Poor Matthew Yglesias was mugged, that's just awful. Still, what can one do? Adding more police would be a subsidy to pedestrians and encourage moral hazard. There will be a flood of upwardly mobile people moving into the neighborhood and the markets will lose equilibrium. Although if people like the Sudermans and Yglesias don't gentrify the neighborhood the inhabitants won't have anyone to thank for pricing them out of their neighborhood and putting in hipster pubs.
Yglesias is no McSuderman, even though he does seem to view all the world as his sandbox. He does not think carefully about the consequences of his little suggestions but at least he does think. Yet like all Villagers, old or young, he is perfectly comfortable associating with repulsive people. A little charm, a lot of money, a helping hand now and again, that's all they require, and then taking Koch and Bradley money to shaft the poor is perfectly acceptable. Perhaps one is above doing such things one's self, but one sure would go the the dinners, beach vacations and weddings of those who do.
You put aside your successful career to have and raise a child, you sink hundreds of thousands of dollars into nannies, lessons, summer camp, private school, university, graduate school. You raise a child to be a leader, a thinker, and then what do they do? Sell out their integrity for a seat at the Algonquin Round Table Of Fail, in which the mediocre sons and daughters of the rich ape their betters. You get Jonah Goldberg, red-faced with gobbling cognac and reeking of cigars. Or Megan McArdle on CNN, rolling her eyes with contempt as she informs the world that Goldman, Sachs isn't the bad guy here, it's the system, which took advantage of its naive, foolish Masters of the Universe.
ADDED: Shorter Megan McArdle: I have finally found one thing I want to spend taxpayer money on--personal protection.
If this had happened to anyone else, McArdle would have told them they they went into the purchase with their eyes open, knowing the neighborhood, and got a much cheaper house in return for decreased security. So why should she care about their problem when they are reaping the monetary advantage?