I sent this message to Representative Nancy Pelosi, Senator Barbara Boxer, and Senator Diane Feinstein:
Representative Pelosi / Senator Boxer / Senator Feinstein:
I am writing to express my opposition to the anti-piracy legislation SOPA and PIPA. As a member of a private industrial research lab, my life and work depend critically on a free environment of information on the internet, and I believe this environment would be dangerously infringed by either of these bills.
The White House is asked for public comments on public access to federally funded research. Here are the relevant links, including the rather alarmingly title blog post by Aram Harrow where I found this:
The deadline for comments is tomorrow, January 2. My comments follow. If you read this and have much better ideas for how to expand open access, please send your own!
This is a followup to the previous post about health insurance elaborating on the fact that it can be bad to let individuals make choices about their insurance policy. I stated without much detail that “assuming sufficient options and perfect competition, the result of this individual choice would be exactly the same as if the insurers were allowed to use knowledge of $K$.” The “sufficient options” assumption is important (and not necessarily realistic), so more explanation is warranted.
Yes, it’s an extreme title, but it’s true. The idea of insurance is to average risk over a large group of people. If advance information exists about the outcomes of individuals, it’s impossible for a fully competitive free market to provide insurance.
In particular, free markets cannot provide health insurance.
To see this, consider a function $u : S \to R$ which assigns a utility value to each point of a state space $S$. For example, one of the elements of $S$ could be “you will have cancer in 23 years”. This outcome is bad, so the corresponding $u(s)$ would be a large, negative number.
Good discussion with Ross today, resulting in one nice, concrete idea.
Consider the problem of suggesting policy improvements to the government. In particular, let’s imagine someone has a specific, detailed policy change related to health care, financial regulation, etc. Presumably, the people who know the most about these industries are (or were) in the industries themselves, so you could argue that they can’t be trusted to propose ideas that aren’t just self-serving. Maybe it’s possible for someone to build a reputation of trustworthiness, but that’s hard and would ideally be unrelated to the actual ideas proposed. Instead of relying on reputation, we’ll remove the issue entirely by making the suggestion box anonymous.