France's 2015 taxes of 75% made rich people secede, so we can take that as a supremum on the minimal tax burden that can make people secede. Of course - France's rich didn't have to go live in the woods - they had the option to go to other countries. Also, they did not have the option to not go to any country, because all the land on earth is divided between the countries.
Right, but they're presumably moving to another country where they're still paying taxes and participating in the state. If they had the option, do you think that they would prefer ...
I agree in theory; I just don't think that the hypothetical bears much resemblance to reality. The tax burden of the richest individuals in the US is just a tiny rounding error in the federal budget. Even if you could stop the tax payments of every billionaire in the country, the federal government would barely notice the difference. You'd have to stop the tax payments of millions of people before it would start having a noticeable impact on the government ability to enforce its will.
Also, on a practical level, I think that the downside of losing membershi...
That's fair; maybe I didn't understand the hypothetical. If the person is so rich that they are providing 100% of the funding for the government, my criticism doesn't apply. If you can fund the services that a government would provide on your own, I can see the case for opting out. In practice, I don't think that applies to more than a handful of people. If the argument is that the top 0.01% richest people and a few loners in the woods are being unjustly prevented from opting out of taxation, I'm willing to concede that point. I don't think it changes the ...
If the rich person is giving up the ability to use public resources and have the protection of the community's laws, are they still going to opt out? Sure, they'll have more money, but they'll have to use that money to hire bodyguards, since the other members of the community are now free to rob or kill them. They'd also have to make sure they have some way of enforcing the contract with the bodyguards, since they can't use the community's court system. Presumably the rich person has some source of income that is making them rich; will they be able to main...
I have one correction on the obesity/overweight numbers, unless I misunderstood the claim being made. In most contexts, including the NCHS numbers cited above, the cutoff for overweight is a BMI of 25, not 30. The cutoff for the vaccine is a BMI of 30, so only ~40% of people qualify, not ~70%.
I'm curious if someone more knowledgeable can help me understand how to think about a vaccine that is 80% effective. Is the idea that each person will have a high chance of being essentially immune, and a low chance of having minimal protection? Alternatively, does it offer approximately 80% protection to everyone, the way that masks and social distancing would?
If it's the latter, it seems like risk compensation could largely undo the effects of an 80% effective vaccine. If I see my family once a week without a mask, and I start going back to the gym, I could easily increase my risk by a factor of 4-5x.
Fair enough; thanks for the advice!
Interesting; I will give that a try. Any particular type or brand that you recommend?
How long did it take you to adapt to the CPAP? I have mild sleep apnea and tried to use a CPAP for a bit, but I absolutely could not sleep with the mask on.
Are nasal strips useful for something other than preventing snoring? I already use earplugs, and I'm always on the lookout for more improvements to sleep quality.
At the moment, the poor person and the rich person are both buying things. If the rich person buys more vaccine, that means they will buy less of the other things, so the poor person will be able to have more of them. So the question is about the ratios of how much the two guys care about the vaccine and how much they care about the other thing... and the answer is the rich guy will pay up for the vaccine when his vaccine:other ratio is higher than the other guys.
This is only true if the rich person is already spending as much money as possible, so an incr...
Agreed on all points, except for about how clear the author was being about the use of the word "value". Although he does make the reference to willingness to pay, his rhetorical point largely depends on people interpreting value in the colloquial sense. He writes, in the previous post:
If we’re not careful, next thing you know we’ll have an entire economy full of producing useful things and allocating them where they are valued most and can produce the most value. That would be the worst.
Imagine if you alter the phrasing to this, which is roughly equivalen...
I said it last week, people righteously said that things are not worth to the customer what the customer will pay for them because poor people have less money than rich people, and no, sorry, that’s not how this works, that’s not how any of this works.
It seems easy to construct a scenario where this is untrue, or at least conflicts with an intuitive definition of "value". If I'm trying to auction off a rare food item in a room with Jeff Bezos and a starving person with no money, Bezos can easily win the auction if he has the slightest desire for the food. ...
I said it last week, people righteously said that things are not worth to the customer what the customer will pay for them because poor people have less money than rich people, and no, sorry, that’s not how this works, that’s not how any of this works
I pointed out the error last week, too. I'm disappointed to see it doubled down on.
At the moment, the poor person and the rich person are both buying things. If the rich person buys more vaccine, that means they will buy less of the other things, so the poor person will be able to have more of them. So the question is about the ratios of how much the two guys care about the vaccine and how much they care about the other thing... and the answer is the rich guy will pay up for the vaccine when his vaccine:other ratio is higher than the other guys. This is the efficient allocation.
It might be the case that it is separately desirable to redi...
Agreed. To be fair to Zvi, he did make clear the sense in which he's talking about "value" (those who value them most, as measured by their willingness to pay) [ETA: "their willingness and ability to pay" may have been better], but I fully agree that it's not what most people mean intuitively by value.
I think what people intuitively mean is closer to:
I value X more than you if:
1) I'd pay more for X in my situation than you'd pay for X in my situation.
2) I'd pay more for X in your situation than you'd pay for X in your situation.
(more generally, you co...
I apologize; I made an error in my original comment. I was actually referring to high blood pressure rather than diabetes. 15 out of the 26 people in the control group had high blood pressure, which is greater than the number of people who needed ICU care. Using your (maximally generous) assumptions, we would have zero non-hypertensive patients from either group needing ICU care.
Firstly, two risk factors were more common among the treatment groups: <60 years of age, immunosuppressed & transplanted.
Absolutely true, but the overall risk factor preva...
Regarding the Vitamin D study, it doesn't seem like it was placebo controlled. Given the lack of placebo control, I'm not sure how it could be double blind. There were also a number of risk factors where the treatment and control groups had significant differences, most notably diabetes (present in 2.5x as many patients in the control group). If you combine the differences in the characteristics of the groups with the lack of placebo control and blinding and the "fuzziness" of ICU admission criteria, that could start to explain the effe...
There were also a number of risk factors where the treatment and control groups had significant differences, most notably diabetes (present in 2.5x as many patients in the control group).
Firstly, two risk factors were more common among the treatment groups: <60 years of age, immunosuppressed & transplanted. Secondly, 3 treatment group patients (6%) were diabetic and 5 control (19.23%) were. Let us take the most generous assumptions for your position, and say that the 3 patients with diabetes in the treatment group did not require ICU and that the...
Unless you're really desperate, it just seems like a bad idea to sign any kind of non-standard contract for $10. There's always a chance that you're misunderstanding the terms, or that the contract gets challenged at some point, or even that your signature on the contract is used as blackmail. Maybe you're trying to run for office or get a job at some point in the future, and the fact that you've sold your soul is used against you. The actual contract that Jacob references is long enough that even taking the time to read and understand it is worth signific... (read more)