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The Call of Abundance: Breaking Free from the Psychology of Scarcity

Ezra Klein Derek Thompson

15 min 16 languages Read or listen
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What's it about?

Ezra Klein and Derek Thompson expose a counterintuitive truth: America's housing crisis, homelessness epidemic, and collapsing upward mobility share a single cause—we stopped building. From Lakewood's one-home-every-seven-minutes miracle in 1950 to Petaluma's growth caps that spread like contagion, they trace how environmental laws like CEQA became weapons against construction. Raj Chetty's data reveals the damage: a child born in 1940 had 92% odds of outearning their parents; by the 1980s, it was a coin flip.

You'll learn:

- Why homelessness correlates with housing costs, not poverty or addiction

- How the musical chairs theory explains who ends up on the streets

- What the YIMBY movement offers as an alternative to scarcity politics

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