TJ Schmidt

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TJ Schmidt

TJ Schmidt

@_GenerationWhy_

JD Candidate. Husband, father, Albertan, Catholic, fighter, and fool. Politics, history, law, philosophy, economics.

Calgary, Alberta Katılım Mart 2010
1.1K Takip Edilen261 Takipçiler
Marc Nixon
Marc Nixon@MarcNixon24·
Latest EKOS Poll modelled out 🔴 LIB: 343 seats (+174) 🔵 CON: 0 seats (−144) ⚜️ BQ: 0 seats (−22) 🟠 NDP: 0 seats (−7) 🟢 GRN: 0 seats (−1) Liberal total wipe-out of opposition. Liberal Supermajority achieved. (+/- change from 2025 election)
Marc Nixon tweet media
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
Is eliminating consumer surplus the worst sacrifice? More effective allocation of resources. Also means new segments of the demand curve will be captured at lower price points, so some people will pay lower prices than they would have without algorithmic pricing (this already happens somewhat with coupons and discounts).
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Co-op Tory 🍁
Co-op Tory 🍁@CoopTory·
Individualised pricing breaks the classical assumptions of free and competitive markets: -asymmetric information -competition is now over data, not price -clearing price set for each individual, not for the market itself -this can effectively eliminate consumer surplus
David Coletto 🇨🇦@DavidColetto

Dynamic pricing has existed for years. Airlines and hotels have used it forever. But Canadians react very differently when prices might change based on who you are, your data, or your browsing behaviour. That is where public skepticism kicks in. Our new research: abacusdata.ca/canadians-are-…

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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
@CTVNews It is not always "good" for the loser that the SCC hears an appeal. Often the SCC will hear it because they want to cement as law of the land the ruling and reasons of the lower court. It's a way to shut the book on future lawsuits.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
@GordTulk @jkenney Gord, you should check out this presentation on the state of Canadian capital markets to the Senate committee on Banking & Commerce. It is impossible for companies to finance growth in Canada anymore, so almost all young companies are running to the US. cpac.ca/in-committee-f…
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Gord Tulk
Gord Tulk@GordTulk·
@jkenney Our finance / banking and insurance systems need massive deregulation
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Jason Kenney 🇨🇦🇺🇦🇮🇱
This👇 is an important point. Focussing solely on population growth numbers is misguided. We need to focus on the outflows (brain drain) as well as inflows, and on human capital. Canada’s immigration system used to be a “high human capital model,” which was the secret to its success. We emphasized advanced education, relevant work experience, official language proficiency, etc. During the Trudeau years our immigration system was turned on its head into one that privileges people with low levels of human capital. Add to that the departure of many of our brightest young people for greener pastures. It all adds up to a real long term problem that will deepen our decline in productivity and prosperity.
Kirk Lubimov@KirkLubimov

Which demographics of Canadians are leaving Canada? >67% of the are 20-44 year olds. >3x more likely to be in Sciences than avg population. >31.1% have a masters degree. >61.4% left to the US. In other words, it's Canada's youngest, most talented and educated population.

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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
@ComicDaveSmith Power does something to people. We see it over and over and over again. It has permeated our stories since time immemorial. Yet, we're shocked anew every single time a new example emerges.
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Dave Smith
Dave Smith@ComicDaveSmith·
If there was an imminent threat from Iran, Tulsi’s answer would have been: yes. It’s as simple as that. She wouldn’t have tied herself into pretzels with the ridiculous claim that only a President can determine that. She literally puts out an annual threat assessment. The plain fact is that she lied. She’s lying us into a war that her career was supposedly dedicated to avoiding . I was wrong last summer, she’s substantially worse than Colin Powell. She’s a traitor to this nation.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
@yuanyi_z All the people on X saying "I use AI to do all my contracts now" makes me think there is a lot of litigation work coming for lawyers. Today ChatGPT 5.4 confidently told me the limitations period was 15 years for equitable claims.
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Yuan Yi Zhu
Yuan Yi Zhu@yuanyi_z·
This isn't true and I beg people to stop trusting AI for legal information as this is obviously AI.
Osya Kisa🍁🌻@kisa_osya

@yuanyi_z Framed as it is different now in Canada...why misrepresent the status quo?

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Caleb Hammer
Caleb Hammer@sircalebhammer·
I understand that new neighborhoods will not be mature enough to have wonderful canopy trees, duh. But why are they (basically) not planting any trees at all? I think I see four or five baby trees? A new neighborhood rarely looks good, but ones like this will NEVER look good.
bitfloorsghost@bitfloorsghost

we ruined such a good thing

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Canada Projections🇨🇦
Canada Projections🇨🇦@CDNprojections·
Federal Poll Modelled 🟥270 (+101) 🟦36 (-108) 🟧24 (+17) ⚜️10 (-12) 🟩3 (+2) Feel free to ask for ridings for specific results (Change from the 2025 Election) EKOS March 5-15, 2026 n=1047 ±3.0%
Canada Projections🇨🇦 tweet media
Canada Projections🇨🇦@CDNprojections

Federal Poll 🟥47.5 (+3.1) 🟦27.0 (-2.5) 🟧15.1 (+1.3) 🟩4.5 (+0.6) ⚜️4.1 (-1.2) 🟪1.5 (-0.1) ⬛0.4 (-1.1) (Change from previous poll - January 30, 2026) EKOS March 5-15, 2026 n=1047 ±3.0%

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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
@JJ_McCullough @PierrePoilievre I thought they just listened to quality Canadian programming like CBC's Power & Politics or a second Canadian podcast if there is one.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
@pierreluc78 @BrassicEyeRedux @CTVNews Yes. I could see it being a problem in a monopolistic marketplace, like utilities. But it's a good thing in a competitive marketplace because there will still be competitive price pressures.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
@ByMFTN @bowtiedleprech1 @CTVNews Actually, dictating to businesses what they must charge their customers is immoral, and it would be one more shot to the face that the Canadian economy doesn't need.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
A little bit of microeconomics education tells us that algorithmic pricing leads to a more efficient allocation of resources, and it's actually progressive as it generally means the poor are paying less and the rich are paying more. Firms already practice this using things like coupons, seniors and student discounts, and "limited edition" products which cost more. They are capturing different segments of the demand curve at different price points. Algorithmic pricing is just this same action on a more individualized level. The average voter isn't going to grasp this, and that's exactly why the government should not be involved in every little part of our lives.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
Please see my other comments in regards to hardcover and softcover book sales. Algorithmic pricing seeks to charge people what they are willing to pay for a product or service, provided the firm will still make a profit off of the sale. In general, this means charging poor people less and rich people more. Coupons already serve this function as it is the poor taking the time to use them.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
It takes a bit of education in economics to grasp this, but it is not nonsense. Firms already sell goods or services at different price points for different demographics. This is what seniors or student discounts are. The purpose of the discount is -- in economic terms -- to capture a segment of the demand curve that the firm would not capture without the discount. Certain students and seniors are on fixed incomes and will buy a *widget* if it is at a lower price point, but not otherwise. The firm doesn't want to lower the price for everyone, however, as that would lead to lower overall profit. Inversely, firms will also mark-up products for those that are most dedicated to buying them. This is why hardcover books exist and are released before softcover copies. Hardcover books are considerably more expensive to buy than softcover books, but only marginally more expensive to produce. The publisher is capturing a small segment of the demand curve at a higher price point than they would if they only released the softcover version. These are the people that want the book the most and will pay more to have it. Algorithmic pricing is these simple economic functions at scale. It allows firms to capture segments of the demand curve they would not if they only used a common price point. It literally enables poorer people to pay less for goods and services.
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TJ Schmidt
TJ Schmidt@_GenerationWhy_·
Ah man, I'm going to regret typing all of this, but it literally does. Firms already sell goods or services at different price points for different demographics. This is what seniors or student discounts are. The purpose of the discount is -- in economic terms -- to capture a segment of the demand curve that the firm would not capture without the discount. Certain students and seniors are on fixed incomes and will buy a *widget* if it is at a lower price point, but not otherwise. The firm doesn't want to lower the price for everyone, however, as that would lead to lower overall profit. Inversely, firms will also mark-up products for those that are most dedicated to buying them. This is why hardcover books exist and are released before softcover copies. Hardcover books are considerably more expensive to buy than softcover books, but only marginally more expensive to produce. The publisher is capturing a small segment of the demand curve at a higher price point than they would if they only released the softcover version. These are the people that want the book the most and will pay more to have it. Algorithmic pricing is these simple economic functions at scale. It allows firms to capture segments of the demand curve they would not if they only used a common price point. It literally enables poorer people to pay less for goods and services.
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