bmmayer1

27 ms·

271.
by bmmayer1 7y ago
Wow! So many things to address! Yay. > These are all simple platitudes, provided without reference. Imagine believing that 'socialism is just a phase' -- as if the entire history of the USSR, the Eastern bloc, most of Asia, and
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by bmmayer1 7y ago
This is not evidence of any trends or tailwinds behind socialism in the long term. The exact same cohort will change their minds over the next 40-60 years. Historically, young people always prefer socialism, because they tend not to have a
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by bmmayer1 7y ago
Also attributed to Gell-Mann: the Gell-Mann Amnesia effect[1] [1] https://en.wikipedia.org/wiki/Gell-Mann_amnesia_effect
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by bmmayer1 7y ago
Don't know why this is getting downvotes. Unfortunately, international norms or UN sanctions don't have any teeth against world powers. It's just the unfortunate aspect of realpolitik that we all have to deal with.
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by bmmayer1 7y ago
I wonder if Piketty would happily give up 83% of his newfound wealth.
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by bmmayer1 7y ago
In what way is Amazon a monopoly or near-monopoly?
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by bmmayer1 7y ago
Have an upvote.
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by bmmayer1 7y ago
That's a good point, and also speaks to the futility of trying to define wealth in dollar terms, even when adjusting for inflation. An inflation-adjusted dollar in 2019 buys more than an inflation-adjusted dollar in 2000, even (iPhones
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by bmmayer1 7y ago
I can't believe this actually needs to be said, but a single employer raising its wages is not the same thing as a government raising a legally mandated minimum wage. It's so much not the same thing, that the very fact the article
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by bmmayer1 7y ago
It's implied, but this site doesn't have a byline on posts, or a publication date. It's very annoying.
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by bmmayer1 7y ago
Could you give an example of a "noble media organization" that comes the closest, in your view, to achieving this goal?
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by bmmayer1 7y ago
What, exactly, is unbiased reporting?
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by bmmayer1 8y ago
Yes, a so-called 'expert in valuing companies' who doesn't do any actual investing himself.
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by bmmayer1 8y ago
Surprisingly, there are two other species officially named after Donald Trump already, Tetragramma donaldtrumpi and Neopalpa donaldtrumpi. More surprising, it turns out that naming species after presidents is a fairly common practice. There
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by bmmayer1 8y ago
This is nice, but it's important to realize this headline is not really about minimum wage. The debate about minimum wage, of course, is about how wages should be set by law, not about how much companies choose to pay their employees.
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by bmmayer1 8y ago
Presumably ticketed restaurants like Lazy Bear are inaccessible to the unbanked also. Should we ban those next?
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by bmmayer1 8y ago
Something I can relate to, having "done" 85 countries myself (yes, I'm one of those 'shallow' travelers who counts countries). This article is right in some ways. It's right in that deep travel experiences are
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by bmmayer1 8y ago
According to the study[1] the small tribe of devoted conservatives is 6% of the population and the progressive activists are 8% of the population. [1] https://static1.squarespace.com/static/5a70a7c3010027736a227...
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by bmmayer1 8y ago
Fascinating. I didn't know that the US military budget is a third of what it was 60 years ago. Yet another example of the media / popular perception being basically uncorrelated with reality.
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by bmmayer1 8y ago
Well, certainly in WWII we imprisoned US citizens of Japanese descent...
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by bmmayer1 8y ago
This always fascinated me. What happened to foreign nationals who found themselves 'stuck' in Berlin when Hitler invaded Poland? Were they allowed to leave? Where they imprisoned?
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by bmmayer1 8y ago
> And don't worry. You'll get your turn in the center ring. You can count on that. This line is jaw-dropping, and definitely true.
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by bmmayer1 8y ago
It's cool, but has this been tested under replicable scientific conditions?
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by bmmayer1 8y ago
My guess would be, a good number of TSLA investors--probably more than most publicly traded stocks--are retail investors.
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by bmmayer1 8y ago
"what’s striking about capitalism is that we’re all trying to escape it — even most of the capitalists — because it makes us so miserable, mean, and foolish." No, capitalism makes us happy, nice, and smart. More importantly, capit
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Delta systems normal with no cancellations following brief tech issue(news.delta.com)
1 points by bmmayer1 8y ago|0 comments
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Hamilton–Burr duel correspondences(en.wikisource.org)
1 points by bmmayer1 8y ago|0 comments
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by bmmayer1 8y ago
This is a pretty good explanation for why 'fake news' is a thing. "Michael Crichton concluded in the same essay that there is absolutely no value in the media, as society continues to seek information from the same source tha
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by bmmayer1 8y ago
But, isn't this literally the point of the European common market? Germans make the best pretzels, Italians make the best olive oil, and French make the best cheese, and all the countries can share their exports with each other with no
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by bmmayer1 8y ago
But who gets to decide what is 'reasonable?' The point of the parent post is that there are no forces keeping prices down besides this vague standard of 'reasonableness', which obviously isn't very useful. Shame d

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