sooheon

25 ms·

301.
by sooheon 5y ago
Cudos for mentioning the godfather of this line of thought, Henry George. However, limiting the theory to housing is too restrictive, and land for non-housing productive purposes follow the same laws of monopolistic supply and inelastic dem
302.
by sooheon 5y ago
Humans are just "better" stochastic parrots.
303.
by sooheon 5y ago
> Citing every possible speeder while those fines fatten the police budget is a gross perversion. Tying budget to citations is a perversion. Applying the law equally to everyone is just. You're conflating two issues.
304.
by sooheon 5y ago
It's about power efficiency, not total power draw. Use less powerful fans with an inefficient setup and you're not cleaning your air as well. Engineers put thought into chassis design and motor/fan specs. For this same reason
305.
by sooheon 5y ago
Another great one dealing with this topic is Exhalation by Ted Chiang. Less cosmic, more provincial, but still beautiful. https://www.lightspeedmagazine.com/fiction/exhalation/
306.
by sooheon 5y ago
I love this take. Very Vonnegut.
307.
by sooheon 5y ago
> It can be impossible to tell with things that only have no - to mild effects. If any effects are unmeasurable with standard clinical trial practices, then it's safe. People care about things that actually are harmful. > Proving
308.
by sooheon 5y ago
Please don't spread misinformation that is easily debunked by wikipedia: https://en.wikipedia.org/wiki/HEPA#Mechanism HEPA is actually twice as efficient at removing <0.01 micron particles than 0.3 micron.
309.
by sooheon 5y ago
Should the data be collected without consent by exposing the public to it for decades or provided by clinical trials funded by the company that wants to bring it to market?
310.
by sooheon 5y ago
> Land ("location") is a scarce economic good, with different locations being valuable for different purposes. Rendering it revenue-neutral would lead to misallocation. This is the core of your misunderstanding. Yes, location i
311.
by sooheon 5y ago
Land is not a good, because it cannot be produced by human labor. A good is something that is created by humans using natural resources, i.e. the productive output of land infused with labor. > what economists would refer to as "lan
312.
by sooheon 5y ago
It is a country built on state-sponsored oligopoly as competitive advantage.
313.
by sooheon 5y ago
I'm using the HHKB JP layout which is not ortholinear but has a smaller spacebar, therefore more thumb keys available for ctrl, alt, cmd, etc. https://www.pfu.fujitsu.com/direct/hhkb/detail_hhkb-pro-jp.h... I
314.
by sooheon 5y ago
You're right, a sudden eviction ban is a gross market intervention that helped tenants and harmed landlords, and on the net caused market failure. My only point is that the status quo of privatized claims to unearned land value increme
315.
by sooheon 5y ago
> Rendering it revenue-neutral would lead to misallocation. Rendering ownership of land revenue-neutral does not imply rendering all economic activity on said land revenue-neural. In fact it does the opposite, ensuring that the returns t
316.
by sooheon 5y ago
Thank you, means a lot. Property valuations can be roughly split into land/location value and building/improvements value. By renting location I just mean the portion of the total rent that is attributed to location value, not imp
317.
by sooheon 5y ago
Absolutely. Outdated zoning laws are public enemy #2 for livable cities, just a hair after outdated tax laws. The root of both issues is misalignment of incentives.
318.
by sooheon 5y ago
Yes, those would be Pigovian taxes, the very close cousin of the Georgist single tax. Not quite the same economic elegance, but less bad than taxes on wages, sales, value added, etc.
319.
by sooheon 5y ago
When it comes to economics, I don't believe in hard limits. Policies should not be brittle numeric rules ($15 minimum wage, $800 maximum rent, 1 child policy). Think gradients that affect incentives at every point in the map, not hard
320.
by sooheon 5y ago
Yes, good for you for getting to the heart of the issue immediately. Though to clarify, renting location should be a revenue neutral activity. Renting something that is the product of your labor or capital investment (house renovations, w
321.
by sooheon 5y ago
Option 4, which is unrealistic due to entrenched interests, but economically and socially ideal: a higher tax on the unimproved value of land, a.k.a. ground rent, in return for a lower tax on improvements, labor, capital gains, sales, and e
322.
by sooheon 5y ago
Regulation yes, rent control no. Google "deadweight loss price ceiling rent control" to see the detrimental economic effects of that policy. Once you understand that, check out the deadweight loss graph of a land value tax: https
323.
by sooheon 5y ago
This is unsurprising. Take a step back and squint enough and you can see any wide-scale fiscal stimulus will be absorbed by land rent. This is the inverse of the Georgist observation that "all taxes come out of rent." All stimulus
324.
by sooheon 5y ago
Clickbait title. Everything we thought about drugs isn't wrong, SF just implemented poorly (compared to Portugal and the Netherlands).
325.
by sooheon 5y ago
Literally the end of evolution.
326.
by sooheon 5y ago
Although the intention there is to leave the computing behind ;)
327.
by sooheon 5y ago
I simply disagree. A tax on rent is the most effective and efficient method of redistribution, justified by well studied economic principles. It will create more wealth and save more lives than the alternative. No other tax is clearer or mo
328.
by sooheon 5y ago
This is a total misconception. Anyone's $100B in a bank account has no bearing on money supply. In the short term, yes, money is taken out of circulation. But if that causes increased demand for liquidity, and banks are willing to meet
329.
by sooheon 5y ago
> Taxing the ultra-wealthy is possible The ultra-wealthy's what? Their wealth is held offshore, their income is more than offset. You want to tax yachts? They'll buy jets. Taxing the symptom is playing tax law whack-a-mole (and
330.
by sooheon 5y ago
> Tax people who can afford to be taxed. The alternative is hardly going to work. Tax harmful externalities and rent-seeking. The alternative is unjust and illiberal.

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