The Mercatus Center at @GeorgeMasonU is the world’s premier university source for market-oriented ideas.

Arlington, VA
A new free dataset makes it possible to explore commuter market access across the U.S. in one place. How many jobs are within driving distance of a given neighborhood? How many potential workers can reach a specific work site? Now you can explore both.
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The US leads the world in pharmaceutical innovation, but Americans pay far more for patented drugs than patients abroad. How can those costs be shared more fairly without discouraging future breakthroughs? @SatyaMarar and @AldenAbbott1 examine the challenge in a new Mercatus working paper: tinyurl.com/ye8ep7wz
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Young people online say the economy feels terrible, while economists looking at aggregate data see a better picture. Why the disconnect? @BenGlasner and I discuss real wage growth and why economic experiences differ across generations.
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Austin, Texas cut housing red tape. Rents started falling in 2021. They are still falling. Other cities with tight regulations saw rents climb even when populations stayed flat. @mercatus senior research fellow Charles Gardner lays out what Austin did differently: lot size reforms, more density in existing neighborhoods, and a generally permissive attitude toward building. The results speak for themselves.
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.@mercatus is hiring an Arlington, VA-based Producer to manage the end-to-end production of podcasts, videos, and multimedia content. Ideal candidates have 3-5 years of professional podcast, video, or multimedia production experience. zurl.co/12eE5#TalentMarketJo… #LibertyJob
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Did the Fed get it wrong with one of its major policy shifts during the financial crisis? Economist @GeorgeSelgin boldly challenges conventional thinking and argues it’s time to reconsider the central bank's approach. Don’t miss his insightful discussion with @DavidBeckworth: bit.ly/3WyFfBk
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Tyler Cowen (@tylercowen) is the reason Works in Progress exists: without the Emergent Ventures grant he gave us way back in 2019, we would not have been able to get it off the ground. So I'm especially proud to have him join us as a regular contributor this month. We've always wanted Tyler to write for us, but the question has always been about what. He can and does already write (and podcast!) for the biggest publications, and Marginal Revolution and Conversations With Tyler are already gigantic platforms themselves. But there is one thing I always want to hear about from Tyler that he doesn't regularly write about for someone else: food. So we asked him to be our semi-regular food columnist, and to our delight, he agreed. Nobody has shown how much amazing food there is on one's own doorstep better than Tyler himself, but for this month's piece, Tyler writes about the home of the world's third-best Italian food: Brazil.
We’re delighted to announce that the one and only @tylercowen, our internet writing sensei, is joining Works in Progress as a regular contributor. worksinprogress.co/issue/com… His first column is about Brazilian food, and like everything Tyler writes, it’s packed with hidden gems that make it much more than a food story. Some of the nicest tidbits: on her first trip to Brazil, his daughter declared she had “never had a banana before” – this is how good Brazilian bananas are, apparently. And Tyler and a well-traveled friend from Modena (of all places) agreed that Brazil is the third-best country in the world for Italian food, behind only Italy and Japan. If an Italian says that, we’d better trust him! But as always with Tyler, he manages to draw larger lessons from apparently mundane and object-level stories. So, in a short read, we learn much more than just the fact that Brazilian food is really good. First, food can be seen as a progress story. Brazil’s agricultural yields rival, and sometimes beat, those of the US, even though Brazil is a much poorer country. Abundant fertile land, high productivity, and short supply chains make ingredients plentiful and fresh. Tyler’s regret is that the rest of Brazil’s economy hasn’t embraced technology the way its food sector has. We also learn how immigration shapes Brazilian cuisine. Brazil has roughly 2 million citizens of Japanese descent, which makes it arguably the best place outside Japan for Japanese food. Tyler had a 15-course omakase at a Michelin-starred São Paulo restaurant for $110, booked just half an hour ahead. Brazil is also home to about 30 million people of Italian descent, the largest Italian diaspora in the world, which goes a long way to explain why his Italian friend was so satisfied with the food. The whole column is a delight, so do read it in full!
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I'm skeptical that zoning explains as much of the housing crisis as most YIMBYs think. So I put my doubts to Salim Furth, who runs the housing program at the @mercatus Center at @GeorgeMasonU. Our conversation is here: homeeconomics.substack.com/p…
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New episode! Christina Skinner on the Financial Stability Oversight Council and Central Bank Independence @CParaSkinner is a legal and financial scholar at the University of Pennsylvania, a former Bank of England official, and recently stepped down from her role as deputy assistant secretary in the FSOC office at the Treasury. Christina returns to the program to discuss her work with FSOC, the relationship between economic growth and financial stability, AI and financial regulation, central bank independence, the importance of democratic accountability, and much more. piped.video/_FGS3GApozE?si=ccM9…
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X What can we know, how do we come to know it, and what does that mean for a free society? John Locke explored these questions centuries ago, and they remain relevant today. Henry Oliver, @RMLLowe, and @olivertraldi revisit his philosophy at Liberty Fund: bit.ly/4B6Xpdi
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Her grandfather went to prison for nine years for making and selling hats. @MissLiyaP now contributes to policies that let people earn a living on their own terms, and ten states have adopted the policy framework she helped develop. Read more about her journey:  hubs.la/Q04BkCK40
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Tyler's example and style inspired my podcast in the first place - was really fun to have him turn the tables
In which I guest host for the NYT podcast and interview @dwarkesh_sp, Dwarkesh Patel, about San Francisco and the future of AI: nytimes.com/2026/10/15/opini…
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Wichita is breaking the mold on starter homes. Duplexes have accounted for roughly 40% of new housing production over the past five years, with homes available around $180K. Mercatus scholar Salim Furth explains what other cities can learn from Wichita on the @ShowMe Institute’s podcast. 🏠
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For first-time buyers, these homes offer a chance to build equity and get a foothold in the housing market. But local regulations can make similar homes difficult to build elsewhere. Watch the full conversation on housing reform: showmeinstitute.org/article/…
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In which I guest host for the NYT podcast and interview @dwarkesh_sp, Dwarkesh Patel, about San Francisco and the future of AI: nytimes.com/2026/10/15/opini…
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Catch up on Humane Pursuits, hosted by Mercatus research fellow Garrett Brown: humanepursuits.substack.com/
🎧 Seventeen episodes of Humane Pursuits so far: academic freedom, the pursuit of happiness, church and state, Adam Smith, the Revolution’s great historians, pluralism, property rights, humanomics, fusionism, and the modern university. Link in profile.
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Who does the @NorgesBank pose better? Amazing day at the Norwegian central bank learning about their operating system with (left to right) Knut Kolvig, Arne Kloster, Martin Bjørlo, and @kjetil_stiansen. The @NorgesBank ran a floor system 1993-2010, saw the problems it created, and therefore moved to tiered reserve system in 2011. Big lessons for the Fed as it reconsiders its operating system. (1/2) @paulwinfree
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Austin added 23.6% to its housing stock from 2020 to 2025. Providence added just 2.5%. The chart shows the difference: Rents are falling in places like Austin that built more housing and rising in places like Providence where construction lagged. 🧵
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Denver and Austin grew their housing stock by 9.5% and 23.6%, respectively. Philadelphia and Providence grew by just 3.7% and 2.5%. Less strict housing rules and simpler approval processes can help explain why some places build more homes and respond better to demand.
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Housing Reform in the States: A Menu of Options for 2027 outlines 18 policy options across three areas: • Reverse regulatory overreach • Improve legal frameworks • Update construction standards 🏠 Read the full research: tinyurl.com/3x8dsj7t
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