bhupy

16 ms·

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by bhupy 5y ago
> Your refusal to condemn Jefferson for his actions is odd. It's not like the man was devoid of praiseworthy actions but he was no saint. You're right, just to take a step back and make it absolutely clear, I definitely condemn
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by bhupy 5y ago
Thanks, that's another one; but again, the intention of it was to grease the wheels for the slave states to join the Union so that the institution itself may eventually be outlawed. Indeed, Jefferson's outlawing of the internation
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by bhupy 5y ago
> I don't think you can plausibly win your argument that the 3/5ths Compromise had the intent, let alone the effect, of abolishing slavery. I can try! The slave states hoped to have their slaves count has whole persons on the m
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by bhupy 5y ago
> minus the slavery clauses Which slavery clauses? In fact, the only clauses in the US Constitution that addressed slavery in any form (the Three-Fifths Compromise) were actually incentives to abolish slavery. > They were rank hypocri
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by bhupy 5y ago
But the big difference is that, unlike Chernow, many (if not all) Confederates were contemporaries of the Founders, including Jefferson. It would be like modern historians today trying to work out Reagan's political positions. And the
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by bhupy 5y ago
I mean, it's as straightforward a characterization of Jefferson's views as it gets, and from contemporaries. I don't know about Monroe, but Jefferson was unable to free his slaves because he was deeply in debt ( https:/&
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by bhupy 5y ago
Pretty much every Founder thought that slavery was a huge political shit-sandwich that made Federalization difficult, and they all hoped that the Federal system would sow the seeds for its eventual abolition. The infamous Cornerstone Speech
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by bhupy 5y ago
An excerpt from a 2020 Stratechery article ( https://stratechery.com/2020/facebook-invests-in-jio-platfor... ): “Over the past two years, more than 200m Indian phone users have flocked to take advantage of arguably the g
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by bhupy 5y ago
This is a pretty good video that explains the legal/political structure of the EU: https://www.youtube.com/watch?v=_lj127TKu4Q
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by bhupy 5y ago
Yeah the Auten-Splinter research is the most contemporary critique, relative to the 2014 IMF paper, and is the one that's most widely accepted now. Piketty, Saez, et al have yet to really address anything there.
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by bhupy 5y ago
That's the logical hypothesis, but the article we're commenting on seems to show that it's more complicated. FTA: "The logical case for why the Fed’s activities cause wealth concentration is that low interest rates and h
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by bhupy 5y ago
That was his thesis, but it's since been questioned/refuted: https://www.imf.org/external/pubs/ft/wp/2016/wp16160.pdf > Using a sample of 19 advanced economies spanning over 30 years, I
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by bhupy 5y ago
Even if we're talking about wealth and not income, the amount necessary to be in the top 10% wealth is...not that much. It's about $800,000 in net worth: https://dqydj.com/net-worth-percentile-calculator-united-sta
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by bhupy 5y ago
Firstly, consecutive years are in fact shown as well in the data linked: 56% of Americans spent 2 consecutive years in the top 20%, and 35% spent 2 consecutive years in the top 10%. Secondly, these numbers are based on tax filings, and even
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by bhupy 5y ago
I recommend reading the research paper it's based on: https://journals.plos.org/plosone/article?id=10.1371/journal... There's a specific table that breaks it down clearly: https://journals.plo
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by bhupy 5y ago
Except there is already quite a lot of competition in the market. Tesla is by no means a monopoly, and the automobile market has traditionally never had a monopoly problem. It's just that Tesla happens to have the strongest product tod
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by bhupy 5y ago
The core difference, of course, being that there's an in-built mechanism for meritocratic selection and failure. Big companies that "centrally plan" first of all only get there by establishing merit via product/market fi
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by bhupy 5y ago
> Personally, it seems like Twitter is a much more malevolent cultural force Completely agreed, it's quite impressive that they've managed to remain unscathed in all of this. Every single criticism that one can level against Fa
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by bhupy 5y ago
> fire in a crowded theater being the canonical example https://www.theatlantic.com/national/archive/2012/11/its-tim...
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by bhupy 5y ago
This talking point is simply not true: https://twitter.com/Noahpinion/status/1424038327905230850
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by bhupy 5y ago
> I am not even sure if anything was much different had Apple never existed in the first place. https://cdn.redmondpie.com/wp-content/uploads/2019/01/phones... https://cdn.osxdaily.com&#x2F
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by bhupy 5y ago
Actually, the single highest leverage cost reduction measure is to reduce the raw cost of care, which is 5x higher than peer nations. Once you do that, the 5-10% here and there no longer matters. If you spend much time in this industry, you
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by bhupy 5y ago
> All the systems are there already And all the systems are there already to implement a Swiss-style system (universal private healthcare with an individual mandate, sliding cost subsidies, and protection for pre-existing conditions). Th
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by bhupy 5y ago
You might be interested in this list of US States by HDI, alongside their equivalent counterpart nation: https://en.wikipedia.org/wiki/List_of_U.S._states_and_territ...
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by bhupy 5y ago
You’re right. I was under the (incorrect) impression that the stop loss on traditional health plans was prohibitively higher than on dental and vision, but it appears not to be the case. Most employers seem to be buying level-funded reinsur
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by bhupy 5y ago
Because it’s obviously not the most realistic path if it has no hope of passing “for the next decades”. There are clearly other more realistic paths, in that case.
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by bhupy 5y ago
> so this article's conclusions about the role of admin costs are... not particularly thorough You seem to be in aggressive agreement with it, though. From your own calculation here, the per capita savings amounts to about ~10%, whi
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by bhupy 5y ago
> So... where is it if not in the "inpatient and outpatient care" bucket? Sure, maybe minus whatever portion of that represents profit, OK, but that can't be so much as to render it anywhere near being negligible. > Or
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by bhupy 5y ago
> In my view Medicare for All is the only realistic path. > Unfortunately Biden doesn't want it so that opportunity is gone for the next decades probably. These two sentences are at odds with one another.
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by bhupy 5y ago
> The admin costs in the US are roughly $937 + ($8,021 * 0.25) = $2942.25—and possibly worse, depending on how much of the stuff from other categories might fall under "hospital budget", though that may be evened out by the dif

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