-13 karma · joined July 14, 2020
Police and fire are public services because they would not work as market systems. Fires spread from house to house, for example, regardless of who pays or doesn’t, so private fire brigades would have to protect non-payers in order to also protect payers. That’s a classic market failure that can be solved by public services. (Potentially, that problem could have been solved by requiring fire coverage, but then there's the further problem of a row of houses, each with different fire services, some better than others, with the better ones still needing to protect the houses insured by the worse ones to protect their own customers. Not to mention that a single house fire can lead to a whole city burning down. It's just not a service that the market can effectively provide in most places.)
And no, of course people don’t completely waste care in other systems either. That’s because it’s rationed by the government. Elective procedures have long wait lists, access to specialists is specially guarded, etc. Limited resources always have to be rationed by some mechanism.
Our system in the US is far from perfect: we let the doctor’s guild limit the supply of doctors, we are too uncomfortable with ending care for the very old and terminally ill, and the whole hospital and medical device industries could use an antitrust shakeup.
Our medical providers are competing private businesses. There are really good doctors, really bad doctors, and everything in between. Everyone wants to go to the better doctor, but there’s just not enough of them. Price differentiation is important.
There are $0 deductible and $0 copay plans and $0 coinsurance plans. They are also exorbitantly expensive because of the absurd moral hazard they create.
It’s a strange mindset to think that something should just be free. We pay for our cars, our housing, our food. Medicine is not free to provide. The America system is broken in many ways, but not because people have to pay for medical care. The problem is that it’s too expensive because of artificial constraints on the supply of doctors and other medical resources.
I have hit this wall and have sometimes wished I was less intelligent but more diligent. I would be healthier and wealthier for sure.
To any intelligent but lazy young man reading this, don’t delay improving your diligence. Seek counseling and coaching if you can. Don’t let your good grades, impressed teachers and peers, and fancy college acceptances convince you otherwise.
But avoid ADHD drugs. They will wreck your body, make you numb, and sap your enthusiasm for life.
Looking at the article, this specific implementation doesn’t quite go all the way, requiring a special guard {} block instead of working anywhere. A better implementation, working in any context, would be easy but has to be baked into the compiler.
Edit: just saw the proposal for inclusion into the C standard. It is unfortunate that they are considering 1) requiring a guard block and 2) deferring clean up to the end of the function instead of end of the scope. #1 is needless syntax and #2 would make the feature useless within loops by causing explosions and contractions in memory usage.
The value of the dollar derives from the might of the American government and the productivity of its economy. A silver coin is worth its weight in silver even if the government and economy that issued it long stopped existing. The dollar is worthless without the American government and American economy backing it.
And since then, many other cities have followed suit.
Contrary to popular belief, almost no one is actually in jail for small time drug possession, so reducing “mass incarceration” means reducing or eliminating penalties for real crime.
I'd love to read something more about this line of thinking from someone more knowledgeable in the area.
[1] I think, but maybe not! It would be interesting to trace the "capital lineage" (made-up term) of various successful businesses from the late 1800s through today, for example.
If you successfully fill that void, maybe you too can be acquired by IBM/RH in a few years as they repeat the cycle.