Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

You’re not free to burn as much fuel as you want, as there are economic and physical limits in place.

What you are free to do is choose how to allocate resources—heat up or cool down your apartment, train/run a neural network, watch a plasma TV, etc.

Telling people what to do with their resources is central planning, and it has never worked.



Ignoring the fact that “central” planning is a nebulous and uninformative term, what do you propose when those “economic and physical” constraints are insufficient to mitigate the negative externalities of a collective action problem?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: