Claudius

The right answer is build a lot more power.

Making things more efficient is fine too, but we need a lot more power - nuclear power.

And even if they are actually a good analyst of their specialty realistically, they'll be brought on to analyze lots of things outside their expertise & with limited time/information.

My assumption on TV analysts is the overlap between "really great analysts" and "people who are good on tv" AND "people who want to be on tv" is tiny compared to people who can fake 1 and have 2 & 3

If I recall, he has said this is common and had a meaningful effect on his career.

Which yea is a great endorsement of his skills as an actor but has to suck.

Finally, it seems like given their very tight profit margins, "making it up in volume" does for more to explain grocers focus on scale than the change in price enforcement.

If I recall, the biggest stores are like 12%, though? So, being 1/12th the size of the big guys is nothing to sneeze at.

Plus, the big stores are trying to imitate them in various ways.

Or for poor areas of major cities - the 80s was the era of the crack epidemic and I can see a lot of folks who live in those areas being eager to gtfo, making it less appealing to grocers for the same reason.

Eg if it tracks with increased farm consolidation that probably made a given town a poorer place to be as a grocer.

Or if there was less work to be done b/c of machines.

Town of 3k can support what a town of 1k cannot.

It's possible this is the source of the death of local grocery stores (who competed on convenience and when no longer offering the same price/selection list out).

But I wonder how change in population size & make up happened in those areas.

This thread is interesting but this particular post does not ring true.

if anything it seems modern supermarkets very much compete on price, selection, & service. Trader Joe's, Whole foods etc. And the major ones seem to try to follow suit.

It's also unclear to me that criminal events happened.

The obvious just reward would have been letting them go bankrupt, but then that would collapse our economy.

Even in retrospect I struggle to think what a truly good outcome is, except perhaps more demand side support.

America has many flaws but we are not a passive people.

I disagree with this.

It's wrong to say "Americans believe superman is real & wait for him to come "

It's more like "Americans believe superman is real & we all have a bit of him in us & should do what we can"

Happily, capitalism is the most popular of the things listed. A positive sign for our future.

It's nice but just a giant college town.

Wework and Uber have both been hit hard for not being profitable. And ftx was doing fraud in part to be profitable....

I urge y'all to read the last couple of paragraphs of this article carefully. The links between Rafael Correa, as well as members of his party, and narcotraficantes can no longer be hidden.

Go kosher dairy restaurant servers

Every year during the holidays, the New York Transit Museum in cooperation with the MTA sends out an eight-car 1930s subway train for festive nostalgia rides. It's always a big hit! The cars have vintage ads too.

Watched this with some friends and we were just staggered about the whole thing.

But there really are people like that. Thankfully honor doesn't require we duel. Blocking suffices.

That said, I think this is a bad example. Basically everyone trying to make journalism profitable is struggling these days. Idk how much the VCs would differ from anyone else who'd want to make money.

VCs and their growth mindset are (probably) net good for creative efforts. But certainly net bad for long term maintenance.

I think for funding start ups in the defense space the VCs are fine.

I wouldn't want them taking over an existing one though.

Man I feel like all I see people talk about on here is Trump and Elon. And like those guys are important sure but it seems like it's all I see.

Any recs of people to follow who post about like interesting stuff - business, tech, history etc?

I do think about it regularly, but more to ponder what happened.

There are some overlaps with modern civilization, but not really.

I mean on the one hand I get it in the other, probably not really applicable.

Considering it's shitty for revenue in practice the only actual reason is to be a punitive tax on success "to make sure they have less power"

But of course there are many axis of power and billionaires can be quite weak.

Just ask the Koch's how the ex-im bank is doing.

Yes, people who ended feudalism did so by enacting a different system.

I don't support special carve outs for billionaires, what I oppose is specifically targeting them.

I oppose that because it's linked with a larger system that has a horrific record for the humans unfortunate enough to be under them.