flurben

8 ms·

31.
by flurben 6y ago
This would mean having elected officials, top-level managers, who knew what software development was, and prioritized those capabilities over extended periods of time. The top 2-5 layers of management tend to be the types who want solutions
32.
by flurben 6y ago
The public sector has a whole layer of complexity that doesn't exist at all (edit: as much) in the private sector, and I can promise you it frequently does NOT feel good at all. It is difficult to explain but people tend to use the wor
33.
by flurben 6y ago
As far as federal employees go, making their salaries tax-free would cost the government lost tax revenue. It would also make a lot of voters angry because they still pay taxes, but "those bureaucrats in Washington DC exempted themselv
34.
by flurben 6y ago
I wouldn't call the catalysts made-up, necessarily
35.
by flurben 6y ago
Never is an awfully long time
36.
by flurben 6y ago
Exactly, he believed subprime problems were contained, and there were no problems with fixed rate mortgages at that time. It was maybe not an accurate prediction about the future, but inability to predict the future is not lying.
37.
by flurben 6y ago
The mechanism for U.S. currency creation and management is constantly evolving, and its effects are as well. Effectively what we're talking about are central bank operations, which is a dry and boring subject within economics, that is
38.
by flurben 6y ago
You will have to clarify how the Soviets "forced" the PRC to engage in a foreign war.
39.
by flurben 6y ago
That is factually untrue. The war began when North Korea invaded South Korea. As I said, the PRC's policies are what drove its people into poverty. It was a choice the PRC made to attack the UN armies, it chose to do so fully aware of
40.
by flurben 6y ago
That was a direct consequence of the PRC's decision to attack the UN coalition army in Korea, and is the result of another failed policy of the PRC.
41.
by flurben 6y ago
As I responded to someone else : --- China was actually quite wealthy under the Qing Dynasty, and fluctuated between 10% and 35% of global GDP. In 1949, when the PRC was formed, they represented 9.5% of the global economy. In 1990, after
42.
by flurben 6y ago
China was actually quite wealthy under the Qing Dynasty, and fluctuated between 10% and 35% of global GDP. In 1949, when the PRC was formed, they represented 9.5% of the global economy. In 1990, after 41 years of Communist Party rule, Chi
43.
by flurben 6y ago
The CPC drove its own people into poverty in the first place, after WWII. Liberalisation and foreign trade is what brought them out of poverty over the past 30 years.
44.
by flurben 6y ago
You seriously think that everywhere in America with reasonable tax rates is just getting fiscal transfers from SF?
45.
by flurben 6y ago
I agree, linguistically that comment borders on gibberish.
46.
by flurben 6y ago
What you just said is factually incorrect. Expanding the monetary supply does not "make the rich richer."
47.
by flurben 6y ago
Wow, 2 years, such a long time
48.
by flurben 6y ago
I disagree. Insurance -- all insurance, even high risk pools -- is fundamentally a numbers game. If the premiums are high enough, then it can be profitable; if it is unprofitable, then the premiums aren't high enough.
49.
by flurben 6y ago
> This hasn’t been attempted before The Soviets did something similar, just without as much effectiveness. Western leaders were never so stupid to treat individual soviet companies as though they were independent from the soviet governme
50.
by flurben 6y ago
I think you are over-simplifying. Yes, poor people often incur environmental risk by inhabiting undesirable urban land that's risky. But it is also very common for the wealthy to intentionally take on flood/fire risk so they can b
51.
by flurben 6y ago
30 years ago, building in flood plains had been an established routine for decades in Texas, and all over the United States. Using Houston as an example, 50 to 100 years ago it was the norm to bring in fill dirt from other regions, flatten
52.
by flurben 6y ago
Private flood insurance could certainly be profitable, given high enough premiums. The obstacle to a functional flood insurance market are all the people who can't afford market premiums, who have complained to their politicians, deman
53.
by flurben 6y ago
There is no 100 year rule. To the extent that "N-year floods" exist, or their hypothetical water levels, that is all more of an arbitrary label than a scientifically-valid designation. realistically they're measuring "b
54.
by flurben 6y ago
It is common among the general population to believe that: "When developers build new things it makes my home value and property taxes go up." It is VERY difficult to get them to understand that they have the cause-and-effect reve
55.
by flurben 6y ago
You have severely misunderstood Keynes and Marx, if you think they "disproved supply and demand."
56.
by flurben 6y ago
It was from an interview in New Yorker magazine, so it probably comes from a comparison of US to non-US labor rates. https://www.bls.gov/oes/current/oes_nat.htm Median hourly rate in the US ranges about $41/h
57.
by flurben 6y ago
There are numerous reasons, but the most important one is that American tech firms are better-capitalized than European tech firms. Europe has the individual talent, but their capital markets tend to be sclerotic and risk-averse, and in the
58.
by flurben 6y ago
Expecting to be fairly compensated for your labor is not "entitlement."
59.
by flurben 6y ago
It does not directly answer your question, but an illustrative example is DuPont's spinoff of Chemours in 2015. Chemours was loaded with "assets" like dangerous chemicals, and their accompanying lawsuits. (One phrase used in
60.
by flurben 6y ago
So precisely what level of national wealth does it become a moral imperative to sacrifice the interests of your own people? Americans are constantly being fired and replaced with cheaper h1bs.

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