Repairing the Ladder: Toward a New Housing Paradigm
The problems of public housing and related subsidy programs are less the result of poor maintenance and design than a fundamental misunderstanding of the role which housing plays in social [...]
Financial Audit: Resolution Trust Corporation’s 1995 and 1994 Financial Statements
During the 1980s, the savings and loan industry experienced severe financial losses because extremely high interest rates caused institutions to pay high rates on deposits and other funds while earning [...]
Are Ghettos Good or Bad?
Spatial separation of racial and ethnic groups may theoretically have positive or negative effects on the economic performance of those groups. We examine the effects of segregation on outcomes for [...]
The Effects of Health Care Industry Changes on Health Care Workers and Quality of Patient Care
A number of recent studies have called for an overhaul of licensure for health care professionals. Common themes of these studies are increased flexibility in scopes of practice (much of [...]
Market Oriented Planning: Principles and Tools
Under urban planning in the United States, virtually every major development is subjected to the vagaries of the rezoning process and the uncertainties associated with legislative review by planning boards [...]
The Mounting Case for Privatizing Fannie Mae and Freddie Mac
Two of the largest government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), receive government subsidies estimated to be worth [...]
The Determinants of Residential Property Values: Implications for Metropolitan Planning
To inform metropolitan land use planning, this article reviews studies that examine the determinants of residential property values. The review suggests that property values provide a sensitive index of the [...]
Community development with endogenous land use controls
When competitive landowners/developers control incorporation and zoning decisions, efficient patterns of development emerge. When, by contrast, early arrivals control policy, they may impose zoning restrictions that force later entrants to [...]
Changing nature of physician licensure. Implications for medical education in California
Recent upheavals within health care delivery, technological advances, and changing attitudes among consumers have challenged and changed health professions licensure. At the same time, traditional regulatory frameworks remain in place. [...]
Stronger Protection or Technological Revolution: What is Behind the Recent Surge in Patenting?
We investigate the casue of an unprecedented surge of U.S. patenting over the past decade. Conventional wisdom points to the establishment of the Court of Appeals of the Federal Circuit [...]