556 karma · joined October 2, 2014
A related thing to think about is what it would take so we don't lose the ability to view old documents or run old programs. Presumable header info in documents, saving versions of programs and having emulators for old machines would by part of the solution. I'm not sure if it would be worth the effort to enact, but it is probably worth thinking about.
That should be linear in the total number of elements in the list.
Previously job programs were giant public works projects, like building the Hoover dam. Today, with computers it would be easy to give any person a job, right out of their own house.
I do like allowing self motivated people to create their own jobs, and that should be factored into this kind of program.
I don't buy that it is as simple as the writeup implies. (I didn't read actual research it is based on however.)
Is energy balance true? Yes. But as the paper implies, we don't have direct control of that. I suspect it is _what_ you eat.
Does insulin response matter? Yes, I assume so. But that is not the only factor.
If you are not getting proper nutrition, your body will ask for more food. Naturally we know what we need. We get a taste for broccoli if we need nutrients in broccoli. But if people have somehow short circuited their food sense and don't realize they need broccoli and instead they eat more hamburgers or fruit loops or whole grain bread, they won't get the nutrition they need, and they will probably still want more food.
So insulin response, nutrition, and I am sure there are other things too.
I am not sure I understand the negative sum game you mention. The first payment miners get is (I don't know the proper name) a bounty, which is equivalent to a gold miner obtaining gold. This can be seen as a built-in inflation, which not only gold but also any fiat currency has. The difference is there is no known limit on this inflation factor for gold or fiat currencies. For gold we assume some gargantuan deposit will not be found and that it will maintain its scarcity. I don't think anyone thinks there is an inflation limit for the US dollar or any other fiat currency. Bitcoin has a known amount limit. (As a disclosure, I own gold, bitcoin, and US dollars.)
The other part of what miners make is a transaction payment. That exists in every other payment system I assume, except I guess physically handing an object to another person, which covers a pretty small fraction of transactions.
Regarding mesh networking, you don't have to have encryption to do that. It could still be very interesting, you just have to know that people can inspect your transmissions. If they didn't allow this restriction, I imagine the system would just be overrun.
I think it would be very popular even with just a clear text internet over ham radio. You would probably even need additional restrictions to keep it from being overrun - like maybe only dedicated "ham radio internet" web sites would be allowed, as opposed to being just access to the (standard) internet.
What frustrates me about economics (with my one intro class level experience) is that they could only talk about equilibrium. The dynamics of things changing like this is what would be really interesting.
In the past 10+ years we have had low wage inflation but high asset inflation. I think this has been helping the rich.
I was admittedly heavily biased by where I lived before, because I am used to that area, which seems to be true of my friends, independent of where they actually work.
Maybe this is just the Bay area. For me at the time Palo Alto and Menlo Park were too expensive, so I was looking in Mountain View, Sunnyvale or Redwood City. Fortunately for me Mountain View has gotten a bit nicer in that time.
The speed matters because as the speed is faster, a smaller angle change in the handlebars corresponds to a bigger sideways tilt motion of the bike.
I'm not saying to jump in - the crash my come tomorrow. Or I'm not saying don't jump in - the asset prices may melt up with inflation and people who were out are left poorer. There are risks either way.
This doesn't apply to the high paying jobs I think. There you just have to decide what you really want and be happy with what you can get. As many other comments say, money doesn't equal happiness.
If you have some sense of your limitations, you no longer can really feel guilty about being lazy for this. It may be worse though, because then you can feel bad about your capability. Hopefully that is something you can just accept.