Credit John Cochrane for a brilliant blast of rent controls.
A Way Out of the Affordability Crisis [Not]
Let’s start with an inane post on the New York Times Economists Hate This Idea. It Could Be a Way Out of the Affordability Crisis.
That’s a free link for those who wish to get nauseated. It’s by By Neale Mahoney and Bharat Ramamurti. Mr. Mahoney is an economist and Mr. Ramamurti is a former deputy director of the National Economic Council.
That post was the impetus for the excellent post by Cochrane on rent controls.
The amusing (or do I mean pathetic) thing about the NYT article is Mahoney and Ramamurti make the proper case against rent…
Read the full article at ACTIVISTPOST.COM
