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Cake day: August 3rd, 2023

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  • Another big factor is that every plant is effectively a completely custom design. Because of how few nuclear plants are constructed, every new one tends to incorporate technological advancements to enhance safety or efficiency. The design also has to be adapted to the local climate and land layout. This makes every single plant effectively one of a kind.

    It also tends to be built by different contractors, involving different vendors and electric utilities every time. Other countries have done better here (e.g. China and France) mostly due to comprehensive government planning: plopping down lots of reactors of the same design, done by the same engineers. Although these countries are not fully escaping cost increases either.

    You are completely correct that regulation is also a big factor. Quality assurance and documentation requirements are enormously onerous. This article does a pretty decent job explaining the difficulties.




  • VAT is a universal tax on goods. A tariff is basically a tax that applies only to imported goods. So a tariff distorts the market, making imports from a region more expensive relative to other regions, or domestic goods.

    Note that basically any tax is bad from an economic perspective. However for the government to function revenues must be raised. It is considered better for market efficiency to raise revenues in such a way as to least distort the market. Tariffs are a very distorting instrument, VAT is generally considered less distorting because it affects all parts of the market equally.


  • sushibowl@feddit.nltoWorld News@lemmy.world*Permanently Deleted*
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    6 months ago

    Are we painting Stalin as a good guy here? He only fought Germany because they tried to invade. Before that he repeatedly made attempts to court Nazi Germany. He signed a nonaggression pact, made an agreement to secretly divide Eastern Europe together, and continued trading. Stalin didn’t really give a shit about the fascism part, he only cared once his own territory and sphere of influence were threatened. Same as all the other major allies, btw. Everyone tried appeasement first, nobody really cared about the fascism.

    “Saving Europe from Hitler” paints it as a selfless act of heroism when really everyone was mostly concerned with maintaining their own power.