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City Journal
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Productivity Is Key to Our Economic Future

10+ hour, 38+ min ago  (515+ words) Whatever role AI will play, sustained growth requires pro-innovation policies. As uncertainty swirls around the global economic order, mounting public debt, and the future of immigration, something remarkable has happened: productivity surged. In the third quarter of 2025, American labor productivity…...

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A Simple Policy to Reduce Food Prices

2+ mon, 5+ hour ago  (261+ words) Repealing the EPA's biofuel boondoggle ought to be a no-brainer'but can reformers overcome the "liquid pork" regime? In this imaginary world of rational policy, the White House would order the EPA to roll back the RFS immediately, and Congress would…...

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Who Can Solve Our Housing Crisis?

2+ mon, 1+ week ago  (567+ words) State and local restrictions helped cause the shortage; rolling them back will help solve it. Produced annually by Harvard University's Joint Center for Housing Studies (JCHS), The State of the Nation's Housing report is a standard national reference. It paints…...

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Is Inequality Really Spiraling Out of Control?

9+ mon, 3+ week ago  (767+ words) More than a decade after the publication of Thomas Piketty's Capital in the Twenty-First Century, critics challenge the book's claims'and suggest growth, not redistribution, is the better answer. As Congress debates tax cuts and safety-net reforms in the One Big…...

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Bailing Out Chicago Would Send a Dangerous Message

2+ week, 2+ day ago  (417+ words) Taxpayers nationwide would pay the cost'and other mismanaged cities would get in line at the federal trough. Chicago has seen better days. The city is losing residents and businesses and is digging'itself deeper into debt just to maintain the status…...

City Journal
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Trump's Credit-Card Cap Would Crush the Economy

2+ mon, 1+ day ago  (567+ words) Similar moves in 1980 caused a recession and likely cost Jimmy Carter his presidency. Last month, President Donald Trump proposed capping the interest rate on credit cards at 10 percent as a way to help Americans save more. Members of Congress from…...

City Journal
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How Remote Work Led to Big Cities" Decline

5+ mon, 3+ week ago  (331+ words) Pandemic lockdowns and remote work have ignited the economies of small metro regions and rural areas, posing a challenge to big cities. More recent data show that this trend continued through 2024 and included prime-age workers and their families. Some of…...

City Journal
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Who We Are: Economics | City Journal Podcast

1+ mon, 2+ week ago  (1199+ words) Allison Schrager and Rafael Mangual discuss the nuances of conservative economics, the importance of free markets, the role of incentives, and the impact of regulation. They explore the philosophical underpinnings of economic thought, the significance of risk tolerance, and the…...

City Journal
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Two Encouraging Signs on the Economy

3+ mon, 1+ week ago  (644+ words) New business formation and rising investments in technology and equipment may point to future hiring and income growth. Two Encouraging Signs on the Economy New business formation and rising investments in technology and equipment may point to future hiring and…...

City Journal
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New York's Costly Regulations

2+ mon, 2+ day ago  (333+ words) Unless Mayor Mamdani applies market reforms, the city's affordability crisis will only deepen. "One in five workers must get a license, paying fees and often losing weeks or months to mandated training before beginning to earn income legally. " Business taxes…...