kjshsh123

6 ms·

31.
by kjshsh123 5mo ago
It's less that about the recipient deserving to receive it, and more about the giver deserving to give it.
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by kjshsh123 5mo ago
The person I replied to was referencing Bastiat's parable of the broken window.
33.
by kjshsh123 5mo ago
Bastiat was opposed to inheritance taxes. He wrote about this in Economic Harmonies. I think he'd call the connection you're trying to make a stretch
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by kjshsh123 5mo ago
It's really not the easiest. You have to prevent gifting things at a lower tax rate while alive. That means it comes bundled with income tax or gift tax implications. Fairest? I mean, land value tax is fair. So are Pigouvian taxes. In
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The 90-year-old idea behind JEPA models: Canonical Correlation Analysis (CCA)(shonczinner.github.io)
4 points by kjshsh123 6mo ago|0 comments
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by kjshsh123 6mo ago
That's overly doomer. I know it's unpopular to ever say statistics show this generation is fine, because of course there's always a bunch of other troubling statistics, not to mention always people that are actually strugglin
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by kjshsh123 6mo ago
You can really tell from the comments those who didn't read the article and who are taking the headline extremely literally. He quoted Shakespeare's MacBeth, "It is a tale, Told by an idiot, full of sound and fury, Signifying
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by kjshsh123 6mo ago
Have to push back on the "people shoved into cities" narrative. It just sounds like the conspiracy theories around "15 minutes cities" all over again. An example of rewilding on its wikipedia page is "wildlife-frien
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by kjshsh123 6mo ago
Technological improvements don't reduce prices as much in a monopoly, but they still do reduce prices to increase profits. Profit is always maximized at MR=MC, in perfect competition, oligopoly, or monopoly.
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by kjshsh123 6mo ago
Technological improvements shift supply curves right which is good for consumers.
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by kjshsh123 6mo ago
The labor theory of value hasn't been considered correct in nearly a century.
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by kjshsh123 6mo ago
It's both. You're talking about the demand curve. The other thing is the supply curve.
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by kjshsh123 7mo ago
Using regex with LLMs isn't uncommon at all.
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by kjshsh123 7mo ago
The problem with your argument is it's whataboutism. Your argument's conclusion should be that even prescription drugs aren't necessarily good. Really what is wrong is that most prescription drugs do show less tolerance. Yes,
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Ignoring the Supply Curve: The Logic Behind Housing Supply Skepticism(shonczinner.substack.com)
1 points by kjshsh123 7mo ago|0 comments
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by kjshsh123 7mo ago
We need more mixed use development like this
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by kjshsh123 7mo ago
Pretty much although it's less about majority/minority preference and more about utilitarianism and economics. It's possible a majority of pofeople would have been marginally happier with betamax than vhs. Even in that case,
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by kjshsh123 8mo ago
Kinda agree. Training the network with RL instead and penalizing collisions and rewarding collecting something like food would be interesting. As long as the birds can't change direction too quickly (e.g. output acceleration, not veloc
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by kjshsh123 8mo ago
Viruses get less dangerous over time. Hospitals absolutely were overwhelmed back then, and anything to reduce spread helped. Virus spread follows exponential/logistic growth. Something could reduce spread 5% per month and that would st
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by kjshsh123 8mo ago
If demand increases for PPE (e.g. a righward shift of the demand curve) because of a pandemic, then prices increase but quantity demanded increases as well. They may have existing futures contracts at the prior price and quantity but if qua
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by kjshsh123 8mo ago
No, that's not what is happening. From the paper: >The reason is that markups along the chain of intermediation between importer and consumer can scale up the percent pass-through in tariff costs, cumulating over distribution stages
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by kjshsh123 8mo ago
This doesn't increase their profits because, consistent with economics, increasing prices reduces quantity. Profit depends on the amount you sell, not just the price.
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by kjshsh123 8mo ago
Wages also changed since then. During COVID food outpaced wages. Since then, wages have outpaced food. Maybe not for you but on average. Just like food prices didn't just jump one day, they won't just drop one day. We target 2% in
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by kjshsh123 8mo ago
Retailer profits from foreign wine decreased because of reductions in sales (~12% iirc). This is textbook econ 101, profit maximization of a firm, supply and demand etc. Taxes make after tax prices go up and reduce profits due to reduced qu
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by kjshsh123 8mo ago
Nobody is "trying to soften the impact of tariffs". Everyone was and is trying to maximize profits. Who ends up paying has to do with "elasticity" which roughly is about how much the tax actually impacts you. In this cas
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by kjshsh123 8mo ago
> The seller might use this to reduce prices for their customers, but probably won't. They'll set prices according to what the market will support. The price the market supports depends on things like taxes and tariffs. Why rem
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by kjshsh123 8mo ago
Building apartments where people want to live generally reduces commute time. The same people need to get to the same place but usually you're letting people start closer. The same people driving less distance means less traffic, not t
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The Most Concrete Indicator of a Housing Crisis(shonczinner.substack.com)
2 points by kjshsh123 8mo ago|2 comments
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by kjshsh123 8mo ago
Classic slam dunk on economists, except I think it's a bit of a miss. They're a classic scapegoat and punching bag but there's tons of economics research on community. Saying economics doesn’t model community is a bit like sa
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by kjshsh123 8mo ago
Market housing will be expensive until you allow developers to build as much housing as the market demands. Non-market housing will have extremely long wait times if there is not as much of it as the market demands. And the NIMBYs and left-

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