@nntaleb I need someone to retweet this question if they think it’s worthy as taleb muted me.
Nassim, you often cite localism as a solution to the ills of government and to generally get better outcomes. What do you think of Nimbyism? It seems to go hand in hand with localism.
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If you ask the locals, “do you want more housing built in your neighborhood” reducing the value of their assets or increasing affordability thereby lowering barrier to entry for poorer people who may hurt the quality of the school district. That’s localism and bad in this case?
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The locals will likely say no. A possible solution to this might be non-local management. It’s a paradox, in a way.
7:26 PM - 17 Dec 2019
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