Viewing profile — richardlong

Given the internal and logical consistency apparent in this life, it stands to reason the Boltzmann brain would have to be simulating the entire thing -- the thought processes of o…

So will Trump do what he said he would re: H-1Bs?

Giving H-1Bs expedited green cards only accelerates the decline of the price of skilled labor.

Right, GP is leaving out A. necessary skills, and B. the size of the labor pool (multiplied by the labor force participation rate). For any given skill there is a labor pool with s…

Profits aren't automatically inflated margins. There are healthy margins, and there are inflated margins. There are even margins that are so thin that it's unhealthy, as in the air…

> Competition makes our world prosperous. Competition only increases efficiency if the price of a good is currently inflated. Labor is likely under-priced as a good relative to oth…