acslater00

16 ms·

91.
by acslater00 15y ago
To steal shamelessly from the George Will piece that Krugman pretends to respond to, "Paul Krugman is a pyromaniac in a field of straw men."
92.
by acslater00 15y ago
I'm being intentionally dismissive of the notion that America is on the cusp of a popular revolt against "the rich", at least to the extent such a revolt takes the form of the occupy wall street movement. I think various establishment Democ
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by acslater00 15y ago
Mortgage backed securities are the epitome of a free-market innovation. The ability to pool mortgages and sell them in chunks essentially allows small investors (say, me, although I did not ever buy a MBS share) to make home loans. That mak
94.
by acslater00 15y ago
That's just about the dumbest thing I've ever read. First of all, 2000-2010 was not a lost decade in any meaningful sense of the word. It only looks that way because there was an exuberant growth period at the very beginning and a recession
95.
by acslater00 15y ago
Flashback to 24 months ago, when Sprint "bet the company" on the Palm Pre. Something tells me this is going to go just as well.
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by acslater00 15y ago
If Apple made the iphone5 a Sprint exclusive, it would be unavailable to every single one of their existing customers. Literally...Every...Single...One. There's a better chance that Tim Cook will eat an iPhone than announce a Sprint exclusi
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by acslater00 15y ago
I also upvoted it. I was EXTRA agreeing with it.
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by acslater00 15y ago
+1.
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by acslater00 15y ago
Wait wait, you're both right! They had an excellent Q1. They had a very pedestrian Q2. The rumor is they're having an atrocious Q3.
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by acslater00 15y ago
It's a fake backend that we wrote specifically for the purpose of being "hacked" by job applicants. It's more of a puzzle than an actual system hack.
101.
by acslater00 15y ago
Can someone explain to me the Y-Axis here? I don't can't figure out the denominator of that percentage. I assume the numerator is "days destroyed". Is the denominator the total number coin "age days" at the start of a given day?
102.
by acslater00 15y ago
Well, I have no idea what actually happened down there, but the timing would be a pretty incredible coincidence.
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SeatGeek Blog: What An Earthquake Does To Page Load Time(seatgeek.com)
123 points by acslater00 15y ago|29 comments
104.
by acslater00 15y ago
Nope. Gold prices are going up because people believe gold prices will keep going up, and keep speculating as such. It has no bearing or relationship to inflation, since most of what we buy is not made of gold. Energy prices are 50% off the
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by acslater00 15y ago
Obviously opinions can differ here, but what happened in 2007-2008 was in my view a lesson on what happens when you ignore the inherent risk of lending money to a private actor. Mortgage originators and a whole slew of investors ignored tho
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by acslater00 15y ago
I'm 100% with you. I'd quibble with the phrasing of "create a better world for us", since I think that lends itself to very mushy, subjective notions of "good" rather than "economic good", but you're absolutely right. The problem is not, "h
107.
by acslater00 15y ago
This is a good idea from a "look, i'm being counter-intuitive" sense. But it will not work. There's a reason the federal government can borrow at 0% short term and my hypothetical auto parts manufacturing company can't. I am a default risk;
108.
by acslater00 15y ago
If Steve Jobs applied for your job by submitting his resume and waiting for you to invite him in for an interview, he literally wouldn't be Steve Jobs in any meaningful way. He would just be a guy named Steve who didn't finish college and s
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by acslater00 15y ago
Well if you like, you can thank us by buying a very expensive ticket on SeatGeek =P
110.
by acslater00 15y ago
Yeah completely non-standard names (like nicknames, abbreviations, acronyms) are a real pain to deal with, and string matching just completely fails on them. We (seatgeek) handle it the low tech way -- a giant list of name aliases that we r
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by acslater00 15y ago
Lesson: as early as 2000, people were throwing around the phrase "Ponzi Scheme" to mean "a business whose long-term prospects I'm slightly suspicious of".
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by acslater00 15y ago
Fair enough.
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by acslater00 15y ago
I'm not disagreeing with Milton Friedman at all. Read the sentence "Prices might even fall gradually as higher incomes led people to want to hold a large fraction of their wealth in the form of money." Inflation is a Money Supply / Money De
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by acslater00 15y ago
Actually money supply should ideally match total demand for money. Real economic output is not super relevant.
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by acslater00 15y ago
Hi, I'm Adam, I wrote this answer on Quora. Against my better judgement, I'm going to wade in here and make a couple of clarifying points. 1 - Scam. I regret using the word "scam" in my answer, because I think it overshadows the broader poi
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My Answer To: "Is Bitcoin A Good Idea?" Spoiler: No.(quora.com)
13 points by acslater00 15y ago|0 comments