The term "marketerian" has been proposed to represent a fundamental belief in markets and optimal tax theory. It advocates for taxes that have negative or neutral deadweight loss, such as a carbon tax and a land value tax, respectively. …

many people mistakenly assume that the concept of utility is a meaningless tautology. they believe it's both the thing we're trying to optimize and the thing we're trying to measure. however, this is a fundamental misunderstanding. utility can be expressed as a significant mathematical concept with practical applications. let's imagine…

most companies scale teams and “territory” (namely, codebases) in an unstructured, evolutionary, ad hoc way. i once watched a talk about scaling while staying agile, and it inspired me to illustrate this with a specific hypothetical structure. let’s say we have an organization which can have one or more services…

i recently encountered a stridently market-denying leftist on twitter, and i think their common misconceptions of economics are instructive. at one point i asked: suppose bob and alice have their lottery assigned homes, assigned by you, and they talk and realize they’d prefer each other’s house. …

i often see typescript enums used as constraints for redux actions and the like. for example: enum ActionTypes { GO = 'GO', STOP = 'STOP', } export const goAction = createAction(ActionTypes.GO, (resolve) => { return (payload?: any) => resolve(payload); }); function funcThatAcceptsAnAction(action: ActionTypes) { ... } it would be far…

“cost” is defined as an amount that has to be paid or spent to buy or obtain something. suppose you can buy a cookie at the local bakery for 3$. the cost of that cookie is thus, by definition, 3$. that’s what you pay to obtain it. but what if…

neoliberalism and classical liberalism are both ideologies that advocate for limited government intervention in the economy and for the protection of individual rights and freedoms. however, there are some key differences between the two. classical liberalism, which emerged in the 18th and 19th centuries, emphasizes the importance of individual liberty…

there are two necessary checks a system must pass to demonstrate intelligence. a computationally challenging goal suppose alice hands a note to her son and he responds, “17,375”. at this point, her husband bob has no evidence of mathematical talent in his son. now suppose bob looks at the note and it says, “pick…

my political platform: electoral reform, particularly approval voting, score voting, STAR voting, and sortition/election-by-jury efficient taxes: we should only tax negative externalities (robust carbon and tax on the pollution from cars including tire and brake dust) and land rents. no sales/VAT/income tax or anything of that nature. UBI (to replace virtually all other social programs, with the exception of universal healthcare) ~20k