It will be interesting to see how Trump critics handle Mr. Cain. He has the one quality Elizabeth Warren and other Democrats have chosen to focus on when it comes to a Federal Reserve nominee: he isn’t a white guy.
Mises’s insight into the importance of Cantillon effects can be further extended to explain not only income and wealth inequalities among individuals but also some rather curious developments in global industrial organization over the last few decades.
Some states have proposed overturning laws that ban local governments from using housing policies like rent control. Rent control is terrible, but there's no reason to believe state governments ought to dictate housing policy to local governments.