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  1. #1
    Quote Originally Posted by oskar View Post
    If you drive up the price of living, you are are targeting poor people of all ethnic groups.
    If that is the effect of a policy, you are right. And I know that's what you meant.

    I'm posting this as an add-on, because a frequent derivation of that concept is to do something like build "affordable housing." Here's Scott Sumner explaining how doing the opposite is what helps the poor. As usual, economic effects are counter-intuitive. Where building "unaffordable housing" might look like housing costs are increasing for the poor, it instead reduces the poor's housing costs.

    http://econlog.econlib.org/archives/...uld_focus.html
  2. #2
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    Quote Originally Posted by wufwugy View Post
    If that is the effect of a policy, you are right. And I know that's what you meant.

    I'm posting this as an add-on, because a frequent derivation of that concept is to do something like build "affordable housing." Here's Scott Sumner explaining how doing the opposite is what helps the poor. As usual, economic effects are counter-intuitive. Where building "unaffordable housing" might look like housing costs are increasing for the poor, it instead reduces the poor's housing costs.

    http://econlog.econlib.org/archives/...uld_focus.html
    You better stop with all of that economics and math and logic and shit.

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