davidf18

68 ms·

361.
by davidf18 10y ago
I realize that he knows about rent seeking and Ricardo. He was addressing the issue of high housing costs and the question to ask is, why didn't he address the solution which is to reverse the rent-seeking that benefits wealthy landow
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by davidf18 10y ago
> "Ricardo's law of rent shows that indeed, even without artificial scarcities imposed by regulation, rent can go up forever as long as productivity is rising." The rent-seeking that he established states that political re
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by davidf18 10y ago
Thank you. This is a great read and this is the suggestion Economist Cowan should have offered. "Harding wrote in the article, the city had 142,417 housing starts in 2014, which was “more than the 83,657 housing permits issued in the
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by davidf18 10y ago
> "Even a lot of bay area renters are anti-development." They might be receiving some sort of rent control so that their rent is far below the market price. I know there are a number of people in NYC that live in rent-controll
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by davidf18 10y ago
I love how many of the very people who claim to be critical of Trump and his wealth are the very people who help support zoning density restrictions that have made him far, far wealthier than he would otherwise be. If they started caring f
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by davidf18 10y ago
> "You call them rent seekers, but the vast majority of the anti-builders" Many people have the vast majority of their wealth in their homes and as such want laws that increase the value and not laws that decrease the value by
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by davidf18 10y ago
> Or more accurately, why would the powers-that-be in a given area want to do this? Well, they generally would not. Except there are firms that must pay salaries that are not in real estate that have to pay their employees higher salari
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by davidf18 10y ago
There are laws and regulation that protect people from harm, e.g. product safety, physician licensing, FDA drug approvals, food inspections, etc. Then there are regulations that help special interests get an unearned portion of wealth. Tha
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by davidf18 10y ago
The author of the article is a professor of economics but doesn't state the true cause of rising housing costs: Market inefficiencies (or market failures) caused by politically induced market scarcity restrictions called "rent-se
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by davidf18 10y ago
Mobile VR or Augmented VR could be cool.
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by davidf18 10y ago
> From the article: "Recently, for example, Ms. Raggi joined a kind of rear-guard protest by taxi drivers in central Rome against Uber and car-hire services, even as the demonstrators clashed with the police and threw cherry bombs.
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Rome Defies New Anti-Establishment Mayor with the Same Old Problems(nytimes.com)
1 points by davidf18 10y ago|2 comments
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Italy’s Struggling Economy Has World’s Healthiest People(bloomberg.com)
15 points by davidf18 10y ago|4 comments
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by davidf18 10y ago
Another important article pointed to by this Editorial: https://www.nytimes.com/2016/06/12/us/laid-off-americans-req...
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H1-B Visa Abuses Harm American Workers(nytimes.com)
3 points by davidf18 10y ago|5 comments
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by davidf18 10y ago
Or would could enforce the law. The H1-B Visa program was intended to fill jobs for which there were no Americans with those skills desired. There should be some sort of approval process from an institution or firm that does not have a con
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by davidf18 10y ago
Another article explaining how colleges graduate twice as many STEM workers as there are jobs. http://www.pbs.org/newshour/making-sense/the-bogus-high-tech... EDIT: (from the article) "Currently, U.S. colle
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by davidf18 10y ago
Receiving taxpayer funded benefits such as K-12 education or health benefits has nothing to do with whether someone pays taxes or not when (think retired or disabled people for example) but rather whether they are living in the country lega
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by davidf18 10y ago
I'm not stating myself clearly enough. I'm simply stating that taxpayer money should not be paid to support people who are living in this country illegally. Instead they should be living in the country that they are legally reside
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by davidf18 10y ago
Much of the wealth in California comes from high technology. The research of the high technology came from the Federal Government. The training of the PhDs that created the research (think semiconductors) came from the NSF and NIH and oth
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by davidf18 10y ago
Please explain why taxpayer funds should be funding people who live in this country illegally. To state that it is a bumperstickerism without providing an explanation for why this is so is an ad hominem attack.
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by davidf18 10y ago
But it is related. The fact is that the NYT article was complaining about the lack of federal funds, but the true fact is that if the citizens of California elected politicians who did not unwisely pay for people living here illegally, t
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by davidf18 10y ago
Please be specific. What is inflammatory? What is uninformed? It seems to be to just be ad hominem attacks.
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by davidf18 10y ago
People should have the courage to state their opinion instead of simply down voting. I did not state something that was incorrect at least as far as I know and if I did, I would like to know what is incorrect about it. Perhaps there should
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by davidf18 10y ago
> "A major flaw in your argument is the implication that undocumented individuals in CA" "undocumented individuals" is a euphemism that does not help the discussion and tends to minimize and obfuscate the language so
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by davidf18 10y ago
> "I would much rather have my money flow to my neighbor, someone who works hard and is essential to the economy, than someone in Mississippi, no matter their citizenship status." You mean, no matter whether they are living in
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by davidf18 10y ago
> "Bandying about terms like "living here illegally" and the tone of how you're putting it is very much inflammatory. Well, they are people living here illegally. I don't see that as inflammatory but a statemen
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by davidf18 10y ago
> "Leaving the hairy question of immigration aside..." I am all for legal immigration. Your comment might be correctly phrased as "leaving the hairy question of illegal immigration aside..." > "you're a
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by davidf18 10y ago
> "I am generally support immigration. But we need to remain realistic." I support immigration. After all, my ancestors were immigrants. I do not support people living here illegally. There is the distinction.
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by davidf18 10y ago
The amount of money spent for K-12 education people who live in California illegally as well as university education and healthcare far, far exceeds the < $800 million federal grant for the train. > "I also think you're maki

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