deoptimo

5 ms·

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by deoptimo 10y ago
On a less somber note, you are praising the empowerment of ignorant people to become secret informants on behalf of a security state with the power to disrupt the lives of others. This is a tried and proven path that many countries have fo
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Former PwC employees face trial over role in LuxLeaks scandal(theguardian.com)
2 points by deoptimo 10y ago|0 comments
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by deoptimo 11y ago
If you include wealth transfers such as inheritance in consumption, and you include mortgage spending, then log-consumption can work fine too. The only problem is that it is more difficult to measure because you would need to track either e
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by deoptimo 11y ago
The idea of using log-income as a proxy for utility is not new. It is a standard measure in the economics of taxation. Yes it is different than measuring consumption. It is an improvement over GDP in the sense that it measures how the econo
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by deoptimo 11y ago
Good point on the final goods distinction, thanks. The distinction between consumption and income is not significant for a large fraction of the population, and if you are going to track just one number, it really shouldn't be consumpt
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by deoptimo 11y ago
A metric that I like is mean(log(after-tax income)). It is a reasonable measure of the average "utility" that income provides to a population. If money circulates among corporations but does not change personal income, then the me
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by deoptimo 11y ago
As an alternate hypothetical, lets imagine that every multinational happens to be related to a large number of subsidiaries in the Cayman Islands, Bermuda, Singapore, and Luxembourg. Furthermore, suppose that three quarters of all world-wid
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by deoptimo 11y ago
0. When many of the world's resources will be depleted in a multi-decade timeframe, there is a problem. I want humanity to last millions of years. 1. Fortunately, longer schooling and birth control has reduced the rate of growth in the
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by deoptimo 11y ago
Take a closer look at the sections on hybrid entities, treaty shopping, and transfer pricing. There are loopholes wide enough to let tanker ships pass.
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by deoptimo 11y ago
The loophole is setting up a multi-national structure to implement the base erosion and profit-shifting strategies discussed here: https://www.oecd.org/tax/aggressive/beps-2015-final-reports....
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by deoptimo 11y ago
> So if we focused on developing a tool whose sole purpose was to give us quantified feedback on the consequences of our actions - much like how we use utility bills ... Utility bills and a carbon tax are the only feedback you need. All
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by deoptimo 11y ago
I get tired of NY headlines pushing their city as the centre of the known world. So many major cities have a "Broadway".
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by deoptimo 11y ago
The ratio of comments to votes in this thread is a perfect example of the "chilling effect" surrounding this topic and the limits it creates on free speech.
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by deoptimo 11y ago
Why the down vote?
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by deoptimo 11y ago
I agree with the sentiment, but I don't think a competition investigation is the appropriate forum to deal with this. There should be a fine, perhaps through a class action or criminal conviction. I certainly hope the penalty for ille
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by deoptimo 11y ago
So you think that the appropriation of unused real estate is worse than whatever disaster led to the mass exodus of a population from a major city. Interesting, but that is not how I think.