k_sh
Joined 10 years ago
Joined 10 years ago
Looks like[0] the real value of your average acre of US farmland is about 3x what it was fifty years ago. There's more data available if you want to drill down into cropland vs pastureland, and specific regions (e.g., Corn Belt vs the Southeast).
[0]: https://www.ers.usda.gov/topics/farm-economy/land-use-land-v...
This is generally how land values work...
This in contrast to privately-held companies, which can and do have many owners, but whose owners are acquired through partnership, investment, key employees within the company, and M&A - but not through the sale of securities.
Not in a direct sense - but civil asset forfeiture and arrest/citation quotas do incentivize individual officers to take actions that benefit their department's budget and their annual review, respectively.
> It's not like we [...] pay the prison $500/night per inmate
In the case of private prisons (which house 8% of the US prison population[0]), a per-prisoner stipend is the most popular[1] business model.
The government quite literally pays the prison company a fixed dollar amount per inmate-night, which the company then turns a profit on.
[0]: https://reason.org/wp-content/uploads/files/comparing_correc...
[1]: https://www.investopedia.com/articles/investing/062215/busin...
[0]: https://deadline.com/2019/04/redacted-robert-mueller-report-...
[1]: https://www.washingtonpost.com/world/national-security/muell...
[2]: https://www.cnbc.com/2019/04/15/mueller-report-expected-to-b...
If a company achieved AI that can identify effective alternatives, why wouldn't they just acquire the patents for all of those alternatives and prop up all the prices?
Google is infamous for this sequence of events, time and time again:
1. We made this great new thing that's gonna change the way you verb! Hope you enjoy it!
2. (1-5 years of product stagnation)
3. Hey, thanks for the all the good times. We're closing the thing at the end of the year.
Amazon (for all their warts) is much more adept at keeping customer experience in their crosshairs.
It's not enough to hold a belief... in our system, action is required. I think this is why young people are so frequently screwed by political decisions and policy - we are, uncoincidentally, the age group that votes least often.
"Buzzfeed News adds a Pulitzer winner and top Pentagon correspondent to its staff": http://www.niemanlab.org/reading/buzzfeed-news-adds-a-pulitz...