kenmicklas | 7 years ago | on: Anxiety and burnout: why kids are consumed with worry
kenmicklas's comments
kenmicklas | 7 years ago | on: Companies controlled by PE firms use bankruptcy to shed pension obligations
_k3an | 7 years ago | on: Companies controlled by PE firms use bankruptcy to shed pension obligations
> 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: Companies controlled by PE firms use bankruptcy to shed pension obligations
kenmicklas | 7 years ago | on: Companies controlled by PE firms use bankruptcy to shed pension obligations
kenmicklas | 7 years ago | on: Living paycheck to paycheck is disturbingly common
kenmicklas | 7 years ago | on: Companies controlled by PE firms use bankruptcy to shed pension obligations
kenmicklas | 7 years ago | on: Companies controlled by PE firms use bankruptcy to shed pension obligations
kenmicklas | 7 years ago | on: Living paycheck to paycheck is disturbingly common
kenmicklas | 7 years ago | on: Living paycheck to paycheck is disturbingly common
kenmicklas | 7 years ago | on: Companies controlled by PE firms use bankruptcy to shed pension obligations
kenmicklas | 7 years ago | on: Trying to ‘Save’ the Rural Economy
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
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
kenmicklas | 7 years ago | on: Photons, Quasars and the Possibility of Free Will
kenmicklas | 7 years ago | on: Photons, Quasars and the Possibility of Free Will
kenmicklas | 7 years ago | on: Drug cocktail almost doubles lifespan of worms
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.
kenmicklas | 7 years ago | on: Winners Take All: The Elite Charade of Changing the World [video]
kenmicklas | 7 years ago | on: How Manhattan Became a Rich Ghost Town
kenmicklas | 7 years ago | on: Scientists are looking for ways to put the simulation hypothesis to the test