ericjmorey

joined 1 year ago
[–] ericjmorey@beehaw.org 4 points 1 month ago* (last edited 4 weeks ago)

In line with theoretical expectations, we have identified pricing as a particularly effective policy in those sectors dominated by profit-maximizing firms

It amazing how hard these companies fight against the things are the most effective (taxes).

[–] ericjmorey@beehaw.org 5 points 1 month ago (1 children)

It's nice to see that others get it. Unfortunately, neither of us have any immediate influence on the largest social media platforms.

[–] ericjmorey@beehaw.org 3 points 1 month ago

New Jersey has a law like that for gas. Can only increase the price one time per day. But ut doesn't apply to all gass stations, just ones on the highway rest areas.

[–] ericjmorey@beehaw.org 2 points 1 month ago* (last edited 1 month ago)

You made a good point and I immediately thought that reporting a gross profit dollar amount as an example of how profit margins are not slim as simply inappropriate. And I would have responded myself if you hadn't. There's no single dollar figure that can inform anyone about anything useful about the profit margin of a business. A number without context is useless.

[–] ericjmorey@beehaw.org 1 points 1 month ago

I don’t see how that thought process is exclusive to people who are or consider themselves to be smart.

They aren't saying that this is exclusive to people who consider themselves smart. They're saying that they're more likely to fall for the trap by engaging with the assumption of not being susceptible to being tricked. Although I think the author does conflate smart people with people who think of themselves as smart inappropriately.

[–] ericjmorey@beehaw.org 5 points 1 month ago

AT&T simply had the laws protect them from competition for 105 years.

[–] ericjmorey@beehaw.org 14 points 1 month ago

Back when Bitcoin was released, nobody was giving a thought to computer energy use.

It didn't take long before people saw that energy was a major factor in cost of operations of the network.

It was a poor design decision

One that is fiercely defended by people who invested into the implementation. So it may not have started with it being anticipated, but not it is and people are actively choosing to perpetuate this use of energy.

[–] ericjmorey@beehaw.org 3 points 1 month ago* (last edited 1 month ago)

Back when Bitcoin was released, nobody was giving a thought to computer energy use.

VT for long term
Money Market Funds for short term

[–] ericjmorey@beehaw.org 17 points 2 months ago* (last edited 1 month ago)

Republican voters are never going to change their preference to a democratic candidate based on who the Democratic candidate is. The people who have potential to vote for Democrats aren't undecided in who they prefer, they're undecided if they even care enough to vote at all. Getting more people motivated to vote who didn't vote in the prior election is the only way to gain votes. That's true for any Democratic or Republican candidate for president. Presidential candidates need to make sure that people who voted in the last election for their party's candidate don't become disinterested in voting in the current election.

The tough on crime reputation Harris has may demotivate otherwise likely voters for a Democratic candidate.

[–] ericjmorey@beehaw.org 15 points 2 months ago (2 children)

I hope she motivates people to vote for her.

[–] ericjmorey@beehaw.org 8 points 2 months ago

Let's not forget that Bernie was a wealthy, criminal businessman from Manhattan in that movie.

[–] ericjmorey@beehaw.org 1 points 3 months ago

Both create harmful air.

That's exactly my point.

 

“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”

-President Teddy Roosevelt, from “Citizen in a Republic” April 23, 1910

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