Rent control: brought forth by the healer
Rent controls help those currently renting and harm those seeking to rent in the future
Every public policy problem boils down to a single question. Should we, the government, intervene? Why should we intervene? When and how should we intervene? What will the likely effects be?
The fundamental lesson of public policy is that, once started, processes are very hard to kill. The government, unlike private companies or households, goes on forever. If you start giving out child benefit as a universal payment, that’s going to keep going. If you...
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