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Joined 2 years ago
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Cake day: June 17th, 2023

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  • I imagine you have a fridge, a stove, and know how to cook. Sometimes you cook at home, sometimes you eat out.

    Let’s say that you want to stop eating out, or maybe save money, or maybe you do it just because it’s fun: each time you order out, you put 25% of the bill in a jar at home.

    Eating out becomes more expensive for you (now that you need to pay the jar), but the restaurant makes the same money. In the long term, the restaurant might loose out on money if you decide that paying the jar is too expensive and you just decide to cook at home. But hey! You have a jar full of money at home. Maybe you’ll do something with it one day.

    Replace the jar with tariffs and cooking out with whatever we buy from around the world and you have what’s happening now.











  • Here is the salient point on the Wikipedia page that explains why horses don’t produce 1 HP:

    Watt judged that the horse could pull with a force of 180 pounds-force (800 N)

    Basically, Watts made up HP to sell his steam engine to mines and likely made up a number to make the new technology seem better.

    Some things never change.