Re:Let's build houses for people, not cars
by dragonwriter on Tuesday August 27, 2019 @01:33PM
(#20812347)
> Regulation like zoning and countless other regs prevents market forces from working the way they should.
On the other hand, so do externalities in the absence of regulation to internalize them. Real markets quite often don't approximate the idealized way markets should work without lots of help.
> Have you ever heard of a banana shortage crisis [...] in the US?
“Yes, we have no bananas today” is actually a reference to such a crisis.
On the other hand, so do externalities in the absence of regulation to internalize them. Real markets quite often don't approximate the idealized way markets should work without lots of help.
> Have you ever heard of a banana shortage crisis [...] in the US?
“Yes, we have no bananas today” is actually a reference to such a crisis.