@Pure_Baltic@TyKeynes MMT: spend until inflation threatens, then tax it back.
Try getting an MMTer to identify the real resource constraint before you hit it and watch the economics become philosophy.
It’s Hayek’s knowledge problem, any school that sets policy by a line it can’t observe has it
@Reuth_@comicbooksmart@WhickTv@TheOmniLiberal@thesoypill You don’t think it would be cruel to laugh and mock someone saying “I’m happy that you will pay for this for the rest of your life” and call her a missable person, at someone in genuine court case over leaking nudes without consent?
I think that’s very unprincipled.
@Reuth_@comicbooksmart@WhickTv@TheOmniLiberal@thesoypill For someone who is a court case for what she feels is a legitimate reason? Or did you carve out a special line for your favourite streamer?
What if she actually had a legitimate case? Is it cruel then?
@Reuth_@comicbooksmart@WhickTv@TheOmniLiberal@thesoypill Because both are cruelly mocking people and both creators engaged with people who do it, if you want to play draw the line game you can’t draw the line in favour of you “sides” streamer, that’s not how morality works and you can’t finger wag at people.
@djan_waves@ScruffyCon@TyKeynes No it doesn’t which is my whole point. Your judgement of fairness is arbitrary that’s the is-ought gap.
Nursing schools do that for regulatory requirements not free markets. Everything form classes size etc. and that thousands number is people applying multiple times.
@djan_waves@ScruffyCon@TyKeynes No I haven’t you are the only me jumping and I’m responding to you. Supply and demand is what is needed. Not your definition of what is needed, which you can’t know and calculate what is needed in an abstract society because of the is ought gap.
@djan_waves@ScruffyCon@TyKeynes Pay doesn’t go of what keeps people alive, cause shit the person who transports and stock shelve keeps people alive as well. Money doesn’t go to what’s moral, it goes to what’s needed. And nor can we make it go to what’s moral because of the is ought gap.
@djan_waves@ScruffyCon@TyKeynes I didn’t claim risk I claimed volitlity of pay. The isn’t a good avarage of pay for a hedge fund manager. You are conflating two different things in an economy. Why would you ever treat them as the same, especially when you don’t seem to know what hedge fund manager do.
@djan_waves@ScruffyCon@TyKeynes Because hedge funds do different things that’s my answer. Buffet should know that difference. The difference is pretty much in the name.
@djan_waves@ScruffyCon@TyKeynes An outlier won? Wow wouldn’t it be interesting if a group of people studied outliers and help businesses succeed just like Buffet? It might also reduce the volatility of the economy.
@djan_waves@ScruffyCon@TyKeynes No, it’s challenging the supply and demand question of the argument, the hedge fund manager gets paid more, because find me all the nurses who can do high-level statistical analysis of risk and successful use it. More people are capable and willing to be nurses.
@TyKeynes If you don’t like it pick any other country and go and recommend policies for them. I’m baffled by people who feel obligated to change capitalism when they could pick other countries which fit their model. Like you can have worker coops in the US does it suddenly become moral now
@Friended4Ever I can’t stand how most debates turn into meta debating these days, especially when someone gets asked a difficult question, and they use it as a get-out in regard to having to answer it. I think we need to normalise making it ok to say I don’t know.
@Friended4Ever@GaryODrechsel@jackmallers Austrians do have a good understanding, the thing that confuses the argument is people conflating prescriptions, Austrians want constrained money but if you asked them about endogenous money most understand.
@Friended4Ever@TheCurtismMKII The guy brought up the disparity of race, do you think they would make the same decision if they were all white or if they where all equally the same race? Seems so silly, murder is an outlier case it’s not generalisable by race. He treats the proxy variable as real.
@PxSxDxUxPx@Eli_B_Again It is, that’s the justification by the policy makers why would you have a system to nudge people into a private system whilst still charging them for Medicare?
@PxSxDxUxPx@Eli_B_Again You said you wouldn’t respond to me unless I answered your question. So I did even though I already took it as assumed knowledge. My point is it’s moving back to individualist systems of healthcare, because it can’t cover every medical need.
@PxSxDxUxPx@Eli_B_Again Yes lol, and do you know the ACA and Medicaid does that as well if the states want it to? As well as the kids are covered by CHIP. They get the same standard of care the costs increase based on the tier they want, which is the same thing our private system is doing.
@PxSxDxUxPx@Eli_B_Again But this is getting off the point of the whole conversation, where is your family in this socialised scheme, where do the values exists?
@PxSxDxUxPx@Eli_B_Again And you ignored my response, have a guess what average age people are having kids and when the private healthcare mandate kicks in? And why does people complain and want the private system instead?
Cool the ACA can do the same the states can do that.