Skip to content. | Skip to navigation

Personal tools
Sections

Commentaries on this Media!

Economics in Rent

by AdrianFohr

This musical number introduces the film.  The singers, who are the main characters, claim that they have great difficulty meeting rent.  The intuitive answer would be to pass a law that prevents landlords from charging rents above a certain price.  However, economics suggests that such a law would hurt the people that it was intended to help.

Dr. Walter Block, in the Concise Encyclopedia of Economics, writes, "But if rents are established at less than their equilibrium levels, the quantity demanded will necessarily exceed the amount supplied, and rent control will lead to a shortage of dwelling spaces."

Full article here: www.econlib.org/library/Enc/RentControl.html

afohr@mail.com

Economics in Rent

This is a broad way musical adapted for film. The musical itself was adapted from an opera, La Boheme, which explores poverty themes and the lives of people outside the mainstream.

from Rent (2005)
Creator: Chris Columbus
Distributor: Columbia Pictures
Posted by AdrianFohr
Keywords
Genres
Options