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94 sats \ 7 replies \ @kepford 27 Jan \ parent \ on: Newsom waives building permits to help Los Angeles rebuild faster Politics_And_Law

Incentives are the issue. Political allocation of resources will always be inferior to market allocation. The problem is at the root.

54 sats \ 6 replies \ @BlokchainB OP 27 Jan

Always? What about efforts that don’t yield profit?

105 sats \ 1 reply \ @kepford 27 Jan

I want to add this is what I think. I could be wrong. Could be wrong on many things. I've learned over time that I've been wrong many times. Always looking to learn and improve. Been thinking about this political vs market allocation for a while. Try to punch some holes in it.

0 sats \ 0 replies \ @Bell_curve 28 Jan

my batting average is 99%, not perfect but almost perfect

9 sats \ 1 reply \ @kepford 27 Jan

Like what? Politics outside of the state is never considered a better option. Think about this. If someone says that guy got the promotion because of politics that's not a complement.

Can you come up with an example? Charity is a good one but I'd argue market charity is superior to political charity. Medicine is another example but that one is terrible. I stand by always until I hear a good argument to the contrary. With respect.

9 sats \ 0 replies \ @kepford 27 Jan

One of the problems caused by the state entering these no profit areas is that they discourage market entrance and distort the natural market.

The market is the true democracy people just don't realize it.

0 sats \ 1 reply \ @Bell_curve 28 Jan

I think always because political forces are greater than market forces. No one represents market forces in Sacramento

0 sats \ 0 replies \ @BitcoinIsTheFuture 28 Jan

Incentive results not political incentives and lobbying. Citizens need to up our game!