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Whether you work or not doesn't cost me anything. But if you're hoarding a natural resource and playing games with the supply then you're costing me in increase
by olefoo 12y ago
Whether you work or not doesn't cost me anything. But if you're hoarding a natural resource and playing games with the supply then you're costing me in increased rents; not just for me but for everyone around me. Your actions are creating a negative economic externality that I am not being compensated for. Extracting rents is a form of theft from society; a diffuse and difficult to trace theft but real, damaging and if allowed to continue unchecked a threat to the stability of society.