Viewpoints
Opinion

High Prices Are the Problem, but Socialism Is Not the Solution

High Prices Are the Problem, but Socialism Is Not the Solution
A sign advertises an apartment for rent in Brooklyn, New York, in a file photo. Drew Angerer/Getty Images
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Commentary
Criticism aside, New York City Mayoral candidate Zohran Mamdani deserves credit for identifying the high and rising cost of living as an important concern. But while his diagnosis is spot on, his prescription is unsustainable.
Marc Joffe
Marc Joffe
Author
Marc Joffe is a fellow at California Policy Center. He has previously covered California High-Speed Rail for Reason Foundation and the Cato Institute, where he was a federalism and state policy analyst. After a long career in the financial industry, including a senior director role at Moody’s Analytics, he transitioned to policy research, having worked until recently at Reason Foundation. Joffe’s research focuses on government finance and state policy issues.
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