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[Opinion] Zohran Mamdani’s Racial Equity Plan Is Bad Economics

Summary
Earlier this week, New York Mayor Zohran Mamdani introduced his “Equity Plan”, presenting it as an answer to the city’s crushing affordability crisis. But the plan rests on a basic confusion: it mistakes redistribution for abundance. Instead of asking how the government has driven up the cost of housing, healthcare, and education through regulation and bureaucratic red tape, Mamdani assumes that affordability can be achieved through transfers an…
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  • 67% of the sources lean Right
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Spiked broke the news in London, United Kingdom on Saturday, April 11, 2026.
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