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economy

Economists Are Right To Hate Rent Control

Progressives keep trying to rehabilitate the reputation of rent control, and often misuse existing research to make their case that it's an effective policy with few, if any downsides. The most recent example comes in the form of an essay for The...

Economists Hate Rent Control. Here’s Why They’re Wrong.

The following OpEd was published in The American Prospect by Prof. Mark Paul As any Econ 101 student can tell you, rent control is bad. This is because rent control is a price control, and price controls artificially distort well-functioning markets, resulting in a...

Republicans take aim at Biden’s climate plan in debt ceiling fight

Amid warnings about looming fiscal catastrophe, the GOP is attempting to use Biden’s climate agenda as a bargaining chip over raising the debt ceiling – even if it could hurt Republican voters... “Republicans unfortunately are not allowing government to function as...

Upgrades buoy New Jersey with potential recession ahead

New Jersey faces the uncertain economic conditions ahead with historic reserves, a trimmed-down debt profile, and a slew of upgrades from the major bond rating agencies. The state has received six upgrades in a little over a year, including four in April alone,...

Economic Doubts and Downturn?

Although a solid 263,000 jobs were created nationwide in November within the context of a 3.7% unemployment rate, the US and New Jersey economies are nonetheless facing headwinds: Inflation remains high and the federal reserve’s attempts to control it by raising...

NJ Money Worries: What You Should Expect to Happen in 2023

With the start of the New Year right around the corner, a lot of New Jersey residents are wondering what’s in store for them economically in 2023. According to Rutgers University economist and Dean Emeritus James W. Hughes, the New Jersey economy will do OK at the...

Republicans are likely to seize control of at least the House

One factor that could hamper the political relevance of economic issues, such as inflation, is that voters might not have high expectations of their elected officials to actually address them, regardless of their party.  "While the economy is on everyone's radar and...

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Join us for an alumni mixer in #JerseyCity on Thursday, June 6th at Zeppelin Hall Biergarten. Parking for Zeppelin Hall is FREE - more information can be found here: https://zeppelinhall.com/map/. This […]