3 ms·
Everything in moderation. A big part of political-economic maturity (for me at least) realizing that just because the supply/demand lines from your Econ 101 cl
by jbooth 16y ago
Everything in moderation.
A big part of political-economic maturity (for me at least) realizing that just because the supply/demand lines from your Econ 101 class don't line up, doesn't mean that something is worthless. It could be that you're not measuring everything. Culture matters, preserving social mobility matters.
- wazoox 16y agoWell, to be perfectly exact, in the real-world, for a limited duration, controlled rent can work fine. It just has been applied without discernment too many times.
- jbooth 16y agoSure, you can screw up anything, and I certainly wasn't saying "everything should be rent-controlled". Just kinda irks me when someone comes in with the Econ 101 argument regarding a policy that's being implemented by people with advanced degrees in city planning. These people took Econ 101, and know more about the subject than you or I. They could still be wrong, of course, but it's not for a silly simplistic reason like that.