Having existed pre and post Uber, in my country (Australia), here are my thoughts: Ordering an Uber is far, far quicker and easier than getting a taxi. Getting an Uber is still far cheaper. In the old days, if you were…
Absolute power corrupts absolutely.
Is that one of those cultures that had invented the wheel for a child’s toy, but not for any more practical purpose?
No mention of musical applications. I’d be curious to hear what one sounded like.
I agree. I think eating meat is abhorrent, and genetically mutilating animals even more so. Selective breeding is one thing, but this opens the doors to all kinds of ‘design gene’ questions that I don’t think the world…
That would work both ways though. Employers could also be overpaying staff by the same token. So what you are saying is just a lie told to stupid people to take their money away from them.
You clearly have no idea what you’re talking about. If you understood economics, you would understand the absurdity of what you just said. You’re rejecting the most fundamental basic of economics. It’s what you learn on…
“ The inverse relationship between quantity demanded and price is the core proposition in economic science, which embodies the presupposition that human choice behavior is sufficiently rational to allow predictions to…
Re: Krueger’s study: “The inverse relationship between quantity demanded and price is the core proposition in economic science, which embodies the presupposition that human choice behavior is sufficiently rational to…
Krueger’s study was highly flawed. What it amounted to, was, as one economist put it, attempting to prove that water flows uphill, by looking only at the upward movement of water in a rapids. It’s politically correct,…
I don’t see the logic. If what you’re saying was true, the free market would do this anyway. Employment is mathematically the same as any other commodity - mandatory price floors will make people who’s real value is…
THANK YOU. Finally someone who gets it. We are being taken for a ride, by people who prey on and actively promote ignorance. Economics is an incredibly simple discipline for anyone with more than half a brain, and an…
That’s silly. Of course increasing the minimum wage increases unemployment. It’s theoretically proven, and you can observe the evidence in the real world. And it’s simply common sense. Say you have a business which…
So how many lives were saved by vaccines (to the nearest thousand)? And how many by lockdowns?
The pandemic response globally has been a case study in what not to do. A perfect storm of misinformation and fear, plus a healthy dose of opportunism. Now the CDC is straight up withholding data in case we…
Making you pay for shit that should be free is basically Apple’s entire business model. But we still do it. “Charge me harder, daddy. You know I like it when you make me pay.”
Well, I think of it like this. I’ve had big nights that I don’t remember at all, from drunkenness. That doesn’t mean that I didn’t experience those events. I just don’t remember them. Similarly, I’ve had experiences in…
I would like to respond to you in depth, but I think a better option would be to recommend a good book on the subject. “Economics in one lesson” by H Hazlitt. First published in 1945, it explains, in clear terms,…
Well, since they’ve been increasingly unionized, they moved places like Texas (Tesla, SpaceX etc) and China. Take the medical industry, for example - they can’t exactly go on strike, yet they are the highest paying…
Problem is, unions are actually counter productive to any industry. They reduce available work and further incentivize off-shoring of jobs. In the post WW2 period, the UK and German manufacturing industries lagged…
An alternative perspective is that the lower performing teachers will relate more to the lower performing students, and the higher performing teachers will relate more to the higher performing students. And, from a pure…
Definitely true in Australia. You very often can’t get ice cream after a certain time of night.
I think it’s problematic to reduce human emotions and the human experience to mere cause/effect. Is the Mona Lisa paint on a canvas, a representation of one man’s artistic expression? Or is it a window into the soul of…
Simple answer: economies of scale.
Having existed pre and post Uber, in my country (Australia), here are my thoughts: Ordering an Uber is far, far quicker and easier than getting a taxi. Getting an Uber is still far cheaper. In the old days, if you were…
Absolute power corrupts absolutely.
Is that one of those cultures that had invented the wheel for a child’s toy, but not for any more practical purpose?
No mention of musical applications. I’d be curious to hear what one sounded like.
I agree. I think eating meat is abhorrent, and genetically mutilating animals even more so. Selective breeding is one thing, but this opens the doors to all kinds of ‘design gene’ questions that I don’t think the world…
That would work both ways though. Employers could also be overpaying staff by the same token. So what you are saying is just a lie told to stupid people to take their money away from them.
You clearly have no idea what you’re talking about. If you understood economics, you would understand the absurdity of what you just said. You’re rejecting the most fundamental basic of economics. It’s what you learn on…
“ The inverse relationship between quantity demanded and price is the core proposition in economic science, which embodies the presupposition that human choice behavior is sufficiently rational to allow predictions to…
“ The inverse relationship between quantity demanded and price is the core proposition in economic science, which embodies the presupposition that human choice behavior is sufficiently rational to allow predictions to…
Re: Krueger’s study: “The inverse relationship between quantity demanded and price is the core proposition in economic science, which embodies the presupposition that human choice behavior is sufficiently rational to…
Krueger’s study was highly flawed. What it amounted to, was, as one economist put it, attempting to prove that water flows uphill, by looking only at the upward movement of water in a rapids. It’s politically correct,…
I don’t see the logic. If what you’re saying was true, the free market would do this anyway. Employment is mathematically the same as any other commodity - mandatory price floors will make people who’s real value is…
THANK YOU. Finally someone who gets it. We are being taken for a ride, by people who prey on and actively promote ignorance. Economics is an incredibly simple discipline for anyone with more than half a brain, and an…
That’s silly. Of course increasing the minimum wage increases unemployment. It’s theoretically proven, and you can observe the evidence in the real world. And it’s simply common sense. Say you have a business which…
So how many lives were saved by vaccines (to the nearest thousand)? And how many by lockdowns?
The pandemic response globally has been a case study in what not to do. A perfect storm of misinformation and fear, plus a healthy dose of opportunism. Now the CDC is straight up withholding data in case we…
Making you pay for shit that should be free is basically Apple’s entire business model. But we still do it. “Charge me harder, daddy. You know I like it when you make me pay.”
Well, I think of it like this. I’ve had big nights that I don’t remember at all, from drunkenness. That doesn’t mean that I didn’t experience those events. I just don’t remember them. Similarly, I’ve had experiences in…
I would like to respond to you in depth, but I think a better option would be to recommend a good book on the subject. “Economics in one lesson” by H Hazlitt. First published in 1945, it explains, in clear terms,…
Well, since they’ve been increasingly unionized, they moved places like Texas (Tesla, SpaceX etc) and China. Take the medical industry, for example - they can’t exactly go on strike, yet they are the highest paying…
Problem is, unions are actually counter productive to any industry. They reduce available work and further incentivize off-shoring of jobs. In the post WW2 period, the UK and German manufacturing industries lagged…
An alternative perspective is that the lower performing teachers will relate more to the lower performing students, and the higher performing teachers will relate more to the higher performing students. And, from a pure…
Definitely true in Australia. You very often can’t get ice cream after a certain time of night.
I think it’s problematic to reduce human emotions and the human experience to mere cause/effect. Is the Mona Lisa paint on a canvas, a representation of one man’s artistic expression? Or is it a window into the soul of…
Simple answer: economies of scale.