dpatru

32 ms·

241.
by dpatru 15y ago
> wages only start coming into consideration when the difference is larger I would think that wage differences would be most important when wages are small. The difference between $5/hr and $6/hr is a lot more important than the differe
242.
by dpatru 15y ago
Robert Murphy is an austrian economist who was trained by keynsians. He talks about the the difference in approach in this video: http://www.youtube.com/watch?v=hkDYsRDah3I
243.
by dpatru 15y ago
> employer would hire someone that only produces $96 worth of value per week for $106 per week? The argument is a little more complex than that. No business will operate at an outright loss. But the minimum wage can cut into a business'
244.
by dpatru 15y ago
> this abuse of the system should be prevented via a minimum wage law. That would cut into the employers profits, but there's nothing wrong with that. Hazlitt uses the whole book to drive home the most important lesson about economics,
245.
by dpatru 15y ago
> Self responsibility . . . would help. The point of a lot of great tech is to help humans where they're weak. People in general are not very responsible nor do they remember well: That's why we have schools and calendars.
246.
Interesting business model: Readability: Enjoy Reading. Support Writing.(readability.com)
3 points by dpatru 15y ago|0 comments
247.
by dpatru 15y ago
> why it's good to have a global economic system that is at great risk if the United States gets rid of it's debt The banking industry makes money when it issues loans. So it's very important that people keep borrowing. To keep people b
248.
by dpatru 15y ago
The reason why buying a house is considered a good "investement" is because the government/federal reserve keeps creating more money and devaluing the dollar. Under such conditions, the person who borrows a lot of money now will do well. Ho
249.
by dpatru 15y ago
There are tens of thousands of students taking these courses. There's probably a business opportunity here. How could a startup make money by hiring, say, one hundred of the best Machine Learning graduates?
250.
by dpatru 15y ago
> I worry that it might not be sustainable. The rise of Wikipedia with the concomitant decline of commercial, paper encyclopedias offers some insight into the future of education. In the future, there will be more education available an
251.
by dpatru 15y ago
I'm just pointing out that there is at least one candidate who want to change things. Rather than complain that things will never change, one could go to work supporting and promoting politicians who would fix things. An example is http://
252.
by dpatru 15y ago
> That there is no one who you'd actually want to vote in to public office to replace the scoundrels that screw the people over and over again is another issue. Ron Paul is running for President on a platform of drastically reducing the
253.
by dpatru 15y ago
The point of trade is to allow each party to get what they want at less cost than they would be able to get independently. If one party wants to sell, but the other party doesn't want to buy, then trade does not happen. This is not bad th
254.
by dpatru 15y ago
. . . they shall beat their swords into plowshares, and their spears into pruninghooks: nation shall not lift up a sword against nation, neither shall they learn war any more. But they shall sit every man under his vine and under his fig tr
255.
by dpatru 15y ago
> You cannot make things without taken into [consideration] who would consume them and by how much. A business is based on how many people actually USE what it makes, and are ready to pay for it. Exactly. Perhaps a good way to view this
256.
by dpatru 15y ago
If no one likes fish, then fish are not "supply." They are waste from an economic standpoint. Toyota famously took this view, that over-supply is waste. Their just-in-time production was designed to eliminate this waste.
257.
by dpatru 15y ago
Supply and demand are just two sides of the same coin. To Apple, the iPhone is supply. Apple supplies iPhones to meet consumer demand. But the iPhone is also Apple's demand. Its production of IPhones determines how much other things it wil
258.
by dpatru 15y ago
> who is going to consume these products if people are saving? Peter Schiff tells the story of a six guys stranded on a deserted island: five Asians and an American. They divide up the work as follows: one Asian hunts, one Asian fishes,
259.
by dpatru 15y ago
This generates the Cartesian product and filters. (x,y) where both x and y are drawn from the original list. The previous solution only generates pairs (x, y) where y is drawn from elements after x.
260.
Steve jobs is dead(en.m.wikipedia.org)
6 points by dpatru 15y ago|0 comments
261.
Addiction is ...(web.archive.org)
5 points by dpatru 15y ago|0 comments
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The Toughest Little Bird You've Never Heard Of : Krulwich Wonders...(npr.org)
1 points by dpatru 15y ago|0 comments
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Image Scraping Example Using the Ruby Mechanize Library(markerdmann.com)
1 points by dpatru 15y ago|0 comments
264.
The myth of science as a public good(youtube.com)
3 points by dpatru 15y ago|1 comments
265.
Four minute explanation of how barcodes work(youtube.com)
1 points by dpatru 15y ago|0 comments
266.
by dpatru 15y ago
> The reason that the government should provide . . . welfare . . . is that it results in an incredibly desirable situation where any citizen of the United States would know that, no matter what . . . it is guaranteed that they will be
267.
by dpatru 15y ago
I would really like to see a typed programming language to build web apps on App Engine. Most of the bugs I track down could be caught at compile-time.
268.
by dpatru 15y ago
Dane says in the interview that he decided to go with Django because "Python is like the fastest executing language in the world." Reminds me of the story of a high school class reunion where Bob shows up in a limousine and obviously very w
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How To Build A Profitable Lifestyle Web App, Even If You’re Not A Developer(mixergy.com)
8 points by dpatru 15y ago|2 comments
270.
by dpatru 15y ago
A site that connects growers with eaters, especially in dense areas. It's very easy to grow much more than you need in a garden, but it's not so easy to sell the surplusage. I can buy vegetables and fruit at the store but it's not just-pick

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