gph1

6 ms·

1.
Bayesian Bandits for Testing Mobile Apps(mobiledevmemo.com)
2 points by gph1 13y ago|0 comments
2.
Microsoft To Name Satya Nadella As CEO, May Remove Bill Gates As Chairman(businessinsider.com)
1 points by gph1 13y ago|0 comments
3.
Software Entropy(blog.kixeye.com)
3 points by gph1 13y ago|0 comments
4.
by gph1 13y ago
Here's one: http://www.kickstarter.com/projects/2123355930/minsky-reform...
5.
by gph1 13y ago
I'd be delighted to revise or update my views in light of any evidence you could provide.
6.
by gph1 13y ago
Could you lay out the casual mechanism that this study is claiming, and how they make the distinction between govt consumption and investment? I'd also like to see an empirical example of the crowding out thesis. The idea that public defici
7.
by gph1 13y ago
I'm not. The private sector generates wealth. One purpose of the government is to facilitate that wealth creation by running deficits to ensure there is sufficient demand for what our productive output supplies (due to growing capacity, inc
8.
by gph1 13y ago
Increasing the money supply is not in and of itself inflationary, nor does it logically imply a depreciating exchange rate. This is true no matter how many times Austrians and confused monetarists say so.
9.
by gph1 13y ago
The idea that the US is running out of money or spending money it doesn't have is a non sequitor. The USG is monetary sovereign that issues it's own currency, and therefore has infinite ability to spend in dollars. Really, it's not even acc
10.
by gph1 13y ago
This is just fetishism. All currencies are fiat currencies, and all currencies are creatures of the state. If a currency is set at a fixed exchange rate to a precious metal, it's because a "statist fiat" made it so.
11.
by gph1 13y ago
The problem with EZ countries is precisely that you can't "take them together" because there is no centralized fiscal agent. You need this because there has to be fiscal transfers between weaker and stronger nations or else face growing imb
12.
by gph1 13y ago
People focusing on the excel error and rebuttals such as this one are missing the point. The R/R argument fails because the causal inference itself is bunk. There are few plausible reasons to believe that higher public debt --> slower
13.
by gph1 14y ago
Please explain how monetary policy is "stealing money". Absurd tin foil hat caricatures like this often makes any reasonable discussion of the Fed and its role impossible.
14.
by gph1 14y ago
Agreed re: Greece. Greece's bonds don't have the credibility because they aren't denominated in a currency that Greece controls. There's no reasonable analogy between the US running a deficit and anyone's credit card. Again, like the commen
15.
by gph1 14y ago
No doubt there is plenty of wasteful and inefficient government spending. But I don't think the opportunity trade off works like you suggest. It's not as if the government is removing otherwise productive dollars out of the economy to fund
16.
by gph1 14y ago
The primary dealer banks will always be a ready funding agent for the US government--why wouldn't they be? Treasuries offer a risk free place for excess reserves to earn interest. It's literally free money. It's instructive to remember that
17.
by gph1 14y ago
No doubt that Austrian's avoided some of the neoclassical blind spots that caused many economists to miss the crisis, but then again Austrian's are always predicting crises and they certainly offer no crystal ball--see Peter Schiff's hilari
18.
by gph1 14y ago
If you look, you'll notice that a recession followed nearly every reported government budget surplus. This is not surprising: a surplus means that the government is removing more money from the economy than it's adding, something which is r
19.
by gph1 14y ago
You must have an interesting definition of "improve".
20.
by gph1 14y ago
Debt is a symptom, not the problem. The problem is a currency union with no central fiscal agent that can assume liabilities and enable transfers from wealthier to poorer states. That's how the US works. The euro crisis has been baked in fr
21.
by gph1 14y ago
Saying that all philosophical topics are just embryonic scientific topics is just as reductive and rigid as dividing the two by "how" and "what". Philosophy of mind is probably the dominant research area in contemporary philosophy, and I th
22.
by gph1 14y ago
It wasn't at all clear that that is what he was asking you. And you need to qualify the sense in which you "don't believe" in qualia. You don't believe that consciousness has phenomenal properties? Qualia certainly exist in some sense. From
23.
by gph1 14y ago
I think sub-cortical (limbic) and cortical are probably better analogues for system 1 and 2 than empathetic/analytic (intutive system 1 thought isn't necesarily empathetic, and can certainly be 'analytic'. The difference vs. system 2 is the
24.
by gph1 14y ago
Interesting but don't really see how this addresses the explanatory gap problem.
25.
by gph1 14y ago
Yes, the Federal Reserve creates the electronic credits that it uses to purchase the bonds. But this is not "money printing" in any meaningful economic sense because it its just swapping one government liability for another one. There is no
26.
by gph1 14y ago
QE is not inflationary. Not only is it not money printing, but money printing =! inflation. This has been demonstrated over and over again. Moreover, your hyperinflation concerns amount mostly to conspiracy theory. Hyperinflation occurs gen
27.
by gph1 14y ago
You are correct that the fiscal reality of a sovereign currency issuer is not like that of a businesses or households. If you carried this thought furthur, you'd realize why some of your concerns are unfounded. A government that controls it
28.
by gph1 14y ago
Not surprising to see a libertarian-oriented site refer to QE as "money printing". It's not. Monetary policy doesn't increase the net financial assets available in an economy; that's only achieved by fiscal deficit spending. QE is just an
29.
Why so few enterprise start ups?(businessinsider.com)
14 points by gph1 14y ago|4 comments
30.
by gph1 14y ago
None of the issues you are describing in this comment address stagnant middle class income/consumption, which is a demand side problem not a supply side issue. Certainly there is need for more efficient regulatory and tax schemes for busine

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