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_lazlo

-13 karma · joined October 17, 2020

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_lazlo··on Trusting science leaves people vulnerable to believing pseudoscience
Right. The whole purpose of science is for others to repeat the experiment and verify it’s result. Never trust a scientist! “Scientists” these days are really more modern day priests.
_lazlo··on Retailers are spending millions to combat organized theft from stores
You’re making a mistake in thinking something has to happen. It may not, and things may just continue to go downhill.
_lazlo··on Retailers are spending millions to combat organized theft from stores
You should change, “I’d just like to see some actual data…” to “I’d just like to see someones hand chopped off for stealing.”
_lazlo··on The moral hazard of limited liability
A better solution would be to end FDIC insurance. A much more significant moral hazard problem.
_lazlo··on US States Banning Gaming PCs? Here's What's Going On
Maybe, I’m not am expert on this computer topic. I just wanted to highlight the libertarian opinion on regulations.

The main goal of libertarians is to get prices to work. The alternative that i fear we are heading towards is price controls then mandated requirements for output. E.g produce 100 loafs of bread today that will sell for $1.00 or off to jail you go.

_lazlo··on US States Banning Gaming PCs? Here's What's Going On
Libertarians acknowledge the need for regulations. The importance is that they are stable and apply to everyone equally. Labels for food that list ingredients is great because it has been fair and stable as an example.
_lazlo··on “Who the heck writes 2 into my stack?”
This is a great story. Must have been very satisfying to fix!
_lazlo··on Health declining in Gen X and Gen Y, national study shows
In an inflationary economy the quality of goods decline because consumer are more sensitive to price increases than a lower quality product. The food we eat is less nutritional than before. Health will continue to decline.
_lazlo··on Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
A good start would be to end the need for medical licensing. It creates an artificially low supply of doctors thus increased costs. Before medical licensing there were more breakthroughs and competition.
_lazlo··on Robinhood was indeed too good to be true
I was looking to see if anyone caught this. It seems that Robinhood would be better for someone not investing a lot of money. If I execute a trade for $1,000,000 a small difference in stock price makes a difference and its better to pay a straight $5.00 commission with the lowest price possible. However, if I buy a single share for $50, that $5 commission is now substantial. This seems like a very clever way to compete and offer a better service to poorer people.

Unless I'm missing something the boomer either didn't catch that, or chose not to acknowledge it. As a millennial I'll assume his best intentions and that this isn't an attack on a successful company business model that he's receiving a kickback for to de-legitimizing Robinhood.

_lazlo··on Charles Lindbergh is the reason the U.S. doesn't have cameras in the courtroom
Kleptocracy could be preferable to Ochlocracy.