zcarter

6 ms·

1. 31.▲
   by zcarter 13y ago

   Lawyers: What precedent is there for supreme court decisions citing a specific piece of evidence as the basis for their ruling, where that piece of evidence is later shown to be erroneous?
2. 32.▲
   by zcarter 13y ago

   What we are seeing now is the end, not of hypocrisy, but of credibility. The prediction that institutions founded in a limited information environment (and their extant policies specifically) will simply continue in an unlimited information
3. 33.▲
   by zcarter 13y ago

   On the inevitability human computer interfaces leading to some form of Übermenschine: "We just have to hope that Dick Cheney isn't the first person they plug in."
4. 34.▲
   by zcarter 13y ago

   If only LTCM were still around :(
5. 35.▲
   by zcarter 13y ago

   This is notable because the change in perceived risk (as measured by the yield) of default appears greater in the shorter term government debt (1mo) as compared to the debt maturing later (3mo). It would indicate that "the market"
6. 36.▲
   by zcarter 13y ago

   Seems a fitting time to remind those put off by this sort of complaining that it is not sufficient to merely convince like-minded bystanders to blame the victims. Victims must blame themselves for true peace and quiet. I say carry on with t
7. 37.▲
   by zcarter 13y ago

   The problem comes down to trust and incentives. The "promoted" job board model leads to a middle man agent ("agent" in the Economics sense) with asymmetric information who is incentivized to give poor advice. LinkedIn wa