Viewing profile — LaEc
LaEc
HN member- Joined
- Thu, Apr 23, 2020, 1:18 PM UTC
- HN karma
- 13
- Public activity
- 24 items
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About LaEc
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Recent public activity
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Comment #36239213
“ a special committee of Chinese Communist Party members”
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Comment #35165302
Well, my father who heard about the ChatGPT hype believed it is an app you download from the Play Store and proceeded to download a couple of knockoffs with paid subscription featu…
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Comment #32266147
Animals eat farmed plants, and the amount of death/suffering required to produce the caloric equivalent is several orders of magnitude higher.
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Comment #26221571
Perhaps the fact that he died 20 years earlier.
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Comment #25766978
Lower income tax. Lower corporate tax. Eliminate onerous labour laws. Eliminate unnecessary regulation. Improve English education. Raise public sector tech salaries. Stronger accou…
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Comment #23049664
Those are not examples of true Veblen goods but rather goods which use price as a signal of quality. True Veblen goods are things like staple foods for the very poor where the incr…
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Comment #23019742
I think we are talking at cross-purposes, but I read your comment as suggesting a single account. No one calls our IRA the CPF MS, CPF always refers to the IRA and Medisave is tota…
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Comment #23015086
HSAs are just like bank accounts. It reflects a debt owed to you by the govt/bank. The govt/bank doesn’t actually store all the money it owes on hand, it lends it out, makes invest…
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Comment #23014875
I agree with most of your ideas except energy ownership. However, as a Singaporean I have to say that Singapore has HSAs. They are called MediSave accounts and are separate from CP…
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Comment #23014716
That's where the health savings accounts (HSA) and subsidization comes in. We want people to be able to afford healthcare but not abuse it. So what should we do? First, require eac…
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Comment #23009940
Let us assume that your concerns about devaluation come true. Let us say that Poor Man has $10,000 and Rich Man has $10,000,000. Devaluation of dollar by 10% means poor man loses $…
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Comment #23009900
Elimination of the price mechanism eliminates a key way to sort out who truly needs healthcare (or whatever service). Consider a safe elective knee surgery. If you knew it was paid…
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Comment #23009789
If inflationary pressures get to high, the Fed will raise the Fed Funds rate, affecting the market interest rates, incentivizing saving, decreasing inflationary pressures.
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Comment #23009761
The Fed is lending money to prevent a financial crisis, not simply giving it away. Look back at the 2008 crisis and see that the government actually profited significantly from iss…
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Comment #23009708
Are healthcare outcomes worse in the US than other first world countries? Life expectancy is endogenous to variables like diet and exercise. Looking at cancer survival rates, the U…
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Comment #23003710
World with IP: Expensive Range Rovers. World without IP: No Range Rovers. Your imagined world of cheap range rovers if we suspended IP only works once but destroys all future incen…
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Comment #22996035
If modern factory farming processes are not obviously cruel to you, I don't know what would.
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Comment #22994507
So much metaphysical blabbery to justify cruelty.
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Comment #22994499
How much of your consciousness is grounded in sight, sound, taste, touch and smells? How many plants have eyes or ears or any kind of vivid sensory organ? Your argument lacks any k…
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Comment #22994490
Those open-air stockyards in Chicago look like crap, and even then still miles better than what pigs go through today. At least they saw the sky for more than the few minutes just …
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Comment #22994474
There isn't extensive documentation on the welfare of animals in large farms in history, but if you knew what goes on today, you wouldn't even dare write that. Chicks sent to the s…
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Comment #22966687
But it says "plans to hire".
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Comment #22957764
Vertical monopolisation is a mixed bag actually. Vertically integrated companies profit more with lower prices in the downstream market than a purely downstream product company bec…
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Comment #22955575
Can't go to next page and the search function doesn't work. Great mission!