4 ms·
Absolutely, I was speaking in generalities. I actually think the bigger problem is artificial scarcity. Say you and someone else are bidding on a house. Your j
by CalRobert 2y ago
Absolutely, I was speaking in generalities.
I actually think the bigger problem is artificial scarcity. Say you and someone else are bidding on a house. Your job is a net good to society and pays x, and someone else has a job which is a net harm and pays 2x. Now you need to decide whether you want a home or want to do something good.
This is only possible because homes (which are not hard to build) have an artificially constrained supply.