The Sunnyvale farmers market was a different story though. Two of the vendors gave out samples. One of them tasted like Safeway strawberries. The other gave out these small strawberries that were really sweet, and this vendor had a lot more business even though their berries were $1 more expensive. However, the ones that the vendor actually sold were much bigger than the sample strawberries. I was suspicious, but bought them anyways. Sure enough, when I tried them, they tasted like Safeway strawberries. My takeaway from this experience is that America sells bad produce less so due to supply reasons and more so that Americans just have poor taste in produce.

The cost of insider trading mostly get passed to the rich. The reason why insider trading is illegal isn't that it's particularly morally wrong as much as it disincentivizes participation in the markets.

> Anyway, I think ev isn't the right tool to model gambling behavior; dollar utility isn't linear.

You're right. The more money you have, the less utility it gives you, which makes gambling for a windfall an even worse decision. Worse still if you include taxes.

This is one of the most loaded poll questions I've ever seen. Even if you're very pro worker and anti-AI, I can't see how his poll result is useful outside of generating clickbait headlines.

Even if they used an open source zero knowledge proof, HN will still immediately dismiss it as an attempt to steal your data. The proposal here and the similar bill that passed in California doesn't require any validation that you enter you age correctly.

> So insurance companies spend more so they can collect higher premiums.

This part is still true though. Insurers want you to consume more healthcare, so they'll happily pay for your chiropractor, acupuncturist, acne treatment, and Chanel gift bag [1]. Patients are happy with their benefits. Employers are happy with increasing employee retention in a tax advantaged way. Insurers are happy with the profit. Of course, you aren't going to see much health improvement from this though.

[1] https://nypost.com/2024/07/25/lifestyle/nyc-hospital-bills-3...

Believe it or not, this is how lawmaking is supposed to work in a democracy. No one in a position of power is going to be completely selfless. The Civil Rights Acts were only able to pass because NAACP promised to endorse the Republicans and Southern Democrats who were the deciding votes. Voters have since lost interest in actual lawmaking, and have in fact become hostile to it. For example, in the first half of the Biden administration, there was a real possibility for a minimum wage increase, but voters saw any compromise to the $15 target as weakness even though they depended the vote of Joe Manchin, a Senator of a poor state that would suffer from economic turmoil with a California level minimum wage.

To be clear, it's not fair that the rich and powerful are better equipped to influence lawmaking. However, that's mainly a consequence of the utility of money and power rather than the system being fundamentally broken. Dismissing things like lobbying as corruption may provide comfortable explanation of why you're losing, but only helps the rich and powerful by eroding interest in grassroots lobbying and normalizing actual corruption (e.g. Binance insisting that its $2 billion investment be settled in Trump's stablecoin shortly after CZ was pardoned).