_edo

21 ms·

1.
by _edo 7y ago
I understand why you don't like this comment. I don't understand why this is worth your commenting on but you're silent on the airing of somebody's dirty laundry between their death and their funeral. What this signals t
2.
by _edo 7y ago
Simply assuming that the proper allocation of resources is easy in this or any other industry is wishful thinking. If drugs have any substitutes the demand side already goes from easy to hard. When drug treatments can cost tens or hun
3.
by _edo 7y ago
If a new drug isn't useful it doesn't matter if the manufacturer has exclusive rights to it. If people are buying/being prescribed drugs that don't improve their health that's a different problem that won't be
4.
by _edo 7y ago
My argument only requires that people own their own property/labor and have the freedom to trade those things with others. Without those freedoms we're in some dystopian/totalitarian state.
5.
by _edo 7y ago
Governmental regulations (safety, etc.) make the cost of developing a new drug extraordinary. Without exclusive patents on the back end companies won't have a reason to foot the bill on the front end. Even without regulations developi
6.
by _edo 7y ago
> ...we need businesses and executives to value purpose alongside profit. Profit is purpose. Profit means the value of the outputs of your business exceeds the value of its inputs. It means you've added something to society, it
7.
by _edo 7y ago
Clueless movements elect clueless representatives who mirror their clueless beliefs.
8.
by _edo 7y ago
It absolutely makes a difference. There's no way to properly regulate an industry without understanding it. But like I said above, people don't care about fracking because they don't even understand what it is. It's ju
9.
by _edo 7y ago
Stop leaks in what process? Fracking or oil and natural gas production? Do you have some evidence that more methane is being released into the atmosphere during the weeks of fracking than during the years of production?
10.
by _edo 7y ago
> Fracking involves drilling an oil or gas well vertically and then horizontally into a shale formation. No, that's a horizontal well. Vertical wells get fracked all the time. Non-shale wells get fracked all the time. Fracking is
11.
by _edo 7y ago
> For example, would you start the y-axis on a graph of global temperature at –273.15°C (absolute zero) > This is a lazy statement Yes it is. > This is missing what the graph is trying to convey.....It only makes the graph more rea
12.
by _edo 7y ago
There's your tax bracket and then there's what you actually pay after deductions, loopholes, etc. The common argument is that the 70% rate of the 1950's was never actually paid by anybody and the effective tax rate was much
13.
by _edo 7y ago
That has to be the worst x-axis on a graph I've seen in a long time. The grid lines measure 0-10th, 20-30th, 40-50th, 60-70th, 80-90th, 95-99th, 99.99th, Top 400? That's atrocious, not only is it non-linear, not only does it ha
14.
by _edo 7y ago
> Could you elaborate? The idea is that a good publishing record gives one better career prospects. By accepting and rejecting papers journals are giving a signal used by academia in their hiring and promotion decisions. If you're
15.
by _edo 7y ago
There are a couple of good graphs of the U.S. budget on wikipedia as well. Take a guess at what you think we spend (dollars and percent of budget) on major categories (defense, Social Security, transportation, education, Medicare/Medic
16.
by _edo 7y ago
If it's in an academic's employment contract that they don't get to keep the rights to their academic papers it means 1) they already got paid and 2) they can't give away work that they already sold.
17.
by _edo 7y ago
> - Academics (most often publicly funded via grants and university salaries) do the work for free. This means the public is paying the academic to do the work, they're not doing it for free. Grants do come with the expectation of
18.
by _edo 7y ago
That "8 forms of capital" is kind of intersting, I'm not sure I agree with the overall analysis but it's close to a good model of economics. Take the Capital Pools & Flows chart and put the corresponding 8 forms of
19.
by _edo 7y ago
That's really cool, even if I never find a place to use it. Anyway you can still sort strings.
20.
by _edo 7y ago
You're demonstrating why friendships are ending over politics.
21.
by _edo 7y ago
Sometimes I feel weird coding zip codes as strings but this is a great example why. If my program ever treats a zip code like a number I would like it to throw an error. At least in this case the error looks like an accident. On topic, fr
22.
by _edo 7y ago
I'm not sure if I'm understanding the map correctly: Alexandria Ocasio Cortez (literally the top of the list alphabetized by first name) spent $1.5 million on 9,576 ads, garnering 60 million impressions, mostly for fundraising, an
23.
by _edo 7y ago
I think the field has a cultural problem that's causing their data problem: impact is valued over empiricism.
24.
by _edo 7y ago
If you look at the author's published papers[0] just about every one involves highly sensitive political and social topics. That means they're likely to be quoted outside of the field where people will say things like "Look,
25.
by _edo 7y ago
Maybe I wasn't clear enough because I'm seeing a lot of the same comment here. At some point anybody who's producing statistics and projections has to decide what's more important between accurately predicting the future
26.
by _edo 7y ago
> According to the World Health Organization, smoking kills three million people every year worldwide. This will rise to ten million annual deaths by 2020 We're up to 7 million according to the CDC, not 10: > Worldwide, tobacco
27.
by _edo 7y ago
I apologize, I took your comment personally when I shouldn't have.
28.
by _edo 7y ago
Interesting. I'm not sure I understand why one type of charlatan is more important than the other. If you want WeWork/SoftBank to be regulated, which a lot of people do, it's kind of important that the people doing the regul
29.
by _edo 7y ago
> [Company] then used this cash to underprice competitors in [market], hoping to be able to profit later once it had a strong market position in [market]. This template appears to be one of the author's deepest understandings of cap
30.
by _edo 7y ago
You realize that a billionaire has almost nothing to do with their money but invest it in better equipment or people? That's what investing is and that's what billionaires do with their money. So on the front end the billionaire

More ›