This week's current events:

• The U.S. is the lone member of the U.N. security council to veto a call for ceasefire in Gaza as the situation there deteriorate further
• Businesses remain unprepared for climate change risks
• The EU is set to pass landmark regulation on AI systems
• The Texas Supreme Court has denied an abortion to a woman whose fetus has a lethal genetic defect
• High speed rail gets $6 billion of investment from the federal government
• Drama in the House as Kevin McCarthy announces he will be stepping down
• The latest CPI report shows the economy turning the corner on inflation
• After championing immigration as its solution to demographic decline, Canada is on the brink of losing new residents to emigration

In this week's deep dive, we discuss public housing, including its history and its current iterations in a few different countries. We focus on a few specific examples, including Berlin, Vienna, New York, and France, to examine what kind of systems work and which do not. We compare publicly owned and developed housing to demand-side subsidies, a different approach to make affordable housing. Finally, we assess what kind of public housing program could ever succeed in the U.S.