skhunted

13 ms·

151.
by skhunted 2y ago
What is your point? He is talking about the situation for artists today. He says, I was lucky to be part of the golden years when there was a much better share going to the musicians, so I support anything that could be done to make that
152.
by skhunted 2y ago
…the secular cult. There is a singular secular cult? Who are the members of it? More interestingly, are you suggesting a person who believes climate change is real can’t also believe in a religion?
153.
by skhunted 2y ago
I think you have it backwards. I dislike the people who are the problem.
154.
by skhunted 2y ago
Because for 40 years now the Republican party has demonized regulations as a concept. So now we are in a situation where people like you write: Regulations as a concept are the category of thing which is causing the problem. No sensible
155.
by skhunted 2y ago
I'm speaking of what some people call smart phones. I was referring to the QR code thing. The statement that products don't change $Service is incorrect.
156.
by skhunted 2y ago
Portable computers are a product and they have changed how some places operate.
157.
by skhunted 2y ago
Some restaurants only have QR code menus.
158.
by skhunted 2y ago
We tried the no regulation method after the Civil War. It lead to robber barons and an overall shitty country. Regulations as in the concept is not the problem. Bad oversight and governance is.
159.
by skhunted 2y ago
Most people in the U.S. think regulations are bad in and of themselves. Regulations as a concept are the wrong target. Lack of government oversight and regulations almost always leads, eventually, to cartel pricing and/or monopolistic
160.
by skhunted 2y ago
The healthcare outcomes in most European countries are better than in the U.S. The wait time of someone without access to the healthcare system is infinity. In all healthcare systems there is rationing of care. In the U.S. we ration in a
161.
by skhunted 2y ago
You would be onto something if the ACA was the cause. The status quo ante was an equally complex mess that covered far fewer people. The ACA more or less kept the same system in place but now covers more people.
162.
by skhunted 2y ago
… it's some other regulatory differences which are driving up costs in the US. It suggests regulatory capture and/or lack of proper governmental oversight.
163.
by skhunted 2y ago
The fact that healthcare is far cheaper in every European country that has universal healthcare suggests that you are wrong.
164.
by skhunted 2y ago
Many individuals don't want to run their own practice due to the complexities (insurance, etc) that exist beyond the work (treating people). It’s interesting that the one specific thing you mention is insurance. That particular comp
165.
by skhunted 2y ago
The federal system for allocating power badly needs a rewrite. The number of Representatives hasn’t been adjusted in over 100 years. A Representative from North Dakota represents far fewer people than one from California. The rules of th
166.
by skhunted 2y ago
I didn’t read the article but I took this to be a rare. So the price increase on an $8 hamburger would be $0.30.
167.
by skhunted 2y ago
The fact is that the FRED blog post shows there is decoupling starting at 1970 and they give an analysis about this to show isn’t as bad as it seems. But this analysis shows that there is still a decoupling that starts at 1970. I don’t th
168.
by skhunted 2y ago
In the old days Ivy league type schools gave “gentleman C’s”. Harvard rarely fails someone. Grade inflation is highest at Ivy league type schools.
169.
by skhunted 2y ago
Sure. But in general there was no decoupling prior to 1970 and there is now decoupling. There has been wealth extraction from labor. That it is more prominent in some sectors than others is not too relevant in my opinion.
170.
by skhunted 2y ago
We should ignore that a million plus people are working for minimum wage. They don’t count. I agree with you. It’s better to say that the statistics aren’t changed much by increasing the federal minimum wage as it pertains to the producti
171.
by skhunted 2y ago
Indeed. And we shouldn’t ask if it is in society’s best interest only when the discussion is about benefits for labor.
172.
by skhunted 2y ago
Notice though that the FRED blog post does not explain away the discrepancy but merely mitigates it a bit. Note the decoupling still starts in the 70s. The great wealth disparity that exists today started at the same time. I don’t believ
173.
by skhunted 2y ago
Someday negative externalities will have to be factored into the costs of doing business. Hopefully it will occur before we turn the world into a toxic shithole. Likely not though.
174.
by skhunted 2y ago
Would that we ask if it is a net benefit for society that so much wealth extraction from labor has occurred the last 40 years.
175.
by skhunted 2y ago
Yes, let’s ignore the million plus workers getting minimum wage. A wage that hasn’t increased in a very long time. It’s not a political talking point; it’s a moral talking point.
176.
by skhunted 2y ago
To be honest, this comment reads like a political campaign statement, and I’d like less of this on Hacker News. To be honest this comment reads like a statement from someone who can’t dispassionately discuss something. The validity of wha
177.
by skhunted 2y ago
https://www.epi.org/productivity-pay-gap/ This next paper is funny. Notices the decoupling and tries to hand wave it away without explaining why there was no decoupling before the 80s. At any rate note that the graph
178.
by skhunted 2y ago
There is no need to make a case. They have the right to strike. In general though one should support workers when they seek higher wages since the pay has increased at a much lower rate than productivity the last 40 years or so. Enough w
179.
by skhunted 2y ago
I see. Thanks for the clarification. If enough large companies are able to merge then we will end up in a situation where regionally there is too little competition. This is what has happened with producers of food products. A few compa
180.
by skhunted 2y ago
I think the question you ask has it backwards. Why should society allow a critical industry to become so concentrated that it has enough pricing power to cause harm?

More ›