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Showing posts from July, 2023

On Processes and Outcomes: The Case of Taxation.

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  When the process of taxation is friendly to existing taxpayers, it creates room for the widening of the tax base as it favors and elicits enterprise. However, when the process of taxation is unfriendly to existing taxpayers, it limits room for the widening of the tax base. Note that it limits, it does not prevent When the reason for doing something is a future outcome whose success rate we cannot determine only in numbers, it is important to ensure that the way activities leading to the outcome are done is such that it elicits doing more of the thing(s) which lead to the desired outcome instead of things that give more of the desired outcome very fast.    Take the example of tax revenues and the practice of taxation.    Taxation is not an end in itself, rather it is a means to an end. While tax revenues are a finite goal, taxation is infinite- in that it exists forever, for as long as the nation within which it is conducted exists as an independent entity with financial needs. Giv

Why Clubhouse Failed & Why Meta's Threads Will Not Kill Twitter

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First, selling live-audio as a Unique Selling Proposition assumed people's willingness and availability for continuous talk. That is contrary to realities of post-industrial revolution World. People talked for so long during the lockdown because they were locked away in their homes and had all the time. Post lockdown, how many can have time for constant live talk? First, Clubhouse    In the middle of the COVID-19 Worldwide lockdown, a new social app was born. The app promised to change the way-of-social-media by introducing audio features which would take the place of text- common with famous social media platforms. That App was Clubhouse- a live-audio social platform. Backed and hyped by a16z and Marc Andreessen, Clubhouse became the hype of the day. Everyone wanted in on the new app, except, of course, the laggards who come so late to the show. I joined in early on. I attended the famous talk sessions with Mark Zuckerberg and Elon Musk. I also attended many other sessi