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Comment Re:BS (Score 0) 342

If the government spent less than it destroyed in taxes, the economy would shrink, no matter if it were a republican (low tax, low spend) or a Democrat (high tax, high spend) policy.

Economies are much bigger than just the government part. And the non-government part tends to be a lot more productive.

In deflation, it should be a stimulus policy

The fundamental flaw of Keynesian economics is that it conflates economic activity with economic growth. Just because you have a "stimulus policy" doesn't mean that you have economic growth. Japan showed that after the 1990 recession and the US and Europe are showing it now.

Comment Re:There have been more subtle increases (Score 1) 298

I used to see this all over the place, where the non-Amazon sellers selling through Amazon's portal would be discounted to where, with shipping, they matched the Prime cost. Hard to find examples today - makes me wonder about price fixing.

For Marketplace items it's still common though - here's an example: http://www.amazon.com/gp/produ... Both hardback and paperback Amazon marketplace sellers are setting prices that, with shipping, more or less match the prime price. I suspect for marketplace items this is just the cheaper ones sell out, and the more expensive don't.

Comment Re:The Invisible Hand (Score 1) 430

I think the point is that Adam Smith's "Invisible Hand" concept is very nice and dandy in theory, but, as you already seem to be aware, in the real world, the whole "free market" assumptions are mostly not valid (e.g. economical agents are NOT rational, information availability is NOT symmetrical, barriers to entry are seldom neglegible and, best of all, powerful economical agents use their leverage to introduce/modify rent-seeking regulations or other legislation that gives them an upper hand over everyone else), so expecting the market to magically self-regulate (i.e. believing in the "Invisible Hand" or, if you prefer, that supply+demand will actually regulate most REAL markets) is as wishful thinking as believing in any hypothetical, invisible dieties.

You even quoted my post where I complained about the very attitude you show here. I ask again what is the point of blaming a tool for a problem when the problem results from deliberately avoidance of using the tool?

This (i.e. anti-competitive, anti-capitalist legislation and regulations) is what you get when leave a regulatory void and you let companies (or other economic agents) openly buy politicians/legislators/laws: free market at work.

Except that it is not. Buying law is not a regulatory void, but yet another case of too much regulation. In fact, that is a pretty broad symptom common to a lot of over-regulation situations IMHO. A true "regulatory void" would not have the buying of law - it would not be possible.

Comment Re:They should move away from consumer products (Score 1) 177

1) Halt the re-org until you know what you're doing.

That only makes sense for an outsider. If the choice is an insider, I'd assume he was driving the reorg from the beginning.

Release Windows 7.5, backporting all the internal improvements of the Win 8 series which can fit, keeping the Win 7 interface. Expect all your business to upgrade to this, and skip Win 8. It will be the new XP, and you'll support it for at least a decade. Deal with it.

I'm sure it will be called Windows 9 regardless, but yeah if he doesn't get that a phone needs a very different UI than a server, I'm not sure what could keep MS from arcing over into a long decline.

Much more seriously, go to the Research group and academia and work exceptionally hard to make a truly great, innovative ...

I haven't seen anything innovative on the UI side since Gates left. I'd love to see it again, but I suspect it would take a while to find that sort of talent again, and real managerial talent to keep whoever's currently entrenched out of the way.

Comment Re:Meh... (Score 1) 177

I can't believe that Bill gates would lose that job against his will (he might be ready to focus fully on his charity, though). He just has too much stock, too many ties to other long-timers who also control %s, and is just too practiced in Microsoft-specific infighting.

Comment Re:What about me? (Score 1) 533

For a large company, if the result of your hiring criteria, company-wide, shows a racial bias, you're asking for the "opportunity" to prove your innocence. At my current large company we're not supposed to put anything in the interview feedback unless it's both on the short list of approved criteria and we can describe specifics from the interview to back it up. Bit of a pain, really.

Small companies are a different world of course, and I've worked at a couple where the racism was pretty blatant (once for and once against my race - wasn't keen to stay at either).

Comment Re:Why? (Score 1) 374

The crisis in California was not one of electricity, it was one of business greed, and a lack of obligation applied to the right parties, while the wrong obligation was applied to others. That's why I call it the Enron Crisis. They made it happen. And I have no doubts that others would do the same elsewhere.

I already explained why "business greed" doesn't begin to explain the California electricity crisis. A big thing to remember is that if things had gone as planned, the remaining two private utilities, Consolidated Edison and PH&E would have completed deregulation, customers would have been charged the higher market prices during peak load periods, demand would have dropped as a consequence, and the crisis wouldn't have happened. There would have been no huge opportunity for Enron to exploit.

The California state government prevented that from happening and created a huge mess as a result.

Alternately, California government could have relaxed the rules of the market and allowed the three utilities to buy more power outside of the expensive spot market. That actually happened around mid 2001. But it could have been done in August 2000, for example, when San Diego Gas & Electric had first filed a complaint about the issue.

The crisis is appropriately named because a) it was the electricity market and not the Enron market, and b) because the primary culprit wasn't Enron but the California government which acted in a remarkably harmful way for the better part of a year.

Comment Re:California & Texan electricity deregulation (Score 1) 374

As a more in depth aside, your current examples are really weak.

Texas has a thriving electricity generation market. Of the increased costs claimed by the study your link cites, almost 70% came from "stranded costs" payments which weren't market-based (basically paying electricity utilities for losing their monopoly status). That's almost $7 billion out of an alleged $10 billion in additional costs. More came from the cost of building wind power infrastructure.

However, that analysis didn't appear to tell the whole story. For instance, the calculation of balancing energy savings did not account for the multi-billion dollar expense of building new transmission. Neither did it account for the increased cost of purchasing additional backup capacity, known in ERCOT as "ancillary services." ERCOT also has found separately that wind is one of the most expensive forms of power commonly used in Texas, with each megawatt of power costing $53 to generate. And if one figures in its actual operating capacity, then the cost of wind power goes to $80 per megawatt hour.

This was another non-market cost. Looks to me like we can account for almost all of the higher costs paid by customers in the deregulated market from just these two parts that weren't market related. They were part of the deregulation process, but not actually deregulation itself.

Texas (whose companies cheated Californians out of money) politicians mocked California without any empathy. They claimed (falsely) that the problem was entirely California's 'enviro-nazi' regulations preventing supply from meeting demand during the dot-com boom. (false).

They were correct in that the above issues were contributing factors (they weren't "false" as you falsely claim). There were also the defective nature of the markets which allowed gaming of the market (by Enron and other generators and traders) and a remarkably disingenuous California government which interfered in the deregulation of the markets both by allowing the highly profitable Enron games to continue and by not allowing PG&E and Consolidated Edison to complete their deregulation process.

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