ItsMonkk

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by ItsMonkk 5y ago
Rental rates should always be set at the highest that the renters can afford according to the supply/demand curve. If you raise taxes and rental rates go up, that means they were leaving money on the table previously. If the rental rat
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by ItsMonkk 5y ago
An ideal that you want to try to attempt to work through is the Principle of Least Power[0]. While is strictly more powerful than for, for is strictly more powerful than foreach, foreach is strictly more powerful than map. And yet 95% of th
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by ItsMonkk 5y ago
But they can only set the Fed Funds Rate at a rate that is lower than the 30y Treasury rate. Any higher and we get a yield curve inversion and a recession[0]. And as the GP says, the destabilizing effect of that recession only pushes rates
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by ItsMonkk 5y ago
> because buying stocks doesn't push interest rates down But it does. Either money can go into consumption goods, or it can go into investment goods. If it goes to investment goods, it does not go to consumption goods(this statement
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by ItsMonkk 5y ago
Hiring Juniors is a positive externality that the company does not see a penny of. They only see a penny of that externality if they don't give a raise, and that Junior chooses to stick around anyway. You get to exploit that he made fr
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by ItsMonkk 5y ago
“When a measure becomes a target, it ceases to be a good measure.” When the population you are trying to sort becomes larger than the ability to discover value, you rely on values that are given to you. Your argument is valid. Once the pop
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by ItsMonkk 5y ago
This is the problem with blog articles showing minimum code examples. Minimum code examples are important because the more code you show the more your audience spaces out and moves on. The comments here are saying "but you just moved i
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by ItsMonkk 5y ago
Let's go to an extreme, let's say taxes are 100% of the house value per year. 1 million dollar house is 1 million dollar taxes. 10k house is 10k taxes. It's obvious what would happen, the house price would drop. What would it
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by ItsMonkk 5y ago
Yes. Anytime you create a new law, you should, like good code, remove all of the hard-coded values within it. Ideally all laws should be pointfree[0]. Having a max value of owners can easily be routed around(I don't own this house, thi
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by ItsMonkk 5y ago
All of those things are just a symptom of the economic problem. Existing owners lobby for those things because those things make them rich. Every building not built leads to everyone in the neighborhood making another dollar. When being a N
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by ItsMonkk 5y ago
The easiest way to set up such a tax is figure out how much it costs to build a building. Let's say in SF currently there is a house that sells at $1M dollars. But that house didn't cost $1M to build, it might have cost $200k in m
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by ItsMonkk 5y ago
People think of inflation like they think of the oceans. If the ice caps melt and water melts in, the shore lines from New York to Tokyo rise slightly. If you track this rise, that's inflation. That's not how it works, and it&#x27
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by ItsMonkk 5y ago
Never heard of this before, but it seems like it was a class-based Battle Royale created 25 years ago? Wow, that was way ahead of the times.
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by ItsMonkk 5y ago
Everyone knows in a perfectly efficient market profits naturally go to 0. Recently I worked out that platforms - for example iOS and Android apps - where developers and users form a two-way market where the network effect dominates, natural
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by ItsMonkk 5y ago
It's about the long tail. If I look at the people that I have subscribed to on YouTube, and then take the mean of their count of subscribers, the mean is probably over a million. When I do the same on TikTok it's about 10k. There
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by ItsMonkk 5y ago
UBI. The verbiage comes from the climate plan[0] using the same mechanism. [0]: https://en.wikipedia.org/wiki/Carbon_fee_and_dividend
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by ItsMonkk 5y ago
Exactly. The tax externalities and dividend system is such an underappreciated idea. Sugar, carbon, and land are things that we move quickly to implement and bring it to more and more externalities.
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by ItsMonkk 5y ago
The intuition that I've built up is that most of the time that you have a debate that goes on for more than about 5 minutes, there's a problem at a different abstraction level. For instance with Imperial vs Metric System, Metric o
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by ItsMonkk 5y ago
In a friendly Poker game, everyone comes in with some amount of money, and by the end of the night the money changes hands. Some are winners, some are losers. That's a zero-sum game. When you go to a casino to play Poker, as condition
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by ItsMonkk 5y ago
Right. If you double the money supply by dropping interest rates, the people with the new money are the credit worthy people who can afford to take out new debt(though mostly companies). The things that those people demand are what rises in
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by ItsMonkk 5y ago
Right. When you weigh a certain weight, you have a certain resting energy expenditure. Let's say the average 200lb(Sorry for the American units) man burns 2000 calories a day. If he then goes a week only eating 1500 calories, he will h
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by ItsMonkk 5y ago
Tax externalities and then return that money averaged out over everyone as a dividend, see [0] for an example. Therefore instituting the tax will lead to an immediate boost to those who already use less electricity, like poor people. But ev
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by ItsMonkk 5y ago
Completely agree and basically proposed the same system last month here[0]. I also made a comment matching yours about topic based communities[1]. An analogy I'm beginning to understand for this problem is Depth-First-Search Vs Breadth
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by ItsMonkk 5y ago
I generally agree with your response. There is nuance and every project will be different and every team will be different. There was a PM post this last week[0] where I can cite possible flaws. The PM creating this post has engineering exp
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by ItsMonkk 5y ago
I'm not yet an expert on this, but I'm coming to the same intuition that the writer has so let me attempt to explain. Let's say we have 4 domains, and 4 domain experts. P is product, B is backend, F is frontend, and D is data
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by ItsMonkk 5y ago
What Prop 13 does for owners, rent control does for renters. Both gives huge advantages to current residents at the expense of future residents. It's obvious why current residents would vote for such a change. This allows current resid
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by ItsMonkk 5y ago
This has always seemed obvious to me. You would have 4 options for each item, ( Upvoted, Downvoted, Not Voted, and Blocked). If a SEO manipulator is Upvoting a bunch of spam content that you didn't vote(that you've seen) for, down
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by ItsMonkk 5y ago
This comment being down-voted, along with the top most up-voted child being a quip about being rewarded for being down-voted, is art. It's very clear that absolute vote count is a meaningless number. The vote count depends on which sid
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by ItsMonkk 5y ago
I'm on a medium sized team so this might not be possible for everyone. The way I resolve this in my Trunk-Based source control system(so we heavily use Feature Flags) is to just never merge. Every person who is to check-in code is to f
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by ItsMonkk 5y ago
But YT Premium only blocks YT ads, it doesn't block Sponsored Content put there by the content creator. Maybe that's okay, since by definition these ads aren't of the tracking variety? So now you don't need AdBlock, but

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