3 ms·
Because it means that society is rationing resources at a level of scarcity well above the actual level of scarcity. It means that some of the potential utilit
by eli_gottlieb 11y ago
Because it means that society is rationing resources at a level of scarcity well above the actual level of scarcity. It means that some of the potential utility of just building more housing is being left on the table so that an artificial class conflict can be created between new and existing citizens.