brc

11 ms·

61.
by brc 11y ago
Each round of centrally planned malinvestmemt in make work lowers the flexibility to deal with the next one, at the same time increasing the moral hazard for firms to expect the government to make good their losses. It also tends to create
62.
by brc 11y ago
Boom and bust markets are caused by human infallibility and time lags. Instead of providing government cover for the cycle, the lesson for businesses should be that they need to prepare for boo and bust. Knowing a truckload of government m
63.
by brc 11y ago
This is a critical point. No they are not. Where I live billions and billions was spent on water infrastructure. No actual improvements in supply were made- no additional catchments were built, because dams == bad. The money was spent in
64.
by brc 11y ago
If only that were true! Besides, it's not economists that matter here. It's talking heads who provide cover for politicians to create massive amounts of malinvestmemt of scarce resources, diverting from possible productive invest
65.
by brc 11y ago
FDRs policies included the Hoover dam, a massive productivity boost. The latest round of stimulus spending included cash for clunkers, lots of money for financial institutions and paybacks to teachers unions and other supporters. That&#x27
66.
by brc 11y ago
The issue is that, by having politicians decide where and when to build the bridge, you don't necessarily end up with the right bridges. What you wrote is correct, the flaw is you put in the word 'useful'. If it were just abo
67.
by brc 11y ago
People of old age do become infertile. 50% of the population has a 100% chance of becoming infertile before they are even 'old'. Genes don't care about the old. They care about reproduction.
68.
by brc 11y ago
The world economy is dominated by people in governments who believe that printing money, burying it and paying people to dig it up again will increase the amount of trucks built and goods shipped. No amount of failure of this theory will b
69.
by brc 11y ago
I haven't worked in an office in 10 years. If I do visit one I find it takes incredible discipline to actually sit down at your desk and work, and not take part in all the water cooler-ing that goes on. I have made friends with people
70.
by brc 11y ago
Just create areas with relaxed zoning. Inspect only for service and building quality and let people build what they want. This will create affordable housing. The incredibly high fixed costs on development push the model towards high price
71.
by brc 11y ago
The population of Denmark is lower than the Bay Area. Some things are just easier with a small population and land area and relatively homogenous population.
72.
by brc 11y ago
Basic human right - taking it too far. Safety and freedom of speech are basic human rights. Something like 'basic citizen right' makes more sense. If you want to opt out of being a citizen, you're still a human.
73.
by brc 11y ago
Yes. Even structuring a two-tier payment type implies central planning and the thought that some group of people in front of a whiteboard can choose best for others who they have never met. Even if some people waste the money on drugs the
74.
by brc 11y ago
You're correct, but it seems like too much work and random people just one day blow up your feed with some type of rant. The signal/noise ratio requires too much tuning
75.
by brc 11y ago
Yeah the way they were kept open and then shut down was purely political, no argument there. But they were doomed in an era of free trade. Arguably the UK should have moved to free trade earlier and reaped the benefits instead of arguing
76.
by brc 11y ago
So you define someone with labels and then argue against what you think that person thinks. Labelling and then arguing against that label is a good way to feel correct but fail to persuade. I am not American nor do I fit into any of the la
77.
by brc 11y ago
I didn't write any of that. You have inserted words into my argument and then gone on to debate something I didn't say. There is no scientific argument about the fact that the roman and medieval periods were as warm or warmer tha
78.
by brc 11y ago
In the last twelve months I have stopped using Twitter. It used to be fun but it just became a mess of marketing and moral posturing and bullying. It wasn't a conscious decision, it just happened. It's like the photos of the woma
79.
by brc 11y ago
Every book you read is biased one way or the other, because the issue has created pathways to power. Given that they are all biased, it's safe to ignore the ones created by governments, which can reap the most benefit. The ipcc report
80.
by brc 11y ago
It still matters for transmission, construction and maintenance costs, as well as resources like land and labor. You may not need scaled installations, but they will still beat out the alternatives in any industry shakeout over the long ter
81.
by brc 11y ago
What is a climate change denier? Someone who denies that the climate has and will change? Of course stopping all production will stop changing the makeup of the atmosphere as far as humans go. In the same way stopping people killing each
82.
by brc 11y ago
Which part? Are you saying the roman or medieval warm periods dont exist?
83.
by brc 11y ago
Where you can put wind power, how many approvals you must have, how long the lead times are. If you can't see how regulatory process increase costs, use this thought experiment. You want to build a house. You buy some land for it, an
84.
by brc 11y ago
There is no 'solution' to climate change becaus the climate changes. It's not even always a problem, either. It's like strong/weak currencies. Some people want a strong currency, others want a weak currency. Adap
85.
by brc 11y ago
You see references to the IPCC here. Safely ignore those. The ipcc is a political organisation - it's in the title. It was setup specifically to find evidence for a set theory, not to study the problem. Plus the models that the IPCC
86.
by brc 11y ago
Actually it was for economic reasons. The UK lost comparative advantage for coal production. The way they mine coal in the UK is positively archaic compared to monster open cut mines which out produce the UK deep pits by a wide margin.
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by brc 11y ago
Or it could be personal bias filtering memories and inputs. I know which one I'd bet on.
88.
by brc 11y ago
With respect, that simply is not true at all. People (activists and their politicians) are continually using the constant threat of disaster to try and gain power. Witness how many times have we heard a politician say 'we have (inser
89.
by brc 11y ago
Don't fall for the mistake of taking known reserves to be the actual amount in the earths crust. 'Oil is about to run out' predictions have been falling for this for a century now, and continue to make the same error. There i
90.
by brc 11y ago
Yes, the central England temperature series (CET). Now run by the met office, it goes back to 1659. There is no scientific doubt about the roman and medieval warm periods being as warm or warmer than today. The anthropological evidence of

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