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Comment Re:Using an economic lens (Score 1) 77

I think they are holding out to sell the buildings at full price.

Never gonna happen. Full price was before 10 years of decay and rodent infestation + neighborhood gone to shit. Nevertheless, high supply, low demand is supposed to result in low prices.

What a nice idea! But then the commons are not only not commons, but they become properties and whatever herdsman gets the biggest herd will buy it all up and you get a monopoly.

One, how so if the agreement is ownership in common. And two, how is it worse than it all being owned by a (land)lord who rakes in the better part of the profit while considering herding animals to be beneath him?

Sounds like you drank the cool aid.

Comment They've already lost the 5G war to TMO (Score 2) 38

It will be interesting to see how VZ positions itself as its market share erodes. These layoffs are a very temporary band-aid to their very high SG&A costs. They still operate like an old school monopolist carrier. Consumers and businesses have more choices these days and VZ is going to have to re-learn how to earn their business.

Comment Higher end Samsung Galaxy tabs (Score 1) 127

Those have worked pretty well for me. The downside is that Samsung's longer-term support is spotty, at best. It's disheartening to buy a relatively expensive tablet and then 3 years later it is no longer getting updates from Samsung even though it's perfectly fine from a hardware/speed standpoint. So I eventually just caves and started using an ipad. A little pricey, but it works and I'm not sweating the support suddenly vanishing.

Best,

Comment Re:Rationality versus rationalism (Score 1) 77

That smells a LOT like BS. I'm just going to eat all this food in your pantry to make sure you don't get food poisoning, and such.

Compare, instead of the nobleman charging rent, the herdsmen do get together and own the commons in common, working out a fair deal between them for sustainability.

As for the NYC situation, if there's a glut, why don't prices fall? Where are the buildings for sale cheap to someone who wants to do a residential conversion?

Comment Meh... (Score 1) 112

While I concede that not every person on the planet has a smartphone and not every smartphone owner wants to install an app to manage their boarding pass (frequent flier details and other things as well), it is a LOT easier to manage that way if you're a frequent traveler. The only times I have used a paper boarding pass for the last 15-ish years is when I didn't want to bring my phone to my destination (i.e. China).

I'm guessing that Ryanair has done the math and decided that they don't care if the folks who prefer paper passes choose another airline. Perhaps the cost of supporting that option exceeds what they expect to lose by some people choosing another airline.

Comment Re: It's in the effort. (Score 2) 88

Most of the second guessing of the pilot seems to assume the pilot could press pause and work out the alternatives on a chalkboard for an hour or two and then resume real-time with a solution in hand.

The fact is, it all happened in a handful of seconds. I doubt the pilot even had time to fully assess the problem before hitting the ground.

Comment Re:Humans are logical in their self-interest (Score 1) 77

The problem is in the solution. Rationally, those Herdsmen need to hash out an agreementfor the fair use of that land to keep it just below it's carrying capacity.

But what really happens that some 'nobleman' declares the entire commons to belong to him and sends a goon squad to wipe out any herdsman who disagrees. He then 'allows' the herdsmen to use the land in exchange for a painfully large share of their productivity. For some reason he expects gratitude for that arrangement.

Alas, we've moved beyond even that. Now the 'nobleman', seeing that the herdsmen are making do with a smaller commons over the hill but unable to grab control of it sends his goons to salt the earth overnight so the herdsmen will have to 'rent' land from him.

But even that isn't enough for some. They want more 'rent' than any herdsman can pay while still making a living. So they leave the field fallow while trying to grab even more land. For some reason they think they can squeeze blood from a turnip.

If you find that unbelievable as an analogy, explain why there are entire blocks in NYC that haven't seen any space rented in over 10 years, yet the asking price hasn't budged even as the neighborhood has been given over to rats and junkies.

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