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by crdoconnor 2966 days ago
>Well I'm not sure what economics degree you have

Could your appeal to authority be a little more obvious please?

>a Nobel winning one, says that most economists are in agreement and they disagree with you

The economist profession is badly captured by moneyed interests. This is partly why they are terrible at building predictive models (think about it: which one of them wasn't blindsided by the financial crisis?).

Often the more prestigious seeming the economist, the more captured they are.

With Paul Krugman specifically this level of capture was made embarrassingly obvious when he wrote a screed saying "what's wrong with the TPP? More trade is always good!" and then got schooled by his own comments section about what was actually in that trade deal (that had nothing to do with "more trade") and what was wrong with it:

https://www.nakedcapitalism.com/2013/12/krugman-running-bran...

He obviously wasn't too stupid to understand it, which is why after enough negative exposure he retracted.

I doubt you'll find any Nobel prize winning physicists having to retract a similar "mistake" although I can think of one climate scientist who might.

>So I guess the balls in your court. What evidence would you put forward to prove most economists wrong about rent control?

New York's highest level of house building occurred under strict rent controls.