61 karma · joined January 25, 2019
My hope is that MRR is sufficient, but not necessary for acceptance!
The answer to the first is a certain yes. There are laws against businesses forming monopolies in the United States. You can read up on the Sherman and Clayton antitrust acts from the 1890s and 1910s to start with. There is also considerable case law stemming from this legislation.
The answer to "should there be laws against monopolies" is a little more open. One theoretical justification for breaking up monopolies, is that in some cases monopolies cause economic inefficiencies. Look up "deadweight loss from monopoly pricing".
It's very complicated to measure any efficiencies or inefficiencies from tech monopolies, so I don't think there's a clear answer.
It's also not generally agreed upon that economic efficiency should be the goal of government, so there is a lot of room for debate on that question.
One specific question I have is: do his individual works stand alone or do you have to understand his life and/or complete body of work and the context in which it was created to appreciate it?
If you saw one or two of his paintings without ever having heard of Jasper Johns would you recognize them as masterpieces?
If other accelerators compete with YC, entrepreneurs may choose to do business with an accelerator that selects smaller classes.
Economists have found evidence that as ownership concentration increases, firms act more like a monopoly.
See this paper for one example in the airline industry: https://onlinelibrary.wiley.com/doi/full/10.1111/jofi.12698
If someone is squatting on a high-value domain, they will have to pay high fees or sell the domain to someone who can make better use of it.
This prevents someone else from squatting on google-search.com and allows it to go to the highest value use -- protecting Google's brand.
Since Google has a much larger bankroll than me, they can purchase the domain for $100,000, and revalue the domain at $500,000 -- out of my price range.
Under this scheme, every owner of a domain would declare a value for the domains they own, and pay a percentage of that value as a tax (replacing the current annual registration fees).
Owners are incentivized to post an accurate value for their domain because they must sell their domain for the price they list if anyone offers to buy at that price.
While it makes sense in theory, I think there are some practical problems that would have to be addressed before such a system could be put into use. For example, what stops a company with a large bankroll from squashing competitors by purchasing their domain?
[1] - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2818494
From the article are they just switching the order of the two lotteries? They aren't actually raising the number of visas offered, right?
This just has the effect of allocating more of the 85,000 visas granted to those with a Master's degree or PhD, right?
I'm sure the universities that heavily recruit international students to their graduate programs will love this.
I'm left wishing that the writeup included some more applications of queuing theory. Are there any unexpected or counterintuitive results that all the terminology makes it easier to understand or express? Otherwise, I'm not too motivated to learn all these Greek letters :)
For example I use an extension called Library Extension[1] that will load matching results from my library when I"m looking at a book from Amazon.
Library Extension requests permission to read and change data on all sites that I visit. Their FAQ explains that they request data on all sites because it would be too difficult for them to add more sites in the future [2].
I'd be a lot happier if I could tell Chrome to only run this extension's scripts on Amazon domains.
[1] https://www.libraryextension.com [2] https://www.libraryextension.com/frequently-asked-questions
If anyone else is interested in reducing mouse usage and has some familiarity with vim keybindings, I'd recommend the Vimium extension[1]. It's natural to use, and replaces most mouse use cases.
[1] https://chrome.google.com/webstore/detail/vimium/dbepggeogba...