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Joined 2 years ago
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Cake day: August 22nd, 2023

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  • Well the baker, knowing that everyone has twice as much money, puts his prices up because he knows the market can bear it. That’s the way I reason it.

    The good news is this simply doesn’t happen (in civilized modern countries).

    People with more money don’t buy twice as much bread, they buy other things.

    The bread maker is still competing with milk producers and video game makers and artists.

    You can read about price elasticity for more details (and to not just take my word for it.)

    Highly inelastic goods (water, transportation, eggs) are the most likely to have runaway price increases.

    But civilized countries already have public options to supply these items at cost :public water, public transport, food stamps.

    This means we already have the necessary buffers against any impact by UBI. Any provider of an inelastic good who raises their price too far loses business to the public option.

    Schwinn and Ferrari will all see slightly more sales with UBI as a few people use their additional income to purchase a bicycle or a supercar, but the bus lines must still run to keep them honest.

    The risk is minimal because we already know what public consumption of these goods looks like, when they’re free or heavily subsidized, in each civilized country.












  • “The Mandalorian” is fantastic space western, and worth watching for what it is, if you can ignore the Star Wars connection.

    It might tempt you to also watch “Boba Fett”, which does not stand in it’s own at all, but does weirdly contain a couple of good enough bonus episode of “The Mandalorian” for marketing reasons.




  • EnsignWashout@startrek.websitetomemes@lemmy.worldEvery kid's dream
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    1 month ago

    Thanks for the heads up. I’ll be buying one at the first opportunity.

    My other action figures are going to have to stand in the shadow of the glory of “it’s just Jack Black, I guess”.

    (No sarcasm. I’m really going to buy this. I love the idea of Jack Black just playing “Jack Black”.)