Re: Free Market Consistency
It's also where the free market and Bentham-ism align.
If you wanted to create the greatest good for the greatest number of people you would sell the land to the highest bidder and let them create as many apartments as they could fit onto the land. The poor disposed would then benefit from the drop in house prices in surrounding areas as people there are able to move into the city.
Deciding that some tiny minority of the poor are allowed to live in rent controlled apartments in Manhattan or a council house in Chelsea is silly. It's like solving the problem of public transit by giving 1 person in a million a free Rolls Royce.
Biting the hand that feeds IT
