nugget

27 ms·

241.
by nugget 7y ago
The headline is misleading. In the article it says Google is rezoning $750 million worth of land (+ $250m in subsidies) from commercial to residential use, and making it available for private development. It wouldn't surprise me if o
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by nugget 7y ago
I (and many other people, I suspect) don’t pick up unknown numbers, so whether it’s critical or not is besides the point.
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by nugget 7y ago
Feds control the currency and can print money. After watching QE, I don't believe printing a few trillion dollars would create meaningful inflation, especially while the USD remains the world's reserve currency.
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by nugget 7y ago
Pension funds assume 6-8% real returns in their actuarial calculations (and even then, most are painfully underfunded). If real returns come in much lower than that, then many of the State, local, and private pensions will be destabilized.
245.
by nugget 7y ago
Nobody really knows when the next recession will be or how bad it will be. Whenever it does arrive, the most interesting impact will be on the pension funds. A terrible but short recession e.g. 50% equity decline for 1-2 years after which
246.
by nugget 7y ago
Education is free. Credentials are not. We could spend the next two decades providing everyone with free credentials just in time to realize that the economy has moved on and they don’t matter any more. This is a more complex problem tha
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by nugget 7y ago
Most common bisphenol A replacements are reproductive toxicants. BPA has gained enough awareness that consumers are looking for “BPA-free” products and so companies have to abandon it for marketing purposes. The replacements aren't h
248.
by nugget 7y ago
I’m not sure why you’re downvoted. There’s immense financial and human capital in HK (due to low taxes and access to APAC), both relatively mobile. Europe absorbed millions of poor and unskilled Syrians. Half a million knowledge and high
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by nugget 7y ago
Yes, you're correct - I meant until the world transitions and oil is no longer such a strategic commodity to anyone, which could still be a hundred years away.
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by nugget 7y ago
The primary reason we care about Saudi is oil. US policy makers seem to view them as a necessary evil until we transition to renewable energy. No real effort is made to influence reforms. In fact, the more culturally isolated Saudi is fr
251.
by nugget 7y ago
>Most viable businesses with a steady revenue stream can afford to rent office space and furnish it on their own Yes, but do they want to? My experience is that companies increasingly want to focus on their core competencies and nothing
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by nugget 7y ago
You don’t always need a title check - you just need a party willing to bear the risk of problems with title, which are rare. There is plenty of margin to play with there.
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by nugget 7y ago
Non profit status isn't an instant fix for a dysfunctional system. Once the profit motive is removed, other incentives take over as primary motivators. The not for profit, Government-run Veterans Affairs hospitals have a higher admin
254.
by nugget 7y ago
Humanity has been having this debate for thousands of years, e.g. the fable of the Ant and the Grasshopper. It's a virtue to work hard and plan for the future. Delayed gratification is a foundational building block of civilization.
255.
by nugget 7y ago
Proponents of financial independence would say that high savings rates eventually buy you control over your own time which is one of the most rewarding things in the world.
256.
by nugget 7y ago
I mentioned women since I was replying to a specific observation in the parent comment. It's difficult for men to "have it all" also. An advantage men generally have is more time to reproduce. They can spend a couple decad
257.
by nugget 7y ago
I didn't reference sadness as a moral projection but rather out of empathy as some of these friends will share fears, doubts, and regrets from time to time. If a woman (or man) doesn't want to be a parent, then more power to them
258.
by nugget 7y ago
Yes on the second point, I think there's likely a distribution - perhaps 20% of participants use it as a helpful tool and 80% use it as a harmful crutch. I don't know what the actual ratio would be, but anecdotally I know quite a
259.
by nugget 7y ago
At the risk of wading into deeply controversal territory, I'll add some personal observations. One of the harsh realities I have seen is that it's very difficult for women to "have it all" meaning a fulfilling personal,
260.
by nugget 7y ago
Whatever it is today, I fear the future will be much worse. The most devastating existential consequences of loneliness can take decades to manifest. You feel a little lonely in your day to day life now, but wake up twenty years from now
261.
by nugget 7y ago
Not a chance. There’s still so much inefficiency in so many legacy industries. Software will continue to eat the world for decades to come.
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by nugget 7y ago
As the article itself points out, there is much debate about Oster’s claims and many physician scientists disagree with her claims. Personally, having reviewed much of the same source material - around pre-natal diets in particular - I dis
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by nugget 7y ago
I just looked up Zerodown. How does their model account for the foreclosure risk if there's a real estate recession?
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by nugget 7y ago
What do you mean by "throughput" and how do you measure it ahead of an interview? Given 50 resumes for an open position, how do you select whom to interview? Does your process scale to many dozens or hundreds of open positions p
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by nugget 7y ago
I'd rank the options (from most ideal to least) as 1. Gifted kid with other gifted kids, with individualized coursework (ex: Davidson Academy in Reno, Nevada) 2. Gifted kid with other gifted kids, with standardized but accelerated cour
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by nugget 7y ago
Generally I agree with your view, but there are real hiring problems that have to be solved first. >if Elon Musk comes out and says SpaceX considers a cert from $NetflixOfEducation as equal to an engineering degree from MIT on a resume..
267.
by nugget 7y ago
I would argue that as University education has scaled up and become commoditized, the value of a generic degree as a signaling function has decreased, and that in response the value of matriculation to a top school has only increased. Scho
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by nugget 7y ago
If every penny of the gas tax had to be spent on public road and infrastructure improvements, then there'd likely be broad based support for raising and - as with this proposal - expanding it as needed. However I'd be willing to
269.
by nugget 7y ago
Illinois wants to raise their gas tax to 44 cents per gallon. Assuming 20 mpg you'd have to drive about 45,000 miles to hit $1000 in State gas tax. If you factor in the Federal gas tax too, it drops to about 30,000 miles. The averag
270.
by nugget 7y ago
It would incentivize the purchase of pre-tax goods and services. Once you hit the top rate, anything your personal LLC could purchase (on your behalf) would be effectively subsidized. For example, the hiring of full-time personal assistan

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