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Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

Yikes. And after 2008, I don't know how seriously you should take the neoclassical synthesis Econ 101 textbooks which often treat the Laffer Curve as something other than a joke, argue that minimum wages and unions kill economies, and promote trickle-down garbage that has been thoroughly discredited.

Let's cite specific studies instead of appealing to neoliberal received doctrine.

Neoclassical synthesis Econ 101 textbooks were never meant to be taken seriously in the first place.

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Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

Peven Stan posted:

Fortunately for politicians (and unfortunate for the aspergers ridden economics discipline) rent is only one factor in why people move to or away from a particular city. Almost like real life is not full of frictionless surfaces????

For sure rent is just one factor among many in where people decide to live.

It's like one of the top 1-3 reasons for most people though, and if getting an equivalent housing somewhere else is going to cost $1000/month more than where I'm living now because I won the vaginal lottery on where I was born I might just decide to stay in the same place forever.

Typo fucked around with this message at 02:18 on Oct 19, 2014

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

If you're going to quote polls of mainstream economists, let's find out what other opinions are popular:

A cut in federal income tax rates in the US right now would lead to higher GDP within five years than without the tax cut.
35% agree, 8% disagree

Public school students would receive a higher quality education if they all had the option of taking the government money currently being spent on their own education and turning that money into vouchers that they could use towards covering the costs of any private school or public school of their choice (e.g. charter schools).
36% agree, 19% disagree

Connecticut should pass its Senate Bill 60, which states... During a “severe weather event emergency, no person within the chain of distribution of consumer goods and services shall sell or offer to sell consumer goods or services for a price that is unconscionably excessive."
5% agree, 38% disagree.

Yikes. And after 2008, I don't know how seriously you should take the neoclassical synthesis Econ 101 textbooks which often treat the Laffer Curve as something other than a joke, argue that minimum wages and unions kill economies, and promote trickle-down garbage that has been thoroughly discredited.

Let's cite specific studies instead of appealing to neoliberal received doctrine.

It's stuff like this why it's so difficult to take D&D leftists seriously.

People in this very thread have cited plenty of reasons other than "economists say so" in arguing against rent control, and they are good and valid reasons, and yet the pro-rent control side seems to be spouting "well mainstream economists agree with this so it must be wrong because 2008" line of argument.

The only conclusion you can really make is that rent control sounds ideological appealing to you and you don't care about practicalities because socialism.

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

I'm actually not arguing for rent control right now, just against some bad arguments in opposition to it. The record of what happens when you remove rent controls is pretty mixed, as you can see in Boston 1993-present: higher rents for low wage people, more homelessness, increased construction of complexes (but many for high-end renters), and better maintenance, showing that both sides have a point. People have made good arguments against rent control in this thread, but "look at what my econ textbook says" is not one of them.

And as far as socialism, I wouldn't be talking about rent control at all but mass construction of modern, responsive, state of the art public housing as happened in Sweden in the 60s and 70s. That's my preference, by far. Rent control is a really blunt, often misapplied tool for not letting neighborhoods get torn apart by market fluctuations.

Didn't Britain tried public housing in that period as well and it turned into ghettos?

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

I'll ask a bit in the UK megathread about Thatcher's impact on council houses, "right to buy", making council housing something exclusively for the poorest of the poor rather than 1/3 of the population, etc. to answer your question, Typo.

Thank you, I would genuinely be interested in an answer.

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

Peven Stan posted:

Economics is actually p bad and economists basically are 24/7 paid shills for capitalism

Ah there we go

Everyone who disagrees with my political opinions are either dumb or are paid shells, nothing is better than my leftist ideology

It's refreshing to see anti-intellectualism coming from the left rather than the right though imo

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

Peven Stan posted:

That's the loving problem. Your taking what is essentially a political policy and doing the magic handwave of "ceteris paris this is bad markets rule governments drool" when in real life rents are a complex issue that can't be boiled down to a single supply and demand curve.

Has there ever being a single case when rent control ever worked?

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

Did I ever disagree with any of that? I simply suggested you should post the actual studies and data instead of a poll of economists. The first one is science, the second thing is a weak appeal to (significantly diminished) authority.

Again, people for the first 2-3 pages of this thread has posted real arguments of why rent control is bad.

You guys are the ones who brought up the economists neoliberal evil thing, it's kinda rich to accuse the other side of appealing to authority when you are the one making the ad homenins in the first place.

Typo fucked around with this message at 05:56 on Oct 19, 2014

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

You joke, but

They also throw around $500k at random grad students doing work they like and make multi-million dollar donations to multiple schools , which I'm sure doesn't allow them to influence anyone or anything. Of course most academic economists are honest people and will have nothing to do with these people if they can help it.

You guys realize this is literally the exact same argument right-wing climate change deniers use against academia acknowledgement of climate change as a real phenomenon right?

Remember, only academic studies validating my worldview is valid.

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

No, right wingers cannot in fact point to a group of immensely wealthy people who have a financial interest in promoting the idea of climate change and socialized medicine, who have in fact funded fraudulent research (Heartland Institute) and influenced hiring decisions at public universities.
Do you ever talk to any actual conservatives?

I'm not talking about people just to the right of yourself btw, I'm talking about people who consistently vote Republican and like the Tea party.

Because I have and you can pretty much just find-replace some words from some of your posts ITT and get exactly what their arguments are when arguing against government regulations or what not. The "academia is controlled by liberal/conservative finance!" is just the most obvious one.


Typo fucked around with this message at 07:19 on Oct 19, 2014

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

OwlBot 2000 posted:

Yes, they're not uncommon. Please examine the context of my post: I thought Peven was joking around about a big conspiracy of economists, and I basically said, "funnily enough some people are actually trying to do that now at a few universities". That's a fairly modest and well supported claim, and nothing like alleging that the bulk of mainstream of academic economists have been paid off for decades.


Here are some studies btw:

http://www.frpo.org/documents/Gilderboom-30YearsRentControl-JUA-May2007.pdf
http://www.socsci.uci.edu/~jkbrueck/course%20readings/gyourko%20and%20linneman2.pdf
http://www.gonzalo.depeco.econo.unlp.edu.ar/EU1UTDT/gyourko-linneman90.pdf

Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

Ardennes posted:

Responding to Typo's post about UK public housing turning into ghettos, some obviously did but it was predictably cramped high rise housing in poorer neighborhoods. There are ways to provide housing that are far more sustainable and at one time, even in the US, public housing was for people of mix ranges of income and could easily be so again.

It was a genuine question about public housing, not an argument against it. Just because I'm against one form of government intervention doesn't mean I'm against it in all its forms.

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Typo
Aug 19, 2009

Chernigov Military Aviation Lyceum
The Fighting Slowpokes

EB Nulshit posted:

Yes.

No public housing with income restrictions on who can live in it, since they won't raise the entire supply. No super efficient housing, since many people just plain aren't interested, either.

The government should just build a shitload of condos - enough of them that they could realistically be bought (with a 30-year mortgage) by a family with a houseold income of like $60k/y or something. Just raise the supply until the price crashes. Why wouldn't this fix everything?

Incidentally that seems to be exactly what China is doing.

quote:

Typo is a good poster and I like him or her.
Thank you

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