tag:blogger.com,1999:blog-1110014885778996459.post5631546710214952015..comments2024-03-29T00:15:52.716-07:00Comments on Idiosyncratic Whisk: There is no zero lower bound on the effects of coercion.Kevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1110014885778996459.post-85084255267143319112017-06-26T22:10:10.931-07:002017-06-26T22:10:10.931-07:00I'm a plaintiff in Arizona civil courts. Beli...I'm a plaintiff in Arizona civil courts. Believe me, Arizona, in practice, is pro-riff raff.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-38127705425369401982017-06-26T21:26:40.683-07:002017-06-26T21:26:40.683-07:00Mostly agree.
In fact, I bet most people, in the...Mostly agree. <br /><br />In fact, I bet most people, in theory and platitude, agree. <br /><br />The most powerful group is the "except fors."<br /><br />I believe in free markets, except for do not build my neighborhood.<br /><br />I believe in no occupational licensing, except for my occupation. <br /><br />I do not believe in communist health care programs, except for the VA. <br /><br />Less government, but do not mention the USDA.<br /><br />Etc.<br /><br />Oddly enough, parts of education seem to be going bonkers on their own, in somewhat free markets. The cost of college at the private Harvard, Yale, Princeton etc. is unbelievable. As private institutions, they have become the most pedantic and illiberal when it comes to speech or PC-ism. In this case, the private sector makes Berkeley look good (well, probably).<br /><br />Side note to nobody: There is now yet another pair of dueling studies on the impact of minimum wage laws on Seattle. <br /><br />Property zoning is not an issue--even in context! <br /><br />From Capitol Hill Seattle Blog <br /><br />"With Capitol Hill commercial rents also soaring, Seattle looks at tax breaks for landlords with small biz tenants<br />Posted on Thursday, September 29, 2016 - 7:03 am by Bryan Cohen<br /> <br />Since 2008, commercial rents have risen 42% in Capitol Hill’s 98122 zip code, making it the third most expensive zip code for businesses in the city. The second most expensive retail rents are now in 98102, while other neighborhoods, like Ballard, have seen retail rents increase by more than double.<br /><br />To ensure small businesses are not drowned out in the rising tide, Mayor Ed Murray convened a task force in April to explore what the city could do to help. The results, released during a Wednesday morning media conference, are relatively modest compared the mayor’s housing affordability plan, but Murray said it was an important starting point.<br /><br />Recommendations from the Commercial Affordability Advisory Committee include a new entity to support small businesses, tax incentives for property owners to keep small businesses as tenants, and “fast track” permitting requirements for small business projects. Defining what exactly constitutes a small business would still need to be determined, but the recommendations appear to target support for micro-business projects like Melrose Market.<br /><br />In the short term, the city will be directing $122,000 annually to a low-cost lending program for businesses with five or fewer employees and fund a commercial affordability consulting team to give businesses and small property owners technical advice. Not included in the recommendations — commercial rent control."<br /><br />---30---<br /><br />Obviously, with a limited supply of retail space, Seattle could be rapidly gentrifying, and prosaic low-wage business moving out, forced out by higher rents. <br /><br />Add on very tight housing markets, restricting the supply of labor. <br /><br />So wages may rise in Seattle, and minimum wage workers decrease as a share of the total, due in part to rents and the changing, mostly upscaling of the labor force and types of business that can afford Seattle, and not due to minimum wage laws. <br /><br />As I have posited before, property zoning is an effective way to shove riffraff outside city limits. Works so well in Southern California that the riffraff has been pushed into Palmdale and Bakersfield. I did not say Phoenix. <br /><br />A quick review of both Seattle labor studies indicates rents and property zoning were not even thought of. So what are these studies worth? <br /><br />Another note to nobody: I have been banned by three "libertarian" blogs for mentioning property zoning. <br /><br />Property zoning is not a topic libertarians like to talk about. <br /><br /><br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com