Man, the older I get, the more I think that second and third and fourth order effects are way more important than first order effects.
metalman•15m ago
and therefor you will not be surprised to find out that there has been a very recent dramatic decline in the asking price for empty containers in areas that are primarily devoted to imports, as the empty can is not worth the cost to ship it back.
throwaway85825•12m ago
In this case it's because of the time it takes to load the empties because its more profitable to use the time sailing. Some ports have rules now forcing them to take back empties so the yards don't fill up.
marcosdumay•8m ago
We should standardize some "dual-container" format that can be formed out of disassembled containers.
bix6•10m ago
Externalities always felt glossed over in economics. So yes this business will ruin the river for everyone but please direct your attention to this chart and look at all that producer surplus!
marcosdumay•9m ago
Complex systems are dominated by feedback curves, but people insist on analyzing them by the forward transmission curves.
The separation between the cause and the effects are way less important than their polarity. High-order effects tend to be smaller, but they are also way more numerous, so things can cancel out or end-up resolved on either way.
Guess we'll have to wait for you to get even older to really get you to start thinking higher order effects are more important than first order effects.
mooreds•19m ago
metalman•15m ago
throwaway85825•12m ago
marcosdumay•8m ago
bix6•10m ago
marcosdumay•9m ago
The separation between the cause and the effects are way less important than their polarity. High-order effects tend to be smaller, but they are also way more numerous, so things can cancel out or end-up resolved on either way.
strueman•7m ago
https://news.ycombinator.com/item?id=48338472
Guess we'll have to wait for you to get even older to really get you to start thinking higher order effects are more important than first order effects.