Viewing profile — ancap

> Um...how many stories in the media, from the front page of the NYTimes to top-grossing movies, are about the incompetence & evils of governments & members of ruling classes? I do…

> I find this definition interesting because it seems to me there’s a very prevalent portrayal in media pointing towards the opposite, that is that humans left alone (read, without…

Compared to today? In the past century hundreds of millions of people have been slaughtered by states. Compare that with any "private sector" killing, now or in "early civilization…

I think there's some confusion here because often when talking about "flat" or "stagnant" wages people are referring to the idea that inflation outpaces wage increases (which is wr…

That's because wages aren't flat. All of the studies which claim wages are flat make one or more methodological errors. The errors primarily being 1) using different price deflator…

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Actually, it doesn't make sense even if everyone is not playing fair. Self-harm is self-harm. What kind of negotiating is that? "If you shoot a hole in your boat I'll shoot one in …

Economic ignorance abounds in these comments. Tariffs are more accurately termed a punitive tax on consumers. A country enacting reciprocal tariffs is like shooting a hole in your …

Even absent government regulation, I still don't see consumers being terribly concerned about the source of their apple. Why? Because the quality of it is reflected by the reputati…

>...That's transparency The criteria you specify for transparency is subjective and I don't agree that all of those criteria are strictly necessary. Specifically, I don't agree tha…

I disagree. I think in a lot of cases buyers should or would demand transparency (ie. has this house ever been flooded?), but I don't think it's a strict requirement in the broad s…

>So I suppose in your mind that whatever a company wants to do is fine, and that's your prerogative. Non sequitur and a red herring. >To believe otherwise is to believe that a pers…

> They do not act perfectly rational. I suppose you have your own definition for "perfectly rational" that you're standing by, and that's fine. But I fail to see the point. How is …

>Yes, they did. My social security number, my address history, my employment history, all my data. I can write down in my notepad right now: s73v3r_ - thumb sucker and whether it's…

Sure people are rational, even though you as an external actor may not agree with their motives. Even a schizophrenic is rational given what they have to work with. I'm not sure wh…

>Yes it does. While you've presented a compelling counter-argument, I'm still not convinced. >And when did I agree to Equifax's terms? You didn't need to because they never stored …

I find the term "your data" bothersome. Just because there is a piece of data out there that pertains to you it doesn't make it "your data". Some will contend that the data is only…

>First, do you or anyone you know directly or indirectly profit from these types of services? Of course. No one would be using them if they weren't better off from using them.

No, I'm equating one statement of economic nonsense with another statement of economic nonsense. It was a reductio ad absurdum. Unless there are severe external market constraints …

That's just wrong and demonstrates a fundamental lack of understanding of basic economics. If labor were much cheaper, I personally might be willing to hire a maid, a gardener, a m…

I'm not sure what's so hard to believe about that. It's not even a controversial statement. Are you suggesting that if labor were cheaper the market would not consume more of it?

Few things hurt the poor, in particular unskilled minorities, like minimum wage. Those people are effectively outlawed from the labor market because their marginal productivity doe…

No one who is employed is paid "the true value of their labor". Every exchange, whether it's dollars for a good or dollars for labor, happens because of the subjective value the ex…

>The people in power do everything they can to keep wages down. Wages are set by the market through supply and demand