Douglas_Knight comments on Open Thread: June 2010 - Less Wrong

5 Post author: Morendil 01 June 2010 06:04PM

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Comment author: Douglas_Knight 03 June 2010 06:09:21PM 1 point [-]

Well, is it really possible that lenders are so stupid ... not be so good after all if applied on a large scale.

These are not such different answers. Working on a large scale tends to require hiring (potentially) stupid people and giving them little flexibility.

Comment author: Vladimir_M 03 June 2010 06:22:34PM *  1 point [-]

Yes, that's certainly true. In fact, what you say is very similar to one of the points I made in my first comment in this thread (see its second paragraph).