Pre-pandemic economy was reaching unprecedented heights for Black and Hispanic Americans, new data show
The grim and isolated life many Americans have adopted during the ongoing COVID-19 crisis is often referred to as the “new normal.” But when it comes to the economic side of the pandemic, we...
INFOGRAPHIC: Battle of will
Launching from the bestselling 2008 book, Nudge, by Thayer and Sunstein, nudging became a cultural phenomenon. The concept assumes that behavior is better persuaded than regulated. Sounds good, but does it work?
400+ behavioral insight...
Who pays more taxes?
Benjamin Franklin wrote toward the end of his life, that “in this world, nothing is certain except death and taxes.” But while we’re all in the 100 percent death bracket, the federal income tax’s...
Is the U.S. dollar finished?
In August 2005, a little-known financial analyst named Richard Bove issued an eight-page report for Punk, Ziegel, and Company, a boutique investment bank based in New York City.
The report, titled “This Powder Keg Is...
That which makes life worth living
The above words are those of T.S. Eliot. He’s not referring to wealth, liberty or even experience. What makes life worth living in the mind of T.S. Eliot and other great thinkers, is culture....
When lying is normalized
Some researchers point to group decision-making processes or psychological traps that snare leaders into justification of unethical choices. Certainly those factors are at play, but they largely explain dishonest behavior at an individual level...
Categories hit hardest by inflation
Despite inflation cooling to the lowest level in more than three years in July, there’s no way around the fact that consumer prices in the United States have risen sharply over the past three...
The affordability conundrum
A recent report by the Urban Land Institute has shined a light on recent growth in renter-by-choice households that is setting the past few years apart from prior cycles. The number of renters with...
Your gut instinct is no longer a competitive differentiator
As data becomes easier to attain, the relationship aspect of commercial real estate is becoming less of a competitive differentiator.
Despite the long-awaited and much-heralded embrace of tech in the CRE industry, there are still...
EPA signals retreat from controversial ‘secret science’ rule
The U.S. Environmental Protection Agency (EPA) is dropping plans to issue a final version this year of its divisive plan to limit the agency’s use of scientific studies in crafting major new regulations, Administrator...
Rent control is illegal
New York City recently implemented its far-reaching Housing Stability and Tenant Protection Act of 2019. That law enacted extensive amendments, all plaintiff protective, to New York’s 1969 Rent Stabilization Law (RSL). The Act imposes...
Is land-use regulation holding back construction productivity?
Ed Glaeser is perhaps the pre-eminent urban economist working today, and I’ve cited his work repeatedly when looking at land-use restrictions and burdens on new development.
So I was very interested to see he’s coauthored...
Marijuana use among U.S. workers jumps to historic high
American workers using marijuana on the job rose to a historic high last year, according to a new study.
Diagnostic information service Quest Diagnostics released a report in May analyzing over 6 million employee urine...
INFOGRAPHIC: Grinding housing into votes
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Landlords rarely escape the machinations of politics. Just how far will tinkering with free markets go this election cycle?
In an election-year effort to shift responsibility for the nation’s high costs of living away...
Waters of the United States: The battle rages
WOTUS: Supreme Court
On January 18, U.S. EPA and the Army Corps of Engineers issued a final WOTUS rule that will overlap with a forthcoming U.S. Supreme Court ruling that will define jurisdictional waters under...