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0 sats \ 9 replies \ @Solomonsatoshi 21 Oct \ parent \ on: The socialist housing plan for New York City econ
Libertarian moron.
Sometimes free markets don't work.
Especially when it comes to housing.
"Especially when it comes to <the most overregulated industry ever>"
coincidence?
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In reality the fiat debt financing of property speculation was DEREGULATED under the neoliberal greed is good mantra which really kick started the modern crony capitalism we now suffer under.
You perhaps were not born yet when this happened so maybe you are not aware of the changes that were made to the nature of fiat debt issuance that created the property price speculative frenzy that has been built since the 1980s.
Read some history.
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lol
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Have you read The Road To Serfdom by Hayek? Anyone trying to convince me free markets aren't the best would have to make a compelling argument how Hayek is wrong. Because all I have ever seen is more central planning, more restrictions and more interventions and the outcome has been exactly as predicted by Hayek. Particularly hard resonates the point that people stop trying to improve their own lives by working and improving their skills and instead people become increasingly political.
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You will find such a compelling argument here-
Looking forward to your response.
Silence???
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Silence???
StackerNews is for high quality conversation, not whatever low effort you're engaging in. I asked you if you've read Hayek and you ignored the question. I also raised the most central issue I see with ignoring the warnings from Hayek and you ignored that as well. I can't be bothered continuing this low effort conversation as it's not giving me or anyone else anything of value.
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As always you demand I respond to your references and terms but you completely ignore the facts and issues I raise.
High quality reasoned debate indeed!/s
You specifically asked for 'a compelling argument how Hayek is wrong' and I have responded to that challenge and directed you toward exactly such an argument- one located on this platform where can enjoy the full rights and privileges of an in context reply - but you have not responded to it.
Low quality, hypocrit.
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Hayek is wrong- the truth is sometimes the role of governments crucial to the performance of a nations economy and prosperity.
How is the US military industrial combine going to fare without a supply of rare earths?
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