Certainly not anymore than you. At least my “statist” position is letting landowners build on the land they own.
Because people want to live close together, it turns out.
I saw this on Twitter* which seems relevant to your note:
“Fun fact: Adam Smith, the godfather of capitalism, advocated for aggressive land taxation. Otherwise, feudalists will drain productivity from society & hinder progress.
So the feudalists called themselves capitalists & convinced the schmucks they should tax their labor instead.”
https://twitter.com/stephenpunwasi/status/1628797457327964163?s=12&t=woqxTr-KL8JAJqJR1CFmVQ
*hangs head in shame.
I’m pretty attracted to the ideas of Henry George, as well.
Not sure I’d agree with that people organizing to prevent a developer from building new housing on land they do not own, is an example of the “free market” in action.
Only web5.
I get it. You got yours. Congrats. I also enthusiastically support state governments ramming upzoning down your local government’s throat.
In between him offloading useless shitcoins onto retail, he also found time to do that, yes.
Well, unlike the kooks at the Atlas Society, I don't think egoism is terribly virtuous.
I think people who organize to prevent new housing being built in their city are selfish af.
Artificial scarcity is critical to making bitcoin secure. But artificial scarcity in housing, imposed by NIMBY local politicians is hopelessly immoral and one of the most economically damaging policies this country has inflicted upon itself.
I never believed it for a second.
It also puts paid to the nonsense conspiratorial argument that federal authorities are trying to get him off the hook as a reward for his political donations.
FTX founder Sam Bankman-Fried hit with new criminal charges https://www.cnbc.com/2023/02/23/ftx-founder-sam-bankman-fried-hit-with-new-criminal-charges.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Seen it. It was great. I've said it before: Disney should put Tony Gilroy in charge of Star Wars.
Well, I'm stuck in an airport lounge in Boston for the next 7 hours. Given the current weather across the country, something tells me that might be an optimistic estimate, too. 😔
Yeah. My point is not to sweep real problems under the rug. But it is to push back against some of the narratives I see from people arguing that things are literally the worst they've ever been, and bound to get catastrophically worse, barring a complete upending of our entire society. This is just negativity bias and motivated reasoning writ large.
The picture looks better if you factor in wage growth, though. This is only looking at nominal price levels. It's not factoring in wage inflation.