Tuesday, September 27, 2016

There's a pony here somewhere

Here are Bryan Caplan's reasons for disdaining politics. I feel the same. In fact, I could add to it. But the point is made. This political season has not helped. The fact that Americans' cynicism towards politics grows is not a good sign. I have no idea if any of  this is reversible. Where do we go after Clinton-Trump? There are cliches about "hitting bottom" and then somehow bouncing back.

In all this it's good when politicians connect dots. We did have a short spate of de-regulation under Carter-Reagan. And that was it for a while.

So here is some good news. Almost everyone has by now seen hard evidence that restrictive land use policies are the cause of the widely lamented housing affordability problem. Green land use policies have had this effect since the UK 1947 Town and Country Planning Act. So in 2016, we finally get "Obama takes on zoning laws in bid to build more housing, spur growth." Is it a sign? We'll have to see.