Recent submissions

Comment · 14 hours ago
Georgists don't literally think that other scarce natural resources are actually land, but instead think that all scarce natural resources, if untaxed, lead to economic rents being extracted. Land/location ownership is probably the most damaging form of this, so it's the one that Henry George focused on, but the same basic principle applies to other natural resources.

This is why people refer to Norway's taxation of natural resource mining as "Georgist in principle" even though no land value tax is involved.

I (and I'm not original here) extrapolated that to other not-natural resources like IPv4 addresses, domain names, and so on that function much like a limited natural resource.

You even have cases of "land-banking" like nissan.com, although I don't believe Mr. Nissan ever intended to profit from owning the domain name; probably more akin to the main character of the movie Up.

Comment · 2 days ago
From a Georgist perspective, IPv4 is actually a form of land (it's a finite "natural resource", although that's not quite proper), and you could make a case for "land rent" being taxed on the addresses. This is the same as radio broadcast frequencies, web addresses, actual land, un-mined gold/oil/coal/whatever, and other finite natural resources that create monopolistic tendencies.
Comment · 1 month ago
This was a thoroughly enjoyable read, both the writing and presentation. I really liked the level of writing as it's basically introducing a whole lot of advanced topics but at just the right level for a non-AI researcher type of engineer like myself to be able to understand what's going on, and I felt it made some elements of LLMs actually something I could understand rather than wizardry done by maths PhDs. Probably because it's more like applied engineering rather than hard mathematics here. Thank you for a delightful post.
Comment · 2 months ago
I don't think that's the conclusion of the paper you linked, although there are papers suggesting that ADHD and autism are essentially subtypes of a single overarching disorder.

The more common view is that because prevalence of attentional deficit in autism is so high, it's rare to find someone with autism who isn't also able to fit an ADHD diagnosis. This might mean a shared common ancestor as it were, or perhaps autism has attentional deficit as an intrinsic part of the disorder rather than people with autism also often having ADHD.

The other direction is the amount of people who have ADHD who also have autism. In this case, while the overlap is higher than the general population, it is easy to find people with ADHD who do not meet the diagnostic criteria for autism.

Put more simply, people with ADHD aren't necessarily autistic, but people with autism are usually ADHD.

Comment · 4 months ago
It does depreciate, usually. It's the land underneath that appreciates in value.

Occasionally if you get unusual spikes in building materials and labour costs then the house itself can appreciate in value because it costs more to replace it, but that's rare enough.

Comment · 4 months ago
It's basically one way to implement Georgism, and is a standout real world example of why land ownership policies are very important.
Comment · 5 months ago
> Cloudflare is an outlier because the company doesn't actually make money at present; their past three annual statements show net losses in the tens to hundreds of millions of dollars.

Their free cashflow is high; they're choosing not to report a profit. I don't think it's useful/accurate to say they don't make money.

Don't get me wrong, they may be doing a layoff to boost margins or enter GAAP profitability but the company revenue exceeds its operating cost by quite a bit.

See in their latest quarterly report: https://cloudflare.net/news/news-details/2026/Cloudflare-Ann...

> First quarter revenue totaled $639.8 million, representing an increase of 34% year-over-year

So they're growing 34% annually.

> Free cash flow was $84.1 million, or 13% of revenue, compared to $52.9 million, or 11% of revenue, in the first quarter of 2025. Cash, cash equivalents, and available-for-sale securities were $4,163.9 million as of March 31, 2026.

...and they have $84 million free cash flow in one quarter, and it's consistently pretty good cashflow.

And they have $4b of cash or cash equivalents stockpiled. It seems pretty healthy to me.

Comment · 6 months ago
It's significantly more efficient to provide services to compact towns than sprawled towns, so I'm not sure this registers to me as a downside.

It's pretty common for small sprawled towns to struggle to keep up with maintenance of roads/water/power, which is less of an issue with compact towns.

The same applies at the city level, of course.

Comment · 7 months ago
I don't want to just copy and paste my previous comment, but this isn't how companies at this size think about declaring profits. See https://news.ycombinator.com/item?id=47347993

Hence the comment you replied to saying "they print cash". You'll find a lot of big companies work this way: high free cashflow, because they earn a lot more than they spend, but then the spare cash is either reinvested or paid out via share buybacks. Declaring a profit isn't advantageous compared to the other options available.

Comment · 7 months ago
This is a pretty surface level analysis; Atlassian also has stock buybacks of billions of dollars each year. It's an intentional choice to not declare a profit and pay a dividend, and instead to reinvest in acquisitions and pay shareholders via stock buybacks.

You'll find it much more interesting to look at metrics like free cashflow, which is a better indicator as to whether the company is generating more cash during operations than it spends. This is a lot closer to the layman's idea of profit, and in a small business like a restaurant or single store it's often analogous to profit. In publicly traded companies, net profit and loss are borderline meaningless.

Comment · 10 months ago
Jevon's Paradox: more software will be produced, rather than fewer software engineers being employed.
Comment · 1 year ago
It's not uncommon in NZ/Aus to be paid weekly and pay rent weekly. I find monthly rent to be just as strange!
Comment · 1 year ago
I found it a helpful analogy. Cooking almost any Japanese food will quickly introduce you to dashi and kombu, and I didn't know what carrageenan was.
Comment · 1 year ago
Cron job with a bash script syncing media and the database to S3 Deep Archive once a day. Cheap as chips until you need to restore.
Comment · 1 year ago
> Obviously, every single existing property owner wants it to stop right now. Because more housing means more supply, means less money for them.

Upzoning actually increases land values, because it gives you the option to develop your land into a higher-productivity use (and hence higher potential rents).

NIMBYs in my observation tend to be anti-change; they bought with the neighbourhood a particular way and want it to stay that way. Upzoning brings in a change in the vibe and demographic that they don't want.

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