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The market is simply a tool. It's not infallible. It is a very powerful framework, and enables amazing things. However, left unchecked, it will also create unde
by dwaltrip 7y ago
The market is simply a tool. It's not infallible. It is a very powerful framework, and enables amazing things. However, left unchecked, it will also create undesirable outcomes or side effects. Negative externalities are a real thing.
In this specific case, perhaps you are right, I can't say.
But your wide-sweeping declarations and general tone reveal your own harmful ignorance.
- kortilla 7y agoWe’re talking about rent control, a system designed to attempt to dictate that supply and demand doesn’t exist via a law. A system with no economic foundation that creates worse housing everywhere it’s implemented.