The trap I *don't* want to fall into is claiming that all is well. Wages have stagnated while healthcare and higher ed pricing skyrocketed, and both systems are regulatory fortresses. Regulatory capture via licensure and accreditation is locking in profit for the current players
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The healthcare/education monster is unavoidably a private interest + government collaboration. Moreover, the collaboration has grown so complex and labyrinthian that it's unclear how to attack it. And it's moot anyway, unless it sounds better than "boo yachts, free college!"
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Here's what worries me: whether via a punitive income tax bracket or a wealth tax, you're hitting a group that contains some game-players and many more value-creators. If you don't first solve the regulatory capture issue, you funnel the gains straight back to the game-players.
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If we bet on a policy as aggressive as Warren's wealth tax, it'd become nearly impossible for ultra-successful entrepreneurs to maintain controlling stakes in their own companies over 1-2 decades. It should not be controversial to say this would be disastrous for the US economy.
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Find me a politician who's saying "we need to prevent the AMA from artificially bottlenecking residencies" or "we need to reorganize higher education around student career expectations and implement elements of apprenticeship." Then find me a voting populace who wants to hear it
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Replying to @webdevMason
I don't know about a voting populace, but:
@AndrewYang wants to increase teacher pay: https://www.yang2020.com/policies/teacher-salaries/ …, provide life skills education: https://www.yang2020.com/policies/life-skills-education/ …, vocational training: https://www.yang2020.com/policies/promoting-vocational-education/ … and control the cost of higher education: https://www.yang2020.com/policies/controlling-cost-higher-education/ ….3 replies 0 retweets 9 likes -
a policy you could have pointed out was the one about expanding the role of mid level healthcare providers https://www.yang2020.com/policies/expanding-medical-licensure/ … it tackles problems caused by occupational licensing in medicine like the AMA restricting residency slots by sidestepping it to increase supply
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Replying to @EurydiceWaits @DragonGod2718 and
I've seen
@ESYudkowsky say before that some surgeons could very easily have massively reduced occupational licensing educational requirements and be effective, and this strikes me as a very similar proposal for primary care that could be great for increasing supplypic.twitter.com/bRl7ym5DJW
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Replying to @EurydiceWaits @DragonGod2718 and
Relatively ignorant on Yang, although I've enjoyed listening to him speak. I kinda wish UBI wasn't his signature proposal, because I have such mixed feelings on it, but I think he's just playing his hand wisely. I donated to his campaign in the hopes the DNC will let him debate
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Replying to @webdevMason @EurydiceWaits and
That's nice to hear. I'm interested in your mixed feelings on UBI since I'm very much in favour of it but consider you an epistemic superior, so there are probably stuff I'm not considering.
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I say "mixed feelings" in the most genuine sense. I've advocated for it in the past. There's a lot of evidence in favor of giving poor people cash over gov coupons, and I think a lot of people are bottlenecked re: long-term productivity for want of relatively small amounts of $
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Replying to @webdevMason @DragonGod2718 and
However, I also have my "epistemic superiors," and a few have very strong concerns about a bimodal impact that doesn't necessarily work out positively on net. The concern is that most people may not be very self-driven & lapse into dependency easily, even if it lowers their QOL
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Replying to @webdevMason @EurydiceWaits and
I think that empirically incentive to work would be inversely proportional to the amount of UBI. So you could try to maximise quality of life, while minimising disincentive to work, and then pick an amount on the pareto frontier.
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