Inflation is caused by the Fed's 2% inflation target. If tomorrow Congress passed a UBI, backed by nothing extra, the Fed would respond by raising rates, and inflation would be the same exact long-run value of their…
Any price above the marginal cost produces dead-weight loss. Dead-weight loss causes less value to be created than is possible. What we need is a system that subsidizes the value created by the inventor, without any…
A land value tax with citizen's dividend reaches all of the goals he is trying to hit here, without any of the very obvious drawbacks. Just do that instead.
Keep in mind that this allows, and protects, the academic channel to do their own thing. Right now they are pulled by those that don't care about academia because they want a job and know having the credential is how…
This aligns the incentives. Education provides positive externalities that the market will not provide. > allow companies to direct the research towards their ends So long as they hit the requirements to reward the…
It's probably cleaner to directly couple those that want it, so that those that want to decouple can be left to the academic path. It's pretty normal to hear from people that when they entered the workforce they learned…
You're not trying to get individuals to complete work that requires thousands of participants. You're trying to get it so that those one level below currently working on such projects can make it pencil out. You're…
Yes, businesses have the same flaw with a bit of better incentives. With a prize based approach, what you want is for researchers to make small targetted gambles early in their career, earn their prize profits from…
Prizes pay for working results. Grants pay for possibilities. Grants are therefore riskier, and thus we allocate less resources to them. Since the people with the money don't understand the science, these possibilities…
A selfish player will claim that they will coordinate with the group, and then vote red in private. A coordinating player will pick what the group chooses, whether that be red or blue. You are talking about a…
You don't even have to go that far from the original question. If instead of the entire world being a single game, if you have hundreds of millions of sub-games where 9 random people are placed within, what should you…
Landlords should be pushing for an LVT so that in a downturn that can sync up all at once it is the local government that needs to take that hit. It makes no sense that they currently are the ones to take on society…
The disconnect here is that they built it this way, but still call it a question and answer site and give a lot of power over to the person who created the question. They get to mark an answer as the solution for…
This is why the best form of UBI is a Citizen's Dividend funded through a Land Value Tax. Any increase in rents through the CD just make their way back into higher taxes that then raise the CD.
The abstract states that there are 2.7% less fast food jobs, not 2.7% less jobs. There might be 2.7% less fast food restaurants as a result of this change, but in their place will be other businesses that employ people…
It's impossible to know with the data we collect. Census tracks the homeownership rate, which tracks if the house is owned by someone living in it. However if you are a tenant living in a house that someone else owns…
If the safe speed of the road is 25mph, and the design speed of the road is above 25mph, you will not have safety no matter what the speed limit is. Vision Zero strategies take these factors into account to ensure…
It's useful here to split up these people into different categories. Terrance Tao was a prodigy and was allowed to succeed within the school system beyond what others are given access to. Zuckerberg and Gates succeeded…
Surely one of us is confused, but I am not lying. Here it is on the Census website. No where does the Homeownership rate depend on people. It depends on housing units. > Housing Unit. A housing unit is a house, an…
How does a person becoming homeless effect the homeownership rate? They no longer get counted. How does someone owning (and living in) multiple properties effect the homeownership rate? They count multiple times! How…
It's interesting because it should be very easy to put a test in action. Are there true capability differences between people who think in different ways? Feynman[0] goes through a particular version of such a test in…
What percentage of the labor costs are being used to paying the laborers rent? How much is it in paying the laborers food? For healthcare? For education? How expensive are all of these things in San Francisco compared…
The trading industry is separate from the investing industry. The investing industry is positive sum - but you must hold for the long-run, or only make decisions if new information is discovered to be an investor.…
> And when we worked from the office, it was much easier to catch them going sideways and re-direct them. I regularly work with people on my team who need to go into an office, but it's a different office than mine. RTO…
You seem to think if your company is offering WFH that you still can't come into the office. I don't see why that has to be the case. It it work from ANYWHERE in the world, including your office, vs work ONLY in your…
Inflation is caused by the Fed's 2% inflation target. If tomorrow Congress passed a UBI, backed by nothing extra, the Fed would respond by raising rates, and inflation would be the same exact long-run value of their…
Any price above the marginal cost produces dead-weight loss. Dead-weight loss causes less value to be created than is possible. What we need is a system that subsidizes the value created by the inventor, without any…
A land value tax with citizen's dividend reaches all of the goals he is trying to hit here, without any of the very obvious drawbacks. Just do that instead.
Keep in mind that this allows, and protects, the academic channel to do their own thing. Right now they are pulled by those that don't care about academia because they want a job and know having the credential is how…
This aligns the incentives. Education provides positive externalities that the market will not provide. > allow companies to direct the research towards their ends So long as they hit the requirements to reward the…
It's probably cleaner to directly couple those that want it, so that those that want to decouple can be left to the academic path. It's pretty normal to hear from people that when they entered the workforce they learned…
You're not trying to get individuals to complete work that requires thousands of participants. You're trying to get it so that those one level below currently working on such projects can make it pencil out. You're…
Yes, businesses have the same flaw with a bit of better incentives. With a prize based approach, what you want is for researchers to make small targetted gambles early in their career, earn their prize profits from…
Prizes pay for working results. Grants pay for possibilities. Grants are therefore riskier, and thus we allocate less resources to them. Since the people with the money don't understand the science, these possibilities…
A selfish player will claim that they will coordinate with the group, and then vote red in private. A coordinating player will pick what the group chooses, whether that be red or blue. You are talking about a…
You don't even have to go that far from the original question. If instead of the entire world being a single game, if you have hundreds of millions of sub-games where 9 random people are placed within, what should you…
Landlords should be pushing for an LVT so that in a downturn that can sync up all at once it is the local government that needs to take that hit. It makes no sense that they currently are the ones to take on society…
The disconnect here is that they built it this way, but still call it a question and answer site and give a lot of power over to the person who created the question. They get to mark an answer as the solution for…
This is why the best form of UBI is a Citizen's Dividend funded through a Land Value Tax. Any increase in rents through the CD just make their way back into higher taxes that then raise the CD.
The abstract states that there are 2.7% less fast food jobs, not 2.7% less jobs. There might be 2.7% less fast food restaurants as a result of this change, but in their place will be other businesses that employ people…
It's impossible to know with the data we collect. Census tracks the homeownership rate, which tracks if the house is owned by someone living in it. However if you are a tenant living in a house that someone else owns…
If the safe speed of the road is 25mph, and the design speed of the road is above 25mph, you will not have safety no matter what the speed limit is. Vision Zero strategies take these factors into account to ensure…
It's useful here to split up these people into different categories. Terrance Tao was a prodigy and was allowed to succeed within the school system beyond what others are given access to. Zuckerberg and Gates succeeded…
Surely one of us is confused, but I am not lying. Here it is on the Census website. No where does the Homeownership rate depend on people. It depends on housing units. > Housing Unit. A housing unit is a house, an…
How does a person becoming homeless effect the homeownership rate? They no longer get counted. How does someone owning (and living in) multiple properties effect the homeownership rate? They count multiple times! How…
It's interesting because it should be very easy to put a test in action. Are there true capability differences between people who think in different ways? Feynman[0] goes through a particular version of such a test in…
What percentage of the labor costs are being used to paying the laborers rent? How much is it in paying the laborers food? For healthcare? For education? How expensive are all of these things in San Francisco compared…
The trading industry is separate from the investing industry. The investing industry is positive sum - but you must hold for the long-run, or only make decisions if new information is discovered to be an investor.…
> And when we worked from the office, it was much easier to catch them going sideways and re-direct them. I regularly work with people on my team who need to go into an office, but it's a different office than mine. RTO…
You seem to think if your company is offering WFH that you still can't come into the office. I don't see why that has to be the case. It it work from ANYWHERE in the world, including your office, vs work ONLY in your…