Attention Economy


Friday, February 26, 2021

What if America Actually Had Free Markets?

How to Get Really Rich!
https://www.nytimes.com/2021/02/25/opinion/inequality-medicine-law.html
An unusually sarcastic David Brooks notes:
My main message is that if you want to get rich, don’t invent a new and useful product, start a company and try to sell it. That seems risky. Put the effort into entering a clubby line of work in which legislators and professional associations are working to make you rich. It’s easier!
The only problem would be if legislators undo rules that make the rich richer. For example, in California this week, the Berkeley City Council began dismantling the single-family zoning restrictions that keep the housing market tight. If that sort of thing continues, only people who win free and fair competitions will get rich. That’s not the American way!
 
Related:
To make capitalism more attractive, policymakers must emphasize pro-market (not pro-business) policies.
https://thehill.com/opinion/finance/513956-to-make-capitalism-more-attractive-policymakers-must-emphasize-pro-market-not