The Problem With Rent Control

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Roxanne Jones: The idea that we as a group are somehow going to ration things that are owned by individuals seems like a problem. But the it's a it's a repugnant framing to some people, she says. It is conceding exactly the moral point that is the heart of the matter," writes Jones. "It was an attempted irony here saying you know we're just coming out of a warYou all know what rationing is"

Is the perfect really the enemy of the good? Or is it the other way around? In 2008, Duke University economist Michael Munger ran for governor and proposed increasing school choice through vouchers for the state's poorest counties. But some lovers of liberty argued that it's better to fight for eliminating public schools instead of trying to improve them. Munger realized his fellow free-marketers come in two flavors: directionalists--who take our political realities as given and try to move outcomes closer to the ideal--and destinationists--who want no compromises with what they see as the perfect outcome. Listen as Munger talks to EconTalk's Russ Roberts about two different strategies for achieving political goals. Along the way, they discuss rent control, the minimum wage, and why free-market policies are so rare.