pmarca

6 ms·

1.
by pmarca 6y ago
Indeed. Communist societies build less, and somehow also pollute more.
2.
by pmarca 6y ago
The left has been in control of the public sector in California for approximately forever.
3.
by pmarca 6y ago
OK Thanos
4.
by pmarca 6y ago
The average time horizon for anyone with young kids is 80+ years.
5.
by pmarca 6y ago
This is an odd time to attack Amazon?
6.
by pmarca 6y ago
It's a problem that strongly correlates to the cities richest in high-income knowledge-intensive jobs.
7.
by pmarca 6y ago
https://en.wikipedia.org/wiki/Public_choice
8.
by pmarca 6y ago
You'll never guess what happens next.
9.
by pmarca 6y ago
Was he right?
10.
by pmarca 6y ago
I have a harder time believing this after 2016.
11.
by pmarca 6y ago
"Being able to live near high-income jobs is the most direct path to the middle class in America." 100%
12.
by pmarca 6y ago
A bunch are changing in real time right now. For example, telemedicine being full legalized and paid by government insurance, same as in person doctor visits.
13.
by pmarca 6y ago
Well put!
14.
by pmarca 6y ago
The system is working great except there isn't enough censorship?
15.
by pmarca 6y ago
Are bugs discovered and corrected faster today in law or in code?
16.
by pmarca 6y ago
See also https://www.amazon.com/Justice-Matters-Rescuing-system-twent...
17.
by pmarca 6y ago
Most of the companies we fund are trying to go disrupt someone else's "dominant market position".
18.
by pmarca 6y ago
Fortunately, VCs have no regulatory protection whatsoever. Build a better way to finance innovation!
19.
by pmarca 6y ago
"When we were trying to think about what the future could look like, we scouted and examined a bunch of areas, and that's how we came to Singapore. There's nowhere that looks like Singapore; it's absolutely beautiful on
20.
by pmarca 6y ago
Compare, as another example, the price curve for LASIK laser eye surgery which is purchased out of pocket, to the price curve for every surgical procedure reimbursed by insurance.
21.
by pmarca 6y ago
Build grid scale batteries too!
22.
by pmarca 6y ago
What's happened to the price of Las Vegas real estate since Tony bought his section?
23.
by pmarca 6y ago
Yes, exactly.
24.
by pmarca 6y ago
Harvard is subsidized by the federal government and the American taxpayer several ways. It benefits from federal student loan programs. It receives federal research grants. It is allowed to be a tax-exempt institution. And it is allowed to
25.
by pmarca 6y ago
In that case, we can replace degrees with an IQ test and a personality test and call it a day. Hmmmmmm...
26.
by pmarca 6y ago
Anyone who builds a new product is creating supply ahead of demand.
27.
by pmarca 6y ago
Yes! Law = code. Law should be turned into code, and made available to everyone. A great current attempt is https://donotpay.com/
28.
by pmarca 6y ago
Thanks, agree, great book. I think of it as "Why Nations Succeed" instead. Inclusive institutions = economic generativity = non-zero sum. A more philosophical version is https://www.amazon.com/Finite-Infinite-Games
29.
by pmarca 6y ago
Nicholas is a British economist: https://en.wikipedia.org/wiki/Nicholas_Stern,_Baron_Stern_of... A somewhat stronger formulation of the same idea is from David Friedman: "People do things for other people for thre
30.
by pmarca 6y ago
Let's build what we need to make remote work fully practical and available to many more people!

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