California is Conflicted

California is conflicted about building rental housing for our low-income residents. Not everyone can live in paradise. Life is not fair. Will we admit that we’re not willing to pay to subsidize our less fortunate neighbors? California would like for someone else,...

How much does it cost?

Life is full of trade-offs. We’re fighting the coronavirus pandemic. So, we trade the economic cost of “flattening the curve” against the lives saved. We trade the debt we leave for our grandkids against mitigating economic disruption. Acknowledging these trade-offs...

Unintended Consequences

I accepted my friend’s invitation to a sunset kayak paddle and then dinner. Most of my kayaking is open ocean, and often for several days. You must take an array of safety equipment on a trip like that.  You take a head lamp, flares, first aid kit, warm clothing, and...

Compassion and Comparative Advantage

Income and wealth inequality have grown in the last fifty years. On National Public Radio a professor in favor of inclusionary housing dismissed the data which seemed to say inclusionary housing policies decreased the rate of construction in the inclusionary housing...

Public Issues: California’s Housing Shortage

You can’t have a conversation about the housing situation in California today without the words “shortage” or “crisis.” National media love to write about our “astronomical” housing prices and rents. Unfortunately, the crisis is real, and Californians don’t seem to...