u/MildDeontologist

Philosophers who were deacons?

Who were some well known/respected philosophers (and mathematicians, scientists, and other scholars outside of theology/religion) who were deacons? Not transitional deacons before becoming priests, but permanent deacons.

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u/MildDeontologist — 1 day ago

In real estate, there is a concept called Conformity which states that a property value is maximized when a home matches the size, style, age, and condition of surrounding homes. In other words, homes will be priced higher when the neighborhood is harmonious.

What accounts for this phenomenon?

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u/MildDeontologist — 9 days ago

Why never stock futures, forwards, or something else? And, why never non-stock securities, like debt instruments?

I get why one could argue that debt instruments as employee compensation do not make much sense, but I believe in certain circumstances they could.

So why is employee stock compensation by option and (to a lesser extent) warrant so predominant as a form of compensation?

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u/MildDeontologist — 11 days ago

I remember hearing Steve Keen say economies of scale (at least can) continue forever. He cites companies like Amazon which, instead of flattening out and seeing a diseconomy of scale as predicted, they just keep scaling and getting more efficient as they expand to become enormously big. Keen says diseconomies of scale do not hold up to empirical scrutiny. Is this true? What are some example of diseconomies of scale in practice?

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u/MildDeontologist — 14 days ago

There are natural languages (English, Russian, Farsi, etc.) and formal languages (formal logic, math, computer languages like Python, and sheet music). But what are examples/types of formal languages besides the 4 I listed there?

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u/MildDeontologist — 14 days ago
▲ 9 r/OutlawEconomics+1 crossposts

According to Steve Keen, which I know this sub takes issue with, orthodox theory which posits marginal costs should be rising. But Keen cites empirical studied that show about 89% to 99% of firms have constant or falling marginal costs, which means that the orthodox labor supply/demand curve is fundamentally flawed. He goes on to say that the actual labor supply is not a smooth, upward sloping curve, and that workers are not paid their marginal product.

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u/MildDeontologist — 18 days ago