throwaway73838

5 ms·

1.
by throwaway73838 4y ago
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 traveling after 10pm,
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by throwaway73838 4y ago
Absolute power corrupts absolutely.
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by throwaway73838 4y ago
Is that one of those cultures that had invented the wheel for a child’s toy, but not for any more practical purpose?
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by throwaway73838 4y ago
No mention of musical applications. I’d be curious to hear what one sounded like.
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by throwaway73838 4y ago
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 is ready for, or ever
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by throwaway73838 4y ago
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.
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by throwaway73838 4y ago
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 day one. Changes to
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by throwaway73838 4y ago
“ 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 be made. Just as no ph
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by throwaway73838 4y ago
“ 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 be made. Just as no ph
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by throwaway73838 4y ago
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 allow predictions to be
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by throwaway73838 4y ago
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, feel good nonsense. Ju
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by throwaway73838 4y ago
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 lower than the market ra
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by throwaway73838 4y ago
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 interest in learning so
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by throwaway73838 4y ago
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 employs ten staff at $10
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by throwaway73838 5y ago
So how many lives were saved by vaccines (to the nearest thousand)? And how many by lockdowns?
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by throwaway73838 5y ago
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 “misinterpret” it. [1] [1] https
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by throwaway73838 5y ago
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.”
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by throwaway73838 5y ago
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 dreams that don’t mak
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by throwaway73838 5y ago
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, economic fallacies which ex
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by throwaway73838 5y ago
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 industry in most countrie
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by throwaway73838 5y ago
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 behind the US in both wag
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by throwaway73838 5y ago
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 efficiency standpoin
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by throwaway73838 5y ago
Definitely true in Australia. You very often can’t get ice cream after a certain time of night.
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by throwaway73838 5y ago
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 humanity? It can
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by throwaway73838 5y ago
Simple answer: economies of scale.
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by throwaway73838 5y ago
I feel you’re being disingenuous here. Of course I know that Bitcoin cannot be directly used for energy in a system where only BTC existed. But we don’t live in such a system. We live in a system where the scarcity of money is used as an an
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by throwaway73838 5y ago
This sounds interesting. Will it be available on mobile?
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by throwaway73838 5y ago
Actually, you’re wrong. Laughably so. Your assertion a the end there about more energy always being used than you get back - if that were true, mining btc wouldn’t be profitable - the whole point is you make more BTC than the value of the e
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by throwaway73838 5y ago
Internet = star link. And this is already happening. There are geothermal remote Bitcoin mines in operation. Full disclosure, I don’t own any crypto. I’m just interested in the technology. I see it as an inevitable transition.
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by throwaway73838 5y ago
I’ll try and explain it better. Money is analogous to work. You can’t just conjure up money (that would be illegal). If I have 50 dollars, I can pay someone to mow my grass. I have just converted potential energy (money) into work. In the s

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