Earlier quoted context omitted.
>>> At any given time are there, or are there not, finite goods and services? >> At one given instant sure > Wrong, wealth is not finite Perhaps you could make up your mind. > Yes, people who lived in preindustrial societies saw more or less fixed living standards for generations. But fortunately for us, we live in one of the most economically dynamic points of in all of human history [1]. Your statement does ring tr…
At any one given instant in time, the planets have just one position around the sun. Does that mean orbital paths are a lie? The amount of carbon dioxide in the atmosphere at any one point in time is fixed. At a particular instant in time, there is an exact number of CO2 molecules in the atmosphere. And that number is fixed and doesn't change, unless you pick a different timestamp. Does that mean we can just keep bur…
Then let's cut out fanciful stories of the planets and the birds and the bees and cut to the chase.
In the 8 years between its IPO and Elon Musk taking it private again, Twitter (now X) made a profit in only two, according to Wikipedia. Meanwhile according to Glassdoor it has a median total comp for a Twitter Software Engineer in SF at $250k. But the median restaurant worker in SF makes about $40k according to Ziprecruiter. All of these people, Twitter engineers and regular restaurant workers, are generally competing for housing in the Bay Area. Tell me. Who's typically going to win those bids for housing, the Twitter engineer or the restaurant worker?