Episode · Freakonomics Radio · 2024-07-29

Books mentioned on EXTRA: Why Rent Control Doesn’t Work (Update)

1 book · Listen · Watch on YouTube

A new proposal from the Biden administration calls for a nationwide cap on rent increases. Economists think that’s a terrible idea.

Books mentioned, in the order they came up

  1. The streets were paved with gold

    Ken Auletta · at 8:37

    Discussed
    “One of my favorite stories about this, and this is quoted by Ken Auletta in 'The Streets Were Paved with Gold,' cites Nat Sherman, the famous tobacconist, who said that he paid, I forget what it was, $355 a month for a six-room apartment. He said, 'Isn't that amazing?'”
    Where to get it