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Market systems work especially well when supply or demand are constrained- they allocate the scarce resource more effectively!

The data center demands are known years in advance. Its not like they magically appear out of nowhere. Perhaps we should eliminate the utilities guaranteed monopoly then! Monopolie…

There isn't an externality here in the traditional sense. No one has a right to purchase anything at any particular price. Should people be disallowed from bidding in auctions beca…

Why should they? If demand for X goes up, and price goes up, the whole point of the price system is to incentivize all users of X to use less and producers of X to make more. Here'…

Although this is a neat idea, the author appears to be confused about how generative modelling works. They repeatedly claim that previous approaches rely on factorization to reduce…

Sure. The most straightforward example would be utilities in much of the US. Companies like PG&E are literally granted a monopoly in a region. Another example would be epipens. The…

Grocery store profits aren't larger than any other industry. Nor are they larger than in the past. Large grocery store chains do not have high profit margins. Sure, the total profi…

There are many other factors affecting the size of corporations. For example, a significant increase in the amount of regulation in other sectors of the economy. More importantly, …

I'd say exactly the same about antitrust. Can you give an example of a lasting monopoly not backed by some government policy? At any point in the last 150 years?

You claim that a law that prevents or hinders you from making transactions with certain parties, while privileging other parties by exempting them from these restrictions, doesn't …

Groceries are an excellent example of competition. Profit margins on groceries are razor thin. The large chain leverage results in lower consumer prices. Large grocery chains don't…

If you wanted to do the most to improve competitiveness possible, by far the most effective strategy would be free trade. Trade barriers prevent competition from overseas, making m…

No, governments tend to produce monopolies. Can you find true monopolies in the free market, in the last 100 years, that have lasted for at least 20 years, without some kind of gov…

Oh, I wouldn't say that. The summary for policymakers they produce is incredibly alarmist compared to what their actual reports predict.

Interestingly, the IPCC reports themselves (not the summaries for policymakers) are quite optimistic. IIRC something like, if we do nothing to abate emissions, climate damages in 2…

MT is actually quite a poor (and slow) RNG! PCG32 suggested in the article has much better randomness, state size, and speed.

A state is an entity with a monopoly on coercion. The tribal nations do not have this- while they have some carve-outs, ultimately federal law trumps theirs. So its not a matter of…

The land and any associated rights was taken from the Native Americans by coercive force. Not a market. Not that they have any particular claim to it; states own land, not ethnicit…

These all seem fine in a normal market? If the Native Americans have water rights, they can also sell them. They can choose to use it inefficiently on subsistence farming, or they …

Standard oil not only reduced consumer prices for gasoline, but was already losing its monopoly to competitors during the antitrust trial.

This causes major market distortions and worse outcomes than the econ 101 solution. The problem is that water isn't traded on a normal market at all. Lots of people have historical…

This is nonsense. In every material good, the buying power of nearly everyone has increased in real terms over time, regardless of inequality. It's only in housing, with constraine…

Navigation/maps providers like Google/Apple maps, etc, will incorporate price estimates as well as time estimates- they can even show multiple options if there are price-time trade…

In a very weak form, yes- and yet it still seems helpful and even popular after people saw the effects of implementation.

The congestion fees would go to the government responsible for the roads. Of course, they could be captured by the rich, but most governments spend most of their money not on the r…