BenoitEssiambre

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by BenoitEssiambre 4y ago
The casinos market might also be something to compare to.
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by BenoitEssiambre 4y ago
I also read somewhere that if Elon ran Twitter into the ground in the next decade, using it just to advertise Tesla cars, he would have paid an amount in line with what GM pays for advertising their cars (at least what they paid pre-pandemi
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VanillaJS, the Reactive Web Framework(benoitessiambre.com)
2 points by BenoitEssiambre 4y ago|0 comments
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by BenoitEssiambre 4y ago
That is kind of a scary article. I tend to dislike crypto arguments that make it political. There are pure economic arguments against it, from free market laissez-faire Friedmanian perspective, from centrist perspective and more obviously f
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by BenoitEssiambre 4y ago
Note that the longer this lasts, the more people are going to get hurt in scams, the earlier it all collapses the more will be saved. It does make sense to be pleased when a societal danger is reduced, not to mention the environmental impac
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by BenoitEssiambre 4y ago
The FTPL seems to put a lot of focus on the government debt aspect of monetary policy (not unlike MMT, which however draws different prescriptions). I think more mainstream Keynesian/Monetarist theories don't deny that government
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by BenoitEssiambre 4y ago
It also helps keep people in sync with module and library versions. Without a monorepo, oftentimes what happens is that everybody ends up on different versions of libraries and modules. For every security update to a library, you'll ha
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by BenoitEssiambre 4y ago
Yeah expectations are definitely a tricky part of economics and so not knowing how to model them very finely, I had to keep things simple. I tried to integrate a kind of extrapolative expectations with regards to inflation using a linear re
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by BenoitEssiambre 4y ago
That is quite understandable.
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by BenoitEssiambre 4y ago
I fully respect if you don't want to share but is there a reason you are not taking the funding? The employment market is supposed to become very different soon because of central bank inflation fighting. Your business might become mor
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by BenoitEssiambre 4y ago
Since this was happening to a lot of people, I added a few paragraphs to the blog post to help explain it: "One common experience for new players is they start the game, prices creep down, one orchard goes bankrupt, then the other ones
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by BenoitEssiambre 4y ago
My current high score is 446834. This was not trying too hard, just playing a handful of times. I do have the unfair advantage of being intimately familiar with the economic model.
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by BenoitEssiambre 4y ago
I did include a graph of production in "coins worth per month" for those who would like to try to stabilize NGDP.
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by BenoitEssiambre 4y ago
If you keep inflation low and steady you can get higher scores from reducing menu costs. I can get around 446k by trying to keep it around 1%. Note that it gets more difficult to keep steady when you keep it lower.
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by BenoitEssiambre 4y ago
This was a bit tongue in cheek. I love math too. I wish I had the time to learn the more "grown up" models like the DSGEs ( https://en.wikipedia.org/wiki/Dynamic_stochastic_general_equ... )
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by BenoitEssiambre 4y ago
In the blog post ( https://benoitessiambre.com/simcb.html ) I explain why it's difficult to get inflation to rise very much under normal circumstances. I think it's mostly because I don't have a government doin
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by BenoitEssiambre 4y ago
That made me chuckle. You might like: https://keshikomisimulator.com/ from Patrick McKenzie.
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by BenoitEssiambre 4y ago
If you hit too much disinflation/deflation things can go sour pretty quickly. This is a bit exaggerated in this model as there are only 10 businesses and there can be a domino effect as 10% of the economy fails at a time. You can preve
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by BenoitEssiambre 4y ago
I made this game in order to try to wrap my head around central banks, inflation and macroeconomics, in order to get a better understanding of the aftermath of the global financial crisis and the current period of high inflation. Here is a
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Show HN: A central bank simulator game with a realistic economic model(benoitessiambre.com)
815 points by BenoitEssiambre 4y ago|309 comments
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by BenoitEssiambre 4y ago
I mean businesses are an undeniable source of political power in a democratic capitalist system. There is lobbying, influence over the media (see Bezos) etc. The choice of where you buy has an effect that is not totally unlike voting.
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by BenoitEssiambre 4y ago
I mean casinos don't try to hide it and people still plow money into them. I think that's a lot of crypto investor's (psychopathic) play, even if they don't really believe in the technology, they think (and they may be
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by BenoitEssiambre 4y ago
In some sense this is the eternal question of life, the universe and everything, life being complex self reproducing software itself which adapts to environments and sometimes collapses when it changes. It's a fascinating subject, espe
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by BenoitEssiambre 4y ago
Also the later group usually gets paid much more because you can do a lot more billable actions or get better performance statistics, if you only pretend to do medicine.
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by BenoitEssiambre 4y ago
>Dealerships hate carrying extra inventory because it costs money to finance the vehicles until they sell them. Note that with interest rates having been really low, even negative in real term, an inventory was almost a good investment w
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by BenoitEssiambre 4y ago
I'm sorry for the outcome. This is is quite a gracious post given the circumstances. Do you think with the Fed fighting inflation and the jobs market potentially turning in a year or so from now, that going into hibernation and relaunc
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by BenoitEssiambre 4y ago
Note that gold can have long run negative returns if you count, storage costs, transportation costs, insurance costs etc. plus it's not very stable in the short run.
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by BenoitEssiambre 4y ago
>my oldest son says “DuckDuckGo it” instead of “Google it” It though it was supposed to be "Duck it".
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by BenoitEssiambre 4y ago
Dust or soil has thousands of components, metals, bacteria, fungi, molds, organic matter, feces etc. It can give you farmer's lung and other illnesses. Plastic is comparatively inert. Weird that there is not environmental movement to r
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by BenoitEssiambre 4y ago
>while having ten joins per query Ten joins per query is quite nothing. I tend to see the opposite problem, where new devs denormalize a bunch of tables thinking it is going to improve performance when it fact it duplicates data everywhe

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