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Why Rent Control Fails: Lessons From New York To Portland
Why Rent Control Fails: Lessons From New York To Portland
Authored by Tom Wilson via The Mises Institute,
Housing costs in New York City have reached a level that many people can no longer afford. The response has been to push for more control—limits on rent increases and expanded tenant protections. The intention is clear. However, housing markets respond to incentives, not intentions.
Under Zohran Mamdani, New York City is moving further in that direction.
The focus is on limiting rent increases, expanding tenant protections, and increasing the role of government in the...
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Jul 12, 2026 / Tyler Durden
Trump Admin Subpoenas New York Times Reporters Over Coverage Of New Air Force One
Trump Admin Subpoenas New York Times Reporters Over Coverage Of New Air Force One
The Justice Department issued grand jury subpoenas on Friday to four New York Times reporters, ordering them to testify in Manhattan on Wednesday about stories describing security gaps in the new Air Force One. Federal agents showed up at some of the reporters' homes to deliver the subpoenas in person, a detail that has The Times claiming amounts to government intimidation.
The four subpoenaed journalists are Julian E. Barnes, Eric Lipton, Tyler Pager, and Eric Schmitt. Jay...
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Jul 6, 2026 / Tyler Durden
UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying
UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying
The United Arab Emirates raised its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94mmb/d, just shy of the record hit in late 2025.
June's output was the highest since April 2020, according to Reuters estimates, exceeding levels seen before the...
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Apr 26, 2026 / Tyler Durden
Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need
Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need
Submitted by QTR's Fringe Finance
When the Fischer-Price My First Mayor™ of New York Zohran Mamdani chose to film a “tax the rich” video in front of a Manhattan penthouse owned by Citadel CEO Ken Griffin, he wasn’t just celebrating “tax day”, he was making a policy argument.
Mamdani was making a choice about his tone (dickish), about targets (“people with more money than me are bad”), and about how the city signals to the very people it depends on to fund its...
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