Downtowns are dying, but we know how to save them
Even those who yearn to visit or live in a walkable, dense neighborhood are not going to flock to a place surrounded by a grim urban dystopia.
For decades, Los Angeles business and political figures have focused their attention on creating a sleek, vibrant downtown. The common thought, as the late Eli Broad suggested, has been, “a great city needs a great downtown.”
This notion of a revived downtown is still embraced by booster groups and the Urban Land Institute. Yet despite the huge investment in such things as the convention center, Crypto.com Arena and a downtown-centric subway system, the core remains more dystopic than great.
Economic Dynamism
The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
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The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
The Housing Crisis
Soaring housing costs are driving young people towards socialism—only dispersed development and expanded property ownership can preserve liberal democracy.
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America Needs a Transcontinental Railroad
A proposed merger of Union Pacific and Norfolk Southern would foster efficiencies, but opponents say the deal would kill competition.
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California’s Proposed Billionaire Tax and Its Portents for Normal People
The deeper significance of California's billionaire tax is in how it redefines what it means to own property in the United States.
The Civitas Outlook Energy Symposium
Energy policy in America has become, over the past few decades, one of the most fraught debates in American politics.
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