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That's not even close to what it's saying. It's saying people in places like SF don't want others coming in/and or want to maximize their home value, so they st
by boomshucka 11y ago
That's not even close to what it's saying. It's saying people in places like SF don't want others coming in/and or want to maximize their home value, so they stop new housing being built, which keeps supply of housing down and thus less people can live in areas where there are lots of work opportunities.
- AndrewKemendo 11y agoYou're thinking too narrowly. Your point is correct, but the broader point is that there should be those same work opportunities spread out around the country so that you don't have to move to SF or wherever to get a good job. That is what hurts the economy on a broader scale. Employment is "sticky" in that personal mobility can't move as fast as capital mobility and that seems to have led to concentrations of wealth.
- Symmetry 11y agoNetwork effects generally mean that the sort of work opportunities you see in SF or New York or Boston can't be spread around the country. EDIT: Heck, industrial network effects of the sort you saw in Pittsburgh and Detroit and now see in Shenzhen can't be spread around either.
- AndrewKemendo 11y agoRight, and stated as much in my original reply.
- boomshucka 11y agoNo, I'm simply not making the mistake of taking my own conclusions and assuming the author is making THAT point. Whether you are right or not, it's not the authors point with that line. NIMBY was the point. As for whether you are right, you might think this personal mobility v capital mobility is a clever sounding point. It's dumb. The idea that one simple idea has led to concentrations of wealth is absurd. It's useful in life to actually think things through, rather than parrot phrases you've heard in econ 101. You are literally clueless.
- dang 11y ago> It's useful in life to actually think things through, rather than parrot phrases you've heard in econ 101. You are literally clueless. Personal attacks are not allowed on Hacker News. Please don't do this again. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- boomshucka 11y agoThere is nothing in this link about personal attacks. "Be civil" is as close as it gets. "you're thinking too narrowly" is only slightly less civil than "You are literally clueless", which is something people say, face to face (see the bit after being civil?), frequently.
- dang 11y agoPersonal attacks are the height of incivility.
- boomshucka 11y agoThe statement "you are clueless" in response to "you are thinking too narrowly" is hardly the "height of incivility", especially when the comment of thinking narrowly was off base by a long way. The word "civil" is hardly well defined in the first place. You are wrong, didn't take into account the context, pulled the trigger too quickly, and now won't back off of it. This is the worst type of moderation.