I love capitalism. But capitalism didn't put Central Park in the middle of some of the most valuable real estate in the world. Capitalism created the wealth that enabled Central Park, but it didn't put it there. People put it there. I like my markets with a side of humanity.
Replying to @Evolving_Ego
I've passingly speculated that Central Park has, in the long term, been positive sum on Manhattan property values greatly exceeding the counterfactual scenario (no park, more buildings).
8:45 AM - 27 Apr 2018
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