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danaw 11 hours ago

yeah market models are working so great everywhere else...

infecto 11 hours ago | parent [-]

Instead of being hyperbolic why don’t you share your idea then?

Markets are not perfect but on average they do a decent job of finding equilibrium.

“Democracy is the worst form of government—except for all the others that have been tried.”

anonymars 11 hours ago | parent [-]

I'll join in to proffer that where they lack, it's often exactly the sort of thing you describe: some externality is missing in the price

infecto 10 hours ago | parent [-]

Agree but better than the system we have today. There will always be issues with it but I think on average it would better incentivize hiring lower risk employees.

anonymars 9 hours ago | parent [-]

I'm agreeing with you: it would essentially be applying a missing cost to the current externalities

infecto 9 hours ago | parent [-]

Yes, I was agreeing with you and just saying differently that no system is perfect but it would attempt too price as best as possible.