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a008t
searching PlanetScale…
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31.
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by
a008t
8y ago
Where any UBI funds would have to come from - from individuals with high incomes. But instead of enforcing it through law, supporters of UBI (many of who on HN certainly would fall into the high-income category) start voluntarily supporting
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Ask HN: Why not voluntarily start UBI on a small scale?
2 points
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a008t
8y ago
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4 comments
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a008t
8y ago
Why not start UBI on a small, voluntary scale, and demonstrate its success? Every one advocating for UBI could go to a poor neighbourhood / country, pick a poor person (or several), and start transferring them a portion of their income
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by
a008t
8y ago
When you say "we agree" - does that include the people that end up unemployed because the expected value of their work is less than the minimum wage? Whereas had they been allowed to work for less than minimum wage, they would hav
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by
a008t
8y ago
At the same time, it's better to be rich and miserable than poor and miserable. It is easy to have zero friends, zero romance and zero meaningful hobbies under almost any circumstances for the kind of people that end up getting jobs in
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by
a008t
8y ago
How long is the overall commute? That sounds like a potentially interesting solution.
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a008t
8y ago
There are two options here: 1. People value owning a home irrationally, the price is disconnected from fundamentals 2. People are pricing in future growth. With interest rates being low, this growth can be fairly long-term. The growth is pr
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by
a008t
8y ago
But is the price really disconnected from rents on comparable properties? The way I think about it, is that if buying a house can yield you 2-3% - either through expected house price growth or through rental income or both - someone will
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by
a008t
8y ago
But you can; whether you should , or if it is a decent thing to do, is a different matter. Placing an upper limit means that you are less likely to be rescued at all, if the potential rescuer happens to not be a nice person (or is very ris
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by
a008t
8y ago
So does social housing make the situation better or worse? Looking at London, for example. There are surprisingly few nice areas in London to live in with a family, in close proximity to the City, even if you had loads and loads of money.
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by
a008t
8y ago
Not to mention that the risk profile is going to be different. When you are driving your car, there is at least the illusion that you are in control of your risks. A careful driver at least believes that their risks are significantly lower
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by
a008t
8y ago
Clearly they have been better than the alternatives for customers - otherwise, they would not be successful. Employees also have a choice - Amazon is not a monopoly.
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a008t
8y ago
And is the median life comfortable?
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a008t
8y ago
Are they really disconnected from rents in that area, as well as reasonable expectations of future growth in demand - given low interest rates, which mean you have to consider the performance of the asset far into the future? In other words
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by
a008t
8y ago
Can you give an example of capital value flying upwards so high that people are discouraged from buying in due to inflated asset prices?
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by
a008t
8y ago
I suspect this kind of mentality only works in a fairly homogeneous society, where everyone enjoys the collective benefits fairly uniformly.
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by
a008t
8y ago
Have a CS academic background but work as a quant in finance.
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by
a008t
8y ago
Sure; but, assuming you had good government in Ethiopia, having this supply of funds/capital/goods available is still a good thing. The question is what they do with it. If they essentially just consume the loans, it is their own
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by
a008t
8y ago
>Have you come to that conclusion yourself? Yes, I should have been more clear that this is just my opinions/speculation.
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a008t
8y ago
>Lina Benebdallah, assistant professor of politics and international affairs at Wake Forest University, North Carolina, however, cautions that the China-Africa relationship is "asymmetric." In 2016, for example, China exported
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by
a008t
8y ago
Can someone please ELI5 what this does and why/where it is/can be useful?
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by
a008t
8y ago
You can call R functions from Python. You can then write a Python wrapper around R packages that you need.
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a008t
8y ago
I don't know, but you have to look at what the major shareholders - who are the beneficiaries of Apple's profits - are doing. My guess is that they are consuming significantly less than what they earn. That in itself makes their b
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by
a008t
8y ago
> Yes it does. I think this Quora post presents the argument I had in mind very well: https://www.quora.com/Why-do-individuals-or-families-such-as... > Your view of what the very wealthy have an interest in is naive.
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a008t
8y ago
There are some positive aspects to rising global inequality. Massive wealth, concentrated in a few hands, does not really make the rest of us poorer. They are not competing for the same goods and services as we are. It only really hurts the
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a008t
8y ago
Worth noting that the large S&P 500 firms change over time. It has not really been "big corporations getting bigger / having a profit boom", I think.
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a008t
8y ago
Would it not be easier to build and maintain a space station in a stable Lagrangian point? Gerard O'Neill described a roadmap to one in 1976 in https://en.wikipedia.org/wiki/The_High_Frontier:_Human_Colon... The i
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a008t
8y ago
Try having a surname Å'); DROP TABLE Users;--
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a008t
8y ago
For those of you that are interested, there is a formal logic that can be used to reason about such problems, called Dynamic Epistemic Logic: https://eprints.soton.ac.uk/261816/1/EUMAS2.pdf A book chapter on the t
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by
a008t
8y ago
It is not clear why they switched from GBT to ANNs. I would have thought GBTs would work better on the kind of structured data they are dealing with.
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