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Small Business Administration Hurts Local Economies, Study Suggests

Searching for evidence of causal links between government subsidization and economic growth, findings contained within a research paper released by four economics professors this month suggests that the Small Business Administration (SBA) — a federal government agency whose stated mission is to “to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses” — may hurt local and regional economies, as opposed to delivering an economic boost to...

“Tiny Housing Movement” Pits Millennials against Regulators

Advocates of the growing “micro-housing movement” seek to promote smaller housing alternatives for people pursuing simpler lifestyles. “Micro-apartments” and “tiny houses” are typically less than 300 square feet in area, a fraction of the average American home’s 2,600 square feet. Often weighed down by credit cards and student loan debt, millennials in particular find these minimalist dwellings — many selling for $23,000 or less — an attractive path to homeownership,  in lieu of 30-year...

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