Recent submissions

Comment · 2 years ago
Long term, buybacks aren't about supply/demand -- they increase a share's percentage ownership of the business.
Comment · 2 years ago
Philly cheesesteak sellers in other locations often advertise they use real Amoroso rolls shipped from Philadelphia.
Comment · 3 years ago
They seem to mean talent density in the sense of the amount of talent per person.
Comment · 3 years ago
Singapore obviously had a lot of differences, particularly the PM's past close relationship with the unions, and the early stage of development making it more rational for workers to ride the common prosperity of high economic growth rates instead of squeezing more percentage points in negotiation.

But Sweden can still outlaw selective parts unloading by dockworkers, forcing an all-or-nothing strike, if it wanted to, and enforce such laws.

And I don't know why you'd call Singapore parasitic; they weren't leeching off anybody, other than the British early on.

Comment · 3 years ago
From his memoirs "The Singapore Story", Chapter 6, "Winning Over the Unions", on the ports:

> Recounting Britain's prodigal years of crippling dock strikes which led to the devaluation of the pound sterling in 1967, I warned, "If that happens here at our harbour I will declare this high treason. I will move against the strike leaders. Charges will be brought in court later. I will get the port going straight away. The Singapore dollar will never be devalued and I think the people of Singapore expect this of their government." I spotlighted the "selfishness of established labour." Cargo handled by the Port of Singapore Authority in 1967 increased by winning over the unions over 10 percent, but the number of workers employed did not go up because the extra work was all taken up by overtime. This was immoral at a time of high unemployment. I told the union delegates that we must rid ourselves of pernicious British-style trade union practices.

A very interesting book; of course, it's his side of the story.

Comment · 3 years ago
Channel their inner LKY and deal with it the way he did.
Comment · 3 years ago
For computers, it's surely that common office keyboards have changed from awful squishy keys to units that are more chiclet-like, or even if not, still have a better key action for a rubber dome keyboard.
Comment · 3 years ago
The thing is, by the time you get to this book, most students have probably taken DiffEq or multivariable calculus, and had exposure to linear algebra there. (If not in high school.)
Comment · 3 years ago
They want eBay to enforce the law on merchants.
Comment · 3 years ago
They want to further outsource law enforcement to a due-process-free zone.
Comment · 3 years ago
Everything you're talking about has nothing to do with federal taxation.
Comment · 3 years ago
No. Their presumed nukes are more useful as a deterrent against more capable enemies that might develop their own nukes. And they'd immediately become an absolute pariah state. That would damage them in every way.

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