A Critique of the Legal and Philosophical Case for Rent Control

16 Pages Posted: 23 Jul 2011

See all articles by Walter E. Block

Walter E. Block

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business

Date Written: July 21, 2011

Abstract

Rent control is an economic abomination. It diverts investments away from residential rent units, it leads to their deterioration, it is responsible for urban decay such as in the South Bronx, it does not help poor tenants, it is a horrendous means of income redistribution. Yet this economic regulation is beloved of intellectuals (hot beds of pro rent control sentiment are Berkeley, Ann Arbor and Cambridge) particularly in the legal and philosophical communities. The present article is dedicated to an exploration and rejection of the arguments on behalf of rent control which emanate from this source.

Suggested Citation

Block, Walter E., A Critique of the Legal and Philosophical Case for Rent Control (July 21, 2011). Journal of Business Ethics, Vol. 40, 2002. Available at SSRN: https://ssrn.com/abstract=1892379

Walter E. Block (Contact Author)

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business ( email )

6363 St. Charles Avenue
Box 15, Miller 321
New Orleans, LA 70118
United States
(504) 864-7944 (Phone)
(504) 864-7970 (Fax)

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