tpeo

43 ms·

391.
by tpeo 11y ago
Not Gresham's Law per se, as it is specific of money. But what you're describing is essentially a form of adverse selection (see Akerlof's "Market for Lemons"). If employers lower their wage offers below the reserva
392.
by tpeo 11y ago
>I think the worst explanation for procrastination I've come across is that it's caused by not truly enjoying the activity that is being procrastinated upon. I actually believe in this, though it's a somewhat far-fetched c
393.
by tpeo 11y ago
>with the advance of information technology we should see more, not less, of these accomplishments recorded This is an over sophisticated way to say "no evidence, no thing". I don't intend to defend the existence of big fo
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by tpeo 11y ago
A "fallacy" would imply some hidden logical error or some loose thought, but this isn't the case: the idea that "great men are important" isn't by itself fallacious. The error lies in denying the contribution o
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by tpeo 11y ago
I disagree with much of what was written, but I find it hard to address what seems, to me, more like a long analogy than anything else. "Capitalism" doesn't maximize "capital", in any sense. The word "capital&q
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by tpeo 11y ago
I believe this submission vindicates, to some degree, the 'nostalgia' for pre-2012 internet that was so condemned in https://news.ycombinator.com/item?id=9960730
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by tpeo 11y ago
There ain't no such a thing as talking people out of a free lunch. Or I don't think so, at least. Even the best of us fall for it.
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by tpeo 11y ago
"Maturity".
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by tpeo 11y ago
Water from unbaked clay filters feels fresh due to evaporative cooling [0]. Some of the water seeps through the walls and slowly evaporates, cooling the recipient. The magnitude of this effect depends on air humidity. This is the same princ
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by tpeo 11y ago
There were many such attempts since Raymond Lull, and even Descartes toyed the notion for a while, but I'd more readily think of Leibniz's Characteristica Universalis , whose intent was to outright reduce language processing to c
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by tpeo 11y ago
This article takes up a common position that calories are " wrong " because, due to our bodies' complex natures, such an arbitrary measure ignores a lot of what is going on. And yet, every time this view is expounded, someone
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by tpeo 11y ago
Rather, it becomes "revealed preference theory".
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by tpeo 11y ago
Do astronomers perform experiments? This is the example used in methodological discussions of economics. I don't know if astronomers do actually perform experiments on some limited scale, but it seems that classicaly they relied on &qu
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by tpeo 11y ago
I know this isn't a particularly constructive comment, or even a constructive comment at all, but reality really blows my mind sometimes.
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by tpeo 12y ago
'I could see someone go through the 100 SMS very quickly in a "conversation" where the imaginary person has to answer a bunch of short texts like "yes", "and you", etc.' Reminds me of the Argument C
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by tpeo 12y ago
There's no guarantee that individual banks will have enough deposits to cover their liabilities, so they first have to wait until the end of the day in order to clear all transactions made and fix any possible deposit shortfalls by ope
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by tpeo 12y ago
Graeber makes no distinction between "useful" as in: a) creator of exchange value to it's maker; b) creator of utility to it's holder; b) psychologically "meaningful" to the worker. And while the core of the ar
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by tpeo 12y ago
I think the graphic design aspect of contemporary UIs isn't as big of a problem as their overall design philosophy. Developers seem to have conflated "minimalism" with "slashing features and hoping no one notices",
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by tpeo 12y ago
In microeconomics, there's the concept of a "marginal consumer". When a demand curve is formed, it's so by mapping all the consumers' reserve prices (i.e. the maximum they're willing to pay for a product) on th
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by tpeo 12y ago
If the first step to suicide were ideation, which is usually the result of prolonged psychological isolation, then wartime simply can't provide the proper enviroment for it. During a war everyone huddles together trying to survive, and
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by tpeo 12y ago
The "argument from fallacy" is sadly missing.
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by tpeo 12y ago
" the cold, hard-hearted hand of Adam Smith " Adam Smith was a lovely fellow and a gentleman, you must be thinking of Thomas Malthus.