Aunche

36 ms·

481.
by Aunche 3y ago
Coal generation is typically used for base loads, while gas generation is typically used for peakers. Intuitively, you can think of it like starting or stopping a charcoal vs gas grill. The coals are much more difficult to light, and they s
482.
by Aunche 3y ago
In theory, a wealth tax is a perfect tax because it's a tax that incurs minimal deadweight loss. This is why lots of economists are proponents of land value taxes. The problem is that any sort of wealth that isn't tied to land or
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by Aunche 3y ago
The blockchain as described in 1982 is a perfectly good niche data structure. Maybe it's not "world-changing," but it's useful enough for our team to use it at work.
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by Aunche 3y ago
By the time Bezos started Amazon, he was already an SVP at DE Shaw, so he certainly could have found the money somewhere else. His mom had him as a teenager and his adoptive father was a Cuban refugee. That said, his grandfather was quite w
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by Aunche 3y ago
The government isn't holding a gun to your head demanding that you accept responsibility for your plastic consumption. If it's something you care about, you're necessarily responsible. You can't just pass all the respons
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by Aunche 3y ago
It doesn't count as beating the market unless if you're doing so due to skill. It's not particularly unusual to beat the market and come out of a casino positive. On the other hand, bragging about how good you are at slots, i
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by Aunche 3y ago
I get a sense that people like the author care less about the Rohingya genocide as much as they enjoy the ammunition against Facebook. I'm sure you could cherry pick examples of Rohingya escaping persecution because Facebook offered be
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by Aunche 3y ago
> We could easily cut our use of fossil fuels if we weren't trying to balance that with an arbitrary GDP growth target Believe it or not, only a handful of people genuinely care about "GDP growth targets" and they have ver
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by Aunche 3y ago
>Almost all anthropological evidence/studies point towards us having much less time now in human evolution If we're going by the pop anthropologist's definition work as time spent hunting and gathering, I work about 2 hour
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by Aunche 3y ago
I included this graph precisely because it shows there weren't particularly fewer people not actively looking for work. You're probably confusing this for the employment rate.
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by Aunche 3y ago
The labor force participation rate is only 3% higher than it was in 1950 [1]. Meanwhile, the average number of hours people work per year has dropped by over 200 [2]. People have more free time than ever. They just spend most of it consumin
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by Aunche 3y ago
> what if developers were paid the same way as writers and other creatives The 10% of Facebook/Google/Bytedance engineers who work on ads would be stupidly rich. The remaining 90% of engineers who work on cost centers would get
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by Aunche 3y ago
On the other hand, sometimes the engineer gets paid $200k while the company makes -$20M.
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by Aunche 3y ago
I wouldn't characterize any agricultural co-op like Ocean Spray as the same category as a worker co-op like Mondragon. There is a very distinct line between a farmer, who's an owner, and a farm worker, who handles most of the day-
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by Aunche 3y ago
I also don't agree with the characterization of unions as heroic for the same reason, but at least, they don't typically intentionally destroy factories.
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by Aunche 3y ago
> on average, "as poorly as they can get away with" actually does mean that they treat people quite well. This is a very important point and the strength of capitalism. Even a self asshole like Elon Musk is incentivized to prov
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by Aunche 3y ago
> Today, the word “Luddite” is used as an insult to anyone resistant to technological innovation; it suggests ignoramuses, sticks in the mud, obstacles to progress. But a new book by the journalist and author Brian Merchant, titled “Bloo
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by Aunche 3y ago
The most verifiable type of offset that I've heard about is landfill methane capture. You can measure the amount of methane captured, and that is what you've offset.
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by Aunche 3y ago
> Many countries industrialized without capitalism I'm not talking about countries. I'm talking about industrialization in general. It is less of an accomplishment to replicate an innovation that you already know works. Obviou
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by Aunche 3y ago
I didn't make any assumptions. Most people, including Karl Marx, agree that capitalism is what lead to industrialization. All Sabine did is make the obvious connection between capitalism, industrialization, and the widespread availabil
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by Aunche 3y ago
Any video that tries to condense all of economics into 16 minutes is going to be wrong to a certain extent, but I think anyone without a strong negative opinion of capitalism would get the point she makes. Penicillin would be useless withou
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by Aunche 3y ago
>she opens with the "money emerged to fix barter" origin story This is a misrepresentation of Sabine's video. It should be obvious from the generic contemporary products that she chose that she wasn't talking about th
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by Aunche 3y ago
Like with anything else with blockchain, the question is how that is any better than using centralized database. I don't even see any mention of a blockchain in the article.
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by Aunche 3y ago
This is how ad-subsidized media has always worked. You worked for a television network has a team of censors that protected it from reputational damage. You had to listen to them if you wanted your show to air.
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by Aunche 3y ago
What Youtubers call "demonetization" usually refers to their monetization status changing to "limited to no ads." Even if their video is in the category of "limited" ads, the video tends to make a small fractio
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by Aunche 3y ago
Old Asian ladies experiment too. Chili oil is very subjective so everyone has their own way to make it. They obviously treat it a lot more casually, but it's also common knowledge to them.
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by Aunche 3y ago
If muesli were simply a slightly better carb, that would make fruit the same. The fiber and more complex sugars are what make you feel fuller and glucose levels less volatile.
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by Aunche 3y ago
> Wall Street finance shenanigans that's purely devoted to creating money out of thin air Creating money out of thin air has literally been the primary economic function of banks since the Renaissance. You have some people willing t
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by Aunche 3y ago
Gold is an nonreactive and pretty metal, which itself makes it valuable. People independently regarded it as valuable across different cultures for thousands of years. Fun fact: Technically, you could buy $50 dollars of groceries with an
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by Aunche 3y ago
What exactly is so hard to understand? It's a well known fact that they pay to be the default search engine. Either that's against the rules or it is not. It sounds like the DOJ doesn't want to be blamed for any potential neg

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