Re:Trump temporarily drops tariffs to 10% for most countries
by buffington on Wednesday April 09, 2025 @06:40PM
(#43638797)
I obviously can't say for sure, but my guess for why you're being downvoted: we don't need humans telling us what the AIs think. We're all capable of knowing that for ourselves.
What I'd guess most of us are interested in is what you have to say.
Re:Trump temporarily drops tariffs to 10% for most countries
by everybodyknows on Wednesday April 09, 2025 @11:24PM
(#43640305)
Hmm ... so the worked conclusions of professional economists are less interesting than the opinion of a random stranger on the internet?
Re:Trump temporarily drops tariffs to 10% for most countries
by buffington on Thursday April 10, 2025 @11:37AM
(#43644996)
In the context of Hacker News, when the "worked conclusions" are that of an AI (however accurate or well trained), yes, I suspect that people tend to prefer that less than the opinion of a random stranger.
I'm here for the people. No AI is going to tell me what you think about something.
> Why is the effect of tariffs said to go as the square of the tariff rate?
Longish reply returned. Next prompt:
> Provide web links to standard references to the above?
"Deadweight Loss From Taxes is Proportional to the Square of the Tax Rate" by David Henderson on Econlib:
"Tariffs – Principles of Microeconomics" by BCcampus Open Publishing: "Trade Restrictiveness and Deadweight Losses from US Tariffs" by Douglas A. Irwin: EDIT: Dropped reference to Wikipedia, because quoted extract conflates power law vs. exponential growth.