Politico

It’s also worth stating that Klein and Thompson are wrong to assume that competition policy has nothing to say about the zoning and permitting restrictions that most concern them. To the contrary, these restrictions are what competition policy experts call barriers to entry, and lowering barriers to entry is in fact a tried-and-true way to increase competition and lower costs. Klein and Thompson can and should fully embrace pro-competition economics alongside their abundance thesis — not deride it as some pet project of a near-sighted anti-monopoly or anti-business movement.

Klein and Thompson are absolutely right that America must build more to increase supply and lower costs, and yes, it is the private sector who will do most of that building. But to deliver actual results for working Americans, we have to consider the market structure and market dynamics of the firms who will build and own what we create.

An abundance underpinned by healthy competition among firms will be more cost-efficient and innovative and will deliver real results. The alternative — a liberalism that builds, builds, builds without simultaneously tackling issues of corporate power and accountability — will fare no better than the failed political projects of the past.