lend000

99 ms·

961.
by lend000 9y ago
This could not be more wrong and it's discouraging to see it on the front page of HN -- index investing exerts a normalizing pressure on the prices of assets, which is rarely supported by the underlying values of the companies. This is
962.
by lend000 9y ago
> Dimon later noted that his daughter purchased some bitcoin.
963.
by lend000 9y ago
They most likely have access on their own -- seems a bit suspicious why so many open AWS ops reqs require a security clearance.
964.
by lend000 9y ago
I agree -- but they don't. Let's imagine that the Internet started with IPv6 and NAT never became the standard. How many legacy routers would there be floating around with no built-in firewall? How would that affect the security l
965.
by lend000 9y ago
It is the firewall. How many typical consumers have a dedicated firewall?
966.
by lend000 9y ago
Imagine our current issues with poorly secured devices connected to the internet (with default creds, for example), and then compare that with all of the embedded devices secured behind a NAT. It's an important security layer.
967.
by lend000 9y ago
I believe you're thinking of taxpayer funded sporting events, e.g. NFL stadiums and Olympic games. There's a big difference between that and a legitimate business.
968.
by lend000 9y ago
That's the value proposition of something like Siacoin or Filecoin. If Dropbox did that, you wouldn't be able to reset your password (since they do not store your password, just a salted hash, I hope). Dropbox does plenty of inter
969.
by lend000 9y ago
It's the preferred method in Python.
970.
by lend000 9y ago
True, Bitcoin was already reversing before the announcement. However, NEO was definitely impacted by the news.
971.
by lend000 9y ago
You could probably get it off the ground a lot faster if you lost the self-replicating requirement. (Self-replication / self organization is super cool and a research field of mine, but still a ways away from production). Just make a l
972.
by lend000 9y ago
Taboo question: What is an acceptable homeless population? What is your reference point? Obviously, poverty will always exist in some form, but how much can we realistically improve it?
973.
by lend000 9y ago
Easier said than done -- not all wealth is liquid. What if someone has all their wealth in one or two real estate properties? Or a family heirloom gem collection which is worth a lot but which they refuse to sell (and otherwise are not weal
974.
by lend000 9y ago
> WA would have much better infrastructure Supply and demand does not care whether your state votes red or blue. You've put forth two common misconceptions here -- one stems from a lack of economics training (that increasing prices
975.
by lend000 9y ago
I hope you don't truly subscribe to the ad hominem nonsense in "The Free Market Fairy." A discussion about free markets is sort of off topic anyway, so I imagine you just saw the keyword 'market' and made some assum
976.
by lend000 9y ago
> When they bid countries or states against each other I have nothing to say specific to this case, but there is a market for governments (very distorted since options are very practically limited for most people, although corporations
977.
by lend000 9y ago
Ever heard of positive feedback? Too late to do it your way.
978.
by lend000 9y ago
Not all Keynesian fantasies go on forever. If we are not careful (which we aren't), then at a certain point, those interest payments become a runaway expense. See Puerto Rico. California is not exactly a model of fiscal excellence -- t
979.
by lend000 9y ago
And in practice, Keynesian economies don't do the 'curtail surplus spending' part, so we end up where we are now with debt interest taking up a significant part of US spending, with signs of increasing significantly.
980.
by lend000 9y ago
The thing about Keynesian economics is that it isn't sustainable in the long term, because there is never a plan to pay off the debt accumulated during each recovery. In practice, keynesians talk about increasing spending during recess
981.
by lend000 9y ago
Seems to me like it's rather tangential to the true source of political division in America, in which both sides now tie ideas/facts to one of two "teams" / political parties, and actively reject discussion about so
982.
by lend000 9y ago
> Well, I did say early on that such hypothetical discussions would feel off-topic in response to an article about an actual class-action lawsuit based on current law. Not off-topic as in verboten, but in the sense that such un-scoped di
983.
by lend000 9y ago
> then this discussion becomes pretty abstract You have hit the nail right on the head -- this is indeed meant to be an abstract discussion. I am discussing what ought to be and why, not debating which laws exist, which would not be very
984.
by lend000 9y ago
That's a terrible idea. It punishes companies that have slim margins and raises prices for everyone. Washington State actually does something similar.
985.
by lend000 9y ago
No, there is an objective difference -- the difference between "a crime was committed" and "a crime was not committed." For any other crime, there is no question that the action is criminal -- it's only a questi
986.
by lend000 9y ago
You seem to have taken this post very personally instead of analytically. I suggested some reasons that would explain why companies that hire younger tend to be beating companies that hire older, i.e. that there clearly is an economic adv
987.
by lend000 9y ago
If there's an externality, I'm all for addressing it. With pollution, there clearly is. However, for discrimination, there are two issues: 1. challenges to freedom of association. 2. The fact that it is a thought crime, which I di
988.
by lend000 9y ago
There is a key difference. In all of those "normal" crimes, the action itself was unequivocally a crime, whereas with discrimination laws, the action is only a crime contingent on the intention / what the employer was thinki
989.
by lend000 9y ago
Perhaps the fact that it's unprovable should give pause to entertaining thought crimes in the first place (i.e. discrimination cases, where the employment decision is only a crime contingent on what the employer was thinking while maki
990.
by lend000 9y ago
I didn't see any proof in your linked article, but it succinctly describes what we already know: "The law requires employers to base employment decisions upon each person’s strengths and talents instead of relying upon generalized

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