Yesterday the NY Ct of Appeals (NY's highest court) ruled he retroactive application of part of a rent control law violated substantive due process.

Extremely rare win for economic liberty in NY.

Of course, the dissent invoked what case? Lochner! 1/

https://www.nycourts.gov/ctapps/Decisions/2020/Apr20/1-2-3-4opn20-Decision.pdf

Majority responds "Oh no, this isn't Lochner. We agree Lochner would be really bad!" Cc: @ProfDBernstein But does stand up for meaningful rational basis.

Narrator's Voice: "Lochner" does not equal all constitutional limits on economic regulation. Also, Lochner wasn't bad. 2/

Also, this case tells me you need a PhD in nuclear physics to understand NY rent control laws.

Note to self: Never ever own property in New York.