jjxw

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Stitch Fix files S-1(sec.gov)
3 points by jjxw 9y ago|0 comments
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by jjxw 9y ago
There was a joke floating around somewhere (Matt Levine I think?) that one strategy to avoid a jury trial proceeding was to become so publicly infamous that it would be impossible to select an unbiased jury. Clearly didn't work out for
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by jjxw 9y ago
There seems to be a misconception regarding what Shkreli was found guilty of. The legal case here has very little to do with the pharmaceutical pricing controversy - it is a separate case based on a separate hedge fund that he managed. The
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by jjxw 9y ago
Not to presume any motivations of Bitcoin's creator, but it doesn't hurt when the success of your research also nets you an incredible amount of wealth. Though, as far as I know the presumed wallet that he owns has not had any fun
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Best of Both Worlds: Improving Basic Income with Libertarian Paternalism(medium.com)
1 points by jjxw 10y ago|0 comments
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by jjxw 11y ago
The reasoning behind why lotteries can be damaging to the socioeconomically disadvantaged is similar to that of alcohol, tobacco, and other drugs. It offers an escape and "hope", as some have put it for the lottery, but there is a
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by jjxw 11y ago
Better hope that if / when general intelligence AI arrives that there are isn't anything which optimizes for "bringing down the denominator" of the human population.
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by jjxw 11y ago
Ah, you are correct. The term I was actually looking for is moral hazard. The reason why banks require evidence of ability to repay the loan is because, without them, there would be a huge incentive for borrowers to take loans without payin
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by jjxw 11y ago
Ah, I misunderstood. It looks like a version of this exists which provides tax incentives to hire veterans, food stamp recipients, and other disadvantaged groups. https://www.doleta.gov/business/incentives/opptax&#
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by jjxw 11y ago
In general, I agree, but there is a cost to such regulation in the sense that it would make banks more wary to lend to legitimate borrowers on the promise of future basic income payments. Making it illegal to seize basic income assets in th
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by jjxw 11y ago
The EITC has got you covered: https://en.wikipedia.org/wiki/Earned_income_tax_credit
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by jjxw 11y ago
My understanding of most implementations of Basic Income is that the funds would come from taxes or budget cuts in other parts of the government rather than printing money which would reduce inflationary pressure. The problem with raising p
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Basic Income: Unintended Consequences(jonthewang.com)
37 points by jjxw 11y ago|62 comments
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by jjxw 11y ago
The most egregious example of trolling I've witnessed involves a case where wifi patent trolls have sued end user businesses (think hotels, coffee shops) which own and use routers. They did so intentionally because small businesses wer
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by jjxw 11y ago
Very cool, thanks for the link. I'm interested in seeing how well this matches up with the Attorney General's data if they are not from the same source.
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by jjxw 11y ago
California also released a dashboard that covers arrests and the number killed by law enforcement which is based on data that is maintained by the CA Attorney General's Office: http://openjustice.doj.ca.gov/data I&#x27
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by jjxw 11y ago
That was the first thing I attempted to search for and the output from the site is: Spanish: did you know that the popular anecdote about the Chevrolet Nova is an urban legend? Google for "snopes nova". It's a nice detail.
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by jjxw 11y ago
It kind of was: >“We discovered the tile using using a computer to exhaustively search through a large but finite set of possibilities,” said Casey. “We were of course very excited and a bit surprised to find the new type of pentagon.