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211.
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by
cultus
6y ago
It's a weird subject for academic study in the first place. Trying do do trading strategies that beat the market is one of the few things that really is a zero-sum game. In the absence of independent scientific interest to optimizing t
212.
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by
cultus
6y ago
Due to the history of the US, race is highly determinate to culture and socioeconomic status. It's a very good proxy for to cut across all sorts of differences. For example, you mentioned home owners. Guess which race has very few of t
213.
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by
cultus
6y ago
The folks participating in the protest are not at all lower on the socioeconomic latter, but predominately middle class. Black Americans, who tend to be poorer and less secure, support the lockdown at a higher rate than whites or other raci
214.
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by
cultus
6y ago
Considering they somehow couldn't make a profit before this, I'd be surprised.
215.
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by
cultus
6y ago
A lot of adaptive GD algos work by kind of approximating the inverse Hessian, which is usually too expensive to solve at every step. Adagrad (my go-to) essentially finds a diagonal approximation to the Hessian, which often works well in pra
216.
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by
cultus
6y ago
It's pretty obvious that this new account is not arguing in good faith, but I'll take a stab anyway. 1. It's a literal description of what happened. He admitted to being a neo-nazi terrorist. 2. He has not sought redemption i
217.
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by
cultus
6y ago
It matters, and is in the public interest, because he runs a surveillance company whose clients include governments. Of course, to you, not supporting eugenics or the extermination of the Jewish race is just a matter of opinion. Comments li
218.
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by
cultus
6y ago
Anything critical of the far-right tends to wind up flagged on HN. It's reflective of the overall industry.
219.
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by
cultus
6y ago
Wow, an abusive, toxic person both then and now. It's funny how such people often rise to the top through bluster, despite being objectively bad at their jobs.
220.
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by
cultus
6y ago
Six of one, half a dozen of the other. The difference is that Fed injections benefit the wealthy, and a UBI benefits the poor most. This is not inflationary, since we are in a depression. As far as devaluing the dollar versus other currenci
221.
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by
cultus
6y ago
That's money that wasn't in the economy before that is now. They are growing their balance sheet with bonds and other assets, and paying for it with money they make.
222.
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by
cultus
6y ago
We'll have to wait and see. If it winds up being too much government spending to avoid inflation, then taxes would have to be raised to cut down the inflation. I don't think this would be such a bad thing, since the income redistr
223.
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by
cultus
6y ago
It's completely unwarranted because you essentially can't have inflation in a depression. There isn't enough demand competing for supply to raise prices. That is why governments and central banks usually try to inject money i
224.
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by
cultus
6y ago
I think it's pretty hard to argue that private companies are good and ethical at operating natural monopolies. History and all evidence is not on your side. I'll list a few examples: the California blackouts after electrical dereg
225.
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by
cultus
6y ago
The same way we are funding massive corporate bailouts. Sovereign government debt does not work like personal debt, for the simple reason that money can be printed. Fears of inflation in a time like this are completely unwarranted. edit: Ba
226.
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by
cultus
6y ago
They have an amazing talent for this.
227.
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by
cultus
6y ago
It doesn't change the fact that it is fundamentally a bad thing, because it will be used mostly for nefarious ends. I'd probably have a leg up selling anti-personnel mines to the US military if I were a former officer, but using t
228.
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by
cultus
6y ago
It also doesn't bode well that he's also entered a fundamentally evil business as an adult. Just shows an absolute rotten moral character. KKK supporters and such can be redeemed, but it takes work and reflection.
229.
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by
cultus
6y ago
It's damn near impossible for very small organizations to follow the GDPR in good faith, especially without a lawyer. The intent is good, but not the execution.
230.
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by
cultus
6y ago
There's plenty of educated and well paid workers doing useless, "bullshit" jobs [0]. Look in the admin buildings of any university, or any sclerotic military contractor. In comparison, a friendly waiter whom people like seein
231.
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by
cultus
6y ago
I feel like you are probably right on these layoffs. There's obviously a lot of startups that just will never make money, because, for lack of a better word, they are dumb. However, there is an absolutely unprecedented amount of mostly
232.
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by
cultus
6y ago
The Leopold Museum my favorite museum in Vienna, and that's saying a lot.
233.
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by
cultus
6y ago
It least it wasn't Boston Strogg.
234.
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by
cultus
6y ago
The nebulous "smart people" is a good thing to bring up when a tech person is Dunning-Krugering outside of their field.
235.
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by
cultus
6y ago
This is a very immoral and insane way of looking at this problem. Supposedly dispassionate, "rational," mathematical economics has wreaked havoc just because it focuses on numbers and output and forgetting that we are dealing with
236.
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by
cultus
6y ago
The grandparent made a blanket statement that "we know MMT is a bad long term policy" which the other poster was rightly pointing out is wrong. This is a ridiculous blanket statement, and clearly and obviously false. Such argument
237.
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by
cultus
6y ago
It's amazing how our bloated financial industry doesn't even come close to its supposed goal of efficient capital and risk allocation, but it is instead a huge source of unnecessary risk through nonsense like this. However, it mak
238.
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by
cultus
6y ago
Yeah, it seems like the direct-democracy aspect is pretty essential to avoiding totalitarianism. More local control means popular will is laundered through less levels of representation. Rojava is fairly stable for its situation, but I actu
239.
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by
cultus
6y ago
>Not sure why you were flagged - times of discontinuity seem like the best time to discuss how we'd like the next equilibrium to look. "Free speech" for me, not for thee with these types.
240.
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by
cultus
6y ago
Not anytime super-soon we won't. Even fast tracked, drugs take a while and often don't pan out. Chloroquine and the one Gilead developed both turned out to be duds. You're engaging in the normalcy bias.
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