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Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by ubernostrum on Monday October 23, 2017 @02:54PM (#15535899)
Because that theory allows the person promoting it to cling to an assertion that markets are perfect and never produce a bad result, and anything bad that does happen must be the fault of a government which got in the way of the perfection of the market.
Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by AndrewBissell on Monday October 23, 2017 @03:36PM (#15536278)
Yes, if there are two things that have been driven solely by laissez faire market dynamics in this country, they're mortgage credit extension and the construction of new housing in the Bay Area.
Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by conanbatt on Tuesday October 24, 2017 @11:58PM (#15547348)
I know this is not reddit, but I smell the charcoal from over here.
Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by icebraining on Monday October 23, 2017 @04:15PM (#15536584)
This is a lazy response. One can criticize a specific governmental policy without being an anarcho-capitalist.