kenmicklas's comments

_k3an | 7 years ago | on: Companies controlled by PE firms use bankruptcy to shed pension obligations

Instead of calling my argument horrendous with no justification, maybe you could try engaging with it. I, too, would like to just call you a right-wing libertarian nutjob or something like that and move on with life, but hopefully something better can happen. :)

> Either way the child is inheriting economic wealth they didn't produce

There isn't a whole lot. But you're missing the point of parenting. Hint: it's not financial support. You can't write a baby a check for $1M, plop it down in an empty house and expect it to live a good life. After you die you're not doing any of the stuff that actually makes having a parent valuable to a child relative to receiving the necessary financial support (which will not even be available to working class children under your proposed system).

Maybe if you were confident your children would be adequately taken care of if you died, you wouldn't have to work so hard saving up a nest egg and would actually have more time to be a parent.

kenmicklas | 7 years ago | on: Trying to ‘Save’ the Rural Economy

I think these enormous tracts of suburban and rural land that were populated with government subsidies and no real economic reason to exist should be slowly and gracefully depopulated, with people settling denser areas (which we have a scarcity of, due to racially motivated zoning laws and other policies). We also need to do a better job of limiting sprawl so that people living in cities are closer to nature and don't have to travel through hundreds of miles of suburbs to "escape".

People act as if all these small towns are growing our food and are vital for the national economy when in reality the vast majority of them consist simply of the industry required for their local suburban/rural existence (schools, supermarkets, hospitals, road maintenance, etc.).

The places that are actually productive (e.g. large agricultural regions) of course have to stay but these are relatively not so populated to begin with (and use less and less labor every year). People have no idea of the magnitude of distortion that props up the myth of the small town in America.

Policywise, I think a gradually introduced land value tax and carbon tax (replacing to some degree property and income taxes) could do a lot to enact this restructuring in a "natural" way.

kenmicklas | 7 years ago | on: Trying to ‘Save’ the Rural Economy

> They offer a certain quality of life many desire.

But at an enormous cost to the environment, tax base, and economic resilience of society.

It's legitimate for people in the cities to ask whether they want to keep subsidizing this lifestyle, and whether a better kind of arrangement of land use can be achieved.

kenmicklas | 7 years ago | on: Photons, Quasars and the Possibility of Free Will

How is it science? We literally have direct empirical evidence that suggests the contrary, but physicists do complicated mental gymnastics to come up with other explanations that fit their preconceived notions better.

kenmicklas | 7 years ago | on: Drug cocktail almost doubles lifespan of worms

On an aggregate scale it doesn't make sense to talk about a system based on "saving". You can't eat money in retirement.

So retirees are always extracting some fraction of the productive output of current labor. This fraction can go up or down depending on the economic growth rate and expectation of standard of living of retirees.

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