But the current system is hugely inefficient, because we’re not even trying to figure out who the actual losers are, what a reasonable estimation of their losses is, what the social gains are, and so on. As such, you have projects which might potentially generate huge social benefits and considerable private benefits–to neighborhood residents, as well–derailed because a handful of very loud people shout loudly. And this costs those loud people only the time to organize and shout.
Public Stiky Notes
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