Politicians are trying to make life cheaper. Economists are appalled.

Posted by Imicrowavebananas

8 Comments

  1. Imicrowavebananas on

    Submission statement: I think this sub suffers from severe technocrat brain. You often see a very dismissive attitude for the median voter and anybody speaking out against that is labeled a succ. But out there it is politicians and not economists having to win elections. Neoliberals should think long and hard whether voters will vote for politicians that promise to vote against cost lowering measures like rent control just to protect the holy free market.

  2. Vol_in_tears on

    The general public is going to vote for people to promises them free shit other people are going to supposedly pay for.

    There is not a way out of this I can see.

  3. Signal_Nobody1792 on

    On one hand we should be listening to the experts more.

    On the other hand they quote Cato and one of their recommendations is to expand legal gambling as much as possible in the name of “economic freedom”.

  4. pppiddypants on

    Beyond the headline, This seems like an extremely important issue for this sub to deal with:

    What are the effects of lower prices? (Especially on housing).

    Anyone have a read after the paywall? I’m very curious how financing to purchase assets in a deflationary asset environment would be affected.

    Would purchasers before deflation become underwater and eligible for repossession? Would addressing that through policy lead to higher home loan rates?

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