Tag: moral hazard

Pluralistic: The Golden Rule (them what has the gold makes the rules) (25 Mar 2023)


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The Doctrine of Moral Hazard

When it comes to self-preferencing, right wing economists are right: incentives matter.

A referee in a striped jersey extends his arm to make a call; perched upon his arm is a vintage newspaper political cartoon of Roosevelt as a trustbuster, swinging a club.

Last week, the House Judiciary Committee spent 23 hours debating a historically unprecedented package of tech competition bills, surprising observers by passing all six of the legislative proposals under consideration, with bipartisan support.

Each of the six bills is interesting in its own ways — for example, the ACCESS Act (HR 6487) uses interoperability and standards to reduce the costs we bear when we leave monopoly platforms behind, by letting us stay in touch with the friends who stay.

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Pluralistic: 02 Apr 2021


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Pluralistic: 10 Feb 2021


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Pluralistic: 31 Mar 2020

Today's links

  1. 100 Ideas for Dungeon Masters: Based on the Pathfinder Bestiary, readily adaptable for other systems.
  2. Attack Surface author's note: My latest podcast is the afterword from the third Little Brother book.
  3. Trump admits voter suppression: Proving intent was never easier.
  4. Reality endorses Sanders: Pandemics have an obvious leftist bias.
  5. Amazon fires walkout organizer: Low waged workers, doing the most important work in America, exposed to lethal risk.
  6. Monopolists stole your respirator: Dying a gasping death is pareto-optimal.
  7. Corporate welfare vs food stamps: A billion here, a billion there, pretty soon it adds up to real money.
  8. How viruses experience social distancing: XKCD mixes atavistic satisfaction with science communications.
  9. Scarfolk pandemics: This isn't the worst timeline after all.
  10. This day in history: 2005, 2019
  11. Colophon: Recent publications, upcoming appearances, current writing projects, current reading

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Pluralistic: 24 Mar 2020

Today's links

  1. This year's Nebula Awards will be held online: It's $150, and raising funds to bail out corona-shattered writers.
  2. Make America Well Again stamps: from the artist who brought you the Trump Zero Cents stamp.
  3. Data is the new toxic waste: It never was the "new oil" (my latest podcast).
  4. Stock Jump: A ski-game that lets you play the stock charts of cratered businesses.
  5. Murdering 20% of elderly Americans is bad strategy for the GOP: Terrified old people are the turkeys who vote for plutes' Christmas every four years.
  6. Join me on the Quarantine Book Club: April 1, 3PM Pacific.
  7. The Party of Death: It's a good time to buy exterminism futures.
  8. Financial stability vs economic stability: Debts that can't be paid, won't be paid.
  9. Quarantine reveals the falsity of the automation crisis: Augmentation isn't replacement.
  10. Bailouts and moral hazard: If we never teach big business, it won't ever learn.
  11. MIT's ingenious manual/automatic open source ventilator: Now in FDA testing.
  12. This day in history: 2005, 2010, 2015, 2019
  13. Colophon: Recent publications, current writing projects, upcoming appearances, current reading

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