Wednesday, September 27, 2023

URBAN RETAIL DESERTS (coming soon to a Democrat city near you)

 


Retail stores exist to make a profit, be it a large corporate store or a small bodega. If you make it increasingly unprofitable, they will go away. Even a non profit co-op can't survive survive (even less so since their cost margins are so narrow). In cities that fail to counter shop lifting and looting, you will end up with large retail deserts. Urban cores where this occurs will not have grocery or retail stores--or they will be so fortified and expensive to be out of reach for those at the lower end of the economic spectrum.  

The Sahara, BTW, was not always a desert.  It was more semi arid savannah until relatively recently. Yes weather patterns change, but dry periods with over grazing and burning accellerated desertfication. A tragedy of the commons. Which is analogous to what rampant shoplifting, theft, and corruption does to an economy. When you stop enforcing individual property rights you get bad results. 

If only Milton Friedman was here. Milton was against the war on drugs. Milton was for recognizing choices have pluses and benefits and recognizng those outcomes. Allowing rampant shoplifting and theft results in very predictable outcomes. It does not make people's lives better.  




AoSHQ: Morning Report 09.27.23

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