wnc3141

19 ms·

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by wnc3141 3y ago
This feels like an intuitive conclusion. Of course sequestration from society is bad for mental health and ability to reintegrate into society. Prison phone call fees however are another example of the patronage to vendors. It was never abo
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by wnc3141 3y ago
On the contrary, it's difficult to sustain the lifestyle of a unicorn founder unless you have a unicorn valuation. In less sarcastic terms, the ecosystem (VCs, founders etc) often is drawn to or selected for those who whish to get rich
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by wnc3141 3y ago
Its interesting given that it would probably be easier to just hire a few competent managers to steer Twitter into profitability rather than Musk actively managing Twitter into the ground.
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by wnc3141 3y ago
The door revolves on upon graduation as it does on admittance . MIT seats are scarce because so many want access to the influential network of MIT alum, as MIT students might be favored in highly sought after jobs. MIT maintains the scarcit
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by wnc3141 3y ago
My guess is those vacations were booked long before checking the weather. Sure maybe a sunk cost thing but the commitment and scarcity of time off is pretty understandable
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by wnc3141 3y ago
A common phrase of the "soft bigotry of low expectations" is at work here. Those held to lower standards will fall to lower standards, deprived of the resources and support to achieve. The article attached provides a fantastic exp
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by wnc3141 3y ago
There's something about being very well constructed with high attention to detail / finishes. Growing up my parents had a new Subaru and a much older Mercedes station wagon. As a teen driving both, you could feel the difference in
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by wnc3141 3y ago
I think its more of a systematized rentiership rather than fraud. There's no difference between local ownership and private equity except for the level of systematization. With that said, I do agree that we've rewarded this form o
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by wnc3141 3y ago
I think this helps disempower scabs. Plenty of non union people would love for s studio to pic of their script, or the studio might pull an old script out of the bin
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by wnc3141 3y ago
I think while it's impressive to think that the moon landings achieved an incredibly bold and complicated task, it just shows what's possible if you siphon off a big chunk of GDP into big projects and an organization capable of ex
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by wnc3141 3y ago
I think the calculus of a company deciding on an imperfect automation (such as self-checkout) is that it either won't prevent a purchase. in the case of chatbots, the purchase already happened, hiring a person to do this is just overh
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by wnc3141 3y ago
Posting this article, in reference to how often firms are assumed to be owned by shareholders, or have a legal duty to maximizing shareholder value. This was also my assumption prior to my MBA. Shareholders have few legal entitlements (bein
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The Shareholder Value Myth (2016)(corpgov.law.harvard.edu)
2 points by wnc3141 3y ago|1 comments
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by wnc3141 3y ago
Many scholars note thay a B-corp is mostly a marketing strategy. There is little in B-corporate status that meaningfully differentiates from a traditional corporation, except to signal to customer and shareholders the intent of the firm to
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by wnc3141 3y ago
I think it's worth considering how much economic mobility is tied to economic status prior to college. I find a purely race based admission system fails to identify that, and in place gives an easier solution to building diversity comp
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by wnc3141 3y ago
I would hope their maximization includes other benefits of living in a community such as presence of arts, local restaurants, school teachers and first responders without commute induced burnout etc.
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by wnc3141 3y ago
In labor economics, they refer to that slightly higher price (compared to the minimum clearing price) as an "efficiency wage" - it describes the same thing you describe above. Only note that this is a profit maximizing behavior -
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by wnc3141 3y ago
I think what you are noticing is the difference between a liberal democracy and autocracy. Where in one there exists a social construct of rules, where in the other rules require enforcement to exist, as they do not exist in the social cons
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by wnc3141 3y ago
After hearing about the experimental nature of the firm (see: https://www.youtube.com/watch?v=29co_Hksk6o&t=203s ), does anyone have any perspective on the firm's ethics or responsibilities for unknown dangers? How
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by wnc3141 3y ago
I too am interested in this question, may I piggyback and add a question about whether the basic capsule shape is as efficient in negative pressure as it is in positive pressure
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by wnc3141 3y ago
The book value of a company does not reflect the whole strategic value an acquisition provides (talent, userbase, moat) etc. -basically anything not listed on the balance sheet. "Good will" encompasses the remainder of the value o
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by wnc3141 3y ago
I used to sail as a teen, but now the increased effort of pick something out> find + download the torrent> stop the seeding> cast to screen is too much for me to bother anymore.
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by wnc3141 3y ago
Is it just an early stage index fund?
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by wnc3141 3y ago
One interesting implication of AI is the potential decapitalizing of business. I.e, businesses will become more modular and not require things like as much dedicated admin to scale. This will not increase the likelihood of product market fi
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by wnc3141 3y ago
It would be interesting to incorporate the ferry times the staten island train only appears 40 min. to staten island
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GM will join Tesla's EV charging network in step closer to us industry standard(bloomberg.com)
30 points by wnc3141 3y ago|11 comments
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by wnc3141 3y ago
Innovation is the key factor of economic growth in industrialized economies. Innovation produces wealth , which in turn produces innovation sort of cycle. Light has in sorts been dematerialized, i.e we get more output per raw material of in
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by wnc3141 3y ago
mad money and the SPAC shills on these financial networks is as BS as anything else.
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by wnc3141 3y ago
I lived in Denmark for a year a few years ago during University and lived with a Family, and remember that for most families not living within the densest core of the city owned one car but used transit for most if not all local trips. The
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by wnc3141 3y ago
Economist Jean-Baptiste Say (with some criticism) claims that in the long run, the economy will fix itself. That is because, when people attempt to solve problems for one another that inherently creates a market. John Maynard Keynes respond

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