26 karma · joined March 5, 2017
In a difference equation x(t+1) = f(x(t),u(t)), u causes changes to x and not the other way around
- There are no differences between different races and sexes.
- It is good for business to recruit more minorities because they bring different perspectives (they think differently).
Three of the four links that "make the business case for diversity" are based on the same McKinsey study that explicitly states that "correlation does not imply causation". Could it simply be that only profitable companies can afford to worry about the skin color make-up of its workforce?
The author also admits that she joined an all-male team with a great culture, but that doesn't seem to have made her pause in her quest to impose her own aesthetical preferences as manager.
Reading tip: Antifragile by Nassim Nicholas Taleb
Public spending to GDP ratio [1]:
Sweden 51
US 42
Canada 42
Switzerland 34
When the Swedish welfare state has collapsed (I'm Swedish, and it's not looking good) you are welcome back to the small government camp :).No 1 is a good argument against libertarianism. A counter-argument is that more libertarian-style decentralized decision-making would mitigate negative externalities and the "common good tragedy". Research suggests [3] that negative externalities can be managed in smaller communities; smaller government also makes it harder for parasitic organisations to suck out money. Pollution can also be taken care of in the court system rather than regulation.
Before advancing an "how would X work?" argument, you should consider whether X really works better in other systems. Last time I checked, there was a ton of flooded houses in Houston, plenty of people smoke, and there is quite a bit of organized crime (a popular one in Sweden is "assistance compensation" paid out by the government to people who take care of sick relatives at home. Who would ever think about abusing it?? Surely not the mafia and IS). No-one is claiming that liberty will produce a perfect world, but that it's the morally right thing. As a bonus it would also likely produce better outcomes (on average) than what we have today.
[1]: https://en.wikipedia.org/wiki/Government_spending#As_a_perce...
[2]: https://www.theguardian.com/world/2017/jul/18/switzerland-pu...
Many producers: maybe not, but most countries have at least 3 [1]. Not worse than e.g. major grocery store chains or gas stations. Many consumers: definitely Product uniformity: significant--I don't care how my 1 mb of data or 1 min of talk is routed
The key anti-free market characteristic is arguably the limited amount of frequency spectrum, which is allocated via centralized auctions. Yet I don't recall hearing similar complaints about the radio or TV industries in Europe.
A lot of the arguments in this thread are that the market is inefficient and therefore must be regulated, but is this the right path if the inefficiencies are due to regulation in the first place?
[1]: https://en.wikipedia.org/wiki/List_of_mobile_network_operato...
Whether the market is currently competitive or not, this move will result in less competition as there is more price fixing and less room for operators to differentiate their offerings.