@HumanProgress Average is the mean. One person can get massively rich while the rest get a bit poorer, and yet the average would rise.
I share your premises. But being more precise with data matters. To discuss the ordinary person, median values are much better than averages.
@elonmusk The US is not a "democracy." It is a constitutional republic in which two of the three major branches of government have democratically elected representatives in them. Democracy is rule of the mob. A national of liberties must be a constitutional republic.
@elonmusk@realDonaldTrump Please be objective. I support your goals, but likely you will mostly be cutting funding to the improvident, but decent, people who just worked being subsidized into their lifestyle.
@elonmusk An economics error from Elon! I am disappointed. Government spending as such doesn't increase the money supply. It's the central bank (the Fed in the US) that increases the money supply.
Government spending uses other people's money: taken via taxes or borrowed with bonds.
@elonmusk Elon: you should understand statistics by now.
Unvaccinated get higher death rates. Not all die. And eventually, there is lot of herd immunity.
@playairlines is an airline all should avoid. They prevented my partner from travelling on connecting flights from Stewart Airport, Newburgh NY, USA, to Stansted Airport, London, UK, despite her having a valid ticket, a valid boarding pass, and a valid passport for UK entry.
Capitalism remains "the unknown ideal," as Ayn Rand put it. People don't understand what capitalism really is or how much we would benefit from a truly capitalist economy. I explained more about this on Quora: https://t.co/Y7BBS0l0tD
Americans are in denial as China's economy becomes the biggest in the world. Americans will have to adapt to more multipolar world. But a powerful, authoritarian nationalist China is a cause for serious concern, nonetheless. Read more on Quora: https://t.co/sBUQRHF0op
Why are poor country currencies often weak? Could a revolution solve the problem. Probably not, I explain in this Quora answer. https://t.co/RUd2Au71SL
I spent time researching what a lazy question asker on Quora did not, so if you've wondered how the Pakistani economy compares to that of Bangladesh, read on and learn.
https://t.co/eAk3BT3CGt
There are two simple reasons why birth rates are falling around the world. 1. Birth control. 2. Lots of jobs women can do well. Read the details in my Quora post here: https://t.co/fTSxyM9meE