"If we build enough luxury towers then not only will the cost of homes fall but the quality of an average unit will rise"
nyc: vote “no” on all ballot proposals
Readers added context they thought people might want to know
Both the theory and […] empirical evidence supported the premise that increasing the supply of housing reduces sales prices and rents or moderates their growth and therefore makes housing more affordable to low- and moderate-income families.
furmancenter.org/publication/su…
LC ☔️🇻🇦 retweeted
Capitalism didn't create your need to work to survive. Nature did.
An employer doesn't impose that necessity upon you. He offers you an opportunity to satisfy it through voluntary exchange.
Socialism doesn't eliminate the necessity of work. It merely transfers authority over production to politicians or the collective.
Under capitalism, you're free to change employers, negotiate wages, work for yourself, or establish a cooperative. None guarantees success, but the freedom exists.
And here's where your moral superiority becomes particularly ridiculous.
You condemn people for offering employment on terms others are free to reject, yet consider yourself morally entitled to dictate how they must use their property, run their businesses, and compensate others.
You call voluntary agreements exploitation while presenting coercion as compassion.
Your objection isn't that people are being forced to serve others. It's that they aren't being forced to serve others on your terms.
And somehow, you've convinced yourself that makes you the moral one.
After reading the replies to my original post, I've learned that some libertarians have a much bigger problem than their understanding of economics. Their complete lack of empathy is fucking astonishing.
I suggested that paying half your income in rent because the alternative is sleeping in a freezing car isn't exactly a wonderful example of economic freedom. The responses were an extraordinary collection of lectures about voluntary exchange, personal responsibility, property rights, and why homelessness is apparently just another consumer preference.
Here are the five most common arguments.
1. It's voluntary because nobody is forcing you.
Apparently, choosing between unaffordable rent and sleeping in your car is the expression of liberty. Sure, nobody is holding a gun to your head. But someone with $500 in the bank doesn't have the same bargaining power as someone with $10 million in property. A decision made under financial desperation is still a decision. That doesn't mean the person has meaningful economic freedom. If your definition of liberty includes celebrating someone's choice to freeze in their car, perhaps your philosophy needs some fucking work.
2. Just move, get roommates, buy a house, or sleep in your car.
This was my favorite. One person suggested getting a gym membership so you could sleep in your car and still shower. Others recommended second jobs, roommates, or simply buying a house. Fucking brilliant. But what happens when millions of households simultaneously move somewhere cheaper? Demand increases, and those locations become less affordable unless housing supply expands. What works for one individual doesn't necessarily work for everyone. It's called the fallacy of composition. An entire housing crisis cannot be solved by giving millions of people individual financial advice. Yet apparently, sleeping in a Toyota Corolla now constitutes a comprehensive economic policy.
3. Government regulations and central banks caused expensive housing.
This was actually a reasonable argument, at least initially. Restrictive zoning and excessive development regulations absolutely can contribute to expensive housing. But blaming government for every undesirable market outcome is just ideological laziness. Housing prices also depend on incomes, credit conditions, construction costs, land values, population growth, speculation, and investment expectations. Developers build when they expect sufficient profits, not simply because people need somewhere to live. Removing bad regulations can improve housing supply. It doesn't magically eliminate every other economic problem. An economy is an interconnected system, not a fucking supply-and-demand diagram.
4. The landlord provides a mutually beneficial service.
Several people argued that rental transactions must benefit both parties because otherwise they wouldn't happen. Yes, someone facing homelessness might prefer paying half their income in rent to sleeping outside. Congratulations. You've established that people prefer shelter to freezing. But that doesn't prove the housing market is competitive, affordable, or producing desirable outcomes. People routinely accept terrible arrangements because their alternatives are worse. Individual rationality doesn't guarantee desirable outcomes for society. The existence of a transaction isn't proof that the economic system is working particularly well.
5. You aren't entitled to someone else's property or labor.
And naturally, someone had to start screaming about communism. Apparently, suggesting that people shouldn't have to sleep in freezing cars is now revolutionary Marxism. I support private property, competitive markets, and private enterprise. But supporting capitalism doesn't require celebrating every outcome it produces. Property rights don't automatically guarantee affordable housing, economic efficiency, or an equitable distribution of resources. You can defend private property without treating human suffering as an acceptable demonstration of economic liberty.
Now, here's what genuinely disturbed me.
I expected arguments about economics. What I didn't expect was how enthusiastically some people recommended homelessness. Sleep in your car. Get a gym membership. Work three jobs. Move away. Stop complaining. These weren't hypothetical responses. People actually suggested these things. Imagine seeing someone struggling to afford shelter and immediately explaining why they should be grateful to their landlord. What kind of fucking worldview produces that reaction?
Markets are supposed to serve human beings. Human beings aren't supposed to suffer simply to validate someone's economic philosophy. I'm a supporter of free markets, but I don't believe that requires abandoning basic human empathy. The irony is that people who constantly preach individual liberty seem perfectly comfortable dismissing the economic circumstances that restrict it.
If your response to someone facing homelessness is to congratulate them on having the freedom to sleep in their fucking car, perhaps you've spent too much time defending capitalism and not enough time interacting with actual human beings.
LC ☔️🇻🇦 retweeted
It probably would have but you can’t just wave away unfunded tax cuts as carelessly as you did. Not only that, but you didn’t even communicate your intentions properly before dropping the budget.
LC ☔️🇻🇦 retweeted
Novus Ordo Mass was crazy. They had an announcer calling the priest up, saying "weighing in at 180lbs, from Dublin Ireland, here is Father O'Reilly!"
Then the priest walked down the middle while fireworks went off
All while the choir was singing "Jump Around" by House of Pain
LC ☔️🇻🇦 retweeted
Stop wasting time and money. Deregulate, cut energy costs, and cut taxes on investment.
🚨BREAKING: The Alan Turing Institute has developed a proposal to train an open-source British AI base model from scratch and release it as a public good, according to a UK government advisory letter published today.
The model would be UK-governed national infrastructure available to researchers, startups and public services, rather than a proprietary product owned by a single company.
Britain's top science advisers want ministers to consider the proposal and allocate national computing capacity for AI trials. They warn that without urgent action, the UK risks becoming a 'high-value AI customer' rather than a country able to shape the technology.
LC ☔️🇻🇦 retweeted
"Those with the broadest shoulders must bear the greatest burden"
How the government sees anybody earning more than £30k a year:
LC ☔️🇻🇦 retweeted
A big part of why terror football appeals to me is the idea of unlocking the true creative potential of players and removing the obstacles preventing excellence. Possession football stifles ingenuity, who knows what brilliant things we can do once we are free.
LC ☔️🇻🇦 retweeted
Asznee addresses the situation, stating that he took the food because he was broke and desperate. He deeply apologises but believes his flatmate has taken it too far to humiliate him.
LC ☔️🇻🇦 retweeted
We haven't had neoliberalism for decades. Instead we have a system where central banks suppress risk, governments rescue failure and taxpayers absorb losses.
Gains are privatised; risks are socailised.
This isn't capitalism; it's the opposite.
thetimes.com/comment/columni…
LC ☔️🇻🇦 retweeted
It is a good idea to remove cliff edges like this that create perverse incentives for aspirational people.
BUT
This does not change the fact that our current childcare policy is anti-choice, economically illiterate and bad for children.
A system that offers help to parents only if they hand over their nine-month-old to the State is not conservative. The reason most mothers return to work as soon as possible is not because they’re desperate to put their babies in institutional childcare; it’s because the cost of living is so high that most families now need two incomes to survive.
The majority of mothers of small children, when surveyed, say they would prefer to work less when their children are small. A conservative policy would pay a childcare allowance/tax break that parents could use as they see fit - to work fewer hours, use informal childcare or pay for formal childcare.
Conservatives should also recognise that the primary value of a mother is not found in her ability generate a short-term GDP boost for the Treasury bean counters.
Our current childcare policy is also a wonderful example of the idiocy of socialist economics. The state pays a fixed price for a good (in this case, hours of childcare) that is less than the cost of production and then wonders why there is a shortage of the good. 🤔
Childcare places also cost more than the average mother who returns to work pays in tax. If encouraging mothers back into the workplace is the aim, this is a ludicrously expensive way of doing it.
Yet conservatives seem deeply confused about the aim of ‘childcare’. Is it to get parents back to work or is it about early childhood education?
Whatever it is, the current arrangement is harming our children. Long hours in institutional childcare before age two are linked to emotional and behavioural problems later in life. This is not rocket science - babies need a strong and consistent attachment to their mother in order to be able to learn to regulate their emotions and be psychologically secure. State-funded childcare is therefore a false economy if it makes children less productive later in life.
By all means, remove cliff edges. But if the Conservatives are the party of the family, then they should overhaul childcare policy to put the family first. The current system views individuals purely as economic units - and that is socialism, not conservatism.
Kemi Badenoch has pledged to restore free childcare to high earners if she wins the next election.
The Conservative Party leader said the rules left parents thousands of pounds worse off when their earnings exceed £100,000, meaning that working harder does not always pay.
Under the “absurd” cliff edge rules, when one parent’s earnings increase by only £1 to over £100,000, a working couple could lose their entire entitlement of up to 30 hours a week of childcare support ⤵️
telegraph.co.uk/politics/202…
LC ☔️🇻🇦 retweeted
They despise wealth not because its destruction would make the country richer, stronger or fairer, but because they cannot abide inequality itself.
It is the politics of envy: the belief that no distinction should exist between those who have striven, built and achieved, and those who have not.

































