From: David Lucifer (david@lucifer.com)
Date: Tue Oct 28 2003 - 09:13:23 MST
We had an interesting chat about rent control in #virus yesterday
<http://tinyurl.com/sp6v>.
One question that came up is do laissez-faire capitalists think
that the free market can do no wrong? If it can go wrong,
what can be done if anything?
Casey suggests that rent control is justified because he has
seen it benefit at least two communities. I don't think anyone
would disagree that it benefits some members of society,
but the real question is who pays for those benefits?
Should the landlords be coerced by law (threat of force)
to pay for these benefits? How is that fair? If forced charity
is necessary (and I'm not saying it is), wouldn't it be better
to do it with rent subsidies paid for by tax revenues to at
least spread the cost across society?
David
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