guylhem

26 ms·

151.
by guylhem 14y ago
Oops. I stand corrected! 11pm and going to bed here, but I fill fix the typo first. It could make a bad taste joke, since it's obviously not for sale ;-)
152.
by guylhem 14y ago
I strongly disagree about a "qualitative improvement". facebook may be fun, but not that fun if you can't put a dollar value on it or the surrounding ecosystem. The great stagnation is a real issue. There is a visible disconnect in the grow
153.
by guylhem 14y ago
As someone else said, "He's gotten remarkably good at not making testable recommendations or predictions." With a bad spirit, one could say he got medal for that. Yet his work on new trade theory in international commerce, and how the europ
154.
by guylhem 14y ago
I'm sorry, but how constructive is your comment really? Do you think it's and ad-hominem on Krugman? He's not popular with me, but even leaving that aside, there's something more here. Some say love and passion are two sides of the same coi
155.
by guylhem 14y ago
Sometime you get what you pray for :-/ Krugman wanted the housing bubble, he got it. Please tell me, has he asked for any education bubble? I'm not really following what he says unless it's too wonky (like he last piece about Adam Smith hat
156.
by guylhem 14y ago
What is the point in beating a dead horse ? Krugman is often wrong. He got a nobel prize, good for him, but we should not take his opinions - or the opinion of any nobel prize or other authority figures - as words from the gods. Remember, p
157.
by guylhem 14y ago
Read John Rawls first work, read Ayn Rand. See the parrallels yourselves. Only the first one was acknowledge by the establishment, while the second one was not. Interestingly, they process more or less the same way, and come to very similar
158.
by guylhem 14y ago
We are on the same page. I wouldn't phrase it that way, but yes, ideally negative externalities should be internalized by individuals to make the problem vasnish. But failing that, if individual parties may engage in negotiations to achieve
159.
by guylhem 14y ago
I'm not for or against any religion. It's all a matter of proportion. How many Koresh are there? Enough to put beheading/stoning/etc. videos on youtube ? Islam seems to have the #1 "bad spot" at the time. I feel very sorry about that, becau
160.
by guylhem 14y ago
Reason says rent seeking is improductive and self destructive behaviour. One will engage in such activities only if the expected returns outweights the costs, which include the destruction of the system. A rational person will not come to t
161.
by guylhem 14y ago
I am not sure I understand you- it is both actually. Making typos and being a french speaker are not exclusive. It seemed to me that "gauge" was generally accepted use in that meaning. The American Heritage College Dictionary, Fourth Editio
162.
by guylhem 14y ago
Try buddhism or stoicism (I read Seneca) and you'll be happy my friend, even with less :-) You'll even be happier to see everyone in the human race is getting more. It even beats being dumb with a full stomach, because how good is happiness
163.
by guylhem 14y ago
freedom and equality are not opposed. Meritocracy can accomodate both. To follow your example, if the brain-damaged child strangled by his umbilical cord achieve just as much as the normal child, he has more merit. That's the 2nd principle
164.
by guylhem 14y ago
Rent seeking can't and won't last. You don't need to go very far - just read http://reason.com/archives/2013/04/14/the-end-of-power on the frontpage today (the comments suck however - they basically try to deny the fact that for humanity
165.
by guylhem 14y ago
Yes, as everyone knows, money launderers are gentlemen, who will stick to their word in a gentlemen agreement. And this valuable process will be generously provided for free, by another gentleman, thus making the whole money laundering a co
166.
by guylhem 14y ago
Zenocoin argument stands. If you have access to the full bitcoin chain, can you write a mathematical proof that allows one account to transfer anonymously to another account, without using a "tumbler" mixed account? IMHO, you can't. That's
167.
by guylhem 14y ago
It's not that extensive at the moment, just a side project fueled on my curiosity. I have to evaluate my knowledge of economics before I can commit to creating value up to the amount it would cost to the crowdfunders, but then crowdfunding
168.
by guylhem 14y ago
I'm not very familiar with how the FED operate, related to the US government. I just know the textbook stuff- that it takes order from the politicians (ex: obama and the congress could ask for a trillion coin, pretty please), can be forced
169.
by guylhem 14y ago
This is the best article I've read these last few weeks - about education, signalling and redemption. Many people play the education game just like this guy did, but find their salvation on the way. There are many opportunities, like when w
170.
by guylhem 14y ago
Any fact to back that up? Any economical analysis? I fail to see how it answers the question so I downvoted (bad me) Taking a similar example, in 2010 it was unlikely Stuxnet was government made - people talked about the black market and hi
171.
by guylhem 14y ago
The possibilities you list are interesting, yet I suggest you read another essay posted here about "legal/illegal" bitcoins, where governments could force one to "declare" what its bitcoin accounts are, and treat all incoming payments and o
172.
by guylhem 14y ago
I'm not sure I understand your point. It seems inconsistent with walrasian pure and perfect competition, where profits tend to zero and the optimal outcomes are achieved. Eliminating the inefficiencies, ie profit in pure and perfect competi
173.
by guylhem 14y ago
I have a beef, but with inefficiency due to wilful stupidity. You could be right- there was even a well written essay I read about how governments could try and turn bitcoin into an oppressive financial system, due to the ease it provides t
174.
by guylhem 14y ago
Today's currencies are based on government. They are fiat money in that sense, ok. Bitcoin is "pure fiat" as in "based on trust of the people, by the people". Notice how the government word is absent. I don't think we had that before - at l
175.
by guylhem 14y ago
Maybe, just maybe, it's not Adam Smith who hates bitcoin like this misleading title suggest, but Krugman. The guy may have a nobel prize, but his strong leftist views seems to be clouding his judgement. Never before in history was there an
176.
by guylhem 14y ago
I disagree. Take a military analogy - if you're not doing something "shippable" (ex: fighting), you are training to maintain or raise your potential for when you will have to get in action - or at least to maintain discipline. I'm not into
177.
by guylhem 14y ago
Well that's a good hack!! that's why I read HN, not for some Arrington story. I wouldn't have guessed there was enough data left in the picture of the gramophone track to recreate audio from it. Which makes me think about Shannon theore
178.
by guylhem 14y ago
Who said microeconomics was not useful :-) For those who are not used to that, it's a very simple linear regression, followed by an estimated demand equation, which you then turn into profit by multiplying each side by prices. To find the l
179.
by guylhem 14y ago
Why are so many people discussing the evidence here? If one seriously believes the BMJ would let a questionable study be published, think again. I'm not saying everything that is published in high quality peer reviewed journals is absolutel
180.
by guylhem 14y ago
Excellent remark : like you, I keep some minimal in-between stretching (and I pay much more attention to drinking sweet cold water or soda during effort) I do that ministretch when I "hear" or "feel" cracks that just should not occur in

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