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Bad answer + missed opportunity from . Zoning reform is at its core pro-competition—that's how it works. Today, only giant developers + big banks can sink money into a 5 year rezoning. The reason zoning reform works is it lowers barriers to entry for *more* projects.
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Pod Save America
@PodSaveAmerica
.@ezraklein responds to criticisms of his new book "Abundance" that are coming from the left.
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David Watson 🥑
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That’s exactly right. Central planning is pro-corporatism. Central planning is a prerequisite to crony capitalism. It's a huge problem that the party is so culturally committed to central planning.
Right but as the interview makes clear fixing American markets is NOT ’s project, though I’m sure that he wouldn’t mind if markets were fixed. My takeaway from Abundance was that the authors want to fix state capacity, and market efficiency would be a happy side effect
Instead of letting big investors muscle our cities around, should be making it easier for anyone who wants to build housing to do it
This has shades of what argued a long time ago, that regulation only favors the big businesses, who can absorb the cost in order to force out competitors. Deregulating building, via zoning reform, would allow many many more small developers to take part.
Great counterintuitive point. I think Ezra and most on both sides of the YIMBY/NIMBY debate take for granted that the moment zoning relaxes is a big opportunity for big players. But current state is a huge moat for big players in perpetuity, which is worse over time.
I enjoy your work. Curious on thoughts on replacing community consultations and other red tape with a paid, randomly selected panel of residents who are educated on major development projects and then approve (or not) plans a la 's Lottocracy.
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4 or 5 steps ahead of you buddy
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Paul E Williams
@PEWilliams_
I knocked Shelly’s door 4 hours before the #IowaCaucuses in Fort Dodge. She was undecided. She can barely afford the health care her kids need. She’s worried about what they will do, what her grandkids will do, if we don’t get Medicare for all. Now she’s going to #CaucusForBernie
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