Professional economist here (hence, perceived as right wing) who began studying economics due to concern about climate change (hence, perceived as left wing).

[1] The classic statement of when markets 'work' is the 'first fundamental theorem of welfare economics'.

[2] 'work' in this sense means 'leads to a Pareto-optimal outcome', which means an outcome in which no one can be made better off without making someone worse off. This is a low standard: an outcome in which I have everything is Pareto-optimal.

[3] the conditions for the welfare theorems are generally not satisfied in practice. Here, as alluded to in the ad, carbon emissions are 'externalities': if an oil company sells you gas, which you then use, both of you are better off, because you're assumed to have taken into account the effects of your exchange, and decided to proceed; other parties have not, so may be worse off.

[4] in general, failure of the welfare theorem conditions isn't enough to make the case for government intervention: the outcome may still be 'constrained' efficient - meaning that, given the inherent constraints in the problem (e.g. asymmetric information), the market outcome is Pareto efficient.

[5] again, even if it is, you may not like the particular constrained efficient outcome the market yields (e.g. I get everything).

[6] in the case of externalities, the theory is pretty well established - if we want efficient outcomes, we need to align the private and social costs. There are two basic market-based tools for doing that: quantity tools (e.g. carbon permits) and price tools (e.g. carbon taxes). Which performs better depends on the sort of market imperfections.

[7] obviously, we will never have a perfect estimate of the efficient price or quantity of carbon to emit in a given year. Equally obviously, to me at least, this is a classic case of an externality with a well developed body of theory pointing in the direction of some level of controls.

[8] in my experience: people familiar with the economic theory tend not to be 'pro-market' or 'anti-market': they tend to want to understand how the market can be used to deliver societal objectives and, when it can't, how to correct its imperfections.

Pretty cool even without VR. There are 3 pyramids. He aims for one of the two big pyramids. Drag the video to keep the large pyramid (on the outside) in the center of the screen and you get a sense of how he moves through the air.

...and since am already here...

we don't know the details, yet. but seeing how this comes along with the Pelosi attack, it does make one wonder. what if? that, this and after Jan 6 - it'd make anyone gun-shy (wingnut-wise)

also, would contend that it makes little sense to start the comment w/logic and reason (am w/ya on 'let's wait') but then follow with phAWK noo-ze 🦜 nonsense...

...but the audaciously of complaining about anyone hiding in a basement...Cruz and the not-so-great Pumpkin...is too Goebbelesque to be believed.

getit 'tho. just following what they tell you. 🦊or want to believe.


Tangentially, makes a person wonder 'bout Lake's stability. as a newscaster, one would think she'd be interested in some level of journalistic integrity. if she is unable to discern fact from folly - she wasn't trustworthy at her former job. so why trust her a governorship?!! she's more of an actor than a producer.

Your video, The Queen's sense of humour remembered..., has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

The Queen did have a sense of humour. But there's no way the Paddington skit wasn't scripted (the Bond bit too, probably). Shouldn't include it here.

yeah...it's the situation where a person doesn't burn down the house to get to the cockroaches...unless the house is condemned...and there are fire folks at the ready...and the vegetation isn't too dry...damn it...just want some sense when lives are in the balance.

where it'd be like shooting into a crowd to get a perp. akin to the recent event - where cops shot into a crowd to get a perp!

Gonna help you get through this...

Bongo isn't worth the spit. Sharing nothing as he has no grasp of history. I do...but am fairly well-read...and am open to learning the good/bad/ugly of American history. Check out the '60s and the LBJ administration. Find a book by a real historian. Answers should come by seeing it for yourself. Or, magically, given the chance to think about it objectively.

will admit was against Uncle Thomas from the beginning. anyone w/sense knew a black man was going to be appointed but who he was replacing was almost too much to bear (like the scene in Raiders of the Lost Ark - a jewel for a bag of dirt). never appeared to me to be overqualified or a cognitive powerhouse. believed he'd be what he is. seat filler.

so was biased in that regard. knew how to judge the judge.

in a wider view - we are all biased in some regard. hard not to be. science has shown even our brains give us bad info. racism exists everywhere - no one group is immune. 'tho some use it as a tool to get other tools to act like fools (ex: Jan 6). i.e. don't use bias to prove bias. like trying to wash in dirty water.

Can't help w/the other vids 'cause they smell of BS. Open-minded doesn't mean Open Holed. Don't have to be an outhouse. Don't want to step in it - why roll in it?

I'm no different from everyone on earth. If I'm a Creator, then everyone has the same right to be a Creator.

See, although I'm a Christian - which I define as agreeing and following Jesus' vision and work. All those non-scientific Old Testament, New Testament resurrection, Heaven & Hell, post-death promises stuff I leave it as Faith. I don't classify a baptised church-goer as Christian.... CIt's stupid taking in the Bible in strict literal sense. So many contradictions, the truth is the Bible was oral history passed down to generations of ancient writers, made inconsistent by translations and interpretations and other cultural & historical factors. A sensible person that can think criticially need to understand the backgrounds and intent. Don't be lazy and don't buy wholly into words coming out of pastors' mouths. You have people with lots of personal, ulterior motives to call themselves Christians. I don't buy any of those crap... nor care for any association with those people. Again, gotta pass the smell test.

John calls the liars out...and dares interviewer/news reporters to fact it/him...

https://www.youtube.com/watch?v=FUAco6guw8Q

...seems my spider sense makes sense.

then you laugh from head to toe.

please try to define the 'unhinged' part? what is so funny about caring about others not in your family, in your Party, not in your field of ideology, or even in your state?

that's the separation. deep empathy versus emotional apathy.

the morality of putting an unattached stranger's judgment ahead of a woman and her doctors is more heinous than holy. the facts bear this out.

would spend more time 'enlighting' but doubt that's your gig: b/w. by-the-book. my way or the highway.

hard to grow flowers in a salt mine.

* * * *

also amazed by the amount of less-than-stellar perspicaciousness of people that use 'stupid' as a counterpoint.

B: "yer just stoopid."
L: "oh. that's why you don't make sense." {how does this guy find his ass to wipe? nope. doesn't have to. he laughed it off.}

* * * *

buy their albums. save them. support them. rescue dying fetus from annilation.

good questions. likely quite a bit of 'net research to find them, unless one has #'s and their Russian is decent.

while one has them on the phone, find out what type of can that was.* it would make sense they'd have no traq guns 'cause it looks like they have no decent can openers. the can looks like it was hacked opened with a knife?*

*is potato?

Lol. Well, I did figure out WHY you need to repost this over and over, and why you just can’t stand that it won’t stay posted. Distractions only work if they’re in your face, and you need some serious distraction from the daily proof that Trump and his cult tried first election fraud then a violent coup against America to hold onto power, and that you are complicit in that and still support it.
Don’t be bitter, you know you’ve said you think I’m smart and informed. I know this is just sour grapes talking.

Which time?
It was discarded the first two times because it’s terrible vitriolic propaganda attacking the family of politicians, people who have no political position, put out by the same people who said for 6 years that family was off limits, even though every member of his immediate family was forced into top government positions despite being totally unqualified and incapable of getting security clearance.
The third time it was discarded because you are spamming it repeatedly, trolling the sift by reposting it over and over and over, and me directly through comments too, and weren’t smart enough to not telegraph that you were doing it to harass me….specifically against sift rules.

Why am I not surprised you don’t understand? Following rules or laws doesn’t make any sense at all to you.

I hope this brings you understanding, but I somehow doubt it will.

Clearly better than you, as I don’t just make up numbers or ignore losses of 1/8 the value and pretend they never happened. Also I seem to know what Elon has stated as his plans for the business better than you, I knew he plans to fire 10% across the board while you are convinced he’s going to expand.

Cherry picking?! You said down from its high this year, I went from Jan 3, it’s high this year, to yesterday’s close. Now you call that cherry-picking?
It’s not about a date , dummy, it’s about it’s high for the year, the point YOU picked. WTF is wrong with you?

If chicken was overpriced by 7 times but other meats aren’t, and then chicken dropped by 20%, it’s still a TERRIBLE buy. Same with Tesla, but chicken isn’t also priced based on how nutty Foghorn Leghorn acts, Tesla is, and Elon is acting CRAZY. I’m somewhat surprised you stick with him, Trump has totally abandoned him and now says Tesla is a terrible investment. Even if you stick it out, lots who listen to Trump are getting out. That’s going to hurt for a while. Another self inflicted wound.

Yeah, sure buddy. Just keep telling yourself that. Tesla is dropping off a cliff, unlike other car companies, and it’s all Biden’s fault (only the losses, not the gains). Tesla’s losses are self inflicted, and there’s more to come.

Growth is good, but you must ignore that it was so insanely overpriced that it really doesn’t matter, the price is not tied to any growth or income, it’s pure speculation…PE still 110. A decent PE is below 20.
Record capacity….but it’s never been close to full capacity so that’s meaningless. It’s still stymied by chip availability, battery availability, and parts availability for their battery factories so they can’t even make their new batteries their new car models require, and Tesla isn’t first in line for chips, Ford and Chevy are. If you could only produce 100 cars a month and now you made 103…that’s record production, but still failing miserably.

https://www.reuters.com/business/autos-transportation/musk-says-teslas-new-car-factories-losing-billions-dollars-2022-06-22/

Edit: Not a good sign that cybertruck and the electric semi truck are now delayed indefinitely. Ford is going to beat Tesla to the pickup truck market with a truck that doesn’t look like a bad 80’s sci-fi movie prop. If major semi manufacturers do the same, and manage to solve the weight limit issue two expensive product lines will totally fail. Elon is clear, neither will be released this year, next year is a maybe at best….but as designed they aren’t competitive with diesel trucks for range or load capacity.


Yeah, sure, everybody else is hurting Tesla to hurt YOU. It’s not slumping because it’s in financial straights, can’t produce cars anywhere near full capacity (or at a profit yet?), is burning through BILLIONS every month, and has an owner that clearly doesn’t care one whit about tanking the stock with impulse moves like offering $45 billion for a company not worth $20 billion.
I don’t let politics control my investments….and mine have not lost 32% this year, you have (and you pretend it’s only 20% because you lie even to yourself).

Again, if it grows 50% (and I don’t think Tesla has btw) but is overpriced by over 10 times (it was in Jan) it needs to keep it up for 20 years with no stock increase to break even and actually be worth the price. Any stock with a PE over 100 is horrific.

You claimed down 20% this year, then blew up when I showed it’s actually down 32% and massively overpriced. Why on earth would anyone take advice from someone so dishonest with even the values? Especially someone so divorced from reality as you?

Tesla is losing subsidies, can’t produce at profitable levels,and SAID they’re downsizing by 10%.
Yes, the EV vehicle category is due to explode, but Tesla is at full capacity (as much as they’re capable, not full factory capacity) and is about to get MASSIVE competition from the big 3, with insanely more production capacity, better supply chains, and subsidies they haven’t burned through yet. Tesla can’t keep up with demand, but they’re nearly the only game in town….but not for long. Expect demand for Teslas to plummet when electric Mustangs, Corvettes, SUVs, pickup trucks, etc start rolling off the lines in big numbers later this year, EV’s that are on par with Teslas (or better) and that customers don’t have to wait a full year for delivery…there have been multiple times recently when Elon said he would stop taking orders because he can’t produce them.

We had an apple in the home by ‘80, and stock soon after. They weren’t at a PE over 100. They also were doing terribly before they gambled on the cell phone industry. Derp.

There’s a reason you think I know everything….I can read. When there’s a topic I’m ignorant about, I read about it, and don’t just look at one source. I try to get multiple different opinions, the facts, and history of any topic, then reply. You listen to admitted liars and nut jobs Alex Jones or Beck and think you know it all. Lol. Such a silly, constantly projecting little boy you are.

Really….it’s certainly something to Tesla. Yes, I want him to be held to the contract he signed. Yes, it will hurt Tesla more than the $1 billion drop in assets for NOTHING, because it’s an undeniable example of Elon’s recklessness and poor business sense. I don’t care one whit if he buys or not, I want him to follow the contract he signed. If he does buy, though, it might end Tesla. $45 billion from its coffers (for assets worth well under $20 billion) would be a death nail.

MSNBC agrees with me? News to me. I come to my own decisions, little boy. I don’t need them spoon fed to me, and I understand why I invest as I do. I made money this year, did you?
(I know, if you’re honest about being all in on Tesla, you lost massively, 1/3 of your portfolio in 6 months, and you still think you’ve got it all right, you know everything there is to know about investing, so much you spend lots of time being an unpaid salesman for Tesla, a stock that’s losing money hand over fist and is overpriced by at least 6 times according to professionals).

I’m one gullible dude?!? I AM!?! Er mer gerd, that’s some serious hard core projection (and a little tissy fit).
ROTFLMFAHS!!!

As if you don’t know.

He TRIED to defraud the election, repeatedly, by asking Republicans to “find” him thousands of fake votes and to invalidate millions of valid votes for Biden. He TRIED to defraud the election by pushing over 60 frivolous lawsuits designed to do nothing but destroy confidence in our election system, not because he believes it but because he knows he lost, and assumed some of his appointees would subvert democracy for him. He TRIED to defraud the election by sending fake electors with fake credentials and trying to get Pence to fraudulently certify them instead of the real electors, and he TRIED to send a well armed gun, spear, sword, knife, and bomb toting crowd to violently stop the certification and try to install him as dictator for life.
Each of these is an attempt to overthrow the duly elected government. Don’t you feel dumb for asking? Aren’t you embarrassed you need it explained?
He failed on all counts because he’s an incredibly dumb loser and so are his people….but he made plenty of effort trying to overthrow the government by force when he failed to defraud the election successfully.

Clearly 10000 violent rabid people…you now admit 1/5 of them, exactly 2050, were armed, (oddly specific, what do you know?) the true number is probably more…who couldn’t be stopped by the minimal police presence and severe restrictions on their response that existed (they eventually were stopped with deadly force, but they should have shot the entire crowd the moment they broke through barriers), and Trump refused to deploy more, to call out the national guard, or even tell people to leave….but when it’s BLM peacefully marching unarmed in front of the whitehouse in a public area he was able to deploy military forces without hesitation.

Investigating a murderous mob attacking congress doesn’t make sense to you. (It would if they were liberals). Nothing makes sense to you, that’s the problem with listening to Trump. Either he’s right, or reality is, and you like him better. You really, no kidding, not joking or being smarmy, need serious mental help. You have split from reality and are likely a danger to yourself and others. I know it hurts to admit you are a traitor to your country, but admitting your mistakes is step one towards correcting them, otherwise you just continue to be a traitor and get crazier and crazier defending the indefensible.

So sad, Bobby. Just so sad. That you could even consider asking such a stupid, unAmerican question only proves how anti American you really are.

What did he do to "overthrow" the Government?

You think 10,000 people walking the halls of DC could not be stopped?
How many were armed? 20 50 ?

yea that will do it.

Your reasoning is so skewed, it does not even begin to make sense.

Batting fouls and grounders suck But keep swinging the bat. you might even get a real hit.