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Patrick McKenzie@patio11• over 7 years ago

If you don’t allow enough X to be produced then it isn’t the market which excludes people from having X; the market/prices just deliver the bad news to the marginal people you decided didn’t really need an X available.

1.4K 379
12/9/2017
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Patrick McKenzie@patio11• over 7 years ago
Replying to @patio11

“How is Tokyo addressing its housing crisis?” “We don’t have one. We build homes.” “Do you discourage techies from moving into town?” “Techies live in homes so we build homes.” “How do you deal with Chinese speculators?” “Build homes.” “But earthquakes and ocean!” “Build homes.”

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12/9/2017
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Patrick McKenzie@patio11• over 7 years ago
Replying to @patio11

“It’s a pity you have no subsidized housing.” “We do. Build homes.” “And I envy your lack of regulation.” “Got regulations. Build homes.” “You have to understand, Republicans.” “I don’t, but, build homes.” “I suppose there must be some inscrutable cultural thing.” “Build homes.”

1.3K 180
12/9/2017