Comments by "Luredreier" (@Luredreier) on "Unlearning Economics" channel.

  1. 15:43 Actually centralization is one of the problems in the US system. The funding probably should be centralized in some way. But the local teachers know more about the needs of the individual students then central authorities does.
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  2. 47:55 Well, there's also the factor of larger actors having more bargaining power, a state can force through regulation and terms that a smaller actor simply doesn't have the leverage to impose. Like limiting what costs a drug may have etc. 49:33 Not necessarily. Taxation is just one way to achieve that outcome.
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  3. 34:01 Well, have you factored in that social security allows people to take risks and start up new companies easier? Or that social security leads to less crime? It may indeed pay for itself in that way as crime can cause a lot of harm to a economy, and more startups makes a economy more competitive with other countries. Also, another factor is that it helps smooth out the curves of the economy. If people still have money to spend in the economy when they lose their job more companies can keep their current employees even as things gets though, more people are employed, they have more negotiation power and higher wages and you'll get more taxes in the long run.
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  4. 1:03:36 Come on, you know that Alaska is a US state and not a Canadian territory...
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