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I feel the complete opposite. Rent/price controls never worked well (too many unintended consequences), it's time to try something new.
by rjtavares 13y ago
I feel the complete opposite. Rent/price controls never worked well (too many unintended consequences), it's time to try something new.
- tomp 13y agoYou might be right, but your reasoning is not good. Only in a (local) minimum you can improve by choosing any direction; otherwise, you might go down as well as up. If rent/price controls are not working, it doesn't follow that basic income will improve the social inequality and reduce poverty.
- anExcitedBeast 13y agoIt's stunning how much rhetoric is founded in the politician's syllogism.
- rjtavares 13y agoThink of it this way: we're near a local optimal point using the current policies, and we're not going to dramatically improve if we just keep using a gradient descent type algorithm. It's time to start fresh and aim for a global optimum instead of just the local one we've been living with for so long. Is it guaranteed that we'll find it? No. Is it worth it? In my opinion, yes.
- bolder88 13y agoThere's trying something new, and there's complete idiocy. This is the latter. It's dangerous and very worrying that people are trying to repeat mistakes.