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It’s the Land, Stupid: How the Homebuilder Cartel Drives High Housing Prices
Matt Stollerthebignewsletter.com
crisis of government in
Martin Gurri • Revolt of the Public and the Crisis of Authority in the New Millennium
That all urban development has been locked into path dependency on an economic concern now millennia out-of-date is surely a cause of unimaginable waste and inefficiency.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
The dominant regime of political economy in the West since 1971, and particularly acute since 2009, has been built on a set of related economic fallacies: There are no adverse consequences to manipulating the price and supply of money; economic well-being can be measured by increases in flows of revenue rather than the growth rate of profit over
... See moreSacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
The finite resources in this world — natural, land, people’s time — are all managed through one system, and this system is currently over-indexed on encouraging corporations to pursue profit at the expense of societal welfare.