13,235 karma · joined March 9, 2013
It explains it as-is. It’s an economic powerhouse with almost zero drag on its markets (thus skyrocketing wealth) that also semi-effectively mitigates productivity capture by the upper classes.
In places with a strong concept of private ownership of land already, you can get economically identical effects from a high Land Value Tax.
Looked this up and yeah, that’s insane. Their share price per user is above $1,000 while Reddit is $150, X is $80. Crazy stuff!
I haven’t seen anyone say American pharma companies in particular need to make a ton of money.
The American-specific topic is that American consumers pay a ton more for drugs. That can be chalked up to lack of single-payer making American consumers incredibly easy to bully/negotiate against + all the rent-seekers who sit at various points along the care delivery system.
Regression to the mean, and our grocery selection will suffer further.
Factor in the failed programs and you’re looking at about $2B of spend in order to bring a drug to market.
> From an IC’s perspective, I found working at a remote company to be…
What was your control group?
It also doesn’t make you a bad person or stupid to subconsciously miss signage. But you should be okay with a bit of scolding in that case.
Politicians actively broadening access to these sorts of services should be (journalistically) investigated for bribery and/or their own gambling addiction. It is so blatantly anti-social so as to be indefensible.
> The Department of Labor (DOL) is announcing an Advanced Manufacturing Registered Apprenticeship Accelerator Series that will support hundreds of employers to speed the development and launch of Registered Apprenticeship programs in high-demand occupations, such as industrial manufacturing technicians, robotics technicians, and industrial maintenance mechanics. Since the beginning of this Administration, the number of apprentices in advanced manufacturing Registered Apprenticeship programs has increased by 10 percent—and this effort will build on that growth.
The administration has backed numerous apprenticeship programs like BioFabUSA that explicitly do not require college degrees.
The administration created "Investing in America Workforce Hubs" in several cities to attract private investment into programs that, again, prioritize high-quality jobs that do not require college degrees.
So it is simply untrue that no one is saying credentialism is a problem and trying to attack it. The current administration talks about this to no end and has attempted dozens and dozens of substantial attacks on it.
Again, if you have ideas other than grant funding and tax incentives, I'm truly curious to hear them.
Agreed the loan behavior exacerbates the issue rather than mitigates it, but “the current solution is bad” doesn’t necessarily mean the same agent is able to produce a good solution. If you’re certain the government is capable of breaking it: how?
For all the talk about how useless degrees are, companies still choose to require them, especially the companies helmed by “college is a scam” zealots.
> The US has a huge inefficiency issue, tax money is not used effectively, and a good fraction goes into carefully designed money laundering scams. More tax money here is like eating more to avoid stress
Citation needed
Note also that "asshole" has different connotations to different people. And yet... still a very useful descriptor to help isolate bad actors from the rest of society.
How about the ”context” that those investors were investing in his company which had hundreds or thousands of employees who also had stakes in its financial health? And he stole the company’s money from those stakeholders and handed it over to himself personally?
How many degrees in Advanced Moral Gymnastics do you need to figure that one out?
> It's not an anti-theft measure, just a little thing to encourage honest people to walk slightly further than normal.
... because they can't be trusted to do it without the deposit...
I didn't say they are going to, and you didn't say they wouldn't. You said they couldn't (because people "would just ignore it") and I said they absolutely could. Which is true.
Re "Real Americans", get a grip.
In Austria, people are required to deposit money to borrow a grocery cart while shopping for food. Not so anywhere I've been in the US -- ergo Austria is low-trust and US is high-trust? I think not.
https://www.flyertalk.com/forum/travelbuzz/2004272-euro-coin...