lambdapie

14 ms·

31.
by lambdapie 11y ago
In the game you start with 38,000 dollars. For reference at a rate of return of 5.575% [0], this would yield on average 8.6 million after 100 years. I only mention this to give some idea of what the returns on investment are in the long t
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by lambdapie 11y ago
Ok I get it now. I think a natural reading of my statement is that the original post was claiming some cognitive bias, in which white color workers felt themselves to be inherently better than blue collar workers, vs my own view that whi
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by lambdapie 11y ago
The general principal seems to be replacing being distance X from the truth with probability 1, with being distance X/10 from the truth with probability 0.99 and distance X*10 from the truth with probability 0.01. This is consistent wi
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by lambdapie 11y ago
I haven't naysaid yet, but I'm always wary of big companies that take actions that clearly fit into some geo-political agenda. E.g. in this case, I suspect that the aim might be to embarrass and critique nation states such as Rus
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by lambdapie 11y ago
First, I was out of line in my edit. It's not for me to say how you should post on HN, so I apologize. I'll stick to the addressing the content of what you wrote. The difference in our viewpoints seems to be that you have an &q
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by lambdapie 11y ago
Funny you mention that. When I was a teenager I earned pocket money by running cat5 cable through buildings. In this case it was professional licensing, not unions, that made what I was doing illegal. I think professional licensing is ev
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by lambdapie 11y ago
You had me up to "law". From the econ perspective, the "free market" does not include lobbying for particular laws. To define it as such is mockery of the term. Assuming completely free property rights and contracts, u
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by lambdapie 11y ago
Could you flesh that idea out? It's not clear to me what parts of the sentence you're referring to.
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by lambdapie 11y ago
I don't think that's the primary issue people have with high wage union labor, and your comment shows an unwillingness to engage constructively with political opponents. Unions are a monopoly, and when prices (in this case, of lab
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by lambdapie 11y ago
I agree that controlling the supply chain/shelf space is generally bad (see #4 in my original point, like most economists I'm at best very wary of vertical integration). In spite of my original post, your post has inspired me to
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by lambdapie 11y ago
>I would go as far as call it false advertising. Especially when 10 brands are created that actually contain the same product. I disagree that branding the same product differently is false advertising. As long as the product lives u
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by lambdapie 11y ago
Seems like a good and (EDIT: ethically) legitimate plan for the most part #1. Create your own quasi-craft brands. This seems reasonable. If the taste sucks, the brand won't do well. If it doesn't, using a different brand is legi
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by lambdapie 11y ago
I was hoping he'd just made a really really heavy hammer, and happened to be strong enough to lift it himself.
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by lambdapie 11y ago
Actually there are other problems that are caused by the fact that you're not really doing HOAS, but something even more difficult, namely trying to infer the function by passing in values. For example LJSON.stringify(function(v) {
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by lambdapie 11y ago
Fun project. From examining the source code, they are using the technique that can be considered a kind of higher order abstract syntax (HOAS). In particular, LJSON can be fooled by so called exotic terms. E.g. LJSON.stringify(functi