richardlong

4 ms·

1. 1.▲
   by richardlong 9y ago

   Given the internal and logical consistency apparent in this life, it stands to reason the Boltzmann brain would have to be simulating the entire thing -- the thought processes of other people, countries, wildlife, the movement of the stars,
2. 2.▲
   by richardlong 10y ago

   So will Trump do what he said he would re: H-1Bs?
3. 3.▲
   by richardlong 10y ago

   Giving H-1Bs expedited green cards only accelerates the decline of the price of skilled labor.
4. 4.▲
   by richardlong 10y ago

   Right, GP is leaving out A. necessary skills, and B. the size of the labor pool (multiplied by the labor force participation rate). For any given skill there is a labor pool with some participation rate, of people who currently have that
5. 5.▲
   by richardlong 10y ago

   Profits aren't automatically inflated margins. There are healthy margins, and there are inflated margins. There are even margins that are so thin that it's unhealthy, as in the airline industry. Now, to loop back around to your po
6. 6.▲
   by richardlong 10y ago

   > Competition makes our world prosperous. Competition only increases efficiency if the price of a good is currently inflated. Labor is likely under-priced as a good relative to other expenditures, like property and the means to productio