Achilles

It's a good book as well :)

Regardless, people are watching this and "FOMO" is influencing a gravitational pull on their thinking. Whether the "pump" is intentional or not, it's difficult to argue that it isn't happening. A fool and their money are soon parted.

I think the tired joke is, “it works in practice, but does it work in theory?”

Not even close to true. The argument might be less ridiculous if you said they took it to the casino or blew it all on scratchers. GME is a pump and dump for idiots with Robin Hood accounts. But either way you’re arguing that people need regulation to stop them from doing stupid things with their money

Assuming for a moment that I accept the premise of your argument, you do realize that the necessary implication is that individuals can’t be trusted to make their own investment decisions, right? ”Wasn’t my fault I followed the wall street bets bros off a cliff”

LOL Did you just argue that policy makers are responsible for the GME financial meme du jour?! Next you’ll tell me that up is down and black is white

Probably well established upon those who have completed Econ 101/102 "About 19 hours" is relative I guess. Sorry to hear you're having a bad day This is true. Just like The Communist Manifesto, there are nuggets within that sound like they should be obvious to all. The problem is that things that sound great on paper don't always work when actual people are involved. You options are 1) wait for the rest of humanity to change into what you expect them to be or 2) try to find what actually works, understanding the people will probably always be flawed.

How did we get here?

Well that depends on how elastic demand is, which may be impacted by the relative availability of alternative goods or services, not to mention buyer preferences and...oh heck, this economics thing sure is complicated. Thank goodness economists go to school for years and years so that *somebody* actually understands this stuff. Hypothesis 1: The Austrian school is vastly superior in every way, but there's a conspiracy that spans generations, national boundaries, and political parties to repress it because...reasons, I guess. Hypothesis 2: The Austrian school sounds great on paper, but doesn't actually work in the real world, hence why actual economists don't pay it much mind.

Good news is that you have no cause to fear inconsistency from me; I'm mostly in favor of both LOL, good one!

I suppose if the Lincoln Project hadn't called it weeks ago, I'd probably find this surprising. Now let's see if they nailed the part of him selling it as a subscription service.

Guess I'll have to wait to see one of those arguments being made so that I can wrap my head around it. Trying to picture someone arguing that a defendant shouldn't have to pay punitive damages because it might result in a lawyer getting money, but it's hard to imagine.

The part where we start hearing about the need for tort reform again?

The number I heard was $1.3B. I believe there's a similar suit on the way for the future governor of Minnesota and current CEO of MyPillow

Loaded question aside, it depends on what the good or service is and why the price control is being proposed. Did you have something specific in mind?

The PMP certification process involves submitting documentation to show that the applicant has at least 2,500 hours of experience flexing da pimp hand on qualified hoes. It's not about helping people. It's about acknowledging the primacy of the just-world hypothesis.

Most of my veggies I buy frozen and the price has been unchanged. I do pick up fresh produce once a week for taco tuesday, but don't really pay much attention to what I spend.

Hmm. Prices feel pretty flat to me. I know meat went up a little.

Quoting Gromnir's post above: Sounds like you have to pass some version of the course in order to join the regiment. I didn't follow the military career of my brother in law that closely, but I seem to recall that completing a school seemed to be the thing that unlocked the achievement for most of those things. I believe this is correct also. Again using my BIL as an example, at one point he was attached to a Green Beret unit, but I don't think he was ever referred to as a Green Beret.

Well, if he's not part of Team Stupid, then he must be...

Key word is "incentive". The incentive structure for a pious priest who swears a vow of poverty is different than an unapologetic capitalist who stopped reading anything new after encountering The Gospel of Wealth for the first time. The issue at hand is identifying better and worse incentive structures. I live in a "2nd amendment state" so I love making the joke that the only thing that can stop a bad guy with a college degree is a good guy with a college degree

After 13 years, I was finally ready for a re-watch of Synecdoche, New York. Not nearly as accessible as Eternal Sunshine of the Spotless Mind or Adaptation, but probably still worth watching. I didn't feel nearly as lost this time.

At the risk of making a "no true Scotsman" argument, misinformation != education. But to your point it would probably be a good idea for me to find a better word.

QAnon elected to Congress is the product of a country that doesn't value education, not a signal that no education is needed. The most dangerous thing in the world right now is confusion. The only thing that will counter it is education.