harryh

11 ms·

61.
by harryh 5y ago
That's not what the current curve actually looks like though. The rate of increase is declining every year. There are a number of developed economies that already have shrinking populations. There are a couple of different population p
62.
by harryh 5y ago
Developed economies are already not on an exponential path (as is made clear in the linked post if you would bother to read it). You are reasoning from a false premise.
63.
by harryh 5y ago
For most of history, when a society gets richer, the rich enslave more people and consolidate power This is not true. The enormous rise in wealth of the world in the 20th/21st centuries has coincided with large increases in personal
64.
by harryh 5y ago
History has shown us that as societies get richer / more productive people work less. Here is a graph of this in the US: https://upload.wikimedia.org/wikipedia/commons/thumb/2/2e/US... This mak
65.
by harryh 5y ago
Yes, fiscal policy is important as well. It's also probably true that the federal government has overdone it a bit as we're now seeing supply side driven inflation. These sorts of things are rarely handled perfectly.
66.
by harryh 5y ago
Appropriate management of the money supply by the Fed also created the best economic circumstances for the middle and working classes in 20 years.
67.
by harryh 5y ago
There is some truth in this post, but it's also important to understand that in most of the places with very large lots, it is illegal to subdivide the lots and build denser housing. If greater density was legalized, it would almost ce
68.
by harryh 5y ago
As you can see from my link, life expectancy at birth was around 67 in 1950. There has been an 18% increase since then. You continue to make claims that are inconsistent with the data.
69.
by harryh 5y ago
Frankly, as a parent, I think "fewer dead children" is a pretty big deal. Perhaps one of the biggest improvements in human welfare that one would hope to see in society.
70.
by harryh 5y ago
As for "longer life expectancy", all accounts I've read say that we got that early on in the 20th century In the US, life expectancy at birth was around 53 in 1921. Today it's almost 79. That's a nearly 50% increa
71.
by harryh 5y ago
Diplomacy works like this.
72.
by harryh 5y ago
Er. Oops. My bad. See my EDIT note.
73.
by harryh 5y ago
It sounds like there are some pension benefit lock in effects that might make job switching costs higher than one would like.
74.
by harryh 5y ago
He was featured anonymously. Though it's possible that there is enough information (age, tenure, gender) in the article to identify him. A bit hard to say. He'd also have a pretty clear cut case with the NLRB if he was fired or ot
75.
by harryh 5y ago
I have no idea who JD Vance is He wrote Hillbilly Elegy which was a NYTimes #1 bestseller, an Oprah book club pick, and sold over a million copies. It also go made into a movie by Netflix. He's now running for Senate in Ohio where he
76.
by harryh 5y ago
The annual mortgage on a 1.2M loan (80% of 1.5) is 70k or so. That's perfectly reasonable on a 500k/year salary. Not sure why you'd call that insane.
77.
by harryh 5y ago
I don't see what people being exhausted has to do with population growth.
78.
by harryh 5y ago
except for the part of an economic system that requires unending growth This is such a tired phrase. Like if we had socialism or communism or some other -ism it wouldn't matter. But that's just not true. The issue is math and th
79.
by harryh 5y ago
The use case for buying groceries on the internet was clear (getting food without having to go pick it up yourself). It was just a question of things getting big enough for the economics to work. The use case for distributed ledgers is not
80.
by harryh 5y ago
An investor with dollar signs who buys 20 houses in order to rent them out doesn't affect housing costs all that much. It just shifts stock from owner occupied housing to renter occupied housing.
81.
by harryh 5y ago
5% inflation per month would mean 80% inflation per year. Nominal GDP growth is about 3 or 4%. So your statement implies that a typical American family is losing over 40% of its purchasing power year over year. This is, quite obviously, not
82.
by harryh 5y ago
A lot of the discussion of "health" in the US is actually coded conversation about physical attractiveness.
83.
by harryh 5y ago
For the record, it's 49% support according to Gallup. https://news.gallup.com/poll/311672/support-sex-marriage-mat... And based on the trend, it will cross 50% imminently (if it hasn't already).
84.
by harryh 5y ago
> The top US capital gains tax is 20%. The 3.8% is a separate tax A tax on, among other things, capital gains. See: https://www.irs.gov/newsroom/questions-and-answers-on-the-ne... "8. What is included in Net In
85.
by harryh 5y ago
> The US has the lowest effective individual capital tax rates in the world outside of tax shelter countries. The capital gains rate in the UK is 20%. https://www.gov.uk/capital-gains-tax/rates The top capital gain
86.
by harryh 5y ago
When I started at Microsoft in 2000 I believe my initial salary was 62k just as another reference plus some stock options (honestly I can't remember the details of that part). This was a very good comp package for a new college grad.
87.
by harryh 5y ago
Before it was a gift phone it was $1,000. They changed that in....2008ish maybe. I can't remember the exact year.
88.
by harryh 5y ago
COPPA allows children until 13 to share personal info. They just need a parent's permission to do so.
89.
by harryh 6y ago
What's so special about housing that you need an extra special tax like this? We don't have it for cars or machinery or other kinds of capital goods. I'll answer my own question: the root problem of too high rents is that gov
90.
by harryh 6y ago
- Maybe they want to move into it later. - Maybe they haven't found a suitable tenant yet. - Maybe they are holding it open for a friend or family member. - Maybe they want to do some renovations before renting it out. - Maybe they wan

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