86 karma · joined January 7, 2016
I am not familiar with the history of some of the other planned tracts there but this map seems to suggest that area is mostly composed of master planned communities. https://sfrichmondreview.com/2023/01/10/local-author-and-his...
> As the world became more stable over time, the default risk also lessened over time
I think these are both saying the same thing from two sides - the default risk going down doesn't really mean anything in isolation. The implied context is the default risk goes down for the same rate of return (or the rate of return goes up for the same default risk).
Thus, under these assumptions, the current tiered rates should accurately reflect the marginal price that the wasteful users are willing to pay, and any rise in price would result in a decrease in consumption.
Tradeable quotas can be an effective way to protect a common resource.
I'm not totally sold on on the idea, but it is very possible to create a tiered pricing system that makes domestic water waste unsustainably expensive. The price required to deter consumption may be absurdly high, but demand elasticity will always exist at high enough prices.
The volatility smile pattern describes the 'overvalued' nature of these options, and the SKEW index tracks their pricing.
https://www.nytimes.com/2019/05/06/health/conference-room-ai...
The mechanism is the selection criteria. Presumably, college ranking and demonstrated aptitude are both metrics used for hiring. Thus, if the variables are evaluated additively, and the examined firm occupies a single tier of the ranking+aptitude space, the hired employees will have a ranking/aptitude that falls along a negatively sloping line, similar to a budget constraint.
https://www.mountainproject.com/photo/105869551/porcupine-ba...
The experiment was run with two groups, both of which were given equal costs on addition – "Each piece that you add costs ten cents". There was also a group given a 'subtraction-cue' where the instructions mentioned that "removing pieces is free and costs nothing". Increase from 41% to 61% use of subtractive method.
There was a cost to addition, so the optimal solution for both groups was removal of the pillar.
The historical precedent to this concern is the Nazification of Germany. After Hitler was appointed chancellor, the Enabling Act[1] was passed as an amendment to the constitution. This gave Hitler the power to pass unconstitutional laws without parliamentary or presidential approval.
I think the possibility of iterative erosion of Article V such that the the entrenched clause that protects the composition of the Senate from change without unanimity can be removed is very comparable. This is concerning in an age where a once-majority party has been largely supportive of a figure who's displayed dictatorial tendencies.
[1] https://en.wikipedia.org/wiki/Keep_America_Beautiful
The joke from Zizek: https://www.youtube.com/watch?v=wmJVsaxoQSw
Your story is a good example for one of the goals of parks, but you seem to have missed the point. If you've never been to the Yosemite after living in CA for a few years, then you likely wouldn't expend a lot of effort to see wild places in nature. Thus, Yosemite is a perfect place for you to see and appreciate since it is spectacular and relatively accessible.
With your newfound appreciation, you now can advocate for the preservation and protection of wild places – though preferably not in the sense that you want to prevent others from having your experience, and rather in the sense that you should want to advocate for the protection of undeveloped wilderness.