Economics - science, theories, programs, and policies

(is musk schadenfreude now economic or damn trump categorically?)

follow link to behold a tesla running over a child-sized test dummy

The story among the nerdy sources is that musk hated having a spinning video camera on top of his ‘self driving’ efforts (or even some of the lidar/radar solutions) sooo… while the others (e.g. waymo) are far from safe enough to be allowed on the streets (as nonetheless they are!) they have a far better record of recognizing humans than do anything musky.

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Robert Reich’s final course on Wealth and Poverty is available online:

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FYI, that site keeps blocking content for me with a begging popup (even though I’m using Brave).

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Odd. I’m using Brave on an Android tablet, but I’ve never seen any of those.

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I tried Firefox, where there’s no popup.

You could just cut n paste the comic, so we don’t have to open another site and tab to read it:

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Official analysis of the “Big beautiful Bill” is out.
Guess what, It’s the most regressive thing possible:

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I don’t know how true this is, and I’ve never been impressed with this store, but they’re directly blaming Trump’s tariff policies and the resulting uncertainty for their bankruptcy.

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There is one of those near us, and I keep thinking about stopping in to see what they’re like, but haven’t done so yet… Could have been a nail in the coffin kind of thing?

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This might be the final blow. Their prices were too high and the local store is pretty damned empty every time I’ve been in there. :woman_shrugging:

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While looking at real estate prices between SC and GA, I noticed something weird. There was a town with very few listings for sale, but when I switched to rentals the map was full of property listings. Those properties were mostly houses for rent.

I thought the situation with apartments and houses in tourist areas being turned into short-term holiday rentals was bad, and hoped zoning changes / more affordable housing for residents would help. These developments seem worse. I’d never heard of BFR (Build for Rent) or BTR (Build to Rent) communities before, where residents will never own homes:

All that led me back to this video about capitalism and consumerism vs. financial / economic freedom:

With investors / developers putting the possibility of home ownership out of reach by making sure nothing can be bought, it’s much more difficult to opt out and save using the methods described in the video above.
:frowning_face:

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I’ve never checked sales vs. rental on Zillow or whatever whenever I look at houses/land around town… But I’m not surprised, honestly, that this is the case.

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You didn’t miss much. Imagine Walmart stuff at higher prices, and that’s pretty much what they were. And that’s why I’m not sure I believe that the tariff policy actually hurt their business, because I think they had a shit business model to begin with, but it’s interesting that they’re blaming it on that.

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I assume Albania’s growth is so colossal is because the baseline was so low?

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Poland and Lithuania too. The starting line is 1990, which I believe was a not-great time economically for them. It would be interesting to split that growth into two sections: 1990 to 2008, and 2009 to 2025.

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Not to say that the above isn’t true (because of course it is) but it’s also anecdotally the case that these summaries went from “wtf is this flat out wrong summarized statement” to “thank you search engine, now I don’t need to go to the page in question any longer” and is actually saving me time getting the answer I was seeking in the first place.

But think about that - thanks to that summary, not the original source of that info received 0 revenue from me.

So I actually think the real question is “what does Google get out of these search summaries?” To which the answer seems to be for the moment: targeted ads on the summary pages and more people turning to Google to get summaries of other people’s work product, increasing their bottom line at minimal cost to themselves.

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I’ve noticed they often summarize like random opinions on subjective things which is annoying. I want to know, say, when this was published and some salient blurb about the subject matter without interpretation. I do not want to hear how an ai “feels” about the subject in general. I don’t even want a summary of popular opinion most times as I consider it totally irrelevant. Why should I care if 90% of rotten tomatoes bots and lurkers like a movie, for example? That is irrelevant to my highly specific case.

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