Economics

Center on Wealth & Poverty

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Seattle Urban Sprawl with colorful trees in autumn - aerial

Sensible WA Tenancy Laws Will Help Housing Stability

The common reality shared by housing providers across the Greater Seattle region is that housing instability has been furthered by policies that restrict providers' ability to speedily evict tenants who threaten the peace and safety of their neighbors. Read More ›
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Sample social media app interface on mobile phone showing shared video content

Does President Trump Have It Wrong on TikTok?

Trump is mistaken if he thinks that the restructuring of TikTok can be pulled off quickly, given the risk of residual backdoors to China that are likely baked into the system. Everyone understands that Facebook harvests data from users' devices even when they are not on the Facebook site. According to Sam Faddis, a 20-year veteran of the CIA, TikTok is four to five times more intrusive than Facebook in harvesting data from Americans who have downloaded the TikTok app. Read More ›
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Hundreds kilos of gold stolen during war in Europe found on unknown place

Gold Is Still Your Only Monetary Alternative

Today, we are seeing a lot of the institutions and bad ideas of the Post World War II Consensus breaking down and collapsing. Among these is the rather stupid notion that economies should be managed by some combination of currency and interest rate manipulation, and “fiscal stimulus” spending that amounts to utter waste, for the simple reason that it has no justification except as “stimulus.” These are the conclusions of “Keynesianism,” which has been taught in all universities since the 1940s. Read More ›
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Man with addiction sharing mental health issues with group at aa meeting, talking to therapist. People having conversation about depression and rehabilitation at therapy session.

Wednesday, 6:30 a.m. at Springs Rescue Mission in Colorado Springs

My columns over the next few weeks will become part of an eventual book, but before too long goes by, it’s time to describe how I spent part of my summer vacation in 2024. The summer prior, I had enjoyed the great beauty of the Colorado Springs area, including the Garden of the Gods, with its beautifully soaring red rock sandstone formations at 6,400 feet above sea level. It’s the number one park in the United States, according to Trip Advisor, but my Colorado Springs sojourn this past summer was on run-down Las Vegas Street. Read More ›
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Robert Marbut Discusses Seattle’s Homelessness Crisis on the John Curley Show

In Seattle, the number of people experiencing unsheltered homelessness is on track to double in just the next three years. Robert Marbut appeared on KIRO Newsradio’s John Curley Show to discuss the policies that have exacerbated the crisis and the solutions available to the city and county. Discovery Institute released a report last November detailing our policy recommendations for the Read More ›

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The YIMBY Movement Faces Challenges on Both Sides of the Aisle

“Yes In My Backyard” — if the phrase has yet to enter your lexicon, the YIMBY movement is a growing cultural and political response to its predecessor, NIMBY (“Not In My Backyard”). As the nation faces a shortage of nearly 4 million homes, a pro-housing response is understandably on the rise. And while the YIMBY movement has garnered impressive traction on both sides of the political aisle — Harris and Trump have both vocalized pro-housing development sentiment — it is also not immune to criticism from both sides. Read More ›
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cheerful boy play game or closeup of playing cards in kid hand indoor

A Fistful of ACEs

An ideological war about homelessness is raging. Many on the right say substance abuse and mental illness cause homelessness. Many on the left emphasize the cost of housing. Those factors are real, but while living among and interviewing 80 men and women who had suffered long-term homelessness in Missouri, California, and Colorado, I learned more about what both sides underestimate: the impact of ACEs (“adverse childhood experiences”). Read More ›