padobson

36 ms·

301.
by padobson 9y ago
Gold is also one of the more conductive metals - that's another use that would provide a floor to its value. If the the momentum from using it as a store of value ever slowed and the price dropped, there would be a myriad of uses for i
302.
by padobson 9y ago
There were some pretty decent warning signs the British Empire was over, the American Revolution being a good one. For the USD to collapse and not take the rest of the world with it, there would have to be some sort of global currency diver
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by padobson 9y ago
There are many Americans in this situation right now, Do you have sources for this? Bonus points if it's something updated regularly that I can bookmark.
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by padobson 9y ago
I was thinking about this while reading. The Dot Com and Sub Prime mortgage crashes took a lot of people buy surprise, but not everyone. Moving into T-bills, cash, or precious metals at the beginning of those downturns would be enough to ma
305.
by padobson 9y ago
So what do we do about the "fencification" of Democracy? The point of public debate is to win elections and affect public policy. Just like talented modern fencers don't make good sword fighters, talented political candidates
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by padobson 9y ago
Wow, what an awesome story. I don't think you should be ashamed of it - really inspiring. Being a company owner, would you be more or less likely to hire folks with a criminal record based on your experience?
307.
by padobson 9y ago
Add more fiction.
308.
by padobson 9y ago
This seems like a market reaction to increased SEC regulation that has led a lot of companies to delay their IPO. As others have said, there are pink sheet OTC stocks and then there are companies like Snap and Square that only IPO so privat
309.
by padobson 9y ago
This is surely the funniest thing I'm going to see today. I'm going back to bed.
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by padobson 9y ago
If there's going to be government intervention in the economy (and there's going to be government intervention in the economy) then supply side economics works great in environments where there isn't enough investment. That
311.
by padobson 9y ago
Sentence two: The first 5,000/year in clothing tax free, and the First 10,000/year in food tax free. I like plans that take care of this with a prebate - $200-$500/mo checks for everyone. It could also be a precursor to UBI
312.
by padobson 9y ago
Will this research enable conclusions about the macroeconomic effects of UBI? It seems like it'd be difficult to predict how national and international markets will react to an entire country suddenly receiving a UBI based on a study o
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by padobson 9y ago
I believe that NASA would have designed computers even without IBM. Possibly even faster but it would have been a tailored computer that would have been very expensive and of little civilian application. You don't have to guess at th
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by padobson 9y ago
I don't know where the dividing line is between "regulated markets" and "central planning", but I think you raise the need for some distinctions. The space program is a great example. Could the US have beaten the US
315.
by padobson 9y ago
Oh man, awesome reference! I read biographies on Cleopatra and Julius Caesar a couple years back and was amazed how much planning went into Egypt's economy. The similarities to Venezuela can be pretty interesting! In the ancient world
316.
by padobson 9y ago
If you'll notice in all of my comments here, I've been careful to say "markets" and not "free markets". I've also tried to steer clear of specific opinions about levels of regulation or taxation or the val
317.
by padobson 9y ago
This sounds more like a political problem then an economic one. I won't suggest I have any idea how to alleviate the tension between market-forces and the government, and all the profiteers and rent-seekers in between. But those proble
318.
by padobson 9y ago
I suppose it's reasonable to suggest that if all of the variables in an economy could be identified and quantified, then it could be fed into central planning software. But that's a very big if. Furthermore, I'd suggest &quot
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by padobson 9y ago
No standard capitalist regime would be able to do that anyway I'm not entirely sure what you're saying. If you're saying that no pro-capitalist government could have diversified Venezuela's economy, then I completely a
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by padobson 9y ago
Theoretically I think it's true because there are far too many variables at play in economies of any decent size for a national government to efficiently organize it. Historically I think it's true because broad central planning h
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by padobson 9y ago
I thought this paragraph was the most enlightening: Chávez was an innovator in how he spent money, but he did little to improve how Venezuela actually makes money. He paid no attention to diversifying the economy or investing in domestic p
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by padobson 9y ago
The Reapportionment Act of 1929[0] is the culprit for this problem. Up until then, the size of the house grew with the population of the country. It was one of a series of early 20th century foundational changes to American government that
323.
by padobson 9y ago
What's interesting is we already have the political infrastructure in place to do this. Lose the presidency and let each member of the cabinet run their own section of government. In addition to losing the single executive, you'd
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by padobson 9y ago
I'd like to see a version of this where you can input a list of errands - work, groceries, daycare, gas, gym - and it distills all the travel into a single dot. You pick the dot with the least amount of time and it gives you a list of
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by padobson 9y ago
A bum note and a bead of sweat will do. - Roger Daltrey (Pete Townshend?) http://www.telegraph.co.uk/culture/music/rockandjazzmusic/36...
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by padobson 9y ago
I have to agree with this. I have strong opinions about economic and political systems, but I also recognize these are some of the most contentious questions and viewpoints out there. In light of that, a thoughtful and reasonable look at al
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by padobson 9y ago
It's not so much people overreacting as banks. Banks call in loans which forces the borrower to stop whatever economic activity they were engaging in.
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by padobson 9y ago
Huge increases in student loans will certainly have effects on future borrowing - mortgages, car loans, business loans. What happens when fewer people are buying houses? Cars? Starting businesses?
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by padobson 9y ago
I sometimes wonder if the best economic system is the one the people living under that system believe in the most.
330.
by padobson 9y ago
It's more like investment vs. consumption. Keynesians would say the government should employ policies to increase overall consumption in the economy (aggregate demand). Austians would say government shouldn't do either, but rather

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