Tyrek

17 ms·

151.
by Tyrek 9y ago
Sure, but generally the top income earners aren't really in the same market as people with lower incomes. Sure there's indirect impacts, but the housing stock that they pursue is different, they eat at different places, probably s
152.
by Tyrek 9y ago
No, it's an inflation argument against UBI. If everyone has more money, everyone becomes less sensitive to increases in prices, and therefore prices rise into the new equilibrium. (Increase in demand without a corresponding increase in
153.
by Tyrek 9y ago
That doesn't mean that we should avoid all regulation - government action is sometimes the only way forward when dealing with certain situations, especially given the industry's reluctance to self-regulate. Regulatory capture is a
154.
by Tyrek 9y ago
> Exactly this, if you help one you gotta help all of them unless it's against the law for them do to so (banned parties). Do you? That's kind of like saying that 'if you donate to one party, you gotta donate to all of the
155.
by Tyrek 9y ago
And acknowledging hate apparently allows the haters to become POTUS, and subsequently "weaken liberal democracy, tax cuts for themselves". You have to admit, that skews the calculation somewhat.
156.
by Tyrek 9y ago
So what is your solution? you haven't made an argument that there is an alternative choice other than 'more government'. Sure, bureaucracies are sprawling beasts of inertia, but what's the alternative here? Less governme
157.
by Tyrek 9y ago
Liquidity. The fundamental problem with pre-financial markets is the inability of those with money (investors, both large and small) to connect effectively with those who need money (business owners, etc). Often, you needed some sort of per
158.
by Tyrek 9y ago
Not just that, but you have to consider the sticky wage effect - If group healthcare was outlawed, by how much do you think your employer would increase your salary? Would it be politically feasible for govt employees to receive the salary
159.
by Tyrek 9y ago
It's a capacity issue - you wouldn't 'find somebody who ticked all the boxes, but didn't have a degree' in the first place, because their resume would simply not make it into the interview pile. Now that may be shor
160.
by Tyrek 9y ago
Is it truly ironic? Most 'social reject' subcultures trend towards their own styles of conformity and in/out group determination, which can be as harsh or harsher than that of the mainstream. Should it really come as a surpri
161.
by Tyrek 9y ago
Sure - you use observation and comparison to validate against your existing models, not directly against other countries. To apply the model to other countries, you have to tweak your model for additional factors that vary between the count
162.
by Tyrek 9y ago
That's the whole basis of social science. As much as HN shits on social science for being unverifiable, the entire point of the domain is that some things (namely, economic understanding) are not verifiable through observation and comp
163.
by Tyrek 9y ago
It's entirely unfair to use 'but still' as any sort of argument here. Iceland is not a large chunk of the world economy, nor does it have a premier position as the world's economic nexus to protect. It's well docume
164.
by Tyrek 9y ago
if you had purchased the BTC at $20, you now owe taxes on $980 of realized gain. Once you've paid that, your new (tax) basis in ETH is $1000, so you can do whatever you want with it (including exchange it to USD) if the value doesn&#x2
165.
by Tyrek 9y ago
This is fairly limited thinking - your perception of the problem is constrained by the current status quo. What if Dividends, Income and Cap Gains shared the same tax rate? What if Trusts were not tax protected? Off-shoring is already prett
166.
by Tyrek 9y ago
These are just metrics - often used for specialized or internal calculations. The unemployment rate (excl. discouraged workers) is primarily an Econ metric that the press has fixated on. There's plenty of other metrics out there, but m
167.
by Tyrek 9y ago
Regulatory capture and ineffectual politicians. If politicians pay no heed to the civil service, the civil service has no impetus to improve.
168.
by Tyrek 9y ago
anecdata != data. You haven't presented any alternative views on what a presumably more competent economist could have executed on. Just because life was bad doesn't mean that it could have been better.
169.
by Tyrek 9y ago
I'm not sure that this is absolutely true - in the American experience it has been a consistent experience; but in other countries there have been state owned monopolies that blow Comcast out of the water.
170.
by Tyrek 9y ago
While I'm sure that a lawyer can spin in circles arguing semantics over what is bitcoin , the stance that the SEC has taken is that cryptocurrencies are commodity-assets, and therefore any derived assets (forks, etc) are the property
171.
by Tyrek 9y ago
There's no reason why this is outrageously unfair. An external consultant is only held to an advisory standard because they are external - they are not party to the detailed nuances that management may have inadvertently or deliber