jshaqaw

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301.
by jshaqaw 7y ago
There are significantly fewer people voting in the Iowa democratic caucus than who live within 10 blocks up or down from me in NYC. Does it matter who got 50 more votes than another candidate? The idea that this tiny number of voters who a
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by jshaqaw 7y ago
No. Default correlation models and liquidity trap macro concepts don’t have anything to do with each other except you will find math in both.
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by jshaqaw 7y ago
American democracy, the left believes, cannot be rejuvenated by persuading elites to deploy their excessive power somehow more benevolently. Instead, it requires breaking the stranglehold that elites have on our economics and politics, and
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by jshaqaw 7y ago
The blame here is squarely on Apple. After Jobs they treated the iPad as if it is just a big iPhone. It is a device of incredible potential but developers can't make an economic model work with iPad centric software which really take
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by jshaqaw 7y ago
Unless you are evading taxes, cash has costs to handle, store, move, etc... That is why cashless businesses emerged in the first place.
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by jshaqaw 7y ago
This isn't a pre-canned response. I'm not arguing for or against the current tax regime. Here is the theory: Assume a normal corporate tax rate of 20%. If a company makes $100 of profit it will have $80 of after tax profit. Le
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by jshaqaw 7y ago
Seems perhaps like a shiny distraction from calls for economic regulation or privacy regulation.
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by jshaqaw 7y ago
The issue is double taxation. Income at the corporate level is already taxed at corporate tax rates (albeit these were significantly higher before a Trump). When a profit is realized by selling shares that same income is effectively taxed a
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by jshaqaw 7y ago
Not to mention states without income tax fund themselves somehow. There are other taxes which partially offset the lack of state income tax.
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by jshaqaw 7y ago
Cost of living is real. Weather is real. Outside of a few highly nomadic ultra-high net worth types the tax advantages of moving states is just too trivial in absolute terms for most people to bother with. The idea that masses of people
311.
by jshaqaw 7y ago
What is the baseline of burnout for all mid-career professionals? I'm a mid-career guy and most of my friends/peers are a little burnt out no matter what they are doing. Balancing any serious career with kids on one side and agi
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by jshaqaw 7y ago
Having a 9-5 job and retiring at 65 are dreams come true for most of the world. Even under an alternative to capitalism you will probably have to get up and go to work. Socialism isn’t another word for trust fund.
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by jshaqaw 7y ago
Pretty sure much of the existing state and local tax base is already funded by a wealth tax called property taxes. I agree implementation gets harder when you get into more escoteric assets like art.
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by jshaqaw 7y ago
Or much of what millennials believe will shift when they become middle aged and holders of reasonable positive net worth.
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by jshaqaw 7y ago
Sort of. While there are far too many complex exceptions and loopholes, a non pass through entity pays corporate tax on earnings. The tax on capital gains is a second tax on the same earnings.
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by jshaqaw 7y ago
Most everyone supports a wealth tax. Most everyone thinks wealth starts at a level way higher than themselves.
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by jshaqaw 7y ago
In the NYC area we get a lot of pollution from coal burning power plans in the Midwest. Air currents take all that pollution and dump it here. Probably similar for Pittsburgh.
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by jshaqaw 7y ago
And yet if you actually try to invest for your life on this basis you will reach the end of your working life with very few assets to fall back on.
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by jshaqaw 7y ago
I don’t mean to be glib here but if you are dead do you really care? If you can’t trust your spouse and kids after death then maybe you need to reconsider your relationship choices?
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by jshaqaw 7y ago
I agree that smart boards are a joke. They suck down scarce dollars and add de minimis educational value. Then they break and become really really expensive whiteboards.
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by jshaqaw 7y ago
Don't forget that a fifth grader who has been held back several times can be a teenager
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by jshaqaw 7y ago
In many cases the roles of teaching and research should be split. More tenured faculty - particularly in the humanities and social sciences - should focus 95%+ of their time and resources on teaching. There is so much overproduction of sc
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by jshaqaw 7y ago
The building Roerich built on the Upper West Side as a center for his movement was rumored by some conspiracy cranks as one resting place of the holy grail until the 1970s. I love Roerich lore.
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by jshaqaw 7y ago
Legit question. I think people are just different. I need to take a ton of notes because without them I’m lost on my work and life. My memory needs a refresh tool. I work with someone who can juggle 50 complicated situations at once and ke
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by jshaqaw 7y ago
In the US insider trading law is that information must not only be made public but have reasonable time to be disseminated. What exactly that means in the era of text parsing quantbots is unclear but it is the law.
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by jshaqaw 7y ago
Unclear to me if it's a crime. I haven't seen anyone say this usage was explicitly banned in the BoE contract. If not, it was certainly sleazy by the vendor but more a failure of the BoE to properly vet and draft agreements then
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by jshaqaw 7y ago
I have had grandparents live into their late 90s with a decent quality of life. I think they appreciated life extension pas their early 80s.
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by jshaqaw 7y ago
Congratulations. Solve a real problem for people and make a nice income stream.
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by jshaqaw 7y ago
I expected the downvotes. I am no McKinsey apologist. I worked there for a short time. I didn't like it and left. I have no illusions about the place. But if you don't know what it looks like when a political campaign generat
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by jshaqaw 7y ago
The surge of negative articles about McKinsey lately seems to suspiciously benefit a certain Democrat running for President at the expense of another. Call me suspicious but this all seems like a politically coordinated hit job.

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