Plain English with Derek Thompson cover image

ABUNDANCE! With Ezra Klein

Plain English with Derek Thompson

00:00

Scarcity vs. Abundance in Housing Policy

This chapter explores the tension between scarcity and abundance in housing markets, critiquing self-proclaimed liberals who resist affordable housing developments. It discusses the complexities of governance and funding in Los Angeles, illustrating how bureaucratic hurdles impede effective public policy and the delivery of affordable housing. Additionally, the chapter connects these housing challenges to broader issues in various fields, emphasizing the need for institutional renewal and addressing the inefficiencies plaguing scientific research and innovation.

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