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People also like stability and it's bad to make people's lives unstable without a really really good reason. Kicking elderly people out of their homes to save a
by immibis 1y ago
People also like stability and it's bad to make people's lives unstable without a really really good reason. Kicking elderly people out of their homes to save a few minutes commute for each other person doesn't seem like a good exchange. I'm sure you can come up with utility numbers that make it look good, but it still seems bad.
- adverbly 1y ago> People also like stability People liking something isn't how we should determine our incentive structure. People like gambling and smoking, but that doesn't mean they're good! If something is a drain on productivity, we want less of it. In fact, this very argument is why LVT is so awesome! You can tax land without reducing its supply meaning it has zero deadweight loss! This is why economists love LVT, and why many call it the "least bad tax".
- immibis 1y agoIf all you want is productivity, raise food prices until the poor die of starvation.