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Punoxysm comments on Open thread, 9-15 June 2014 - Less Wrong Discussion

3 Post author: Tenoke 09 June 2014 01:07PM

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Comment author: Punoxysm 09 June 2014 08:51:16PM 2 points [-]

Yep, absolutely Alice is injured. In many market scenarios this is true. Usually, of course, Alice is both a producer and a consumer so broad protectionist laws will hurt her. But sometimes, the "pure buyer" idea is true. So, for instance, incumbent renters have a strong incentive to advocate rent control; otherwise, a frothy real estate market will force them to find new housing.