Why Is Zohran Mamdani Ridiculed, Kevin Hassett Revered?

Fed officials rate as much ridicule as does New York City Mayor-elect Zohran Mamdani. Arguably central bankers rate more.

To see why, stop and contemplate how politicians, pundits and economists have fallen all over themselves to elevate their own grasp of basic economics via Mamdani’s rhetorical confusion. Doesn’t New York City’s socialist mayor know that “rent freezes” and other attempts to decree cheap what is not cheap will result in scarce supply of the very apartments Mamdani wants to decree affordable? …

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