Why are housing prices in America so high? “Supply and demand” is true but misleading, because draconian regulation drastically constricts housing supply. In this exciting new nonfiction graphic novel, economist Bryan Caplan makes the economic and philosophical case for radical deregulation of the housing industry. Deregulation turns out to be a bona fide panacea: a large rise in housing supply would raise living standards, reduce inequality, increase social mobility, promote economic growth, reduce homelessness, increase birth rates, help the environment, and more. Combining stunning visuals and careful interdisciplinary research, Build, Baby, Build takes readers to a world where people are free to build―and shows us how to get there.
Build, Baby, Build: The Science and Ethics of Housing Regulation
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Build, Baby, Build: The Science and Ethics of Housing Regulation
In Build, Baby, Build: The Science and Ethics of Housing Regulation, economist Bryan Caplan makes the economic and philosophical case for radical deregulation of this massive market―freeing property owners to build as tall and dense as they wish. Not only would the average price of housing be cut in half, but the building boom unleashed by deregulation would simultaneously reduce inequality, increase social mobility, promote economic growth, reduce homelessness, increase birth rates, and help the environment. It’s surprising then, that despite all these benefits, housing deregulation is universally unpopular with policymakers.
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