kiba

9 ms·

121.
by kiba 10mo ago
They have powerful untaxed monopolies in excess of the economic value tech companies themselves generate. At some point, the value of their services come from the people who use their sites.
122.
by kiba 10mo ago
"Low risk" unfortunately doesn't mean no risk. I wish to be vaccinated against all disease, but rationally I must acknowledge very low probability event of harm from vaccination. It's why they're recommended only fo
123.
by kiba 11mo ago
Building like cars depreciates over time, while land don't. Economic rent is in the land.
124.
by kiba 11mo ago
Zoning change would spike land value in more populated area much more closely located to metro center, but it will depress demand on locations further away from the urban center.
125.
by kiba 11mo ago
Land cost will also start to matter, but probably not at the scale that Starlink is doing. Regardless, orbitals are real estate.
126.
by kiba 11mo ago
I don't know what AI native folks will look like. To me, it looks like just replacing skilled labors with unskilled labors as opposed to giving humans new skills. AI to me will be valuable when it's helping humans learn and think
127.
by kiba 11mo ago
America doesn't and shouldn't fight China or Russia alone, so I don't know why we're talking about that. Russia is basically on its way out as a military power. It can't even conquer Ukraine. As for China, you don&#
128.
by kiba 11mo ago
Land value tax is progressive, efficient and non-distortionary.
129.
by kiba 11mo ago
Poor quality is not synonymous with mass production. It's just cheap crap made with little care.
130.
by kiba 11mo ago
I am on the autism spectrum. I have a deep interest in systems as well, and I like systems and so forth. Things and so forth. Social skills is not what I am good at and I still struggle with but improving with time. There is an art in which
131.
by kiba 11mo ago
It's self funding in places like Japan and Hong Kong, but these places also engage in value capture. Train services in these places are basically real estate companies with trains attached to them. They diversified by making train stat
132.
by kiba 11mo ago
They're monopolies. Break them up, heavily regulate, or tax their economic rent privileges. Georgism gave a good lenses on these kind of issue. All the sudden, late stage capitalism starts looking like monopolies.
133.
by kiba 11mo ago
Land price will adjust accordingly in response to any positive economic news. If you want an unalloy good to come out of these programs, tax lands. Otherwise, any welfare program will just get some of its value captured by landlords.
134.
by kiba 11mo ago
The taxes must be high enough if you want to drive the price of land down to zero. Lands worth million of dollars represented economic rent untaxed by the government. That leaves you with other factors in the consideration of purchasing rea
135.
by kiba 11mo ago
Land not depreciating is true, because unlike capital, it doesn't suffer entropy for all intent and purpose. Compare that to a car, which is forever basically a depreciating asset. Also, Netherland did not create land, because ocean is
136.
by kiba 11mo ago
Real estate(the land, not the mansion) is a really good long term storage of wealth as it is fixed, finite, and doesn't depreciate in value except through market trend and it basically only go up as long as the economy itself grow. How
137.
by kiba 11mo ago
The benefits of economic growth flows largely to people who owns land and non-reproducible privilege. This the real reason why billionaire exists, not because they have a lot of money, though that help, but because they were able to build m
138.
by kiba 11mo ago
With public transit, value capture is possible if you have the right business model. Public transit is ultimately real estate development. However, I prefer that the value capture is by the public rather than a private corporation.
139.
by kiba 11mo ago
It's the mindset of being as lazy as possible to achieve the most reward. That is a useful mindset to have to some extent, but excessive laziness can be detrimental, even harmful to other people especially when companies are seeking to
140.
by kiba 11mo ago
We shouldn't tax production but what people take, like land, or polluting our environment, or monopoly privileges granted by government. Which all coincidentally tax billionaires a lot to the point there might not be billionaire, but i
141.
by kiba 11mo ago
Is this technology fundamentally controllable, or are we're going with whack a mole hack?
142.
by kiba 1y ago
It's easy to tax certain assets, such as land. LVT is actually the ideal tax in many ways, since a LVT is undodgable. Actually it doesn't matter whose name is on the title. Sufficiently high LVT will deter speculation, leading to
143.
by kiba 1y ago
Good idea to impose piguouvian taxes, not a good idea to impose sale taxes as that's regressive. Property tax's a mixed bag since it taxes both land and building when ideally you only want to tax land. States that impose income ta
144.
by kiba 1y ago
That's like saying drunk gave alcohol a bad name. It's a net negative for society but we can't simply get rid of it because of the side effect of doing so, particularly since it's so easy to brew alcohol.
145.
by kiba 1y ago
The car is pretty good to drive and it genuinely changes my life. No more gas stations unless I want to go there to buy snacks and drinks. However, I won't be buying a Tesla again. I would also not buy another car if I can help it, but
146.
by kiba 1y ago
Getting rid of an addiction also counts as strengthening your mind in itself. A healthier mind will be in a better position to strengthen and fortify itself.
147.
by kiba 1y ago
And a general lack of competition. You only buy fridges from a few brands after all.
148.
by kiba 1y ago
Most people will use the default algorithm. A minority will choose a different algorithm. It's only a partial solution. Really, the correct response is regulatory oversight and taxation on remaining economic rent. They are monopolies,
149.
by kiba 1y ago
Road designs play an important role as well, it's not just enforcing the law. Some roads are going to be safer simply because drivers don't feel safe driving fast. Others are safer simply because there's less opportunities to
150.
by kiba 1y ago
They are monopolies. This is not a new problem. The remedy is that we should tax non-reproducible privilege and/or regulate them if we cannot get rid of their existence. Georgism is a good framework for analyzing monopolies and other n

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