techenthusiast
Joined 10 years ago
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Joined 10 years ago
*Network effects are unfortunately only understood as a handwavey buzzphrase in tech, but they have been researched and defined in extreme detail by economists. Think non-ergodic math.
Seeing an NBER paper on Hacker News of all places makes me want to cry tears of joy.
That zoning and insane levels of regulation are absolutely the causes of the housing crises in the US is the mainstream consensus among economists.
For those unfamiliar, Glaeser is widely considered the foremost urban economist, so I'm shocked to see his famous paper linked on here. He's absolutely brilliant.