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The most important thing about the big new federal housing law

Physicists have longed for a theory of everything, a single framework that would explain every force in the universe. After the better part of a century, they’re still looking. But social science, improbably, may have beaten them to it. In 2021, three British writers — John Myers, Sam Bowman, and Ben Southwood — published an essay in the progress-minded site Works in Progress arguing that a startling share of what ails the modern West comes down to one thing: too few homes built where people want to live. Slow growth. Widening inequality. Falling fertility. Obesity. Even climate chan...