ponow

6 ms·

31.
by ponow 2y ago
Let's not valorize zero profits. Be suspect of high rates of profit. Why invest if there's no profit?
32.
by ponow 2y ago
> One easy test is how they feel about sustained high profits. To people who value markets for their ability to drive improvements through competition, that's a sign of something wrong, like insufficient price competition. We'd
33.
by ponow 2y ago
And that is so because they made it a priority for it to be so.
34.
by ponow 2y ago
Yet some artists do believe that it's morally wrong that producing whatever they deem as good art isn't guaranteed to be self-supporting. They shouldn't ultimately have to answer to anyone else's opinion to earn a livin
35.
by ponow 2y ago
Ignoring the entertainment industry, if there were no copyright for software applications beyond that which can be achieved by contract, what would the CAD software landscape be like? Clearly it would exist, but with a completely different
36.
by ponow 2y ago
Deregulate medicine and include benefits as income (and lower income tax rates to prevent revenue windfall).
37.
by ponow 2y ago
France is especially like that, with consequent mass unemployment. That's the model the progressive side of our politics wants to emulate.
38.
by ponow 2y ago
A major reason poor people don't save is the inflationary currency and government control of interest rates (plus other central bank policy) encourages debt over saving. We slowly put a noose around our necks because our laws put ligh
39.
by ponow 2y ago
Our regulations (including the medical guild) and legal structure (including crazy malpractice payouts for unintentional mistakes) forces everything to be more expensive than necessary. We are very far from a free market, even if we stoppe
40.
by ponow 2y ago
Thanks for reminding us that state intervention is the source of the problem. Stop linking medical insurance to employment via this tax bigotry. Buy it on the open market instead, or subsidize it if you're a leftist, but don't pu
41.
by ponow 2y ago
When do they ban legacy admissions to weddings? Do uncles and great grandmothers really warrant admission?
42.
by ponow 2y ago
> Distribution of labor and resources based upon the needs of society Not a goal for me, and not for evolution. Survival, health, prosperity, thriving and complexity rate higher. Not everyone makes it.
43.
by ponow 2y ago
But very interesting.
44.
by ponow 2y ago
Now add cross-platform GUI interaction for apps and web apps. [Ducks]
45.
by ponow 2y ago
> early evidence of social engineering Or early adaptation of culture to nature.
46.
by ponow 2y ago
Supporting extra architectures isn't free, and cost matters in an era when devs are getting laid off in numbers.
47.
by ponow 2y ago
So, do the habit every day, but don't do it because of any secondary goal (like money), other than the immediate goal doing the habit itself. Problem is, if you haven't completely bought into the habit yet, and it feels uncomforta
48.
by ponow 2y ago
OP written by someone well-employed, so anything done outside steady paid work ought to be done for enjoyment. Nice luxury, that many don't enjoy.
49.
by ponow 3y ago
A read of the data shows that, but it's not the only read nor the only data. So we can say wages have increased to keep up with inflation, but left out is all the money lost during the time lag before wages caught up. And whose wages
50.
by ponow 3y ago
Yes, for living arrangements.
51.
by ponow 3y ago
We should use debt only as much as necessary. Normalization, promotion, even subsidy of debt leads people to make poorer choices and to think in the short term. It destabilizes the world, and sets up traps for the many naive people, traps
52.
by ponow 3y ago
Secular deflation existed in the late 19th century during growth periods. Deflation associated with debt deleveraging can be bad. But the problem is that we got into debt. Debt was not nearly as high in the 19th century. Debt addiction i
53.
by ponow 3y ago
So people should ignore their expenses going way up, and not bother plotting them or whatever because...?
54.
by ponow 3y ago
Yeah, it angers me to hear people argue that inflation is good because it encourages people to invest instead of hoarding cash. 1. It's your money, so it's not for others to control. 2. You may have a good reason for keeping money
55.
by ponow 3y ago
I wish I knew how to play that game. It's a game primarily played by the rich, and is part of the reason that the primary losers from inflation are poor.
56.
by ponow 3y ago
Excessive debt is not good. Encouraging debt by the effective subsidy of inflation tends to be coupled with varying interest rates to control that inflation, and therefore there are periods of low interest rates. Savvy investors try to bo
57.
by ponow 3y ago
Firms can do uniform pay cuts (say 2%) instead of targeted layoffs. That way all employees are in it together, and yet there's still market discipline in whether to cut.
58.
by ponow 3y ago
But isn't that money multiplier due to fractional-reserve banking essentially a one-shot deal, and doesn't continue to expand over long time periods? So if banks keep 10% in reserves, then a cash deposit gets multiplied by 1/
59.
by ponow 3y ago
Why should firms get a free 2% cut in salaries paid? Generally, firms are in a stronger negotiating position about salary, especially for the lowest skill labor and poorest people. If there's a downturn, then everyone will have to tig
60.
by ponow 3y ago
Yes, wealth redistribution is genteel theft and should be thwarted at every turn.

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