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Joined 9 months ago
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Cake day: March 29th, 2025

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  • They did do it for a profit motive. Through whatever instincts or thought processes the beavers had, they figured that they would benefit from damming the river. The dam creates favorable conditions for hunting, nesting, and storing food. These benefits are a sort of profit. Money is a convenient kind of profit, because you can easily turn it into whatever other kind of thing you want and you can store it for later use - and also it is convenient to talk about in economic terms, since it is uniform and easily quantifiable. But no one (or, few people anyway) want money purely for the sake of having money - they want money because it allows them to have other things. Food, housing, good conditions for mating and raising their young.

    Sorry. The beavers were only in it for themselves.











  • Otoh, it also provides jobs for the community, either directly (cleaning, handyman work, management) or indirectly (additional tourist dollars in local establishments).

    The reality is, in almost all places, short term rentals have an extremely negligible impact on the housing market. And in the few places where they have a measurable impact, we need to ask: why can’t that area just build more housing? And the answer, almost invariably, is restrictive zoning codes, coupled with land speculation. Solving the problem of lack of housing doesn’t require banning short term rentals, an action which would likely have a significant negative impact on local businesses who rely on the tourist dollars. Solving the problem involves liberalizing zoning ordinances to allow more housing to be built, and adopting Georgist Land Value Taxes which preclude investors’ ability to speculate on land value rather than only earning money via value they provide to other people.


  • To enhance his public image

    Why would he want/need to do this? There are a bunch of other billionaires in the world who have basically no public image whatsoever - why wouldn’t he just do that? And if he is so concerned about his reputation, why would he constantly draw the public’s eye towards the one thing that would ruin his reputation if he actually is embezzling money through his charities?

    If Bill is so philanthropic, why does he keep $110bn outside his charity and only $42bn inside.

    Because when your money is more liquid it is more flexible? Idk, ask him.


  • Right, but then why would he constantly talk about it? Why wouldn’t he just say “yeah, I donate a lot to charity”, feign ignorance about the concept of effective charities, and then arbitrarily dole out money to a mix of innumerable small local charities and shell charities which feed back into his pocket? Like, the number one rule of doing crime is “don’t draw attention to yourself when you are committing crime”. You don’t announce to all your coworkers that you are going to the kwikymart 5 minutes before you rob the kwikymart.



  • This is correct.

    He’s gone in depth about this a number of times, where he talks about the complexity of using philanthropic money effectively. For example, is a dollar better spent educating poor children, or building wells in rural communities? Providing bed nets for malaria, or treatments for tuberculosis? And then once you decide on the cause you will put your money into, how do you ensure the money goes where you wanted it to go, rather than being syphoned off by bureaucrats, reallocated to spurious pet projects, or lining the pockets of some local warlord? And once your money has gone to the cause, how do you measure its impact to ensure it was money well spent? Do people actually use the well? Does it provide clean water? Does it work reliably? Did rates of malaria actually go down, or are people too lazy to use the bed nets? Etc.

    These things are complicated and take time to figure out. Hence why all the “donate it now” comments are ridiculous.