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John Cochrane looks at the prospects that we’ll successfully reopen the economy without setting off another round of coronavirus outbreaks, explains what’s behind the models that got the virus’s trajectory so wrong, and explains how emergency economic measures could come back to haunt us in the future.
John Cochrane examines the government’s role in housing, from restricting development to subsidizing low-income options to giving preferential treatment to homeowners. The good news? Some of the more extreme distortions are generating a backlash that may lead to more affordable housing in the not-too-distant future.
In the inaugural installment of The Grumpy Economist podcast, John Cochrane explains why concerns over economic inequality in America are vastly overblown, why a wealth tax is an especially pernicious form of taxation, and why anxiety over the super-rich playing a disproportionate role in American politics are misplaced.