Economics

Center on Wealth & Poverty

Marbut-News-Nation-July-25

Robert Marbut Talks New Homelessness Executive Order on News Nation

Robert Marbut appeared on News Nation this afternoon to discuss President Trump’s new “ENDING CRIME AND DISORDER ON AMERICA’S STREETS” Executive Order. Marbut highlights the importance of funding drug addiction treatment, bunks the myth that the homeless will be thrown into jail, and discusses the reasons behind involuntary commitment.

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Urban homeless encampment with a dilapidated blue tent surrounded by trash on a sidewalk.
Image Credit: OMD - Adobe Stock

Discovery Institute Applauds President Trump’s Bold Action on Homelessness

The scholars and Fellows of Discovery Institute's innovative Fix Homelessness initiative applaud President Trump for signing Executive Order, "ENDING CRIME AND DISORDER ON AMERICA'S STREETS," a decisive step toward dramatically reducing homelessness across the United States. Read More ›
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Public Domain image at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:Newsom_April_2024.jpg

Gov. Newsom’s Broken Promise on Homelessness

Standing on an Oakland street flanked by legislative allies, California Gov. Gavin Newsom made a sweeping promise in 2021: California would eliminate family homelessness within five years. Backed by an unprecedented $75 billion budget surplus and $27 billion in federal stimulus, his administration committed $12 billion to the crisis, including $3.5 billion for housing units and rental subsidies. Read More ›
A geneticist developing gene editing techniques for disease prevention, lab with CRISPR tools, petri dishes
A geneticist developing gene editing techniques for disease prevention, lab with CRISPR tools, petri dishes
Image Credit: ColleAno - Adobe Stock

The Future Is Local for Research Funding

Given the Trump administration’s funding cuts to the National Institutes of Health and the National Science Foundation, the U.S. must rethink how it endows innovation at American universities. Read More ›
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Image from Gov. Bob Ferguson's Flickr account: https://www.flickr.com/photos/wastategov/54553971954/

Gov. Ferguson Strips Away Washington’s Appeal with Slate of Tax Increases

Gov. Bob Ferguson recently signed into law the largest tax increase in state history. It included a 6-cent per gallon increase in the gas tax. Washington already had the third-highest gas price in the country, exceeded only by California and Hawaii. Next, Ferguson approved a rent control package that limits rent increases. Any student of economics knows that if you restrict a business’s ability to make a profit, the business will stop investing. Read More ›
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Ants carry the leaves back to build their nests, carrying leaves, close-up. sunlight background. Concept team work together.
Image Credit: surasak - Adobe Stock

Disney’s Best Economics Cartoon

If you've overlooked A Bug's Life, you've bypassed one of the most uplifting films ever crafted. This animated triumph ranks among the most profound celebrations of libertarian principles on screen, championing the creative spark that drives human progress. It's perhaps no coincidence the film debuted in that innovative year of 1998, the same year as the founding of Google and PayPal, and the launch of the Apple iMac. Read More ›
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Seattle waterfront and skyline at dusk with gold light
Image Credit: Crin - Adobe Stock

King County’s Strategic Climate Action Plan: Your Taxpayer Dollars Wasted

On June 11, King County Executive Dow Constantine dropped the 735-page 2025 King County Strategic Climate Action Plan (SCAP) onto the desks of the King County Council members. SCAP shows that wasting taxpayer dollars on useless plans filled with what our neighbors to the north call “bafflegab” is alive and well. Read More ›
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Homeless Man Wearing a Sleeping Bag
Image Credit: Ryan - Adobe Stock

Reforms to Involuntary Commitment Law Can Save Lives

In its 2026 state budget, New York is putting a concerted effort behind addressing severe mental illness by expanding its involuntary hospitalization law and increasing the number of psychiatric beds. Washington state would do well to follow New York’s example. Read More ›
us-dollar-bills-floating-in-front-of-the-capitol-building-cr-967716766-stockpack-adobestock
US dollar bills floating in front of the Capitol building, creating a metaphorical image about politics, money, and power.
Image Credit: VK Studio - Adobe Stock

After Countries Go Broke

R211T Inaugural
Governor Kathy Hochul and MTA Chair & CEO Janno Lieber unveil and take an inaugural ride on the first R211T subway along the C line from the 207 St Yard on Thursday, Feb 1, 2024. (Marc A. Hermann / MTA)
Image by Metropolitan Transportation Authority from United States of America at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:R211T_Inaugural_Event_(53503185140).jpg

New York Governor is Right to Invest in Mental Illness Treatment

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A stack of gold coins with stock market graphs in the background on a digital screen
Image Credit: WINGGOD - Adobe Stock

Gold Stablecoins Coming Soon