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What is going on in Argentina?

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171–180 of 184 posts

Re: What is going on in Argentina?

#171

Earlier quoted context omitted.

The speed with which you moved from dissenters-from-economic-orthodoxy-are-creationists to rejecting the possibility of imperfect information, transaction costs or natural monopolies for not confirming to the dogma that the market is always right is truly impressive...

Monopolies are legitimately debatable topic for government intervention. However what is the reason governments should be involved in imperfect information or transaction costs? Please provide specific market failures. Additionally creationists is the perfect analogy for collectivists, socialist and marxists, their ideas require magic fairy dust to have any chance of working.

Government isn't involved in imperfect information or transaction costs: responsibility for those failures of the market delivering suboptimal results lie entirely with the market participants. Obvious examples include the highly profitable sale of products that avoid the R&D overhead and additional manufacturing expense to actually do what they claim to do, and the inability of various disparate individuals each receiving small negative side effects to their health to coordinate to stop a local polluter even if a tort system for restitution (a government intervention!) actually exists.

Creationism is also the perfect analogy for people who either are ignorant of or deny basically anything past the first page of an economics textbook in favour of the dogma that if markets fail to deliver optimal results it must be the fault of state intervention. Much like Marxism, the economics of Mises needs a lot of fairy dust

Re: What is going on in Argentina?

#172
post #167

Earlier quoted context omitted.

Sure, but this does not take into account the appeal for trying to exploit said codebases. Who pulls from an untrusted git instance ? Very very few people, hence the very low incentive to look for exploits. Who uses Chromium ? E-ve-ry-one.

i'm pretty sure people clone git repos from unknown github users all the time. i can't be the only one. and there's a special incentive to exploit those people: they're the ones who build the software that runs everywhere else, so if you can own their laptops, you own the world regardless, the nonexistence of security holes is a much, much better protection than insufficient incentives to find the undoubtedly numerou…

I said git instance, not repo.

I would imagine that by directly manipulating the cloning process and not just the repository, a larger attack vector could be exploited.

But yes, I agree with the rest of your points

Re: What is going on in Argentina?

#173
post #167

Earlier quoted context omitted.

i'm pretty sure people clone git repos from unknown github users all the time. i can't be the only one. and there's a special incentive to exploit those people: they're the ones who build the software that runs everywhere else, so if you can own their laptops, you own the world regardless, the nonexistence of security holes is a much, much better protection than insufficient incentives to find the undoubtedly numerou…

I said git instance, not repo. I would imagine that by directly manipulating the cloning process and not just the repository, a larger attack vector could be exploited. But yes, I agree with the rest of your points

there's no such thing as a 'git instance'

Re: What is going on in Argentina?

#174
post #125

Earlier quoted context omitted.

You're ranting about marxists...but the question is whether markets can fail. Milei says no. But there are plenty of examples of markets failing so, if we take that idea seriously, it reduces to something like "free markets have never been tried". What does that remind you of?

Please provide the examples of market failures and I suspect on closer examination you will discover State failure, not market failures.

Everything depends on infrastructure that releases a lot of carbon into the atmosphere: oil, cars, beef farming, etc. This is despite the fact that climate change is exacerbated by releasing carbon. No individual or company wants to be at a disadvantage by not using these things, so no one stops. It's a tragedy of the commons situation. It's only through government regulation and investment into cleaner energy that allowed the alternatives to become viable in the market.

Re: What is going on in Argentina?

#175

Earlier quoted context omitted.

Compare the inflation rates between Alabama and Argentina. Alabama is significantly better. Compare the GDP per capita. Oh that is right, Alabama is better. Is there any spot where Argentina is more stable or prosperous than Alabama?

Sure. Because even as the ~weakest part of the US, it's still part of the US and gets to ride that tide. Fully severed and deprived of any US privilege, it's leadership could quickly face any number of newsworthy options like mass die offs due to minimal health care and low vaccination rates, being overthrown by a Latin / South American interest or dying in a bloody coup because they couldn't muster enough resources…

Do you have any proof to anything you said? It just sounds like you hate the people of Alabama and are fantasizing about how dystopian it would be more than anything based in reality.

Re: What is going on in Argentina?

#176
post #63
post #16

Once financial systems collapse a lot of things stop making any sort of sense. Behaviours and incentives change. You saw the same in Zim

I visited the Soviet Union right at the tail end, and it sounds similar. Official exchange rate (4 rubles to the dollar), street exchange rate (12+ rubles), a mix of shops and restaurants taking dollars unofficially, and people were generally ... fine with it? The economy obviously wasn't working, but everyone was housed, fed and clothed.

I remember that time. The prices were often set in “UE” (uslovniye edinitsi) translated as “conventional units”, which were of course understood by everyone to be USD. Because using any non-ruble currency for official purposes was illegal.

Re: What is going on in Argentina?

#177
post #173

Earlier quoted context omitted.

I said git instance, not repo. I would imagine that by directly manipulating the cloning process and not just the repository, a larger attack vector could be exploited. But yes, I agree with the rest of your points

there's no such thing as a 'git instance'

haha sure. so when you git clone something, it arrives to you through divination, and there is no larger attack vector once you can meddle with the entire communication part and not just the blobs and refs.

Re: What is going on in Argentina?

#178

Earlier quoted context omitted.

Sure. Because even as the ~weakest part of the US, it's still part of the US and gets to ride that tide. Fully severed and deprived of any US privilege, it's leadership could quickly face any number of newsworthy options like mass die offs due to minimal health care and low vaccination rates, being overthrown by a Latin / South American interest or dying in a bloody coup because they couldn't muster enough resources…

Do you have any proof to anything you said? It just sounds like you hate the people of Alabama and are fantasizing about how dystopian it would be more than anything based in reality.

I go on about leadership and you instead construe that I have disdain for the people. That's an interesting substitution to make.

Re: What is going on in Argentina?

#179
post #97

Earlier quoted context omitted.

It seems like you are confusing two different terms, liberalism and libertarianism.

Can you explain the difference? Googling it is quite hard, as it mostly throws me biased views.

In the U.S.:

"Liberalism": Broadly, what other countries call social liberalism, i.e. liberty, individual rights, equality, all rooted in Locke's notion of the social contract.

"Libertarianism": An American revival of what's formally called classical liberalism. Broadly: Small government, strong individual rights, free market capitalism, etc.

Re: What is going on in Argentina?

#180

Earlier quoted context omitted.

Do you have any proof to anything you said? It just sounds like you hate the people of Alabama and are fantasizing about how dystopian it would be more than anything based in reality.

I go on about leadership and you instead construe that I have disdain for the people. That's an interesting substitution to make.

Who elected the leadership?
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