Canada’s distorted debate about housing risks costing the public far more than most of us realize. Nearly all attention is placed on the supposed lack of supply, which has enabled right-wing politicians and pundits to falsely blame the crisis on excessive “red tape,” foreign students, new Canadians, or some combination thereof. Polls over the summer […]
The free market didn’t do anything. As I said the free market doesn’t exist. Can’t exist. It would be like blaming the tooth fairy.
John Smith is an interesting guy. But much of what he wrote is irrelevant and out of date. He could not imagine the society and the world that exists today. Neither could Karl Marx. And the fact that so many people go to them as their primary source is part of the problem.
Zoning is a symptom not the problem. The problem is the people putting this system in place. The people who control, have controlled, and will always control the markets. As long as we let them, and as long as we let the markets control us.
Market regulation is fine. The best regulation is to take away its control. Markets that are completely optional are the only markets that could ever possibly be free or fair.