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A scheme for sampling durable goods first-hand before making a purchase

isn't what you suggest basically just rent to buy type of bussiness?

Insights from Modern Principles of Economics

good point, I would amend that to reducing the marginal incentive to go around poisoning water source then

Insights from Modern Principles of Economics

I am not sure how true is this, but my friend in comsumer protection agency told me that after a particular severe weather event there were a conspiracy to raise roof repair price between most trade workers in the area by not competing on price before the agency crack down on it.

Not even sure if the crack down had any effect to be honest.

I can see the argument that this is natural price raise due to increase demand, but look at it another way it could be seen as artificial reducing supply to increase price.

Insights from Modern Principles of Economics

one argument against price gouging that I don't see bringing up is the 2nd order effect.

I acknowledge that price gouging can have multiples benefits and act as signal and preventing price gouging would inhibit market's direct action.

However, forbiding price gouging also disincentivise  agents from creating conditions that they can gouge others.

one extreme example: if I can price gouge water, I will be incentivised to go around poisoning all other water source to sell my water at a premium.

since I can not sell my water at a higher price, I am not incentivised to destroy water resource.

Covid 9/9: Passing the Peak

I agree, 

tbh it surprised me how infectious the delta variant is. I just could not update hard enough even against what happened in India. 

I do hope that the vaccine push is hard and fast enough, but I suppose we will see how it is going to turn out in the next 2 weeks.

this quote from NSW health is giving me hope

Across NSW, 78.1 per cent of the over-16 population has received a first dose COVID-19 vaccine, and 45.6 per cent are fully vaccinated to

Covid 9/9: Passing the Peak

Australian in NSW [heaviest hit region currently] here to provide singular data point.

for my personal life, 0.92 QALY for covid lockdown seems reasonable. But I am generally an introvert and tend not to go out. My friends and families are also mostly tech-literate and able to keep in touch online. I change relatively little of my habits. 

It is certainly much harder to do business 

The lockdown is not that strictly enforces [by my personal experience] and sounds worse on paper than it actually is. Mostly just security theater.

I was unaware of the Government censor on Facebook.

I agree that the government interventions are more to appear to do something than actually doing the things that could have an impact. But I assume that this is the problem with all democratic governments. Heck, at work my co-workers are still arguing for harsher lock-down while being openly anti-vax. You just can't win.

df fd's Shortform

raise doubt on issur

Any recommendation for reading material for pre-school children [3-4 yr]?

I was mainly inspired by jefftk series on raising his children.

I do believe that he is using techniques not usually employed by other groups. [heck his post frequently got to the front page and hundreds of upvote on so I assume it has something to do with the rationality culture]

I also believe that children's literature reflects the culture that creates it. Their value and beliefs. I am not content with just Disney culture and I am trying to find an alternative.

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