It’s just like taxes.
606 karma · joined May 1, 2014
It’s just like taxes.
Especially as the N of datasets grows.
I guess busses run on fairy dust too?
Free public transit? KILL IT WITH FIRE!!! It will never work (those places it did are aberrations)
Go look up: 1. Jevons paradox (induced demand): More road capacity → more traffic. 2. Marchetti’s constant (30-minute city): Average commute time is stable; faster modes → sprawl. 3. Downs–Thomson paradox (transit sets highway speed): Car speeds improve only if transit gets better. 4. Braess’s paradox (network effect): Adding a new road can worsen traffic for everyone.
Free roads and highways: GOOD AND NATUAL
The political class are not typically utilizers of public transit: hence even the best attempts are structurally challenged from the outset.
If that isn’t factored into your analysis, you are missing a huge reason why it sometimes fails and sometimes succeeds.
Now it is lauded as one of the highest ROI investments the US govt ever made.
If you really want to do the math: if we value all urban land equivalently, what is the subsidy provided by free parking? In NYC, it’s astronomical.
Free transit is trivial to fund if you actually care about humans being productive.
Not everyone does: harder to capture rents that way.
Science is that which, despite your opinions, exists.
Pathogens everywhere are cheering.
We are rapidly replaying the worst of the Resource Curse.
Turns out the darkest timeline is also the dumbest.
https://www.nme.com/news/back-to-the-future-writer-reveals-b...
At the bottom of the article.
Because then you won’t go to jail.
See Santos.
Literally the CIO of a $20b/year ARR company said to me: “I was gonna send my kids to school in the US. Now? Never in a million years. Even I won’t set foot there.“
You can’t win in the global economy AND nativist white supremacist politics at the same time.
Yes: they reinvested rather than pocketed revenue.
Anyway, if did the research, you’d see the effective tax rate for the top income earners in US was 40% back then. Substantially higher than it is today.
And that substantially larger portions of revenue were reinvested rather than recognized as profit: high taxes, oddly enough, incentivize investment.
Do the math yourself: $1m in profit, 30% tax rate vs 1% tax rate: which rate incentivizes you to reinvest?
It’s really worth reading the South Korean perspective on the whole fiasco:
https://english.hani.co.kr/arti/english_edition/english_edit...
Billionaires are a policy choice that starves children and stunts economic growth.
Any vote that is not proactively for the major party that is the closest to your political beliefs is effectively a vote for the major party least aligned.
Tories think government is the problem, thus when they govern, they break the government, which in turn results in situations like this, which the tories can use to argue that government is the problem.
Maybe check your epistemology: perhaps other folks know more and better?
The people in power WANT the social safety net to fail. That is why it fails!
Criminal complaints are at historic lows.
Murder, which is kinda hard to “juke the stats”, is at historic lows.
Where is your evidence?
Seems counter to the incentive structures of police departments.
https://www.motherjones.com/kevin-drum/2018/02/an-updated-le...
Remember even Hayek advocated for universal, government funded healthcare! Ayn Rand was on social security!
If your core argument about why you should govern is that government is the problem, is it any surprise that you sabotage any attempt at good governance?
Effective government is an existential risk for the GOP.
Fixed prices are a bet on TACO and hoping to avoid the orange rage: see what happens when you blame price increases on tariffs.
Lots and lots of bribes have been paid. This is yet another.