647 karma · joined November 30, 2020
"X person is by all measures more educated than me on this topic, but I did own research! (on Youtube and Facebook)"
Overall a pretty cool, compilers-esque coding challenge! Way better than the Leetcode stuff - gives me a pretty positive impression of the company. Hope I can apply again soon.
Show me a smart contract that can issue an undercollateralized loan. Turns out that takes manpower, time, and energy to underwrite this stuff.
Yes people will build more medium density housing instead of having zucchini gardens in one of the most expensive regions of the world. Higher density would be good for renters in the local area.
This, taken to it's "extreme": https://en.wikipedia.org/wiki/Land_value_tax
Pretty well studied, and has a lot of support across ideological viewpoints.
A mediocre salary of $40,000 is enough to buy so many goods from competitive markets (phones, cars, anything you can get off Amazon/AliExpress). This becomes very apparent when you go to lesser developed countries.
The major costs in people's lives do not come from the billionaire class. If you tax them into oblivion and give that money away, it will be soaked up by housing anyway (look how sharply housing costs have risen after the growth in real income the past 2 years).
Because one half of the Special Relationship had their head of state die? If the Canadian PM were assassinated, would you be up in arms over a half-mast due to the War of 1812?
Even in probably a top 5 city for cycling in America (SF), I weigh how poor the drivers will be along the route when choosing to drive or cycle.
In a city like San Diego, where drunk driving is a local pastime, I would never cycle.
If we let people build a couple Amsterdams or Londons in America, we could just self select and those that want to cycle and walk can do so, and those who want to drive can do so - just in separate places.
Still, these people want USD, not really a crypto. I figure some lost their shirts in UST.
"although cognitive ability was related to more affective prejudice toward relatively conservative groups and less affective prejudice toward relatively liberal groups"
You can also use this study to write "Cognitive ability linked to hatred of conservatives."
lmao
brace for impact
you need to brace before squatting
If you live in any society where land values are private profit, expect nothing less.
We're seeing this in America too, but hopefully with any luck, we still have enough entrepreneurial inertia that salaries (mine especially) remain high enough for a little while longer to make this palatable.
How can someone who has read Why Nations Fail miss the point? We don't build for the same reasons that we didn't from the year -2000 to the Enlightenment. Because it's now better and easier in so many cases to just rent seek. Why bother constructing housing when you can just have other people's labour increase your land values? Why should I increase the supply of residency spots when constraining that supply increases my salary by $100k? Why bother with bold bets when you have net work effect monopolies? It's not talkers standing in the way of builders, it's leeches.