Livefyre Profile

Activity Stream

some of IJ's work on the issue:

http://www.ij.org/portlandsedans

http://www.ij.org/milwaukee-taxis

http://www.ij.org/nashville-limos

The crony writer of this article and Paul Carr probably think tour guide licensing is good to protect customers too - same BS http://www.ij.org/dc-tours  ... licensing and regulations of many industries is, many times, about protecting the profits of insiders by restricting competition.

1 year, 8 months ago on What taxi industry outsiders don’t get about VC-funded taxi apps

Reply

@anulman @bgoldberg 

Bull, regulators are focused on closing down new competitors to the market to protect the legal cartel - i.e. to protect the profits of the insiders. It has nothing to do with health and safety.

There is no good reason for customers or entrepreneurs to have these restrictions...  http://www.youtube.com/watch?v=2T2912EqJ0U

1 year, 8 months ago on What taxi industry outsiders don’t get about VC-funded taxi apps

Reply

The regulations protect big company insiders and hurt independent drivers and customers alike... just look what happened in DC http://www.youtube.com/watch?v=2T2912EqJ0U

1 year, 8 months ago on What taxi industry outsiders don’t get about VC-funded taxi apps

Reply

"One of the reasons taxis are so tightly regulated is that they provide an essential public service; everyone deserves equal access."

Bull... the ONLY reason taxis are so tightly regulated is because the industry requested it to protect their own profits.  Taxi companies lobbied government to legalize their own cartel. The government erects barriers to entry into the market to reduce competition and increase profits of the insiders. In exchange, the cartel gives the local government a cut of the additional profits through licensing fees.

THIS IS NOT ABOUT HEALTH AND SAFETY OR THE PUBLIC GOOD - this is about extracting additional revenue by force by preventing customers and entrepreneurs from making their own adult choices about what service to use or if they can create their own jobs.

Want to support true disruption of the market and free it from the bonds of greedy regulators and crony businessmen (and women... see above) then please support the Institute for Justice a civil rights law firm that has been fighting the taxi cartels across the country for over 20 years http://www.ij.org

1 year, 8 months ago on What taxi industry outsiders don’t get about VC-funded taxi apps

Reply

I also want to note that it has been my experience that most journalists are undertrained (trained to write very well, but not how to think or comprehend economic or scientific studies). Basic math skills are sorely lacking and they don't seem to have any training in science or economics. Additionally, many journalists just repeat press releases... i think this is part bad training and part that many journalists are either overworked or on beats outside well outside their expertise. Confirmation bias is also a huge problem (you want to believe something so bad you are willing to ignore evidence to the contrary). My experience (5 years in Arizona and Nevada politics), of course, is anecdotal, and may not reflect reality.

1 year, 9 months ago on Entrepreneurs Should Stay in School

Reply

@KenG @Calacanis And also capable of being highly successful without college.... :/

1 year, 9 months ago on Entrepreneurs Should Stay in School

Reply

@revivek most universities are not fond of intellectual curiosity... Group think is highly encouraged... Universities don't like independent thinkers upsetting people... That said journalists are highly undertrained... And are generally incapable of spotting BS studies... Case in point.... See above

1 year, 9 months ago on Entrepreneurs Should Stay in School

Reply

Most impact studies of higher end are crap... Like the one you cite. They don't take into account costs... Not just tuition but opportunity costs. When controlling for these factors the value difference plummets. Next, if you get into an elite school or top school you are already an outlier and will likely be successful with or without college. Note: part of the income gap between grads and non grads is simply self selection bias by highly skilled people. Finally as college costs sore and the value degrees confer on grads continues to stagnate ( journalism like most liberal arts is a crap degree... I know I have three liberal art degrees) higher Ed wont provide you many skills to get ahead you can't get elsewhere. I'm looking forward to the utter collapse of our corrupted self serving centers if higher pay for PhDs.... ;) Oh and drop out unless you are studying restricted fields like medicine, science or engineering.... College degrees allow you to join their respective cartels....

1 year, 9 months ago on Entrepreneurs Should Stay in School

Reply

 @joewardpr additionally, being forced to work at your Soup Nazi Kitchen doesn't make you a caring person. Again, you may care, but we will never know unless your employment was voluntary. (Voluntary by definition means you can't be coerced).

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @s5  PS, you should have been Blade's lawyer...  ;)

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @joewardpr  

You may be a caring person, but you can't prove it, if you are forced to do x.

 

Under Islam women are required to be modest...under pain of death. They may be modest, but we will never know for sure unless the women are allowed to voluntarily choose modest or immodesty without threats of coersion.

 

Paying your taxes and paying your rent are two very seperate issues. You are torturing logic in assuming. You can always buy your own house, build your own house, move to a different apartment. You have choices without threats of coercion. You do not have the same luxury with government (even if you can, with great difficulty, switch your country).

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @droskill and its not a weak argument to assume that the internet would exist in some form without the government. Again its opportunity cost. You are COMPLETLY ignoring this. You assume that because A) It exists and B) the government funded X) that it would not exist without government. THis is a fallacy known as "Things seen and unseen" Bastiat wrote about it over 200 years ago. The fallacy gives the "government is always right" type a blanket excuse to argue for more government always (especially as government continues to crowd out other areas of the economy). Its an unimaginative fallacious way of thinking.

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @droskill  Early highways were almost all privately built. THe fact there are few today is only because government offers a "Free" alternative. Its hard to compete against "Free"That said there is NOTHING wrong with arguing from a hypothetical alternative. Its called "opportunity cost" and economists recognize this as something very important to consider. If the private sector can build and maintain a road for $1 million and the government for $2 what are you giving up? A: $1 million in SOMETHING ELSE.

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @joewardpr  @s5  @JustinPollard  @JudyWang 

Nonsense Joe,

 

You cannot be modest if you are forced, under pain of death, to wear a hajib or burka.You cannot be caring, if you are forced to help others in need.

 

So on and so forth. You must CHOOSE to be virtous without the threat of jail, pain, death etc. 

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

@joewardpr  @s5  @JustinPollard  @JudyWangTaxes are the price we pay for being uncivilized. If we truly were we would not need a monopoy on violence to force us to be good.That said, patriotism is a virtue and like all virtues requires a choice. You must choose to be patriotic. Choices must be free of coercion to be true choices (the choice between worshiping god and or being put to death by stoning is not a true choice because of the threat of coercion). The ONLY way for patriotism to = paying taxes is if paying taxes = voluntary. IE you pay the tax voluntarily because it is the right thing to do, not because you are forced to do so.

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @s5  @joewardpr  @JustinPollard  @JudyWang Yes, you can go to jail for not paying your taxes...  and given the fact that the tax code is thousands of pages long, "criminal tax evasion" isn't that hard to obtain, even when you are trying to honestly pay... Now, even assuming you cannot, are you under the assumption that taxes are voluntary? There is always a very real threat for not paying taxes. Its coercive by nature.Peer pressure to pay tithes is WAY different than jail, liens, fines from the government.I also am curious as to how you got your mind reading powers... How do you know Gates or Buffet are good people out to support others. Buffett makes pledges to support things after he dies and often donates to charities where his children work. He also uses government power to coerce wealth to his own pockets so I'm just wondering what magical crystal ball you're using to know he does everything out of the kindness of his heart.

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @joewardpr  @JustinPollard  @droskill  @JudyWang There is a very simple math problem... these programs cannot be sustained. Money out is greater than money in.And its nonsense to assume government has a compassionate interest. Laughable actually. Working for government does not magically make employees more compassionate and less greedy than private sector employees. Government also has the problem of ignoring if not distorting price signals in the market...thus creating government externalities that may make problems worse...

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @s5  @joewardpr  @JustinPollard  @JudyWang 

you mean like claiming paying your taxes is patriotic, when in fact you are obligated to pay your taxes under the penalty of incarceration... ;)Volunteering your wealth to help others is better than thinking you're doing good because you want someone else to pay more taxes.Romney still stinks but Obama is just as bad...if not worse...

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

Anyway, both Romney and Obama are pretty terrible candidates. I think most Americans would probably rather have someone else. But in case you're a progressive and still asleep here is why you should remain apathetic: http://www.theatlantic.com/politics/archive/2012/09/why-i-refuse-to-vote-for-barack-obama/262861/Vote for a third party candidate to show your dissatisfaction or go volunteer your time to help a charity or person in need - you'll do more good than voting...

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

Vote for Gary Johnson... he's also rich with a networth of about $7m... thanks to a construction company he started called Big Johnson... gota love a good sense of humor! he's also the only candidate who doesn't want tot to tax you to death (if you weren't jailed for smoking pot first) while also bombing babies in developing nations...

1 year, 9 months ago on Samuel L Jackson’s Patronizing, Hypocritical Viral Message To Obama Voters

Reply

 @fry_dave http://www.youtube.com/watch?v=Y_zTN4BXvYI Attack ads have been around for awhile.

1 year, 10 months ago on The Unfinished Story of Us

Reply

I think most Americans are wishing we could pick between something better than Obama or Romney...

1 year, 10 months ago on The Unfinished Story of Us

Reply

now all he needs is a "Get back to the farms and feed me!" meme to compliment his anti "sweatshop" meme.

1 year, 10 months ago on Buzzfeed’s Jonah Peretti: Going Viral Is About Keeping It Simple

Reply

Never said it could do any of that nor did I say it should not be held responsible for crimes, wrongdoings, fraud etc. They aren't allowed to vote, but they are given personhood by the State so they can own assets, buy and sell, and sue and be sued in court. As Romney (and others) said, taxing a corporation is really just taxing employees, customers and shareholders. That was my only point.

1 year, 10 months ago on Romney May Suck at Social Media, Doesn’t Mean He Won’t Be President

Reply

Basically a corporation is a group of people that have pooled their money and talent together to cooperate in pursuit of a business purpose

1 year, 10 months ago on Romney May Suck at Social Media, Doesn’t Mean He Won’t Be President

Reply

While I agree that Romney sometimes makes Biden look good, Romney is correct, corporations are people. people pool their money together to create them, people work in corporations and people keep them alive by buying goods and services. thus, taxing corporations means, taxing the investors, employees and customers.... Again, people.

1 year, 10 months ago on Romney May Suck at Social Media, Doesn’t Mean He Won’t Be President

Reply

Threatening to harm people should be banned, but hate speech itself is too broad... In fact we should ban hate speech rules. Focus on threatens violence not on this mythical "inciting" violence which only gives weak excuses for other peoples bad behavior. See Christopher Hitchens on free speech here http://www.youtube.com/watch?v=jyoOfRog1EM&feature=youtube_gdata_player

1 year, 10 months ago on The Slippery Definition of Hate Speech: Google’s Great YouTube Hypocrisy

Reply

This should be required watching for journalists (especially those writers of the LA Times and NYT), politicians and academics (and all others who have contempt for or inability to comprehend the first amendment)  http://www.youtube.com/watch?v=jyoOfRog1EM

1 year, 10 months ago on What Obama’s iPad Says About the Future of News on Paper

Reply

Basically, whatever he (the government) doesn't like will be censored. At least that is what I'm getting based on recent issues...

 

http://reason.com/blog/2012/09/14/the-obama-administration-pressures-youtu

 

http://reason.com/blog/2012/09/14/white-house-cant-conceive-that-anti-amer

1 year, 10 months ago on What Obama’s iPad Says About the Future of News on Paper

Reply

We shouldn't protect companies period. It is bad economic policy. Especially if you are protecting (taking money from taxpayers and giving it to the corporation) export industries. IE, taxpayers are paying to reduce the price for other people. IE you're gifting goods to other countries as the poor Chinese people are gifting Americans with cheap solar panels.

1 year, 10 months ago on Before You Throw That Windmill At Romney, Check This: Republican Governors Are Friends of Clean Tech

Reply

Loss of about $49 k per Volt at current volume. The loss will decrease when volume increases (economy of scale) but that isn't likely to happen all that much either.

1 year, 10 months ago on Before You Throw That Windmill At Romney, Check This: Republican Governors Are Friends of Clean Tech

Reply

http://emf.stanford.edu/files/pubs/22522/OP64.pdf

 

Stanford study shows that $1 million in Solar power creates 3-5 new jobs. Sounds great, but in economics you learn about things seen and unseen. What are the opportunity costs of investing $1 million in Solar and not something else.According to the Stanford study the investing of $1 million in "something else" averages out to 10 jobs.In other words the cost of investing in Solar power isn't $1 million but -5 to -7 jobs (ie, 5 to 7 jobs destroyed).

1 year, 10 months ago on Before You Throw That Windmill At Romney, Check This: Republican Governors Are Friends of Clean Tech

Reply

 

Government subsidized a lot of things in our early history - the vast majority turned out to be flops. The transcontinental railroad was a major example. The line had to be ripped up and rebuilt and the system was bankrupt and in scandal within a decade. Transatlantic steamers were another. Ever heard of the Vanderbilt’s? Cornelius made his money competing against subsidized transatlantic steamers with his nonsubsidized steamers - he was forced to innovate while the subsidized companies got fat, bloated and wasteful.Subsidizing industry does not spur innovation, it dulls wit.

1 year, 10 months ago on Before You Throw That Windmill At Romney, Check This: Republican Governors Are Friends of Clean Tech

Reply

Yes, Nevada's Republican governor (Democrat controlled legislature) is wasting money on green tech right now. Green tech gov funding contributes to waste and economic inefficiencies not progress (currently green tech kills more jobs than it creates) http://reason.com/archives/2011/02/08/seen-green-jobs-unseen-layoffs

 

Government needs to stop offering loans, tax breaks, subsidies etc to corporations. Government should not pick winners and losers in the economy. More often than not, it picks incorrectly (or, not surprisingly, picks the well connected).We've been providing subsidies (at a great cost) to green tech for over 20 years. For over 20 years they've been saying "protect us so we can grow."  Give me a break, that is not how you grow an economic sector. It doesn't work, it hasn't worked, it won't work.  Protectionism doesn't work, if it did North Korea would be an economic powerhouse....

 

1 year, 10 months ago on Before You Throw That Windmill At Romney, Check This: Republican Governors Are Friends of Clean Tech

Reply

Note - old libertarian Republican talks to an empty chair the media has a field day making fun of someone for potentially being senial or crazy.  

 

middle age Democrat union boss yells at an empty chair and then kicks it... media thinks it was a joke meant to be funny...



 



1 year, 10 months ago on Pull Up A Chair and Enjoy the Twitter Election

Reply

still waiting...

1 year, 10 months ago on Pull Up A Chair and Enjoy the Twitter Election

Reply

*I should fire my copy editor...

1 year, 10 months ago on This Is What Michelle Obama’s Speech Sounded Like Tonight

Reply

Just a point of logical consistency... I eagerly await your next complaint about policy substance over emotion, passion, rhetoric and people tweeting about nothing to do with actual policy outcomes or prescriptions and instead tweeting about rich flowing rhetoric and claims about emotional heart tugging stories...

 

"Be a decent person, help the less fortunate, [but ignore the fact that we increased spending on Gitmo, escalated the wars of foreign aggression, dramatically increased the deficit, engaged in unauthorized drone strikes on foreign nations, deported more immigrants than Bush, lost more soldiers in wars than bush, kill hundreds of civilians, detained hundreds of people illegally, declared the power to assassinate American citizens, escalated the war on drugs all while telling your progressive base you are ending the war on drugs, and oh by the way we now support gay marriage in time for this upcoming election but only a decade after those evil rich capitalist Koch brothers began gay rights...] vote for my hubby!"

 

just a refresher: http://pandodaily.com/2012/09/04/social-medias-quick-twitch-honesty-shows-we-hardly-care-about-the-truth/

 

 

1 year, 10 months ago on This Is What Michelle Obama’s Speech Sounded Like Tonight

Reply

 @PaulSzerlip  @LimitedGovt 

 

I think what he means is that the "fact checkers" don't show the same "rigor" when researching Obama's claims. For example, Obama claims the stimulus was a big success. Fact Checkers do too, despite the fact that Obama's program didn't even achieve the results he claimed it would. In fact, the results turned out far worse than Obama predicted would occur without his stimulus plan. To be fair, the Bush stimulus was also a major failure...as almost any stimulus package would be given how incompetently the money is spent by government.

1 year, 10 months ago on Social Media’s Quick-Twitch Honesty Shows We Hardly Care About the Truth

Reply

Most of the rest werent actually lies, not in a way the word "lie" is defined in any English dictionaries. Hypcrite would be the appropriate word, but not liar.

 

 

1 year, 10 months ago on Social Media’s Quick-Twitch Honesty Shows We Hardly Care About the Truth

Reply

Factory lie turned out to be true. The plant was shut down in summer of 2009.

1 year, 10 months ago on Social Media’s Quick-Twitch Honesty Shows We Hardly Care About the Truth

Reply

 @anton94 It is more simple than that. The government thinks you're too stupid to spend your own money which is why they must restrict what you can and cannot do with it...

1 year, 10 months ago on The JOBS Act: Coming Soon to a Startup Near You, If the SEC Would Just Get Out of the Way

Reply

 @mcarney meanwhile Congress voted to kill the DC Opportunity Scholarship program, which was significantly cheaper than Head Start and had statistically significant positive impacts for low-income students.  http://www.youtube.com/watch?v=V34kYMm82oo

1 year, 11 months ago on US Government CTO Pretty Much Wants to Marry “Lean Startup”

Reply

 @mcarney I didn't either but the article states: After the talk, Ries told me that, despite his initial skepticism, the Lean Startup model has proven successful in a government context. “What’s great about Todd and Aneesh Chopra before him is that they are not only trying to adopt lean startup in the government generally, but also they walked the walk themselves. So this program was prototyped and tested at HHS, at USCIS, at the FDA, and the results they got are nothing short of extraordinary.”There is no evidence that anything extraordinary has occurred but assuming it has, how long has the lean start up been tried at HHS?Head Start isn't shut down yet. That report came out 2 years ago. HHS had the data collected and report finished 3 years before that. There is another decade of research on top of that showing the exact same results.I think the politicians are telling you all what you want to hear and I don't expect those words to translate into any meaningful positive action. 

1 year, 11 months ago on US Government CTO Pretty Much Wants to Marry “Lean Startup”

Reply

note: Dr. Greene is a professor at the University of Arkansas - his blog posts contain further links for you to explore.

 

studies which show benefits from Head Start cannot explain why benefits disappear after 2nd or 3rd grade only to return 20 years later -- a good researcher would know something else is probably causing those impacts. Studies on the monetary impacts of Head Start are based on horrible methodology (as are most impact studies).

1 year, 11 months ago on US Government CTO Pretty Much Wants to Marry “Lean Startup”

Reply

Shenanigans! Health and Human Services twice suppressed reports on Head Start which demonstrated that the program had no statistical impact on students beyond 2nd or 3rd grade. http://jaypgreene.com/2010/01/13/head-start-basically/ and http://jaypgreene.com/2012/03/13/head-start-a-case-study-in-the-unreliability-of-government-research/

 

40 years of failure and $150 billion in expenditures... if that is lean startup I'll eat my underpants.Don't believe all the rhetoric you hear Mr. Ries and Mr. McKenzie..

1 year, 11 months ago on US Government CTO Pretty Much Wants to Marry “Lean Startup”

Reply

 @ericestrait I'd be happy to share them if you'd like. I've written legislation, testified in Nevada, briefed the governor and written over 100 articles on the subject of education and education reform.I was also a teacher and I have the white hair to prove that too.

1 year, 11 months ago on Replanting the Roots of Education

Reply

 @ericestrait Stating we need kids to like learning or learn to think, isn't helpful. Again, all education advocates (who disagree constantly on the specifics of what to do and how to do it; private, public, charter, voucher etc etc etc) already think this and have already tried to do this. This was a fluff piece with no substance -> there is nothing to debate. Francisco keeps taking soft stances on big issues and it is dissapointing.

1 year, 11 months ago on Replanting the Roots of Education

Reply

A lot of words to say nothing helpful at all. Do you really think education HASN'T tried to make learning an appreciated skill/art/core focus? That said, American education actually has little problem with critical and creative thinking (it can be better but we arent lagging there) but we do get spanked on science and math...

1 year, 11 months ago on Replanting the Roots of Education

Reply

I can see “looterism” in the public sector (pensions, growing administrations, salaries and entitlements to the privileges of position)  and with crony capitalist businesses (those on the state subsidies or using regulatory schemes to crush competition). Were their specific examples you had in mind?

 

In regards to education, higher education is most certainly a “looting” industry (both public and private universities) as is the public K-12 sector (300% more money than 50 years ago, and more teachers per pupil than ever before and the results are similar or worse than at any point in the last 50 years).

1 year, 11 months ago on Looterism: The Cancerous Ethos That Is Gutting America

Reply

You write, "In the transformation from capitalism to looterism, our economy has mutated from one that believes in “private benefit from value created” to simply “private benefit, regardless of damage.”

 

What damage are you implying?

1 year, 11 months ago on Looterism: The Cancerous Ethos That Is Gutting America

Reply

 @Francisco Dao ah yes the Me generation, the looters who will have us spending 65 cents on every dollar of Federal spending on themselves....

1 year, 11 months ago on Looterism: The Cancerous Ethos That Is Gutting America

Reply

The only social responsibility of a corporation is to increase its profits in a competitive free market economy. Any other attention by the corporation actually harms shareholders, employees and consumers. Bad behavior is severely punished by the market (profit seeking competitors are always happy to exploit either the bad pr or with better/safer products/prices). To understand this argumnt you need to understand valid definitions of profits and markets (most people don't as most prefer the more comfortable cartoon versions that lend credibility to their own world view).An essay on this subject by Nobel prize winning economist Milton Friedman sheds light into this thinking: http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html

1 year, 11 months ago on Looterism: The Cancerous Ethos That Is Gutting America

Reply

Nonsense, the Internet was created by private companies and the government and only really took off when the gov lifted restrictions on access and let the private sector really innovate. Obama's comments aren't about voluntary cooperation with others but coercion under a government that needs more and more money to pay for the "basics" never mind all the crony capitalist bailouts, subsidies and white elephant projects.

2 years ago on Obama Didn’t Slam Entrepreneurs, He Spoke the Silicon Valley Ethos

Reply

FINRA, like most every cartel organization in the US (including the American Bar Association and many many more!), probably uses the fees they collect from members to pay a tribute to congress in exchange the privilege of "self-regulation" which really boils down to keeping the competition out and profits high for members. Its not free markets, it is called corporatism or corporate socialism. Of course, these things are always passed for "consumer safety" reasons. 

2 years ago on JOBS Act Tangled in Red Tape, Coming 2014 at the Earliest

Reply

A great surprise if they do and if so congrats. I'm just skeptical :)

2 years ago on Take That Crowdfunding Cynics! Rally Raises Largest AngelList Deal Ever

Reply

 @sarahlacy That is great. I appreciate original reporting...its just I haven't found any other news outlet that provides a figure. Maybe they don't do original reporting, but I have a hard time believing Rally, which gets much, much, less traffic than other sites saw that much money flow through their app.

2 years ago on Take That Crowdfunding Cynics! Rally Raises Largest AngelList Deal Ever

Reply

Where did the hundreds of millions of dollars figure come from? According to WSJ that figure was not disclosed.

2 years ago on Take That Crowdfunding Cynics! Rally Raises Largest AngelList Deal Ever

Reply

 @Hai2u2 also labor scarce compared to the developing world. These terms should be "relative to" the developing parts of the world.

2 years ago on Immobile Capital: The Unspoken Secret of Silicon Valley’s Success

Reply

 @Hai2u2 overvalued relative to the rest of the world. Don't get me wrong, the U.S. has the highest paid workers, in part, because we have one of the most highly skilled work forces. But part of our high pay stems from the fact that we don't have true globalization in the labor market. If we had a true globalized free trade world American wages would decline and wages in the developing world would increase. (Note: this doesn't mean we would be worse off, likely the price of gooods would decline and the amount of hours we must work to obtain goods and services would also decline).

2 years ago on Immobile Capital: The Unspoken Secret of Silicon Valley’s Success

Reply

So the fact that globalization has reduced world poverty, increased acess to clean drinking, and lengthened life expectancies has hurt the working class? So being poor, drinking bad water, and having short lives is a good thing... I strongly disagree Mr. Dao.Next, labor immobility has nothing to do with globalization and everything to do with government restrictions on the movement of labor. Please note, the U.S. government (lead by directives from the IRS) is pushing very hard to make the movement of capital just as restrictive. US capital is actually undervalued and American labor is overvalued. In the developing world, labor is undervalued and capital overvalued. Another way of looking at it is the US is capital abundant and labor scarce while the developing world is capital scarce and labor abundent. Globalization works to bring the world into balance ... a very simple explination for a simple column on the subject.

2 years ago on Immobile Capital: The Unspoken Secret of Silicon Valley’s Success

Reply

 @bmcusick  Subsidies rarely produce good companies and almost never benefit the consumer (after all you are forcing everyone to pay for something only a few want). Green tech has been asking for subsidies for 20+ years and keep telling us they are almost profitable without them... the crisis in Europe is forcing them to make priorities - like education or care for the poor or elderly over subsidies for corporations who can't make a good enough product to stand on its own....

2 years, 1 month ago on Invest in Bankrupt Europe? Sure! Clean Tech? Oh, Hell No.

Reply

 @NormalEek success != German solar power... $130 billion in spending and solar power accounts for 0.3 percent of energy output... That is Hamish's definition of solar utopia...   :P  More like solar money pit as the Chancellor describes the industry.

 

 http://www.slate.com/articles/news_and_politics/project_syndicate/2012/02/why_germany_is_phasing_out_its_solar_power_subsidies_.html (just the first article of many)

2 years, 1 month ago on Five Years On, Sunrun’s Solar Solution Powers the Fight Against Fossil Fuels

Reply

Germany is cutting back on "green" energy subsidies because they've been such a massive flop. US companies have been claiming they could get off corporate welfare for 20 years now...if only they had more time to mature...

2 years, 1 month ago on Five Years On, Sunrun’s Solar Solution Powers the Fight Against Fossil Fuels

Reply

There is also a cool little app called Rumgr taking on Craigslist in the sale of non-apartment/housing items http://www.rumgr.com/ 

2 years, 2 months ago on Why (I Hope) Facebook’s IPO Will Improve (or Kill) Craigslist

Reply

 @AndrewRoin , credentials are over rated. People need to stop complaining about a lack of talent and start looking for it in other locations. Also, I'll take Aaron Patzer on my team at any position any day.

2 years, 2 months ago on Everyone’s Convinced That MBAs Are Useless, So Now Might Be a Good Time to Hire Them

Reply

 @robdoria I particularly hate the argument that "arpanet = Facebook" and "no arpanet = no Facebook." Ridiculous notion and a logical fallacy. If we can break down inventions/progress in such a manner as Manjoo (and many others) concocted,  then all of civilization owes itself to some private sector primate which had the courage to overcome the instinct to run from fire and instead learn to master it.

2 years, 2 months ago on Dustin Moskovitz: “I Couldn’t Imagine Moving to Optimize for Taxes”

Reply

Manjoo was incorrect on the issue of taxing. The US does not allow citizens to escape with their money or wealth. There is an exit tax which will cost Saverin more in the short run, according to WSJ: http://blogs.wsj.com/law/2012/05/11/taxes-got-you-down-renounce/

 

Also, (living in Las Vegas here) - talent moves and times change... California is running itself into the ground. It can't pay for basic services and everything but government pension/salaries and wasteful white elephant ego projects, are being cut. Tony Hsieh is making a long term investment in an area (not many entrepreneurs can say that)... Not that things are perfect here, the state legislature seems to advertise the state as "Not as bad as California" which just isn't good enough.

2 years, 2 months ago on Dustin Moskovitz: “I Couldn’t Imagine Moving to Optimize for Taxes”

Reply

government can be a force for good when it stops getting involved in my private life...and killing people...

2 years, 2 months ago on PandoList: Top Webizens, or Politically-Minded Techies

Reply

What "culture" really means in the 21st century: "Stuff I really like doing, that you're going to pay for" 

2 years, 3 months ago on Bloomberg: NYC’s Tech Success is Luring Potential Employees…Who Aren’t Cultureless Rubes

Reply

 @hamishmckenzie  @BobbyRose  Hamish, what you are advocating isn't innovation - it is subsidizing an industry which hasn't been able to cover its own operating expenses for 100 years. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @MichaelMellinger  good thing, it would be a bigger waste of money if it was a bullet train. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @MichaelMellinger  You are correct, it "makes money." It doesn't make enough to pay the operating costs which means it runs at a loss (hence it doesn't really make money, it loses money).

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

except for the fact that most low-income people do in fact own cars... government regulations and import restrictions do make them more expensive than the otherwise would be.  We spend fewer hours working today to afford auto transportation.  ANd building high speed rail is a pretty silly solution to helping low income people move about. Buss, cab or shuttle service would be a much smarter solution.  

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @MichaelMellinger except when you have to stop to pick up passengers along all the little cities where politicians put their hands out and begged for resources (political sausage making gets in the way of utopian dreams). You see, the average speed of the train is ACTUALLY 65 mph when you factor in stops. Acela may max at 150mph but it does not top 120mph on a daily basis. The Florida high speed rail impact report suggested a "No Build" solution as the greenest option. When calculating the cost of construction and operation of the rail it outputs more tons of C02 than the construction, maintenance of roads and all the cars on them. Aaron P., formerly of Mint.com, reached similar conclusions on cost and green performance on his rail project. Cars are the way to go right now.  

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @pangolinx and yet far less money is spent per passenger mile on roads than on busses, light rail, trolleys, passenger rail, high speed rail...

 

If the problem is gas taxes don't work, (and it is) then toll the roads. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @hamishmckenzie  @drpizza 

 

Yes because using technology from 1794 is a much better idea ;)Cars are the best solution right now. Is there a better solution? Probably, but it is not high speed rail, mag lev, light rail or moderate speed rail. The answer is build more roads - the latent demand argument is functionally stupid (no where does this argument appear in economics except for transportation policy so it should be a red flag). The problem is road pricing - it needs to be tolled.  Additionally, government is often incompetent at planning which is why the U.S. highway system took 60 years to complete the plan and they never built a highway between 2 major US cities in Phoenix and Las Vegas. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @nickheer  @Todd while public transportation is not a left vs right issue, public transportation is hardly embraced in Europe. While more people ride, they require significant subsidies from automobile drivers. Public transportation seems to have little impact on the use of cars in Europe. Spending billions on rail does not convince people to leave cars, even if you significantly raise gas taxes to pay the operating cost of the rail...I would say rail passenger transport is FORCED on the public, not embraced by the public. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @hamishmckenzie  Hamish tell that to the low income folk throughout history who have used the automobile to become more mobile in their search for a better life, better incomes and safer places to live. Cars provide a substantial benefit to society, especially lower income people, and this benefit far outweighs the cost of the carbon footprint (which is lower than the expensive ancient technology you prefer).

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @pangolinx the solution is to require people to pay for road usage (gas tax is a silly idea anyway). Toll roads or per mile traveled tax would be the economically smart way to pay for roads. We'd probably cut down on costs and traffic at the same time. Part of the road repair problem is that the amount of money used for it is not directly related to actual road use (a government failure). If you tied road use payments to maintenance you'd then have an incentive to keep the road maintained at a reasonable cost. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @MichaelMellinger  it doesn't make money - it requires a substantial subsidy that is significantly higher than the subsidies for road. If you can't even pay your operating costs running from DC to NYC to Boston where would such a train work? It just won't. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @johnmichaeleden but does this structured environment have to be at a brick and mortar institution? Does it have to take 4 years? Does it have to come with a piece of paper? The answer to all of that is no.

2 years, 3 months ago on Peter Thiel: The Education System as An Excuse

Reply

Hmmm..  the first self powered locomotive rail engine came about in 1794...

 

 http://en.wikipedia.org/wiki/History_of_rail_transport 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

Grayhound carries 3x as many passengers between D.C. and Boston than the Acela High Speed Rail line (The only in the US) at a fraction of the cost. "Bullet trains" (which are really only "moderate speed trains" in the US) are simply a waste of money. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

 @echotoall with no luck except to create more congestion. I really hate the anti car crusade. These urban planners don't try to make walkable environments better, they just try to make driving inconvenient. 

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

Complete nonsense. Maglev trains are incredibly expensive and the amount of $ per passenger mile is staggering. - trains are also early 19th century technology btw.  ;)  Trains are also limited in direction by the track they travel on (which must be ripped up and replaced every 30 years which creates an entirely new carbon footprint). Train tech as a people mover DOES NOT BEAT cars on emissions. People movers like moving walkways are incredibly energy efficient too. Cars dominate because they go anywhere and they are relatively inexpensive.  Cheap plus convenient = WIN.The only thing wrong with roads is pricing. We don't price usage. We need toll roads at the very least in order to accurately price usage (congestion pricing). That said, dollars collected for car travel is actually used to subsidize the other inefficient and more expensive forms of public transportation like train (its worse in Europe).  

2 years, 3 months ago on Let’s Build a Future Without Cars

Reply

The answers is government. The federal government has over 100 regulatory agencies over finance and banking. There is no private health care market and again it is heavily regulated and restricted by government. And finally, education - practically a government monopoly. Some of us in the education research world call it the "edublob" for a very good reason. In each of those instances government has a very strong role and a stake in maintaining the status quo. Silicon Valley engineers will not disrupt these markets unless they can disrupt government's stranglehold of these markets. That means connecting to individuals and creating direct markets between doctors and patients or educators and students (and tutoring sites aren't enough).

2 years, 3 months ago on Why Hasn’t Software Eaten Healthcare, Finance, and Education Yet?

Reply

 @PatrickR and what is ambitious  or bold about this? Is Mr. Nelson going to compete on price? if not, how will he attract top students? A better experience?

 

The reason most online schools are "Bad" isn't because the education is bad (in fact, there is evidence that Ivy League education has very little value added for students relative to other schools) but that they can only recruit from the leftovers of the college admission pool. So how do you steal students who got into Harvard? That is what you have to do to make an elite university. If it is education as usual but online, I don't see that as being a big enough differentiator to win over students that already got into Harvard, Yale, MIT, Stanford, Penn or even Penn State...unless maybe it is a fraction of the price.

2 years, 3 months ago on Ben Nelson is Building a Virtual Harvard. It’s Ambitious — Just Don’t Call it Disruptive.

Reply

Don't get accredited by any existing accreditation group. The real purpose for accreditation is to protect higher ed professors and bureaucrats - it is about jobs, not educating students. If this gets accredited they won't do anything to disrupt (really, higher ed as we know it should be dismantled not disrupted) education.

 

And the reason why there aren't enough jobs for PhDs is because there are too many PhDs. Higher ed is swamped with employees. They have more people and money per pupil today than 10, 20, 30 (etc) years ago. Hopefully Ben Nelson is just being PC to get attention and attract talent but if this is what he really thinks he won't make a positive impact on higher education - not with Harvard and MIT already offering free non degree courses.

2 years, 3 months ago on Ben Nelson is Building a Virtual Harvard. It’s Ambitious — Just Don’t Call it Disruptive.

Reply