Jason Sorens

Taxing vacant properties may be politically appealing, but they have little effect on rents while creating new economic distortions.

A real-world example shows how taxes eat into marginal income, steering workers toward lower-paying but more-pleasant jobs.

Americans prefer to live where they can keep what they earn and be left alone—even if the freebies are better elsewhere.

Building a business out of your garage is a quintessentially American origin story. In many places, it’s also against the law.