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The Lighthouse®

The Lighthouse® is the weekly email newsletter of the Independent Institute.
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Volume 21, Issue 19: May 15, 2019

Richard K. Vedder (Forbes, 5/1/19)
There’s ample evidence that colleges and universities are placing less emphasis on academic achievement than they once did: Teachers and researchers are getting a smaller share of school resources, students are spending far less time on academics than a generation or two ago, and intellectual debate is stifled by a leftist monoculture. A product of decades in the academic trenches, Restoring the Promise: Higher Education in America offers detailed insights—and a path forward. READ MORE »

By John C. Goodman (Forbes, 5/2/19)
Health Savings Accounts are a great way to build reserves not just for medical expenses, but also for retirement savings. In fact, HSAs offer advantages that exceed those of 401(k) plans, traditional Individual Retirement Accounts, and Roth IRAs. Most HSA owners, however, seem unaware of these benefits, which is why the average HSA balance is only $2,000. READ MORE »

By Benjamin Powell (The Orange County Register, 5/11/19)
California Gov. Gavin Newsom signaled that he would enact statewide rent control if a new bill (AB 1482) reaches his desk. Unfortunately, the legislation, which limits rent increases to 5 percentage points above the rate of inflation, would hinder the real solution to the state’s housing problem: lifting government restrictions that thwart the supply of new housing. READ MORE »

Housing America
Building Out of a Crisis
Edited by Randall G. Holcombe, Benjamin Powell

Featuring Linda Royster Beito
Long before Martin Luther King Jr. rose to prominence, T.R.M. Howard created a mass movement in the Mississippi Delta that featured rallies, campaigns against police brutality and disfranchisement, and successful boycotts. A successful surgeon and entrepreneur, Dr. Howard also became one of the wealthiest African-Americans in Mississippi. WATCH »

T.R.M. Howard
Doctor, Entrepreneur, Civil Rights Pioneer
By David T. Beito, Linda Royster Beito

By Lenore T. Ealy
Private charity has tremendous but often neglected potential for advancing the general welfare in a free society. The Independent Review’s Spring 2019 symposium, “Exploring the Philanthropic Landscape,” sheds new light on a variety of contested issues related to charitable giving, comparative institutions, economic security, and individual flourishing. READ MORE »

  • Catalyst
  • Beyond Homeless