Grocery stores are incentivized to sell as much food as possible, which does not align with keeping their customers as healthy as possible. But, assuming altruistic grocers, it would be interesting to see how they…
Everyone is rational based on their understanding of the world, but no one has perfect understanding of everything.
That is many big words to be so blind. A big brain does not make a person immune to poverty or war. If a person does not believe maximizing economic growth (as measured by GDP and/or the performance of the Dow Jones…
Could you elaborate? I'm not sure how calling an idea 'detached from reality and actively harmful' and then vaguely referencing a different social media platform contributes anything.
Economics may be the most elaborate in manipulating mediocre data to support a hypothesis, but it is important to remember how incredibly easy it is to be wrong or mislead others when using data and complex statistical…
I hard disagree. Economics (of any flavor) is as soft as any other social science. The field of economics can be a useful lens to help one understand the world and human behavior, but it relies too much on human…
I don't agree that it depends on the news source. The problem is consuming media and not acting on it. A person can use social media to inspire real positive change in their behaviors and their life, and a person can…
I would say that interacting with the physical world/people is much richer and more fulfilling than social media (or any other media). Being aware of 'the world & big matters' does not make a person good or interesting.…
I think many people want to spend less time consuming media ('social' or otherwise) and more time interacting with the physical world/people. But it is difficult to do that these days because there is endless…
I, as an individual citizen of these United States of America, hereby grant power to all the various regulatory agencies. There, it has been done, for better or for worse. More seriously though, I do not know how to…
My mistake. The press release is actually from the USDA, and this is the only mention of the FDA: >USDA has been working closely with FDA to ensure program participants and stakeholders have the information they need to…
>You're solution amounts to imprisoning or punishing companies for pursuing their economic interests. Yes, I am so glad you understand. When 'economic interests' of a business run counter to 'societal interests' because…
What I am saying is that in order for regulations to NOT cause businesses to 'vote with their feet and their wallets', we must also enact trade policies so that it is NOT cheaper for businesses to seek the laxest…
Although the linked article does not address it, the FDA is certainly working to mitigate any fallout from the plant closure. Much of the complexity is that WIC is administrated at the state level, so the FDA must work…
This is incredibly short-sighted and ignorant of any externalities. We lost American manufacturing not because of regulation, but because of trade policies that allowed global corporations to avoid those regulations and…
WIC eligibility can vary by state, but is between 100% and 185% of the federal poverty level (I spot-checked a few states, and all I saw was 185%). 185% comes to ~$50k per year for a family of 4. And most people have…
>I think they would find neighbors very welcoming - even the toughest cities and neighborhoods are mostly friendly people - but the culture would be unfamiliar and the newcomer would have to adjust. Sure, I agree, with…
As a counterpoint, an outsize proportion of mass media is produced by relatively-not-poor people who live in cities, many of whom are transplants. As such, that is the dominant perspective. But I certainly agree that…
This article is a summary of a different article: https://capitolism.thedispatch.com/p/americas-infant-formula... It seems odd that the posted article ignores how WIC contracts are distorting the market and encouraging…
Sure, but a hammer is both simpler and much more reliable than a phone. My point is that it is meaningless to compare items with completely different functions (I would say apples and oranges, but it is more like apples…
Very true, and a good point. Strong culture and community is certainly not exclusive to rural areas. I imagine there are many neighborhoods in large cities where an outsider moving in expecting mass media American…
>Boy, where do you get off? My guess is that this attitude is where: >In small town USA, the local culture usually is inferior. Big cities often have people from many different cultures, including small towns, which is…
it's pretty common to use 'they' when gender is unknown or irrelevant
>The entire point of getting the private sector is that their incentive should be to do it in the most efficient manner possible It seems like a common misconception that businesses do anything in 'the most efficient…
I do not understand. What are fines if not deterrence?
Grocery stores are incentivized to sell as much food as possible, which does not align with keeping their customers as healthy as possible. But, assuming altruistic grocers, it would be interesting to see how they…
Everyone is rational based on their understanding of the world, but no one has perfect understanding of everything.
That is many big words to be so blind. A big brain does not make a person immune to poverty or war. If a person does not believe maximizing economic growth (as measured by GDP and/or the performance of the Dow Jones…
Could you elaborate? I'm not sure how calling an idea 'detached from reality and actively harmful' and then vaguely referencing a different social media platform contributes anything.
Economics may be the most elaborate in manipulating mediocre data to support a hypothesis, but it is important to remember how incredibly easy it is to be wrong or mislead others when using data and complex statistical…
I hard disagree. Economics (of any flavor) is as soft as any other social science. The field of economics can be a useful lens to help one understand the world and human behavior, but it relies too much on human…
I don't agree that it depends on the news source. The problem is consuming media and not acting on it. A person can use social media to inspire real positive change in their behaviors and their life, and a person can…
I would say that interacting with the physical world/people is much richer and more fulfilling than social media (or any other media). Being aware of 'the world & big matters' does not make a person good or interesting.…
I think many people want to spend less time consuming media ('social' or otherwise) and more time interacting with the physical world/people. But it is difficult to do that these days because there is endless…
I, as an individual citizen of these United States of America, hereby grant power to all the various regulatory agencies. There, it has been done, for better or for worse. More seriously though, I do not know how to…
My mistake. The press release is actually from the USDA, and this is the only mention of the FDA: >USDA has been working closely with FDA to ensure program participants and stakeholders have the information they need to…
>You're solution amounts to imprisoning or punishing companies for pursuing their economic interests. Yes, I am so glad you understand. When 'economic interests' of a business run counter to 'societal interests' because…
What I am saying is that in order for regulations to NOT cause businesses to 'vote with their feet and their wallets', we must also enact trade policies so that it is NOT cheaper for businesses to seek the laxest…
Although the linked article does not address it, the FDA is certainly working to mitigate any fallout from the plant closure. Much of the complexity is that WIC is administrated at the state level, so the FDA must work…
This is incredibly short-sighted and ignorant of any externalities. We lost American manufacturing not because of regulation, but because of trade policies that allowed global corporations to avoid those regulations and…
WIC eligibility can vary by state, but is between 100% and 185% of the federal poverty level (I spot-checked a few states, and all I saw was 185%). 185% comes to ~$50k per year for a family of 4. And most people have…
>I think they would find neighbors very welcoming - even the toughest cities and neighborhoods are mostly friendly people - but the culture would be unfamiliar and the newcomer would have to adjust. Sure, I agree, with…
As a counterpoint, an outsize proportion of mass media is produced by relatively-not-poor people who live in cities, many of whom are transplants. As such, that is the dominant perspective. But I certainly agree that…
This article is a summary of a different article: https://capitolism.thedispatch.com/p/americas-infant-formula... It seems odd that the posted article ignores how WIC contracts are distorting the market and encouraging…
Sure, but a hammer is both simpler and much more reliable than a phone. My point is that it is meaningless to compare items with completely different functions (I would say apples and oranges, but it is more like apples…
Very true, and a good point. Strong culture and community is certainly not exclusive to rural areas. I imagine there are many neighborhoods in large cities where an outsider moving in expecting mass media American…
>Boy, where do you get off? My guess is that this attitude is where: >In small town USA, the local culture usually is inferior. Big cities often have people from many different cultures, including small towns, which is…
it's pretty common to use 'they' when gender is unknown or irrelevant
>The entire point of getting the private sector is that their incentive should be to do it in the most efficient manner possible It seems like a common misconception that businesses do anything in 'the most efficient…
I do not understand. What are fines if not deterrence?