In economics, perfect information is a feature of perfect competition. With perfect information in a market, all consumers and producers have perfect and instantaneous knowledge of all market prices, their own utility, and own cost functions.
Perfect information doesn't exist in the free market. Nor does perfect competition.
Reminds me of when my 2003 Infiniti FX45 headlight went out. The dealer told me that I needed a new ballast which would cost $700. I told him I'd strap a fucking flashlight to the hood before I paid $700 for a ballast. I found one online for under $200 and replaced it myself.
Jack Kilby's original integrated circuit Newly employed by Texas Instruments, Kilby recorded his initial ideas concerning the integrated circuit in July 1958, successfully demonstrating the first working integrated example on 12 September 1958.[11] In his patent application of 6 February 1959,[12] Kilby described his new device as "a body of semiconductor material wherein all the components of the electronic circuit are completely integrated."[13] The first customer for the new invention was the US Air Force.[14]
This precisely. In a thousand years, we're unlikely to have anything more than a tiny colony on Mars. And I'm not against pursuing that over time. But let's not throw huge amounts of assets (tax dollars) at a sci-fi pipe dream.
but we've pretty much filled them all up on Earth. Space offers the promise of an unfillable frontier
Filled them up? Yes, the Earth is overcrowded, but far from filled up. I'm just back from Alaska, and wow, there's some frontier, but I digress. No place in our galaxy offers habitable space without creating an artificial atmosphere. You might as well start moving people underground, or into the ocean depths. It would be much lest costly, and oh(!), it's another frontier. No, we'll never again explore in the ways that our ancestors had the opportunity. But yes, we should still pursue space travel even though your great grandchildren won't likely see humans live on another planet. We'll be lucky to do so before some super volcano, or asteroid event IMO.
Don't know why I'm responding to an AC, but anyway...
As the decedent of a German (non-Jewish) immigrant, who had family on both sides of the war, and who met veterans of that war, and who's been to Dachau, and lived in German for many years, let me just say... BULLSHIT. Look into it yourself you lying piece of dung.
I'm sorry, but as a veteran, and gun owner for over four decades, I'm not sure what exactly a "military-grade assault weapon" is. I don't know any other gun owners who care about increased firearm sales either, or what shares you're thinking of in that miniscule thing between your ears. Oh, and I'm even in favor of studying UBI, so take that and shove it.
As a small government fiscal conservative, I still call myself conservative in spite of having some more liberal social leanings. You'd probably call that a RINO. But I'd argue that anyone who thinks that everyone has to follow the party line like a lemming is a mindless idiot.
Regarding UBI specifically, when I first heard about it, my kneejerk reaction to the idea was hell no, not another welfare plan. But, I've done extensive reading on it, and think that it needs to be studied. It could potentially reduce/eliminate a lot of state and federal programs, and all the bureaucracy that goes with that. As we transition to a more automated society, we will eventually eliminate virtually all jobs (probably not in my lifetime, but I believe it's coming), so how do people earn money then?
Colleges inflate those costs because they know that the feds are going to cover it. If you think every company is going to suddenly raise their prices because of UBI, you're an idiot. Learn to recognize the difference between an apple and an orange please.
If the telecoms lost that revenue, they'd need to make it up elsewhere, meaning your monthly phone bill would go up.
Quite honestly, the telecoms should be getting fined for each of these calls as well. The fact that they knowingly permit it makes them an accessory to a crime.
And no, there is no reason to make exceptions for any category of calls, be it political or non-profit.
Unfortunately, there are exceptions for both.
https://en.wikipedia.org/wiki/... Placing one's number on the National Do Not Call Registry will stop some, but not all, unsolicited calls. The following are exceptions granted by existing laws and regulations—and these types of organizations can register with donotcall.gov and can purchase telephone lists from the Do Not Call Registry[7]
The registry only applies to personal calls, not to business lines or business to business calls.[8] A person may still receive calls from political organizations. The organization Citizens for Civil Discourse has lobbied Congress to close this exception by developing a National Political Do Not Call Registry where voters can register their phone numbers and ask politicians to take the "Do Not Contact Pledge". Its database is not backed by the force of law and as of November 2008, only 3 politicians running for office signed the pledge.[9] A person may still receive calls from not-for-profit organizations.[10] A person may still receive calls from those conducting surveys. A person may still receive calls from a company up to 31 days[11] after submitting an application or inquiry to that company, unless the company is specifically asked not to call. A person may still receive calls from bill collectors (either primary creditors or collection agencies). These callers are, however, regulated by other laws, such as the Fair Debt Collection Practices Act, which limits them to calling during "reasonable hours". Some creditors may not call debtors who file for bankruptcy protection.
Slashdot Mirror
But don't those whooshes flow in the opposite direction below the equator?
...at least until the sun becomes a white dwarf star.
What does Peter Dinklage have to do with the sun?
Sweet, we'll be able to do away with Daylight Saving Time then!
Okay, it seemed implied in your comment. Wanted to make sure we didn't have to confiscate your geek card.
In economics, perfect information is a feature of perfect competition. With perfect information in a market, all consumers and producers have perfect and instantaneous knowledge of all market prices, their own utility, and own cost functions.
Perfect information doesn't exist in the free market. Nor does perfect competition.
Your link says nothing about free markets being based upon "a symmetry of information between buyer and seller "
Try again.
Where on Earth did you get that from? Take it back, because it's false.
Not the same. Demand v. supply goes up, so prices go up. That's not the case we're discussing in this article.
It's one company recognizing that it's customers are ego driven chumps and charging appropriately
Stereotype much? No, it means no such thing.
You trust the review on Yelp? Seriously?
Reminds me of when my 2003 Infiniti FX45 headlight went out. The dealer told me that I needed a new ballast which would cost $700. I told him I'd strap a fucking flashlight to the hood before I paid $700 for a ballast. I found one online for under $200 and replaced it myself.
They were probably wearing unevenly because they were out of balance ("shaky").
I'm not seeing that...
Jack Kilby's original integrated circuit
Newly employed by Texas Instruments, Kilby recorded his initial ideas concerning the integrated circuit in July 1958, successfully demonstrating the first working integrated example on 12 September 1958.[11] In his patent application of 6 February 1959,[12] Kilby described his new device as "a body of semiconductor material wherein all the components of the electronic circuit are completely integrated."[13] The first customer for the new invention was the US Air Force.[14]
This precisely. In a thousand years, we're unlikely to have anything more than a tiny colony on Mars. And I'm not against pursuing that over time. But let's not throw huge amounts of assets (tax dollars) at a sci-fi pipe dream.
but we've pretty much filled them all up on Earth. Space offers the promise of an unfillable frontier
Filled them up? Yes, the Earth is overcrowded, but far from filled up. I'm just back from Alaska, and wow, there's some frontier, but I digress. No place in our galaxy offers habitable space without creating an artificial atmosphere. You might as well start moving people underground, or into the ocean depths. It would be much lest costly, and oh(!), it's another frontier. No, we'll never again explore in the ways that our ancestors had the opportunity. But yes, we should still pursue space travel even though your great grandchildren won't likely see humans live on another planet. We'll be lucky to do so before some super volcano, or asteroid event IMO.
Look into the lies of the Holocost for your self.
Don't know why I'm responding to an AC, but anyway...
As the decedent of a German (non-Jewish) immigrant, who had family on both sides of the war, and who met veterans of that war, and who's been to Dachau, and lived in German for many years, let me just say... BULLSHIT. Look into it yourself you lying piece of dung.
I'm sorry, but as a veteran, and gun owner for over four decades, I'm not sure what exactly a "military-grade assault weapon" is. I don't know any other gun owners who care about increased firearm sales either, or what shares you're thinking of in that miniscule thing between your ears. Oh, and I'm even in favor of studying UBI, so take that and shove it.
As a small government fiscal conservative, I still call myself conservative in spite of having some more liberal social leanings. You'd probably call that a RINO. But I'd argue that anyone who thinks that everyone has to follow the party line like a lemming is a mindless idiot.
Regarding UBI specifically, when I first heard about it, my kneejerk reaction to the idea was hell no, not another welfare plan. But, I've done extensive reading on it, and think that it needs to be studied. It could potentially reduce/eliminate a lot of state and federal programs, and all the bureaucracy that goes with that. As we transition to a more automated society, we will eventually eliminate virtually all jobs (probably not in my lifetime, but I believe it's coming), so how do people earn money then?
Despite how much lip-service politicians give to the shooting crime perpetrated by mentally-unstable people...
Um, the context of that is mostly regarding mass shooters, not your typical drug drive by.
Colleges inflate those costs because they know that the feds are going to cover it. If you think every company is going to suddenly raise their prices because of UBI, you're an idiot. Learn to recognize the difference between an apple and an orange please.
If you breathe you're already a victim of surveillance
FTFY
FTFY
If the telecoms lost that revenue, they'd need to make it up elsewhere, meaning your monthly phone bill would go up.
Quite honestly, the telecoms should be getting fined for each of these calls as well. The fact that they knowingly permit it makes them an accessory to a crime.
Yup, the only real issue is the reluctance to hold the telecoms accountable.
Ya, but I'm sure Ajit Pai will get right on that. :-)
As much as I'd like to string up that jackass, the FTC, not the FCC is who runs the national do not call list.
And no, there is no reason to make exceptions for any category of calls, be it political or non-profit.
Unfortunately, there are exceptions for both.
https://en.wikipedia.org/wiki/...
Placing one's number on the National Do Not Call Registry will stop some, but not all, unsolicited calls. The following are exceptions granted by existing laws and regulations—and these types of organizations can register with donotcall.gov and can purchase telephone lists from the Do Not Call Registry[7]
The registry only applies to personal calls, not to business lines or business to business calls.[8]
A person may still receive calls from political organizations.
The organization Citizens for Civil Discourse has lobbied Congress to close this exception by developing a National Political Do Not Call Registry where voters can register their phone numbers and ask politicians to take the "Do Not Contact Pledge". Its database is not backed by the force of law and as of November 2008, only 3 politicians running for office signed the pledge.[9]
A person may still receive calls from not-for-profit organizations.[10]
A person may still receive calls from those conducting surveys.
A person may still receive calls from a company up to 31 days[11] after submitting an application or inquiry to that company, unless the company is specifically asked not to call.
A person may still receive calls from bill collectors (either primary creditors or collection agencies). These callers are, however, regulated by other laws, such as the Fair Debt Collection Practices Act, which limits them to calling during "reasonable hours". Some creditors may not call debtors who file for bankruptcy protection.
Yes. Once again you've proven that you have nothing intelligent to say, so you have to make shit up to fit your agenda.