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boelboel

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Househelp isn't cheaply and easily accessible for most people in the east, a large portion of people in the east is just poor but you don't consider them in 'most people'.

98% isn't much 15 days ago

This is why discounts are often a bad way to get customers, you don't want the customers who (only) go for discounts, they're often worse (and not just their sensitivity to prices).

While I do agree for the most part, some countries which innovated/used resources/used labor better or at the same level as the US didn't have the ability to just send their surplus labor westward to get some 'free' land. We'll never know how the Swiss would've done if they were able to get a population of 50 million.

Honestly if other countries did the same stuff as Argentina they'd probably be way worse off than Argentina as the country is still relatively wealthy. They were arguably too rich (and not populated enough with 4 million people in 1900) for a while making industry, especially export oriented industry, less viable sort of like dutch disease.

$10 in Brazil/Argentine would be significantly more in the US because of labour costs I assume. Is there any training needed for the inspections/enough people who could do it on a short notice in the US? Could drive up the price even more.

Not that I believe it'll drive up the price that much but I wouldn't be surprised if it ends up being 50-70 USD per in the US.

Yeah I realised the same at some point, most people don't care anyway and we don't really have privacy regardless.

There's no salary you can pay that attracts smart enough people to these jobs in some places (while being fiscally somewhat responsible). It's similar to the problem with doctors in rural areas where wages don't matter.

About 50-55% of homes have AC in Rome compared to 25% in vancouver, I'm sure it'll get to 70-80% soon enough.

Right now it's unbearable but even 10 years ago you had a fraction of the nights with these temperatures (over 23degrees). People are just slow with change and some older Italians are superstitious about the cold air. With costs being difficult for some on top.

Huawei, Foreign gambling sites were banned on dubious reasons in 2006 (in reality American companies weren't as competitive and las Vegas needed to be protected), Japanese electronic tariffs in the 80s/90s ...

US never exactly believe in full on 'free trade'.

Knew a professor statistics from a world renowned institution. He worked in nephrology for 10-20 years and would tell many stories about the worst practices he's seen and researchers pushed him to allow.

Medicine was among the worst if not the worst according to him. Didn't really want much to do with it anymore. Basically a case of subpar statistical knowledge and bad incentives.

He's right though beside the point about NYC (if it were awful why do people pay for it). Americans love the suburbs, i'd imagine most non Americans would like them .

Americans are just rich enough and lucky with geography to be able to have them.

The article acknowledges that rise in vehicle height is only part of it and might explain 10% of the rise. I'm not sure how exactly they measured things but there's no reason things could've gone down while car height simultaneously slowed down the decline.

You're right, what did happen around that time is that founders would be kept in charge of their companies instead of being replaced by CEOs (e.g. Founders Fund). The combination of the founders staying in power facilitated with dual class shares/ZIRP in 2010s (Google had their 2004 IPO) would be more correct.

Google has bad governance, same with many other big businesses in the tech related sector partially because of the extremely generous position founders were in during the 00s and interest rates. In industries with lower margins like chemical/material industry you don't get away with this because managers in these industries are way better at telling value from non-value. There's been activist investors ( e.g. Christopher Hohn) who tried getting Google to run a tighter ship but with the dual stock setup there's not much which can be done.

Because he's a controlled opposition nepobaby with little actual intellectual merit, like many in the sector. Similar to Sam Harris, who's also on the list, with new atheism. Sometimes you just need some people to propagandize and all that's important is that they're loyal.

He's there just to make a certain group of people slightly more okay with some questionable views.

It's been up and down for about 8-12 years. Problems get fixed and new ones get added without a particular direction, at least that's what it feels like as a regular user. Some come back years after they were first fixed.