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The Myth of the Underpaid Minimum Wage Worker

One of greatest falsehoods that clouds the discussion over whether to raise the minimum wage is that these workers are underpaid compared to the value they provide to their employers.  Massachusetts...

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HUD’s Latest Proposal Brings Moral Hazard into Rental Housing

The 2008 Financial crisis was a costly lesson in the dangers that come with subsidizing risk. Fannie Mae and Freddie Mac are well recognized as the principal creators of moral hazard by reimbursing...

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Playing Politics With America’s Retirement

Social Security is both the largest program in the federal budget and one of the most fiscally unsustainable.  The program has already begun paying out more in benefits than it is taking in through...

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