@tszzl — page 5/103

2019-10-18 → 2019-11-19 · posts 2001–2500 of 51,350
the succs cannot even conceive of the effort it takes to make the world run smooth lmao. 80-90 hours is literally common in high performing jobs like investment banking having myself a giggle imagining the DSA government run electric car factory producing absolutely nothing https://x.com/MattBruenig/status/1185250839046344706
4 ♥ · x.com →
· ↳ reply to @tszzl
@Aella_Girl Racism is people yelling out their car windows telling you to go back to your country. They don’t wait to figure out whether you watch the same tv shows or celebrate the same holidays
4 ♥ · x.com →
@computergorl @Aella_Girl I mean I appreciate the appeal to the intelligence of humans that racist hang ups are due to higher order prejudices, but Occam’s razor would suggest they’re yelling out the car because they don’t like the way you look
· ↳ reply to @tszzl
@johnvmcdonnell @computergorl @Aella_Girl Now I'm not saying there aren't many different varieties of "othering". Many Hindus and Muslims of the same ethnicity cannot stand each other, and you'll find caste and class systems dividing people across the world. But racism is visceral and painful
· ↳ reply to @tszzl
@johnvmcdonnell @computergorl @Aella_Girl and it doesn't really change its fundamental nature to call it a heuristic for something else. just see how much the phrenologists cared about the culture of africans
· ↳ reply to @WillOremus
@WillOremus @vgr Nobody wants 10 social platforms that perform redundant tasks by balkanizing populations, they want 1 that’s planet scale
· ↳ reply to @wwwojtekk
@wwwojtekk hang on wouldn't you want to confiscate less money from more effective investors
2 ♥ · x.com →
· ↳ reply to @nmeier21
@NickMeier21 i'm not giving them any credit at all. i'm saying it's not a matter of virtue or bravery; the balance of power among the corporate overlords has shifted and it's not as vital to maintain the Koch line anymore. the koch network is literally funding democrats now
· ↳ reply to @tszzl
@NickMeier21 wouldn't be surprised if more and more of them come out in support of carbon tax now because of this
· ↳ reply to @nmeier21
@NickMeier21 yeah agreed but in the past the Rs have managed to keep a ridiculous level of party coherency on this, probably because their most important donors demanded this. even people like romney and mccain. recently even CATO institute admitted to climate change https://www.youtube.com/watch?v=HJAgHakABlM
· ↳ reply to @visakanv
@visakanv @CantHardyWait the flavor of this world is such that I would only be mildly shocked if this was the result of biology self replicating molecules will stop at nothing
· ↳ reply to @CarGoneOfAssad
@CarGoneOfAssad @MattBruenig It’s also stressful being responsible for billions in economic activity, the livelihood of thousands of employees, etc. You are living in a fantasy world if you think CEOs don’t have to work hard
· ↳ reply to @zslayback
@zslayback you'd have to really be cruel not to see the benefit in lifting a billion peasants out of poverty. hate the chinese government but love the chinese people
1 ♥ · x.com →
@CascadianSolo Outcomes > intentions UBI is the best form of welfare that exists and pretty much sits at the very heart of the neoliberal project in my eyes If a bunch of robotics death culters join congress and pass UBI for dumb reasons, I’ll be more than happy
1 ♥ · x.com →
· ↳ reply to @ahardtospell
@ahardtospell That’s the natural evolution: pay companies the carbon price for sequestration. In the long term, we’ll want to not only reduce output but actually remove gigatons of carbon from the atmosphere
1 ♥ · x.com →
· ↳ reply to @tszzl
@asteroid_saku But honestly look no further than Wikipedia to know the internet optimists were probably right — info is there for those who seek it, and we can collaborate effectively at scale
1 ♥ · x.com →
· ↳ reply to @hectoribis
@chimezie90 @primalpoly Essentially everyone who enters the public sphere leaves richer — OP’s claim would suggest that all politicians are then rent seekers. It’s not a crime to give a speech at Goldman and make a small fortune without harming anybody
1 ♥ · x.com →
· ↳ reply to @david_perell
@david_perell Overton Window is extremely overrated It’s super obvious right now that opinions that seemed too right wing or too left wing just 20 years ago have the limelight. So the Overton window stretched out? Why even call it a window then?
· ↳ reply to @Noahpinion
@Noahpinion China is pretty fash. There’s some sort of ethno nationalist thing going on, and it’s very corparatist with tight feedback loops with the state. Pretty much everything Hitler and Mussolini might have wanted
2 ♥ · x.com →
Ok I’ve done the math and I believe it’s time for everyone to change their twitter names back from Pierre Delecto
4 ♥ · x.com →
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing Then why not just raise capital income tax to that level? As it stands wealth tax costs people who beat the market much more over time and encourages them to sell capital / consume in excess / bleed control of the companies they built
· ↳ reply to @tszzl
@JohnCarltonKing I am morally opposed to taxing wealth that is currently creating value for the economy as a share of a company instead of when it’s time to sell / consume
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing Also, wealth taxes are equally easy to avoid. You claim that warren’s plan learns from the mistakes of the past; if so, we can apply the same lessons to estate taxes
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing Wealth tax creates sell pressure and therefore lowers asset prices. Even if the government collects shares instead of cash, its plan will be to sell them regardless of good investing / price discovery and so, irreducibily undermines wage growth & productivity growth
· ↳ reply to @tszzl
@JohnCarltonKing This argument kind of hinges on whether or not you believe the neoclassical Econ theory though
· ↳ reply to @tszzl
@JohnCarltonKing (most neoclassical economists say, convincingly imo, that consumption taxes are the most efficient way to tax capital)
· ↳ reply to @sapinker
@sapinker Is it possible that war is in decline because a single global hegemon rules the world order with 800 foreign bases
13 ♥ · x.com →
· ↳ reply to @zackbeauchamp
@zackbeauchamp Our sitting president inherited his extraordinary wealth, and therefore possibly his chance at the presidency :)
· ↳ reply to @NateSilver538
@NateSilver538 The amount of brain worms it takes to think “online = data = effective” is incredible Man, the absolute state of tech journalism
· ↳ reply to @NeoLibBen
@NeoLibBen My god. Thinking abt changing my bio to “Algorithms can suck my ass”
· ↳ reply to @_Jason_Dean_
@_Jason_Dean_ Give it a decade, and like all other technology, it will become available to the poor. Also creating smarter babies would create a nonzero sum gain for the world as they go out and create new value previously unseen. Everyone benefits
3 ♥ · x.com →
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing A reliable digital currency free of government interference would do wonders for economies with poor governance. you aren't the target user. Just look at what M-Pesa has done for Kenya
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing Why? bc FB is an ideological enemy, they can't produce positive effects? the governance scheme of libra distributes control over many big companies' Libra is backed by actual currency. you can trade in a libra for a certain amount of dollars
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing Our entire banking system is controlled by very big multinational corporations, this is not a valid critique. If important parts of the economy being controlled by the private sphere is dystopian, we should nationalize all grocery stores right now.
· ↳ reply to @tszzl
@JohnCarltonKing The reason it's so hard to transfer money from bank-to-bank and country to country is that the big banks have not improved the ACH technology in like 30 years
· ↳ reply to @tszzl
@Claire_Voltaire libertarians are oddly short sighted at pursuing liberty for all people instead of just for themselves. I think the fundamental moral axioms are different. Libertarians are pursuing randian objectivist ideas, whereas neolibs focus on utilitarianism/consequentialism
4 ♥ · x.com →
· ↳ reply to @GonzoGeorgism
@GeolibGeorge @Claire_Voltaire "after the publication of Rand's novel Atlas Shrugged, Rothbard wrote a "fan letter" to her, calling the book "an infinite treasure house" and "not merely the greatest novel ever written, [but] one of the very greatest books ever written, fiction or nonfiction".
· ↳ reply to @GonzoGeorgism
@GeolibGeorge @Claire_Voltaire "[Rothbard] parted with Mises on the question of ethics. Specifically, he rejected Mises conviction that ethical values remain subjective and opposed utilitarianism in favor of principle-based, natural law reasoning"
Major question for Zuck is why use Libra when services like M-Pesa exist
1 ♥ · x.com →
· ↳ reply to @AlecStapp
@AlecStapp @caitlintackles What people don’t get is how easy to is to do worse than random in algorithmic ads. It’s not a magic bullet, it doesn’t remove the proverbial “wasted half” of ad spend, and it definitely does not do the same job the million dollar Super Bowl spot does for brand advertising
1 ♥ · x.com →
· ↳ reply to @tszzl
@AlecStapp @caitlintackles And it turns out this market alone is worth billions. It really doesn’t need more than two competitors to do the job well, hence all the dying ad tech startups
1 ♥ · x.com →
· ↳ reply to @ExistentialEnso
@ExistentialEnso But why do you think that wealth would be used better / amazon would be a better company if his shares were distributed more equally? In fact, I tend to think 1000 millionaires will be much greedier and short sighted than 1 billionaire.
· ↳ reply to @tszzl
@caitlintackles @AlecStapp This is undoubtedly true that online media publishers have had their margins ground to dust, but can the same be said for tv ads?
· ↳ reply to @ESYudkowsky
@ESYudkowsky I mean I don’t think anyone serious relies on stuff like this to time AGI risk, so you’re preaching to the choir here
1 ♥ · x.com →
· ↳ reply to @CNLiberalism
@ne0liberal It’s not about short term profit; it’s about long term usefulness / keeping Facebook at the center of the conversation. Zuck is an ideologue first and a business leader second
· ↳ reply to @tszzl
@business If it sounds too good to be true it’s too good to be true
· ↳ reply to @vgr
@vgr Banksy-ification
1 ♥ · x.com →
· ↳ reply to @visakanv
@visakanv Not *strictly* true, it’s more that you can revert back to a saved model somewhere if a policy learns counterproductive things or its behavior diverges
1 ♥ · x.com →
· ↳ reply to @tszzl
@visakanv But yes, the engineer-machine system as a collective cannot decay on learning
· ↳ reply to @CNLiberalism
@ne0liberal The basic function of government is inefficient and bloated enough without also trying to develop struggling regions. This is the right take
· ↳ reply to @AgiaTheBun
@AgiaTheBun @0K_ultra in fact, creating new value through technology is the only way to durably create wealth. If you bring ten thousand tons of platinum to earth, the price of platinum will fall to nothing.
· ↳ reply to @AgiaTheBun
@AgiaTheBun @0K_ultra Unfortunately the economics of moving metal around space via chemical rockets are truly terrible, but yeah that would be great
· ↳ reply to @AmanitaFugax
@gl0balism I mean, what about the joy helium balloons deliver for millions of kids. That’s worth something
2 ♥ · x.com →
How do I get an alternate version of this app where all the funny accounts aren’t also very online leftists
9 ♥ · x.com →
· ↳ reply to @yhdistyminen
@koaleszenz tbh the level of infighting between center left and left is pretty funny to me. Feels like the cons don’t really do this to each other
2 ♥ · x.com →
· ↳ reply to @tomloverro
@tomloverro The fact that there’s no way to short a privately owned company means the markets will necessarily be less efficient
· ↳ reply to @Birdyword
@Birdyword Yeah never mind the fact that fb powered pretty much the whole Arab spring and supports dissidents the world over
· ↳ reply to @tszzl
@Birdyword Instead you’re gonna believe the Aaron Sorkin facemash version of the story
· ↳ reply to @offquietly
@orkoliberal @ne0liberal Those things are perfectly related. As people unleash new efficiencies of scale and digitalization onto the economy, they make everyone wealthy while becoming themselves unfathomably rich. This has nothing to do with trickle down theory
2 ♥ · x.com →
@CascadianSolo How many people do these polls cover? Is it legit only n=~100? Why are they rounded to 0 decimal points
@CascadianSolo Yeah I’m just wondering about methodology of the leading pollsters. Quinnipiac apparently polls around a 1000 at a time. It seems to me in the digital era this is an extremely small sample size. There’s gotta be a way to increase this by a few orders of magnitude
@CascadianSolo I understand. Clearly the margins of error are still pretty high or else we wouldn’t see massive discrepancies from poll to poll. That’s nearly a 4% point margin on a n=1000 poll
· ↳ reply to @tszzl
@ne0liberal We’ve seen the stretch of acceptable opinions expand on both sides, meaning there was no fixed window size at all
2 ♥ · x.com →
Peak twitter
3 ♥ · x.com →
Edward Snowden follows exactly 1 account
4 ♥ · x.com →
Hottest take: Rogue One is the only acceptable Star Wars movie, the rest are smoldering garbage
13 ♥ · x.com →
i gotta say from an aesthetic angle being crucified for a few days as self sacrifice aint that interesting. My guy prometheus has his liver plucked out and eaten eternally for delivering the gift of technology to mankind. now that's metal af
7 ♥ · 1 RT · x.com →
· ↳ reply to @nmeier21
@NickMeier21 2016 is when libs found a convenient scapegoat for their horrifying defeat
· ↳ reply to @nmeier21
@NickMeier21 1) I’m incredibly skeptical of “independent fact checking”. Theres no such thing. But daily caller fact checker was approved by IFCN, run by a journalism school. Later lost its accreditation 2) Apple News also hosts breitbart. Why the double standard?
this is the kind of fevered thinking that results from equating "white" with "colonizer" w.o realizing that history is an anarchic struggle for power, with various groups holding the throne only briefly. everyone is a colonizer https://x.com/HashtagGriswold/status/1188187791865405443
7 ♥ · 1 RT · x.com →
· ↳ reply to @marathiMaharaja
@marathiMaharaja Wdym exactly? I’m only surprised that people still cling to the idea of racism as a flaw only possessed by whites
1 ♥ · x.com →
· ↳ reply to @marathiMaharaja
@marathiMaharaja Haha if you ask me this is something most people intuitively get and it takes a galaxy brain academic to really deny it
2 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock serious question, why does insulin cost brandname prices? How did the system fail so bad that we aren’t selling this generically? Is it just that the latest, most bioavailable form of insulin is expensive? Why doesn’t that face extreme competition from generic suppliers?
1 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock This is very good. Also definitely convincing that financial transaction tax is not the way to go. Can you elaborate what “aggressive estate tax reform” means though? Are we talking closing a few loopholes or moving the estate tax rate to 50%
2 ♥ · x.com →
· ↳ reply to @tszzl
@jdcmedlock Fin transaction tax seems to be a great way to make the markets way less efficient and also raise like no money
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing @jdcmedlock hft makes asset markets more liquid, efficient, and stable; the hedge funds would love to portray them as villains Bc they’ve been bleeding their margins to the hfts. This is just another form of luddism. If you value accurate prices you should value the HFTs
· ↳ reply to @jdcmedlock
@jdcmedlock Really surprising result is only $11/month/person. I would on average expect something closer to the wealth tax rate of return
2 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock After reading this I must admit I’m just as confused. They merely say that only one generic fast acting insulin has come to market which has kept costs fairly high. Why is there only one?
· ↳ reply to @tszzl
@jdcmedlock If you can manufacture a vial of this for no cost at all and sell it for thousands, everyone and their mother should be doing it. Is cost to bring to market just have a function of spurious lawsuits? FDA approval?
· ↳ reply to @tszzl
@jdcmedlock Rather than price fixing, we should understand and rectify the underlying problem that keeps the markets this extraordinarily efficient. Increasing the friction of ridiculous patent lawsuits for one
· ↳ reply to @jdcmedlock
@jdcmedlock Price fixing on supply side would probably be better; else can raise prices arbitrarily as governments willingness to pay is much higher than the uninsured Customer’s
· ↳ reply to @tszzl
@jdcmedlock The typical libertarian response to this is just to abolish the FDA and let a thousand generics come to market but I’m skeptical of these claims. This is def harmful and doesn’t solve the problem of spurious lawsuits as described in the article
1 ♥ · x.com →
· ↳ reply to @tszzl
@jdcmedlock A neolib (or Bernie Sanders) idea might be to allow free import of insulin, but then our pharmacy companies are competing with the price fixed companies in the rest of the world.
· ↳ reply to @tszzl
@jdcmedlock It’s also pretty crazy to me that firm specialization hasn’t led to separate companies creating new drugs and others actually producing them via license
· ↳ reply to @jdcmedlock
@jdcmedlock If you fix the supply problems and there are 10 firms competing to make the same generic, insulin would be sold at or near the variable cost of production. We wouldn’t even need the demand side subsidy
· ↳ reply to @tszzl
@jdcmedlock Although I do think the conclusion is somewhat obvious to anyone who thinks economically - robin hanson talks a lot about *adequate markets* and how they behave under systems of interacting incentives
1 ♥ · x.com →
· ↳ reply to @JoshConstine
@JoshConstine @sarthakgh By doing it better than the startup Fb chills startup formation somewhat. By doing it way worse than normal VCs, SoftBank distracts and distorts equity markets
· ↳ reply to @tszzl
@jdcmedlock I thought about it some more, and I don’t think the statement they make is super helpful. You just have to observe: why does someone choose to become an academic economist? They aren’t likely to be paid as much as they could get in finance, so they must have other incentives
· ↳ reply to @tszzl
@jdcmedlock Which could be a sense of purpose or meaning, a love of the craft, whatever it may be. What’s clear is that financial incentives are not the only thing that factors in: but the market is still efficient. It takes into account each person’s objective function and comes to a concl.
· ↳ reply to @tszzl
@jdcmedlock It can underpay economists relative to their level of talent, just as you can do the reverse as an academic physicist and go off to Wall Street. Similarly, markets *should* take into account the fact that people don’t want to move 200 miles to work — that doesn’t break markets
· ↳ reply to @tszzl
@jdcmedlock What *does* break markets is the underpriced externality; regions in which everyone is gainfully employed will be prosperous in ways unrelated to individual choices. Full employment is a huge positive externality, so skilling people up corrects that
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing So make it progressive like other income, but mark to market encourages divestment in a way that upon sales capital gains doesn’t. Just accumulate yearly interest payment until sale time. You’d also have to offset losses
Finna start my own country with all decisions made by betting markets
1 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock VAT + UBI goes mainstream in the next 10 years i'm calling it no more nonrefundable tax credits pls
1 ♥ · x.com →
· ↳ reply to @tszzl
@rickstonkin @DeAngelisCorey Sometimes professors explicitly take points off for missing class Bc they know their stuff is useless and need to hold you hostage
2 ♥ · x.com →
· ↳ reply to @tszzl
@rickstonkin @DeAngelisCorey And the idea that classes are especially important to PhD’s is extremely laughable; they’re there to produce publishable research. Nobody cares if you attend class or not, as long as you pass so they can impart the ritual honors on you
1 ♥ · x.com →
· ↳ reply to @jackd1801
@rickstonkin @DeAngelisCorey Right, but I don’t think that Corey is arguing college is 100% about signaling. Maybe it’s 30% skill acquisition. Either way, recruiters will come and indiscriminately hire ppl from top colleges based on referrals students give each other. GPA / courses taken are an afterthought
· ↳ reply to @tszzl
@rickstonkin @DeAngelisCorey a motivated student CAN use college to educate themselves, but that’s not why you’ve paid $100,000 to be there. The cost of education the marginal student is pretty small in the computer age
· ↳ reply to @tszzl
@rickstonkin @DeAngelisCorey Even for academics, the core use of grades is a signaling mechanism to indicate that you might be a successful researcher. That’s why many people completely switch fields when doing grad school, and why the best applicants apply with a history of research papers
· ↳ reply to @jackd1801
@rickstonkin @DeAngelisCorey It is a problem; it means that we’re stuck in an inadequate equilibrium. A set of rent seekers can extract inordinate value for solving an information problem poorly. There are vast swathes of better ways to solve this info problem of “who will be successful at my firm”
· ↳ reply to @tszzl
@rickstonkin @DeAngelisCorey One way I’ve seen it put is, there is a tower set up such that it will only let you enter it if you have, say, > 100 IQ or something. For doing so, it steals 4 years of your lifespan. And the owner of the tower has found that it’s so useful that he can charge $100k to enter
· ↳ reply to @tszzl
@rickstonkin @DeAngelisCorey We should definitely not give up and say, hmm maybe everyone will just have to enter the tower for all time. And I do appreciate the fact that college is both *fun* and a growing experience. Are there not cheaper & less time intensive ways to do both things?
· ↳ reply to @jackd1801
@rickstonkin @DeAngelisCorey On the contrary, I’d say it’s one of the most useful things to study in college. People on the high end of the performance curve are likely to think they could’ve learned it quicker and more efficiently than it was taught, which I think is common to all subjects.
· ↳ reply to @tszzl
@rickstonkin @DeAngelisCorey I studied both CS and physics in college, and mostly did not attend lectures for either. I will admit that physics takes much more effort to self teach, but I’m not sure the same can be said of a vast array of other subjects
· ↳ reply to @Artiri_
@ArtanXhezairi Prove me wrong: There is not much difference between a state sanctioned monopoly and a state controlled monopoly PG&E has no competition and no pressure to perform
· ↳ reply to @t3703
@t3703 @ArtanXhezairi And why do I care if they make profits? Rn they’re making profits by cutting power to a million homes, creating vast and untold negative externalities. A government run entity would stomach the losses and keep providing power
· ↳ reply to @eigenrobot
@eigenrobot This is dumb bro Modern satanism is about satan as a symbol of rebellion against authority, the liberation of mankind Nobody who calls themselves a satanist believes in the literal Biblical Jesus or God or Satan
3 ♥ · x.com →
· ↳ reply to @Noahpinion
@Noahpinion Extreme selection bias — for many years getting an American visa was the height of status for Indians, not to mention colonial imparted English knowledge Still, Indians not common among the ultra rich. Perhaps takes a few generations to build that kind of success
5 ♥ · 1 RT · x.com →
· ↳ reply to @eigenrobot
@eigenrobot It’s gotta be some real lovecraftian shit replete with human sacrifice, it’s all fucked rn
2 ♥ · x.com →
· ↳ reply to @LoprestiJohn
@LoprestiJohn @Noahpinion Serious brain drain, but we do that to all countries lol. The ideals are slowly changing though, and talented people remain in India more and more
The Internet moment for atheism has passed, but it was seminal and formative for Internet culture. “The Internet is where religion goes to die”
1 ♥ · x.com →
· ↳ reply to @tszzl
It’s still true what Christopher Hitchens said, likening the judeochristian faiths to a “celestial North Korea”; religion is ultimately incompatible with liberalism
· ↳ reply to @neoliberal_dad
@neoliberal_dad Aren’t you the guy that predicted Tesla’s imminent demise like 2 years ago? You’re still posting here after that?
2 ♥ · x.com →
· ↳ reply to @tszzl
@computergorl It’s important to note that there is no religion that believes in the freedom of religion. Islam goes so far as to advocate the death penalty for apostasy liberalism was born in religious societies, but I’d say liberalism is a product of enlightenment rationalism/realism
· ↳ reply to @balajis
@balajis They’ve been waging an info war with zuck for a long time now, nothing new here
· ↳ reply to @asteroid_saku
@asteroid_saku High orders of networked complexity lead to everyone accepting Douglas Adams style absurdity as the only good lens through which to process the world, i.e. irony
· ↳ reply to @flevestanagan
@flevestanagan Facebook already struggles to be at the center of the conversation politically. Twitter is the most political online platform that exists. Presidents and dictators come to shitpost here — the conditions are different
· ↳ reply to @flevestanagan
@flevestanagan I’m saying the reach and breadth of organic political twitter content is nothing like what’s on Facebook. The fb newsfeed algorithms are not likely to give you the kind of organic reach that twitter will, so you end up paying for promotions
1 ♥ · x.com →
· ↳ reply to @tszzl
@flevestanagan For both platforms political ad spend probably encompasses a very small fraction of revenue; but both want to be important and powerful in politics anyway. Twitter does that quite successfully without ads — that’s all I’m saying
1 ♥ · x.com →
· ↳ reply to @Noahpinion
@Noahpinion You have exactly zero evidence this is true, you just want it to be so you can explain away 2016. Hillary spent more than Trump, and Trump got billions of dollars in free coverage anyway
1 ♥ · x.com →
My main interest in life is finding opinions that are Pareto optimal for correctness and controversialness (HOT TAKES)
1 ♥ · x.com →
Ahhh all things in balance
YIMBY has reached some sort of critical point
6 ♥ · x.com →
· ↳ reply to @twinkhoncreole
@Robyn9124 nobody went to jail boss the big banks sold billions of dollars in shitty MBS to mid size banks after they realized they were worth shit, ruined them, and then faced no heat bc huge liquidity injections from government
1 ♥ · x.com →
· ↳ reply to @tszzl
@Robyn9124 it's true that it's a bad temptation to blame "CEOs" for gigantic systems level failures and 'rational bubbles' but that doesn't mean Goldman and Morgan stanley weren't doing reprehensible things during the crisis
2 ♥ · x.com →
· ↳ reply to @kurtybot
@kurtybot This doesn’t really mean much. Compare twitter/fb total revenues and you’ll notice a similar pattern
· ↳ reply to @Noahpinion
@Noahpinion The German foray into wind was stupid. They made a mistake with denuclearization
4 ♥ · x.com →
· ↳ reply to @cd_hooks
@cd_hooks Our sitting president was a tv show host Accreditation is not needed for the presidency
· ↳ reply to @geekethics
@geekethics @Robyn9124 They did lie about the MBS lol that’s the point. After they found out how trash they were, the went across town unloading these toxic assets without telling the investors that anything about the supposedly triple A rates bonds had changed
· ↳ reply to @wb_thorne
@wb_thorne @Noahpinion When did we talk before? It doesn’t matter if it’s extractive; that’s really a moot point. It takes all kinds of rare materials dug out of the ground to build batteries and solar panels which eventually die. Breedable thorium is one thing we are not short on.
1 ♥ · x.com →
· ↳ reply to @wb_thorne
@wb_thorne @Noahpinion Its a pipe dream only because regulators vehemently disallow new technologies from being tried in this space, going so far as tinker bill gates company from building a prototype in China
· ↳ reply to @bigmastertroll
@bigmastertroll They all believe the former, zero of them believe the latter. To be fair, people have a tendency to become true believers of ideologies that suit their incentives
2 ♥ · x.com →
· ↳ reply to @Aella_Girl
@Aella_Girl Getting rid of amazon would massively harm hundreds of thousands immediately. The death of Wikipedia would be sad but manageable, recreatable
5 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock @JohnCarltonKing Not saying that good pharma raises costs, only that high profits (and therefore costs) are necessary to create great pharma companies
2 ♥ · x.com →
Watching RL agents learn is a quasi religious experience
1 ♥ · x.com →
· ↳ reply to @visakanv
@visakanv To be fair, these dreams are common among American students to the point where you see memes about them. I don’t think it’s necessarily even an issue; when you try very hard to achieve something, obviously your subconscious will imprint on it
· ↳ reply to @visakanv
@visakanv I don’t think this particular symptom is so bad; I do agree the disease on the whole is awful
· ↳ reply to @visakanv
@visakanv Ok, perhaps I can’t relate because I don’t ever get nightmares so bad they disrupt my sleep. I have a lot of sympathy if that’s the case. To me these exam dreams are a cute phenomenon:
1 ♥ · x.com →
· ↳ reply to @wesyang
@wesyang Ya but of course it’s the other people and not me who are sheep :))) i.e. you are vastly underestimated how nourishing and fun it is to become a true believer. Most people know something’s up and do it anyway for spiritual and social status reasons
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing @Noahpinion You’re making a second order judgment here: I don’t want to vote for him because I think he’s an electoral failure. The Keynesian beauty contest. Truth is, I consider the Obama administration pretty awesome. If old man Biden had anything to do with that, he has my confidence
· ↳ reply to @t3703
@t3703 Not to mention the total market share for HFT is only $2b. It’s not the world ending threat progressives make it out to be
Only makes me respect him more. There are very few journalists with such intellectual clarity that they are willing to put skin in the game and risk public humiliation to prove an empirical point. He did more to convince me that water boarding was wrong than anyone else https://x.com/TheSocietyDude/status/1190491153998778368
83 ♥ · 8 RT · x.com →
· ↳ reply to @t3703
@t3703 “In 2017, aggregate revenues for HFT companies from trading US stocks was set to fall below $1bn for the first time since at least the financial crisis” The share of revenues taken by HFT is small
1 ♥ · x.com →
· ↳ reply to @Slayer1cell
@Slayer1cell @JohnCarltonKing @armchairshrink trump's base isn't interested in trust busting tho? he's loosened up a lot of FTC regulation on the down low. like getting rid of net neutrality for one but the economic consequences of breaking up even one of the tech giants is titanic compared to minor dereg
· ↳ reply to @Slayer1cell
@Slayer1cell @JohnCarltonKing @armchairshrink wrong -- the consumers don't care and there are tons of monopolies that harm them far worse than google does. it's a good political target so a coalition of politicians and journalists have roused crowds with misinformation
Don’t even talk to me like I’m the same person I was before daylight savings ended 😔😔
10 ♥ · x.com →
· ↳ reply to @PrisonPlanet
@PrisonPlanet We’re just as paranoid today. Why u think people spend so much time about websites collecting data when it hasn’t realistically harmed 99.9% of users
I adore good science fiction because its collective body forms the only compelling religion for the nonreligious
10 ♥ · x.com →
· ↳ reply to @nmeier21
@NickMeier21 I mean m4a on its own is supposed to kill like 2 million jobs by reducing healthcare overhead Clear that even without the funding side it might spike unemployment. There are always downsides
· ↳ reply to @alexandr_wang
@alexandr_wang What does this even mean? Building things requires a million transactions — between founders and VCs, companies and employees, firms and regulators
6 ♥ · x.com →
· ↳ reply to @alexandr_wang
@alexandr_wang And what about the banks in NYC building novel financial products? I think what you’re getting at is that the transactions in the tech sector tend to be more nonzero sum than other transactions
6 ♥ · x.com →
· ↳ reply to @josephlei
@josephlei @alexandr_wang Uber, Lyft, Airbnb, Salesforce ... I can think of tons of SF companies that play the algorithmic middleman. In fact, Silicon Valley is better at playing middle man than anybody else
1 ♥ · x.com →
· ↳ reply to @sarthakgh
@sarthakgh Nobody wants the facts here; nytimes is dedicated to destroying Facebook and will not stop until they’ve either died or won
· ↳ reply to @zackkanter
@zackkanter We’ve finally arrived at the “Locke and Demosthenes” era that Orson Scott Card promised
why this is almost definitely untrue or misleading: - short workweek is a "low hanging fruit," i.e. major companies have probably been thinking about this for a hundred years - in a country where the gig economy is totally normal, there is no cultural barrier to short work weeks https://x.com/scottsantens/status/1191021299495264257
6 ♥ · x.com →
· ↳ reply to @tszzl
there are: - per employee fixed costs (i.e. Zucman's "head taxes") - diseconomies of scale from larger employee bases via communication cost; breaks Bezos' 2 pizza team rule also, i'm definitely sure they managed to find a way to get employees to work from home on off days
2 ♥ · x.com →
· ↳ reply to @TomValletti
@TomValletti the concept of the 'network effect' better explains this point. The value of your data to the network is worth N^2 if it's worth N to you also you'd have to expect everyone to deeply understand the concept of a table join to satisfy the paper's most basic premise
· ↳ reply to @CNLiberalism
@ne0liberal “The job of a politician is to tell the people what they want but to give them what they need”
2 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock By one measure, this problem is trivial to assess: Insurance company margins are ~5% Pharma company margins are ~25%
1 ♥ · x.com →
· ↳ reply to @tszzl
@jdcmedlock 20x the supply side cost spent on the demand side? That’s egregious
1 ♥ · 1 RT · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock Why is it that this coordination problem is so difficult? For example, a grocery store may purchase from thousands of different suppliers across the world & it doesn’t consume 1.75% of GDP I’m sure mandating one food supplier would lower these already low costs
1 ♥ · x.com →
· ↳ reply to @ryxcommar
@ryxcommar This is completely true. Any community that doesn’t reward its highest impact members (blue checks, follower counts) will find its stars bleeding away to other platforms
1 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock Not to be reductionist but I’m pretty sure this is what algorithmic market makers like Uber do all day long, a million times a day I’m sure you can’t fix this problem with software, because it would’ve already been done. I guess I’ll look deeper into why not
1 ♥ · x.com →
· ↳ reply to @inspireprag
@inspireprag @trepur349 If this were true, VCs and entrepreneurs would be clamoring to break up big tech. And yet, that’s not what we see at all. If anything big tech encourages entrepreneurship by itself maintaining a portfolio of acquisitions and investments
4 ♥ · x.com →
· ↳ reply to @R00349
@trepur349 Breaking up big tech is v dumb populist posturing
2 ♥ · x.com →
Want to wake up and feel the cold freshness in the brain indicating a good nights rest and peak performance more often
4 ♥ · 1 RT · x.com →
what we should've done in 2008: - no bailouts for Freddie Mac, Fannie Mae or big banks (all would've survived except for AIG) - this would've destroyed single family homeownership model - incentivized destruction of zoning laws - universal housing stipends on the order of $1tr
5 ♥ · x.com →
· ↳ reply to @tszzl
- Fed opens up paper markets for non bank entities like GM so they don't die in the crossfire without taxpayer subsidies on mortgage capital w.r.t. Freddie and Fannie, and also private label MBS driving capital costs down, single family homes would not be a viable model
1 ♥ · x.com →
· ↳ reply to @tszzl
In truth massive crises are the best time to drive systemic change, both in the markets vis a vis entrepreneurship and in government with legislation. Desperation makes it easier to pass extreme measures
3 ♥ · x.com →
· ↳ reply to @tszzl
The truth is Bernie and Warren come closer to this model than Obama or the other neolibs ever did. But the issue is that they wanted to bail out the delinquent homeowners only, which is the same exact thing as buying a bunch of crappy MBS from the banks.
2 ♥ · x.com →
· ↳ reply to @tszzl
Creates the same moral hazards and pperverts the market incentives Only viable option is to make the welfare program universal
2 ♥ · x.com →
· ↳ reply to @R00349
@trepur349 what are those cases exactly? no matter which way you slice it there's no monopoly in news distribution, it owns less than 15% of market share in the social media space, it has competitors: tiktok, snap, twitter in the ad space, it competes with google and ALL offline ads
· ↳ reply to @EricRWeinstein
@EricRWeinstein you're wrong mate the presence of nuclear weapons makes war unconscionable and rare it stabilizes the world power equilibrium by discouraging opportunism - we make our own luck
4 ♥ · x.com →
we make our own luck - the presence of nuclear weapons makes war unconscionable and rare they stabilize the world power equilibrium by fiercely discouraging militaristic opportunism; Oppenheimer deserves the Nobel Peace Prize https://x.com/EricRWeinstein/status/1191562230514368513
93 ♥ · 11 RT · x.com →
this is beyond silly - we've never known what makes voters tick, there's no easy way to convert a voter through gimmicks, and it's pure lunacy to think algorithms are any more black boxy than, say, what nytimes or a cable news channel decides to report on https://x.com/naval/status/1191559363393015809
3 ♥ · x.com →
· ↳ reply to @tszzl
please open source the decision making that led CNN to play Trump campaign speeches unedited for hundreds of hours or to push the "two flawed candidates" narrative
2 ♥ · x.com →
· ↳ reply to @tszzl
and let's say they published the ads model or the newsfeed model: it would be completely unintelligible. these things aren't constructed or meant to be understood by humans
1 ♥ · x.com →
· ↳ reply to @justindross
@justindross It took us 200 years to dig ourselves into this hole, and we’ll dig our way back out in <10 Carbon is cheap
1 ♥ · x.com →
· ↳ reply to @grahamwelling16
@grahamwelling16 The bailouts didn’t save anybody from losing their home. Govt just bought all the downside risk. Fannie Mae and Freddie Mac make it easier for everyone to get home loans, not just subprime — we subsidize homeowership If they had gone down, we’d be living in a different world
· ↳ reply to @grahamwelling16
@grahamwelling16 Not at all — I’m saying we should’ve handed out housing stipends (perhaps by extending the Section 8 program) Let the banks deal with their delinquent homes
· ↳ reply to @grahamwelling16
@grahamwelling16 Homeowners already did lose their homes en masse ... nobody bailed them out. my goal is that we admit as a country that homes are not a good investment, move to a rent over own society, have a bunch of delinquent properties be repurposed as denser housing, etc
@accountable_gov Counterpoint: we should be wary of the Times They have a clear ideological agenda and have profited greatly under the rise of Trump It’s silly to think they’re in trouble, and we should be treating them like we do any other for profit co: with skepticism
· ↳ reply to @DeAngelisCorey
@DeAngelisCorey We should be running prediction models to see how well a certain student should do on a standardized test based on income, family history, etc. and then rewarding schools based on how much they beat the prediction
· ↳ reply to @tszzl
@DeAngelisCorey There needs to be *some* anchor to make sure that school curriculums don’t deviate too far from each other — our system will get taken over by political and religious schools with no connection to our shared reality
· ↳ reply to @Noahpinion
@Noahpinion this should be like the very last priority for Mars there is a whole giant ass planet to search for life there and we're worried about contaminating some miniscule surface area with bacteria?
· ↳ reply to @mattyglesias
@mattyglesias lol it’s a powerful demonstration of how newspapers love to publish populist class warfare garbage
3 ♥ · x.com →
· ↳ reply to @tszzl
@mattyglesias the proper role of government is to be only slightly more powerful than each individual element of private enterprise and earn the keys to the kingdom
bill gates wealth in his own hands: saved something like ~150 million lives by some measures in the most efficient manner possible bill gates wealth taken as wealth tax: funds something like ~10 days of medicare for all https://x.com/dealbook/status/1192212157422813186
103 ♥ · 20 RT · x.com →
· ↳ reply to @wesleyytian
@wesleyytian bureaucracy is inescapable even in dictatorships — what’s efficient is decentralized power, so lots of different people can run their own experiments
3 ♥ · x.com →
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing Nah, Iowa’s demographics (extremely white libs) make it a strange race. Currently 4 candidates are essentially tied at an unstable equilibrium. This’ll collapse towards some clear front runner in the next few months as Iowans become absolutely sick and tired of the campaigning
if you see this story and think the problem was as simple as “forgetting to program jaywalkers”, you’re not thinking critically. A general rule: if you can figure it out, a team of highly paid professionals with their reputations on the line can figure it out https://x.com/chimeracoder/status/1192381159851741184
3 ♥ · x.com →
· ↳ reply to @lw_populist
@lw_populist @naamamarom @ne0liberal I unapologetically think that Gates is a better utility maximizer than the US govt, or a universal UBI of a few dollars per each American. This is obviously not even close to true for the majority of billionaires
@shoefaceblue @promexico @AgiaTheBun I agree; Bill Gates is not the rule. However, of all the richest Americans, most are philanthropic. Take buffet for another example
1 ♥ · x.com →
@shoefaceblue @promexico @AgiaTheBun Not necessarily even opposed to the wealth tax; just to the zealotry of confiscating billionaires’ wealth. If your worldview boils down to fighting conspiracies by evil billionaires, it’s likely you bring nothing to the conversation
Jordan Peterson has made a killing by *checks notes* reading the Western classics and summarizing them on youtube ?
3 ♥ · x.com →
· ↳ reply to @nycDSA
@nycDSA It takes a special kind of skill to accidentally fall into an ideological evil this deep
17 ♥ · x.com →
Won’t work. Without rewarding the few Machiavellian IG fanatics who try to collect as much fame as possible (twitter accomplishes this by handing out blue checks), the high value contributors will all leave social capital flight https://x.com/WIRED/status/1192962986224128005
2 ♥ · 1 RT · x.com →
are there any uppers that won't destroy u over time
1 ♥ · x.com →
· ↳ reply to @archiveOfAwe
@_vivalapanda addy works super well for me but immediately after it wears off I get debilitating headaches so it’s a bit of a nonstarter
· ↳ reply to @tszzl
@_vivalapanda It actually works so well for me that I start wondering about the wisdom of hacking my own reward function
@JoeDewar @wesleyytian More like ~500, and their entire lump of capital accumulated over several decades gets spent by the federal government in 6 months
· ↳ reply to @jack
@jack for the love of god bring political ads back and use it to invest in a better ios app
· ↳ reply to @tszzl
@Goodtweet_man self denial isn’t a virtue and avoiding hedonism is only a means to an end
1 ♥ · x.com →
· ↳ reply to @Goodtweet_man
@Goodtweet_man One can’t help but wonder if self mastery is the intention here or if it’s a kind of a sexual politics. An honest person can wonder. Of course, I think writing “not jerking off causes violent tendencies” headlines is 100% a form of sexual politics, so grains of salt all around
4 ♥ · x.com →
only bored people can be creative which is probably why the science seems to say most stimulants depress creativity
5 ♥ · x.com →
In Kendrick Lamar’s song “How much a dollar cost”, Kdot comes out in endorsement of the universal basic income to protect the dignity of the most destitute. In this essay, I will
5 ♥ · x.com →
@stitchyboy1872 @Goodtweet_man is it not possible to masturbate without being enslaved to vice? is it not possible to eat in moderation without becoming a glutton? when someone has an eating disorder, our advice to them is usually not to quit eating cold turkey both extremes are forms of slavery
· ↳ reply to @eigenrobot
@eigenrobot Pretty much all the 2016 pundits. Nate Silver, Ezra Klein, Paul Krugman
6 ♥ · x.com →
· ↳ reply to @NeoLibBen
@NeoLibBen tbh knowing a shit ton of languages doesn’t inspire that much confidence in his intelligence on its own I think warren, booker, klob, and now even Bloomberg seem just as smart Could more easily tell you which ones I think are dumb (beto, May he Rest In Peace)
1 ♥ · x.com →
· ↳ reply to @tszzl
@NeoLibBen I disagree with nearly everything warren says but that doesn’t mean she’s dumb. I just don’t understand her game
1 ♥ · x.com →
· ↳ reply to @socialimpactcap
@impcapital Somewhat misleading to present only the discretionary budget. In reality most government dollars to towards entitlements, not military
1 ♥ · x.com →
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing to be honest it kind of says a lot about the strength of our system that the richest human in the world is a better utilitarian philanthropist than our democratic government will ever be
1 ♥ · x.com →
· ↳ reply to @armchairshrink
@armchairshrink @ExLegeLibertas @JohnCarltonKing These guys just need to admit they don’t like Biden lol, No need for alt facts. Obama has repeatedly said it’s not the place of a president to meddle in a primary by endorsing a candidate because he’s, you know, a principled and excellent man
3 ♥ · x.com →
· ↳ reply to @tszzl
@armchairshrink @ExLegeLibertas @JohnCarltonKing He said “you don’t have to do this” as someone who’s concerned for his friend. joe Biden’s fucking old and the presidency is probably an immensely stressful job, plus he’s had a difficult few years
1 ♥ · x.com →
· ↳ reply to @tszzl
@armchairshrink @ExLegeLibertas @JohnCarltonKing He’s helping staff up the Biden campaign and personally overseeing strategic decisions according to every reputable source. That’s about as far as you can go without literally endorsing Biden aloud. Y’all gotta read between the lines. He didn’t endorse Hillary in 2016 either
2 ♥ · 1 RT · x.com →
· ↳ reply to @CNLiberalism
@ne0liberal don't think this quite sums it up because new york has similar concentrations of wealth and inequality, but it's not even close to as bad as SF when it comes to civic decay and lawlessness
1 ♥ · x.com →
· ↳ reply to @wh0sthatd0g
@wh0sthatd0g @ne0liberal That’s a thought, but probably not the biggest contributor. Housing costs are high in both places if you want to live at the center of things, but New York has a lot in low end housing & something called “right to shelter” laws
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing Clinton oversaw PNTR with China and China’s entry into the WTO, possibly creating one of the greatest living examples of poverty reduction and human welfare increase the world has ever seen Everything else, including the weakening of our welfare state, is relatively unimportant
· ↳ reply to @tszzl
@JohnCarltonKing I’m in favor of guaranteed income to increase our welfare spending, but we are basically only slightly below the OECD avg in terms of welfare spending. In the war against extreme global poverty, though, nobody has a better legacy than good old William Clinton
· ↳ reply to @vgr
@vgr oh jeez I miss the harambe memes
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing again you're preaching to the choir here. The CCP are the biggest living threat to the liberal international order (other than maybe itself under rule by idiot populists). but that really doesn't negate the suffering of a half billion humans in destitute poverty
3 ♥ · x.com →
· ↳ reply to @tszzl
@JohnCarltonKing I happen to have hope that the West can have its cake and eat it too: empower the Middle Kingdom and retain control of the global order. China will slowly liberalize, in fits and starts. The HK protests demonstrated the limits of their power
2 ♥ · x.com →
please support my rebrand
28 ♥ · x.com →
@computergorl honestly I see this as a good thing: as a side effect of ubiquitous material wealth, we're able to split into consumerist tribes. in other social circles, it's Jeep vs Chevy, adidas vs nike
@computergorl I was thinking of this exact post. At least iPhone users aren’t killing android users or vice versa. This sort of tribalism almost seems productive
· ↳ reply to @OpenBordersJon
@JonFilmFan the attached strings cause a lot of stress and bad welfare cliffs much better to make programs universal and then claw back the handouts via tax
2 ♥ · x.com →
extremely hot take: homework is assigned to maximize the off chance you might learn something from school https://t.co/284hCzxtnF
4 ♥ · x.com →
· ↳ reply to @tszzl
our school system is actually fairly reasonable given the vast number of constraints they have and tech adjacent / libertarian people need to chill
3 ♥ · x.com →
lmao y’all remember that cringe tweet about hating rural folk and their healthcare? I’m literally hearing people talk about it on talk radio and they’re explaining what “getting ratio’d” means
8 ♥ · x.com →
@NeolibShill His only mistake was that he stopped poasting
2 ♥ · x.com →
@CascadianSolo there will be absolutely no repercussions for him and this thing will be forgotten as the eyes of the mob shift in no time at all, I wouldn’t worry about it
1 ♥ · x.com →
@ProperOpinion Odds are this increases complexity and cost on the already wildly complex hospital billing mechanisms without improving consumer choice
@JaronGubernick but we don’t really have to keep up with it though? that’s the beauty of capitalism — there doesn’t need to be any central planner crunching all numbers at once
· ↳ reply to @tszzl
@JaronGubernick its more that we try to keep up with the world anyway for entertainment value
· ↳ reply to @R00349
@trepur349 some portion of pharma R&D is bogus rent seeking but overall true
3 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock I get what you mean, but even now none of the moderates are trying to end employer based healthcare
1 ♥ · x.com →
· ↳ reply to @jdcmedlock
@jdcmedlock even if health insurance was government provided (which I am not opposed to), that isn't the same thing as getting rid of market-based healthcare - merely replacing one layer of the value chain. we would still be wise to try and make functioning markets out of the rest of it
2 ♥ · x.com →
· ↳ reply to @jenheemstra
@jenheemstra so what signal do you have, if any, in picking grad students? somehow I think GPA is probably better than random
1 ♥ · x.com →
· ↳ reply to @AndrewYang
@AndrewYang and his anti-automation hordes are wrong about a lot of things, but in particular wrong about exactly what kind of person’s job gets displaced; it’s always the manager, not the worker
2 ♥ · x.com →
· ↳ reply to @tszzl
the last decade of automation has almost purely been about processing information better: where there were used to be managers setting cab wages and fares for each taxi company, a handful of competing algorithms set a trip fare now. The driver’s life is relatively unchanged
1 ♥ · x.com →
@dangercat5000 that’s true, but if anything the total number of driver jobs have gone up due to increasingly better market making
· ↳ reply to @tszzl
@dangercat5000 they’re hurting mostly because the rent value of their taxi medallions have gone down, which is unfortunate but efficient — medallions are a societal grift
· ↳ reply to @tszzl
The future is will increasingly divided into people who work “under the API” and the people who build the API — but the middle managerial class will be the first to go
2 ♥ · x.com →
· ↳ reply to @_debarshi
@_debarshi @AndrewYang it’s true that some jobs may move around geographically in any vibrant economy. Easy to deal with in the abstract economic sense, but retraining and moving 300 miles is difficult. I don’t see that yang is seriously addressing this though
1 ♥ · x.com →
· ↳ reply to @Neoglobaltarian
@Neoglobaltarian @JohnCarltonKing @jdcmedlock add those incentives right back but not via the payroll tax mechanism. When I say our hc markets are non functional, I don’t just mean insurance. For example, why do most hospital on earth not publish outcome statistics? What are we even buying when we choose a hospital/doctor?
2 ♥ · x.com →
· ↳ reply to @tszzl
@Neoglobaltarian @JohnCarltonKing @jdcmedlock why is the fda process ridiculously slow? why do we not allow foreign doctors to practice in the US? why do we allow an organization of doctors to limit the future supply? we're not even pretending that this is a market
2 ♥ · x.com →
@dangercat5000 There will be physical storefronts for a long time — people like to hunt for items in a tactile way. Even if they all go the way of Amazon Go, people will create new jobs as has happened all throughout history. The only question becomes location and retraining
· ↳ reply to @_Jason_Dean_
@_Jason_Dean_ Man I bought a bunch of Pete contracts in May and then sold like a bitch. Crying rn
2 ♥ · x.com →
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing John, you have to admit it would be incredibly cool having the first gay president of the United States. Maybe cooler than first women POTUS
2 ♥ · x.com →
· ↳ reply to @JohnCarltonKing
@JohnCarltonKing respectfully, I think it's a much more impressive advance for a gay man to become president (or presidential candidate) than for a women to do the same. we legalized gay marriage <5 yrs ago. repealed DADT few years before that. moot point tho, biden is gonna take it
3 ♥ · x.com →
@MoonKnightStan hillary, 2016: boring, safe hillary, declaring her run in dec 2019: exciting, chaotic, doomer vibes
1 ♥ · x.com →
· ↳ reply to @conorduffy_7
@conorduffy_7 the discourse around calling things a human right seems a bit cynical. of course food and water could be called human rights, but: (1) nobody is asking for price controls on food (2) none of the prominent leftists are promising to end world hunger
4 ♥ · x.com →
@Shane_G_Warren @conorduffy_7 ofc, we have cash based subsidies for food via SNAP and for housing via Section 8. None of that warrants a massive state funded housing program, or “national rent control”. The housing crisis was engineered by the State and now they’re selling themselves as the solution too
@Shane_G_Warren @conorduffy_7 When ideologues claim something is a human right, they mean that it should be free (and only free for their electorate). Which is clearly counter productive. That’s all I’m saying
broke: Postal Banking woke: Postal Investment Banking
2 ♥ · 1 RT · x.com →
· ↳ reply to @Altimor
@Altimor Wracking my brain and not coming up with anything better than this: With primogeniture you can get a cool family crest. Also it’s lindy
1 ♥ · x.com →
· ↳ reply to @micsolana
@micsolana The forces in favor of stopping hurricanes seem to me much stronger than the forces ostracizing mildly strange ideas If you told me you could blow up hurricanes my first reaction is “awesome”, not “this is weird and dangerous”
1 ♥ · x.com →
Warren’s got 100% polling in the “French economist” demographic
24 ♥ · 2 RT · x.com →