Viewing profile — jmoak

I usually don't comment but I felt the urge to here. It's disheartening to see the replies to your comment on this forum that these companies are doing something evil, and that the…

>But western societies don't seem to have a "We need X people with Y skillset" institution. If someone came to me like, "we need a welder to produce $needed_thing" then i would hav…

While not directly related to your question, I think this will help answer many questions you may have about our spending. This is a good start comparing america's healthcare expen…

I recommend reading Robert Putnam's Bowling Alone (2000). American civic and social engagement has been declining in almost every measurable way for 50 years now. There is no way t…

Can you provide some stats on this? I was unable to find anything after 15 min of looking, and that would be quite a surprise to me.

I agree with this as a possibility for general doctor visits. I already mostly see NPs for my checkups. If they aren't sure, then I can jump through the hoops to get a Physician. I…

While residencies have existed since well before Medicare was passed, they were mostly something elites pursued. Overall, residency wasn't an absolutely necessary practice until th…

Yes. If the short term rate banks can lend to each other (the fed funds rate set by the central bank) is lower, then all downstream longer term rates / bond yields tend to fall: ht…

and if nobody is willing to lend to these students any longer because their field of study won't yield enough income to pay back a loan... well, mission accomplished

This seems to have proven that growth leads to higher earnings and equity prices. Of course less taxation and a drop in interest rates will lead to more earnings over time and high…

Agreed, there's not some organization taking a fat cut, it's a matter of overall demand, namely subsidized demand. We hamstring our healthcare supply in a variety of ways while mas…

Agreed, on healthcare our government spends ~2x the amount it spends on defense. Medicare: https://fred.stlouisfed.org/series/W824RC1 ($0.99t) Medicaid: https://fred.stlouisfed.org…

>Humans and our livestock dominate the planet. +1 >I still eat meat as a rare, luxurious treat; one need not give up meat to reduce environmental impact. +1 My rule is: veggies at …

I found this to be practical, educational, and important in our current economic and political climate.

They were so close to being called: The Dollar "Three".

I LOVE this book - this is one of those books I recommend reading just for the joy of programming. It explains the concepts so well that you can hop in even without a background in…