Tax the Rich . . . Until They Leave: Mamdani and Rent Control
Richard Epstein takes aim at NYC Mayor Zohran Mamdani’s push for rent control and higher inheritance taxes, arguing that both policies punish landlords, shrink housing supply, and ultimately drive wealth—and people—out of the state. From empty apartments and collapsing incentives to interstate tax competition and capital flight, Epstein lays out a stark warning: policies that sound compassionate in the short run can devastate cities over time. A sharp, unsparing look at markets, incentives, and the high cost of getting them wrong.
The Libertarian
Politics
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Is American Nationalism Still Creed-able?
We are not there now, but there is reason to worry that the United States is in danger, if we are not careful, of ceasing to be a nation with the principles of 1776 at its core.
National Civitas Institute Poll: Americans are Anxious and Frustrated, Creating a Challenging Environment for Leaders
The poll reveals a deeply pessimistic American electorate, with a majority convinced the nation is on the wrong track.
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New York’s War on its Jews
It can happen on any street corner or at any transit stop and increasingly does: a young man with a yarmulke is assaulted for no apparent reason.
Rail Giants Hate the $71 Billion Merger. The Rest of Us Should Love It
Based on the record, the case for approving the merger is even stronger than when it was first announced.
Can Britain’s Next Prime Minister Escape the Net Zero Trap?
Britain has burned through five Prime Ministers and is paying some of the highest electricity prices in the world.
The Scanner at the Gate: Europe’s China Policy Litmus Test
China’s industrial policy is entering Europe through public procurement—and reshaping sensitive markets from within.
Confronting the New Antisemitism
"The postwar effort 'to rebrand Judaism as a religion' has made it impossible for American Jews to understand what they are facing today, because what we are facing today is an attack on the idea of Jewish peoplehood.”
“Democratic” Socialism Is Undemocratic
By promoting class hatred, suppressing private initiative, and seeking enhanced control of our lives, today’s democratic socialists undermine patriotism and individual initiative—two qualities that have long distinguished the United States from other major nations.
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