Trump gets it right on zoning policies

Economic populism is at odds with free-market economics as the former attempts to rile up “the people” by pitching simplistic ideas that fuel resentments. The latter focuses on time-tested principles that make us wealthier and freer — even if they aren’t widely understood or popular with the broader public.

It’s encouraging, however, when those who trade in cheap populism see the light. A good example involves the housing market. Prices have soared nationwide because of government building...