Hacker News new | ask | show | jobs
by rapind 1509 days ago
That’s not how I read his post. Regardless you can mark me down as someone who doesn’t want the government trying to “goose” our economy through increasingly complex methods, like artificially low interest rates, corporate welfare, etc.

I do however fully support reasonable regulations (consequences for externalities), building infrastructure, universal aid and healthcare programs, etc.

Basically bad decisions like over borrowing, and bad lending, should be punished (not bailed out or you encourage bad decisions). Financial decisions that shift cost to others (externalities like dumping chemicals into a river) should also be punished. At the same time a safety net can be developed (cheap housing, food, or even UBI) to prevent the most devastating individual consequences (especially those you may not even be responsible for). That’s my ideal at least.