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  1. #32
    I'm just not sure what I think of the Central Park thing. It would be absolutely great for the economy to cut out regulations in NYC that maintain the park, height limits, rent controls, and a myriad of other things. Agglomerations are an important aspect of commerce, and archaic regulations end up putting a huge stamp on the economy. In the micro view, these things look bad, but in aggregate they're very good. People hate them because they organize people in highly progressive ways, and even the most hippie liberal is still super conservative when it comes to things like where he thinks he should live and where he thinks he should find work.

    If we cut out all regulations like this, I think we would see all the different regions have incredible growth around specific kinds of commerce that they're best suited for. This would probably mean Central Park is turned into a business center with sky high buildings, yet other regions are vast, conserved preserves run by companies that attract customers a variety of ways. It's similar to how we discussed in the past how hunting preserves the resources so well. If there are no more regulations on keeping parks around in certain places, I think what may happen is people would highly value keeping parks around in other places. It sounds shitty that if you live in a city center, maybe you shouldn't have easy access to a park, but in the long run that probably works out better for everybody because of how it organizes things. It would do things like create higher levels of commerce in the inner city, create better privately run parks in the surrounding area, and create better transportation to and from. In all honestly, it might evolve into a system where access to higher quality parks is even better than what NYCers get with Central Park

    Now that I think about it, this could be a really big thing. If regulations were cut out and Central Park vanished, there would be quite a bit incentive for parks just outside the city and efficient transportation. There would also be more incentive for apartment complexes to build better accommodations for tenets with pets and stuff. One of the biggest problems in cities is rent controls and height limits that stall virtually any sort of improvement in conditions you can think of. Regulations are absolutely terrible at sorting. They waste talent and resources like nobody's business
    Last edited by wufwugy; 01-12-2014 at 08:28 PM.

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