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IMF working paper suggests using browsing history in credit score calculations
241–247 of 247 posts
Re: IMF working paper suggests using browsing history in credit score calculations
#242Earlier quoted context omitted.
When you think about the power structure of our governments, power flows top-down; from National -> State -> Local government, which makes sense. But when deciding which local governments participate in which State governments, and which states participate in which national government (if any), these decisions should be managed bottom-up instead of top-down. Consider the situation in Oregon, where five rural counties…
thats really interesting, and makes sense to me, but i wonder about how feasible a weak central govt would work in such a globalized capitalism that we have today... wouldn't such flexibility/decentralization hurt national competitiveness vis-a-vis say, u.s vs china, or russia etc?
It seems like it would definitely hurt economic competitiveness relative to our economic rivals who have top-down control (to whatever degree that confers an advantage). But it would also allow us to avoid some disadvantages of top-down governance. In the current federal system, it isn’t difficult to imagine the implantation of something like a national rent control bill (which, though productive fodder for populist politicians, would cause a rash of predictable economic problems), whereas it would be impossible to imagine the same change (and the related problems) occurring nationwide if said policy had to be adopted at the state level.
It would also allow the states to serve their original role as “the marketplace of ideas”. One could imagine Oregon implementing state-run healthcare or a UBI, or Kansas implementing the “Fair Tax”, whereas now the states look to the federal government to implement these sorts of large policy changes.
Re: IMF working paper suggests using browsing history in credit score calculations
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Re: IMF working paper suggests using browsing history in credit score calculations
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Re: IMF working paper suggests using browsing history in credit score calculations
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Re: IMF working paper suggests using browsing history in credit score calculations
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Re: IMF working paper suggests using browsing history in credit score calculations
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