Hello!
The comments on this profile are unclaimed and thus are unverified.
Do they belong to you? Claim these comments.
Phi.Sanders
Is this you? Claim Profile »
7 months ago
in Microbailouts - the economy as a freeway on Sol Young's Disqus
When I let someone merge, and I do often, it's a humane thing - I'm thinking about the good that I did for that one person, often overriding how it impacts the people behind me who have to wait.
I am definitely not thinking about the freeway, or the overall traffic flow.
So, while I find your analogy poetic, I don't think it's apt, unless you are advocating for bailing out the economy one person at a time.
I am definitely not thinking about the freeway, or the overall traffic flow.
So, while I find your analogy poetic, I don't think it's apt, unless you are advocating for bailing out the economy one person at a time.
1 reply
offering bailouts on a micro scale maybe without realizing the macro
effect. The microbailouts are performed for the greater good as well
as local humanity.
The accident is a large problem affecting the freeway flow (economy).
One's merge is perhaps the same as donating to charity (mild example)
or boosting one's tax bill (maybe a more pertinent example) to allow
the system to function until a resolution is made.
I'm not necessarily advocating a bailout, just as I believe cars
speeding up the shoulder shouldn't be microbailed out (but good
drivers should). I see a similarity between the ways we operate in
traffic and the way we're reacting to the economic crisis... And I
think microbailout is good way to break this big hairy mess in to
manageable chunks.