54 karma · joined February 8, 2021
This is probably more feasible than you think. A hybrid or split rate combining both land and property taxes is not only possible but apparently exists in practice in some cities, for example Pittsburgh.
https://www.chicagofed.org/-/media/publications/chicago-fed-...
https://www.dailymaverick.co.za/article/2010-08-03-samasourc...
When you sit to dine with a ruler, note well what is before you,
and put a knife to your throat if you are given to gluttony.
Do not crave his delicacies, for that food is deceptive. - The Book of Proverbs
In my experience rich people are very 'outcomes focused'. They almost always expect something in return. I always ask myself why are they giving food to me specifically and not just some random person?
> Use Postgres for caching instead of Redis with UNLOGGED tables and TEXT as a JSON data type.
> Use Postgres as a message queue with SKIP LOCKED instead of Kafka (if you only need a message queue).
I'm sure if we try hard enough we could find some sort of meaning in these points, but then the content is coming from the reader not the author.
Also from the author's mastodon:
> Using ChatGPT As a Co-Founder
It's worth noting that under the Apartheid government energy in SA was completely dependant on the state [1]. Then towards the end of Apartheid, due to sanctions - among other things, the government basically had to default on its debt causing the national currency, the Rand, to go into a bit of a tail-spin. To cover their expenses the old government took out a loan from the IMF just before handing over power [2]. These loans often come with commitments to reduce government expenditure, amounting to basically an austerity programme.
I assume that is one of the main reasons that many of the promises of both the old government and the incoming ANC had to be scraped and replaced with essentially what amounted to series of austerity measures [3]. In 2020 the government once again took on a loan from the IMF, again with austerity conditions attached... and here we are, with a vaguely stable currency but a gradually failing economy.
[1] I assume as basically a subsidy for the mining sector.
[2] https://www.imf.org/external/np/fin/tad/extrans1.aspx?member...
[3] https://en.wikipedia.org/wiki/Social_welfare_programmes_in_S...
https://en.wikipedia.org/wiki/Entomophagy_in_humans#Rejectio...
I think QE usually doesn't lead to inflation if your employment drops at the same time or your population size is shrinking (i.e. Japan). In such a situation consumer demand decreases, balancing out the additional money supply. As evidence of this notice how QE in the US did not lead to high inflation until employment started picking up.
[1] https://www.investopedia.com/the-fed-s-corporate-bond-portfo...
Nitpick, but companies have limited liability, natural persons do not. It's for that reason that I would probably never get hired if I actually was an employee of a "company of one" (formed me for example). Companies would obviously prefer to contract with me directly, not my company.
Say the Alabama workers decided to unionize, I don't think amazon could easily relocate warehouses to a another state/country in the same way that Boeing could do with manufacturing. There just isn't that much cheaper labor available in the country.
> So what is the government reporting?
In addition to CPI, the government also reports CPI-E for elderly consumers. It is generally higher than the more widely used standard CPI (all urban residents).
However, in 1825 Jefferson noted that, much like today, the country was becoming increasingly controlled by what he termed 'monied in corporations' and therefore seemed to be eroding the achievements of the revolution:
[T]his opens with a vast accession of strength from their younger recruits, who having nothing in them of the feelings or principles of ’76 now look to a single and splendid government of an Aristocracy, founded on banking institutions and monied in corporations under the guise and cloak of their favored branches of manufactures commerce and navigation, riding and ruling over the plundered ploughman and beggared yeomanry. this will be to them a next best blessing to the Monarchy of their first aim, and perhaps the surest stepping stone to it.
https://founders.archives.gov/documents/Jefferson/98-01-02-5...
Not too sure how you came to that conclusion. Profit margins for many companies in the UK seem to have actually gone up [1]. You probably assume that companies are subject to perfect competition. That might be true for small businesses but is not really the case for large firms [2]. Some large firms practically are the market and can get away with employing few people for low wages. It's similar to a monopoly that is incentivised to sell few goods at high prices.
[1] https://www.reuters.com/article/us-britain-antitrust-idUSKBN...
https://arstechnica.com/features/2017/04/the-secret-lives-of...
[1] https://www.newsweek.com/what-1836-project-texas-promote-pat...
https://security.stackexchange.com/questions/188040/whats-sa...
https://www.haaretz.com/israel-news/.premium-israeli-militar...
[1] https://en.wikipedia.org/wiki/Culture_war
[2] https://en.wikipedia.org/wiki/Co-determination
[3] https://www.eda.admin.ch/aboutswitzerland/en/home/politik/ue...
https://www.icaew.com/insights/viewpoints-on-the-news/2021/j...