JackPoach

6 ms·

1.
by JackPoach 4y ago
The points are valid. But it's entirely possible to replace 'Bad Economics' with even 'Worse Economics'
2.
by JackPoach 5y ago
It's not just density, many books are pure nonsense. So 200 books of pure nonsense a year won't teach you much. They'll just introduce you to a ton of terrible ideas.
3.
by JackPoach 5y ago
This is nothing new. Molten salt ideas have been around 30+ years and there are projects in Spain and other countries that tested them on small scale. The economics is still poor.
4.
by JackPoach 5y ago
Real wages have been stagnant since 1970s in the US. Median household incomes have only gone up because some people work in highly paid industries, like IT, plus household incomes include income from stocks and real estate AND most househol
5.
by JackPoach 5y ago
Clearly the Fed mostly. We'll see it once the supply chain issues go away, but high prices stay high.
6.
by JackPoach 5y ago
And it's probably going to only get worse looking at Fed
7.
by JackPoach 5y ago
It's not an indicator problem, it's a problem of people trying to time markets. Also, there are two ways to use the Buffet Indicator - right and wrong. The wrong way is to say 'it's overvalued, I should do something - sh
8.
by JackPoach 5y ago
Did you study the work of Ralph Nader and the auto industry? Or the history of tobacco industry? There are multiple examples when it worked in the past. I am quite confident that when abuse goes too far, the pushback is even bigger. I just
9.
by JackPoach 5y ago
Well, when each country does that it becomes economically unfeasible. Such fines work and work very well, once FB realizes that they lose more money from unethical behavior than they make, they'll stop it. I don't believe that an
10.
by JackPoach 5y ago
It's kind of strange to compare companies strictly based on their valuation. Saudi Aramco valuation today is higher than that of Apple but these are very different companies and I wouldn't claim that one is better than the other.
11.
by JackPoach 5y ago
Though coronavirus is very different in many respects, it's worthwhile (especially if you are older like me) to remember the history of AIDS. We've learned to live with it and limit its spread very effectively in the western world
12.
by JackPoach 5y ago
There's huge inflation in many things related to making cars (chips, steel, shipping costs as many cars are still being shipped across the ocean, labor costs, etc.). We are likely to be in the very beginning of significant inflation cy
13.
by JackPoach 5y ago
My argument is as follows - happiness can not AND should not be measured. Now, that doesn't mean that you can't define happiness as you want it and pursue it on an individual level. For instance - walking in the park makes you &#x
14.
by JackPoach 5y ago
Maybe, maybe not - you'd have to define which complex set of chemical combination is happiness and which isn't. But why? We know a lot about neurochemistry. We know a lot about receptors, neuromodulators and their interactions (se
15.
by JackPoach 5y ago
No, it's not my logic and your conclusion is incorrect. Measurement units don't actually exist (meters, seconds, inches, pounds, liters) - yet that's how we measure things and very successfully. Abstractions are critical to h
16.
by JackPoach 5y ago
Wouldn't it then be easier and more logical to set the goal as 'reduction of work hours from ... to...'? Personally, I don't believe that working less (or more) makes people happy (unhappy), but my whole point is that de
17.
by JackPoach 5y ago
You are absolutely correct. Moreover, reifications can be useful or harmful - purely based on how they are being used. That's why maps are actually useful, except for several individuals that died in Australia and other places by trust
18.
by JackPoach 5y ago
Do you understand the concept of reification? If not, see https://www.vocabulary.com/dictionary/reification#:~:text=Re... . So if you feel happy (or miserable) it means just that - that you feel happy (or miserable). It
19.
by JackPoach 5y ago
Should we be measuring at all? Claiming that people have to be more happy over time is a weird proposition for a biologist like me. Not only happiness does not exist (see reification), the idea that it can be 'measured and improved&#x2
20.
by JackPoach 5y ago
Similar things happen in US on a much larger scale. Simply search for 'Amazon hire to fire' 'GE Neutron Jack' or 'Microsoft annual review system'
21.
by JackPoach 5y ago
Yep. So basically the same approach can/should be used here too.
22.
by JackPoach 5y ago
Sure, there were, but things changed. Can you tell me how you see this 'right' realistically being implemented in the public sector, which is the largest employer in the western world (government, agencies, schools, universities,
23.
by JackPoach 5y ago
How is it different from current situation, where there are a ton of open vacancies for remote work already available on the market. I.e. why does it have to be the right? Here's my argument - stop thinking of yourself as an employee.
24.
by JackPoach 5y ago
Yeah, but is working from home really a 'right' akin to 8 hour day or a 'perk' similar to office dinners or sabbaticals or corporate Christmas parties?
25.
by JackPoach 5y ago
Yeah, but how is it different from any other human interaction? Let's say you have a partner and you have a kink that makes you happy. But your partner doesn't share this kink with you, they aren't into it. What should you do
26.
by JackPoach 5y ago
Moreover there's no 'right to work from office' either. Nor should there be. Economics doesn't work this way.
27.
by JackPoach 5y ago
Sorry, but you can't make up 'rights' as you go. When did remote work became a right and why? I too can make up 'rights' that I'd like to have. For instance, I'd like to to be the 21st century right for ev
28.
by JackPoach 5y ago
I believe this debate is absolutely pointless. There are people who work better in the office and there are people who work better from home (or just as well). There are companies who are willing to offer remote work option and those that a
29.
by JackPoach 5y ago
I think claiming that 25-40 is your best years is gross oversimplification. I am 42 and consider it to be the best time of my life. And considering that I will probably be financially independent before my 50s, I think that might be might b
30.
by JackPoach 5y ago
Well, overpriced anything makes a terrible investment - housing, stock market, art, land, etc. Education is no exception.

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