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Capital Thoughts by Raymond Niles

Raymond Niles

Understanding the world through a free market lens.

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Substack
PricingOnly free issuesPublishesWeekly
Issues20Founded3 years agoLast Issue9 days ago
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Latest Issues

The High Cost of Light and Air: A Critique of Zoning

Walk through almost any beloved old Manhattan neighborhood and you quickly run into a strange fact: much of the city people love would be illegal to build today.

In 2016, The New York Times published an analysis titled “Forty Percent of th...

9 days ago
6

Revisiting Economic Liberty: A Dialogue with Ray Niles

Dear Capital Thoughts Reader,

I am pleased to have appeared on the podcast, The Secular Foxhole. The podcast episode is entitled, “Revisiting Economic Liberty: A Dialog with Ray Niles.” In this discussion, we delve into two of my recent Su...

22 days ago
8
3

First They Came (Adapted)

Text within this block will maintain its original spacing when published

First they came for the illegal aliens, hapless hardworking residents who overstayed a visa or could not abide waiting decades to get in legally;
And...
a month ago
7
5

Mayor Mamdani Discovers the Bankruptcy of Rent Control

Mayor Zohran Mamdani is already retreating from the logic of his own campaign promise.

He ran on a sweeping four-year rent freeze. Now, faced with reality, he is offering exemptions. His administration is reportedly preparing relief for ow...

a month ago
24
7

How to End Cronyism

The First Amendment Solved a Very Old Problem

Thomas Jefferson considered the Virginia Statute for Religious Freedom one of the great achievements of his life. It was so important to him that he wanted it listed on his tombstone. The st...

2 months ago
18
14

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  • Raymond Niles

    I am a PhD economist, professor, and author. Why capitalism? Because each of us can prosper to the limit of our potential, and benefit from others’ achievements through trade.

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