
Price Gouging or Price Information?
The Answer Is Transaction Costs
Efficiency Over Regulation: Unleash Housing Potential
Historically, housing options, especially for low-income individuals, have been extremely limited, often lacking essential amenities. Such minimal accommodations, though illegal in many areas, represent a better alternative to homelessness. Blocking the commodification of these small living spaces through restrictive laws prevents a more efficient utilization of existing capacity, exacerbating the housing shortage. The narrative claiming that the instability of capitalism arises from deregulation is misleading. In reality, both government regulation and spending have been increasing, challenging the argument that less government leads to greater stability in capitalism.
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