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The Captured Economy @capturedecon
, 12 tweets, 4 min read Read on Twitter
On the first day of Christmas, rent seekers gave to me: R-1 #zoning. 1/12
On the second day of Christmas, rent seekers gave to me: 2 year environmental review 2/12
On the third day of Christmas, rent seekers gave to me: 30% of income spent on housing. 3/12
On the 4th day of Christmas rent seekers gave to me: 40% of buildings in Manhattan that can no longer be built today 4/12
On the 5th day of Christmas rent seekers gave to me: 500 hours of education requirements for an occupational license.
On the 6th day of Christmas rent seekers gave to me: $6.2 billion (at least!) in deadweight loss due to #occupationallicensing. 6/12 cc: @HHHSchool @IJ
On the 7th day of Christmas rent seekers gave to me: 70 years + life of the author #copyright duration. 7/12
On the 8th day of Christmas rent seekers gave to me: $800 billion in added costs for goods protected by intellectual monopoly 8/12 cc: @DeanBaker13
On the 9th day of Christmas rent seekers gave to me: (up to) 900+ years until some Bay Area cities reach their housing goals 9/12
On the 10th day of Christmas rent seekers gave to me: 10 million patents. 10/12
On the 11th day of Christmas rent seekers gave to me: 11% equity financing. 11/12
On the 12th day of Christmas rent seekers gave to me: 12 state with restricted scope-of-practice for nurse practitioners. 12/12
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