Comment author: Xerographica 21 July 2015 02:03:13PM -2 points [-]
Comment author: Elo 27 June 2015 11:06:43PM *  0 points [-]

If that's a related quote you should say so; if that's a meta comment about my comment you should also say so.

Downvoted this: I could give you an equally pretty sounding quote about walking blindly forward or repeating teachers passwords but I am too lazy to find a link. This is the Internet; don't be cryptic, be obvious, be helpful and be clear.

How about this description:

The author Russ Roberts is a research fellow at Stanford University's Hoover Institution well known for communicating economics to non-economists. He applied in-group biases to the real world perspectives of two parties on the budget stimulus package in america. He comments on how both sides can be perceiving that the same thing both worked and didn't work.

And the most important part of sharing a link:

I am sharing this because... I think he is right and everyone should read what he has to say//I think he is wrong and here is why...

Comment author: Xerographica 28 June 2015 06:33:45AM -1 points [-]
Comment author: Elo 25 June 2015 12:43:22AM 0 points [-]

yep. someone else downvoted this. I agree in downvoting because of the lack of description or information given with the random link.

Comment author: Xerographica 27 June 2015 03:33:11PM -1 points [-]

"Nobody made a greater mistake than he who did nothing because he could do only a little." - Edmund Burke

Comment author: Xerographica 23 June 2015 12:17:41AM -1 points [-]
Comment author: turchin 02 June 2015 09:01:08PM 0 points [-]

How we could do it without space colonization?

Comment author: Xerographica 02 June 2015 09:46:41PM -2 points [-]

The lesson of the potato famine was that crops should be more, rather than less, diverse. The potatoes that were in cultivation didn't have enough genetic variation which is why the the disease had such a huge impact. But if it's true of crops... then it's also true of people. People should be more genetically diverse. This way a new pathogen can't kill all of us. Although I have no idea how you'd practically ensure greater human diversity!!?? History might refer to you as the opposite of Hitler.

Regarding the danger of AI... if greater diversity is better for crops and humans... then it's also better for robots as well. We'll give more resources to the most beneficial robots. Evil robots won't have a leg to stand on.

And war can be eliminated by tax choice.

Comment author: Xerographica 02 June 2015 04:11:13AM -2 points [-]

Hedge hedge hedge! The most successful plant family on Earth is the Orchidaceae. There are around 30,000 different species! Each orchid seed pod can contain a million dust like seeds that are dispersed by the wind. A million seeds is a huge hedge.

The opposite of hedging is to put all your eggs in one basket. Right now humans have all their eggs in one basket... aka "Earth". We also allow a small group of government planners to allocate all our taxes. Coincidence? Nope.

Centralization is always a function of conceit. People think they have enough facts to block/limit hetergeneous activity. The more you appreciate fallibilism the more you appreciate decentralization.

The answer is always tax choice.

Comment author: Xerographica 10 May 2015 11:57:00PM 10 points [-]

I created the world's first micropayments forum... RudeBagel. Some additional info.

Comment author: NancyLebovitz 03 May 2015 10:21:43PM 1 point [-]
Comment author: Xerographica 05 May 2015 12:21:36AM 0 points [-]

Thanks for sharing! Blendle is pretty neat because you can get a refund if you're unsatisfied. But I'm pretty sure that the "One-Price-Fits-All" (OPFA) model isn't as good as the "Pay-What-You-Want" (PWYW) model.

Comment author: casebash 03 May 2015 10:31:37PM 1 point [-]

"The solution" - People have been trying to get micropayments working for decades and it still doesn't seem to have had any major successes. Regardless, all micropayments would do is further incentivise the kinds of articles that are already been voted to the top and make the issues discussed here worse.

Comment author: Xerographica 03 May 2015 10:56:20PM -3 points [-]

People have been trying to get micropayments working for decades and it still doesn't seem to have had any major successes.

My approach is ridiculously simple. In the forum thread that I linked to... nobody has disputed my approach yet.

Regardless, all micropayments would do is further incentivise the kinds of articles that are already been voted to the top and make the issues discussed here worse.

So popularity equals demand? That sure would make economics a whole lot easier. Nobody would have to spend any money. We'd all just vote for all the products that we want. Voila! The efficient allocation of society's limited resources!

According to your theory, the most voted for threads on this forum would receive the most money. Care to bet on that? If so, how much?

Comment author: ChristianKl 03 May 2015 08:57:12PM 1 point [-]

So facilitating micropayments will allow the crowd to help lift the scarcest/rarest and most valuable content to the top of the list.

50 Shades of Gray is the best novel because the most people payed for it?

"The Secret" is on of the most important personal development books because a lot of people brought it?

Comment author: Xerographica 03 May 2015 09:24:01PM -1 points [-]

Heh. I started reading my gf's 50 Shades of Gray on her kindle... but I couldn't finish it because it was so bad. She liked it though. shrug

Here are two subreddits...

  1. Economy
  2. Invisible hand

The same economics article isn't going to be equally valuable in both subs. In the first sub, Ha-Joon Chang's articles are going to be a lot more valuable than Peter Boettke's articles. And the opposite would be true in the second sub.

See how that would work? There's riches in niches.

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