After the pandemic, we can’t go back to sleep (2020)
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After the pandemic, we can’t go back to sleep (2020)
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Re: After the pandemic, we can’t go back to sleep (2020)
#2That should be fifty-nine.
Re: After the pandemic, we can’t go back to sleep (2020)
#3Re: After the pandemic, we can’t go back to sleep (2020)
#4Re: After the pandemic, we can’t go back to sleep (2020)
#5Re: After the pandemic, we can’t go back to sleep (2020)
#6I had somehow missed that he died. What a shame. He wrote one of the most interesting, fascinating and influential books I have ever read.
https://news.ycombinator.com/item?id=28908960
His passing also discussed at the time:
Re: After the pandemic, we can’t go back to sleep (2020)
#7There is a pre-modern tendency toward muscular executive branches that bears re-thinking, though.
Re: After the pandemic, we can’t go back to sleep (2020)
#8It's strange to see this upvoted on HN of all places. Some marxist inspired ramblings with no clear conclusion. Fact is that the free enterprise system works very well when you let it work and this is backed by a lot of empirical data.
Re: After the pandemic, we can’t go back to sleep (2020)
#9Our governments seem to move from crisis to crisis, though the cart/horse roles are ambiguous here.
Re: After the pandemic, we can’t go back to sleep (2020)
#10It's strange to see this upvoted on HN of all places. Some marxist inspired ramblings with no clear conclusion. Fact is that the free enterprise system works very well when you let it work and this is backed by a lot of empirical data.
Another example is that monopolies require legislation or they have the effect of “seizing up” the dynamics of a functioning marketplace and turning toxic.
Semiconductor patents being made public and telecom copper being made open to use by other companies are both pretty well understood examples of legislation that helped bring about the computer era we live in now. Not free market in a pure ideological sense, but a kind of curated open market dynamic.
Markets are created by governments and don’t just spring from anywhere whole cloth. Markets are useful for many many things but need to be gardened, in effect.
In our current world labor “markets” are really not that at all— if a participant does not have the ability to withdraw their offer of labor then price signaling doesn’t work.
I’ve been reading the book Freedom From the Market, it’s well-researched and a literature review of sorts. Would recommend.