. It’s a nationwide problem — by 2030, the number of Americans over age 65 will be greater than the number of those under 18. According to a report by the Ohio Capital Journal, that problem is already evident in the Buckeye State, where the population has been aging since the 1990s. “Our health care is a triumph of human ingenuity, but while we’re living longer, we’re spending more years in less than good ...

What does ‘Never Forget’ mean?

On Sept. 11, 2001, I was a 12-year-old boy living in England. Because of the five-hour time difference, I first learned that something had happened as the school day drew to a close. It wasn’t until I got home later that afternoon that I saw the images of the Twin Towers burning thousands of miles away and watched them collapse in a hellish explosion of steel and concrete and glass and ash. And I just didn’t get it. Yes, I knew it was bad, and I knew it was unprecedented, and I knew it was scary, but as a child, I had absolutely no understanding of the gravity of what had just ...

Jobs and manufacturing are on the ballot

American manufacturing is on the rebound, and that good news could hardly come at a better time for President Donald Trump, as Republicans gird themselves for the midterm elections just two months from now. Not that manufacturing is the only sector that’s on a hiring spree — businesses across the board added 162,000 new jobs in August. Even The New York Times calls the latest employment numbers “zesty.” The paper quoted T. Rowe Price’s chief U.S. economist, Blerina Uruci, saying: “It’s a very good report; I can’t emphasize that enough. And it perhaps shows that ...