This guy sent a valuable price signal by buying early providing information to producers to step up production to meet increased demand while building up a stock that would smooth consumption and he got screwed for it. https://twitter.com/jacknicas/status/1238849786356224000 …
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This happens because envy is a constant temptation that would have to be socially suppressed and no one is shamed and discouraged from expressing but instead is encouraged to do so because it's useful for progressives to have an angry mob when they want one.
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The replies to that are people expressing the desire that there should simply be more hand sanitizer - as if by magic That's impossible and no one has told them so - why? So someone like Gov Cuomo can make a speech about how the fat cats are making a killing at your expense
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This is the exact same behavior that - rightly! - makes men billionaires in the financial market - price signals are complex and it's valuable to get them right. If this guy ran a hedge fund he'd be looking at an 8 figure bonus check for going short on airlines
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Some people will read that and think it's a condemnation of hedge funds
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Let's contrast with this. The NY Times thinks that withholding information that could *save people's lives* if those people don't pay the NY Times is worth it. When will the government shut down the NY Times for information profiteering?pic.twitter.com/Txl5bXx9Yx
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