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March 11, 2021
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osu-fd
Gradnium Discussion
3y
RE: Week 15 -- Question about successful market entreprenuers
Success is a subjective measure. However, in terms of providing a service to the market, Bill Gates and related technology entrepreneurs are the most successful. Their technology has improved nearly every
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Gradnium Discussion
3y
RE: Week 15 -- Question about government subsidies in the U.S.
There may be a case of acceptable subsidies; however, it is not for profitable conduct. The one case of acceptable subsidies would be for conservation efforts or other genuine environmental considerations.
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Gradnium Discussion
3y
RE: Week 15 -- Question about government subsidies
In short, yes. Subsidies for starting or operating a competitive business, per se, are always a bad idea compared to the alternatives. The awarding of subsidies create an economic incentive to lobby the
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Gradnium Discussion
3y
RE: Week 12 -- Question about the definition of an expert
An expert is a person who have an in-depth level of knowledge about a subject and is paid to apply that knowledge to problems. I would argue Dr. Koppl's definition is not for experts per se, but professionals.
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Gradnium Discussion
3y
RE: Week 12 -- Question about expert failure and the pandemic
We have certainly seen examples of failure in experts during the COVID-19 pandemic. The first, and perhaps most famous example, is the death estimates from the Imperial College model. One of the fundamental
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Gradnium Discussion
3y
RE: Week 12 -- Question about the prevention of expert power
The best way to prevent expert power is to remove the incentive or ability for an expert to gain power on the basis of the dire nature of their predictions. The private sector has a number of avenues to
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Gradnium Discussion
4y
RE: Week 11 -- Question about your opinion on Tamny's talk
I disagreed with the idea there is no role for the government in terms of an epidemic. I think border are a useful way to prevent the spread of disease. Furthermore, I think the first set of lock-downs,
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Gradnium Discussion
4y
RE: Week 11 -- Question about how the pandemic changed views of politicians
I cannot say my views changed as a result of the pandemic; while it allowed me to focus at lot more on their actions, it did not change my overall view. I was quite critical of the government and of public
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Gradnium Discussion
4y
RE: Week 11 -- Question about how politicians reacted to the pandemic
To a large degree, I agree politicians overreacted to the pandemic. If we knew then what we know now, we would not have shut down. While there are certainly some deaths in younger age brackets, most deaths
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Gradnium Discussion
4y
RE: Week 10 -- Question about universal healthcare in America
I would strongly argue against a universal healthcare system. Once you implement a universal healthcare system, you are married to the system. You would pay a much larger amount in taxes, and you would
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Gradnium Discussion
4y
RE: Week 10 -- Question about the current healthcare system in the United States
The biggest issue in US healthcare is the third party payer. In American healthcare (as it is in much of the world), the patient is not the customer. Instead, medical care is structured in a way that best
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Gradnium Discussion
4y
RE: Week 10 -- Question about private healthcare in a universal healthcare system
This would depend on both your definition of success and system. People also look for alternatives if they are not satisfied with the options presented to them. In a market economy, this means changing
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Gradnium Discussion
4y
RE: Week 09 -- Question About Section 230
Yes. Increased regulations generally increase the size of companies and reduce the number of newcomers to the market. Industries such as pharmaceuticals, which are highly regulated, are dominated by a
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Gradnium Discussion
4y
RE: Week 09 -- Question About the Government Breaking Up Big Tech
The problems associated with big tech are not a function of their size, per se. It is the misleading, somewhat coordinated, and coercive nature of their actions. They mislead the public about how they
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Gradnium Discussion
4y
RE: Week 09 -- Question about Section 230
I am generally for keeping Section 230 per se. While I find the acts of Facebook, Twitter, and Amazon Web Services in the last 1-2 years to be contrary to the values of a free and open society, specifically
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