Does this guy at the so-called "Adam Smith" institute understand that Adam Smith warned about the dangers of unearned land wealth http://www.econlib.org/library/Smith/smWN5.html#B.I … while those who invoked his spirit in the 70s passed Prop. 13, letting private land owners absorb disproportionate land rents?https://twitter.com/Sam_Dumitriu/status/945708446107750400 …
I definitely think that's one part of the issue in California, but so is Prop. 13, which was pushed by the right and is framed as a deregulatory move, when it actually just enabled something that behaves like a private tax taken by landlords, land monopolists.pic.twitter.com/KzL3cGRusE
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the only way that society makes truly transformative policy/structural moves is usually through consensus/complicity of both the left and the right (at least in a pre-2016 world)
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and so you have zoning from both the right and the left, and then you have the property tax revolt.
End of conversation
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