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REAL_101
January 22, 2016
http://noahpinionblog.blogspot.com/2016/01/101ism.html
A comment I posted to Noah Smith's blog,
on the subject of "Econ 101ism":
What I like are the discussions of San Francisco-area real
estate that act like it's engraved in stone that the answer
to high rents is "build, baby, build!". You could also take
the view that if San Francisco is really popular, instead of
trying to *fix* San Francisco, you should try to build more
places *like* San Francisco. Suburban low density is assumed
to be inviolate and obviously all you need to know is
supply-and-demand, and some people just don't get Econ 101,
and oh you silly elitist NIMBY you.
MARKET_BLIND
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