beguiledfoil
Joined 10 years ago
Joined 10 years ago
Rent is not cheaper in Seattle. Salary will make up for it if you are a programmer, though.
That simply isn't the world we work in anymore. Everything has been done and if it's being done again it's because the subtle mistakes and approximations of the past aren't good enough. Linus' complaints about the scheduler are the best example of what I'm talking about. A scheduler is a super hard problem now and there's a lot of complexity to wrestle with that simply didn't exist in 2001.
Anyway, the kernel is still open and discussion is still happening so I don't think we're in some kind of crisis. Good for Linus to take time off - maybe this will be an opportunity to develop processes that can create a more dynamic open source environment, one less reliant on a few individuals.
Cryptography doesn't solve political problems.
Cryptography solves communication problems. That's. It.
Adding zeros is not that hard. Munis have actual tax bases and actual obligations and those seem out of step in some situations. That muni debt will be mispriced because of tax incentives seems obvious.
Municipalities are in the same spot that Greece or Italy is in. They have debt in a currency they do not issue. They cannot devalue or inflate that debt away. Therefore they have to manage their debt as a corporation or state would, but they are much smaller and less flexible. Bad buy.
Munis are a timebomb, imho.
http://www.commonwealthfund.org/publications/in-the-literatu...
I mean in the case of Lyft I give them money. Why should another adult care how I "rate" them?
A shortage of housing? A shortage of ways to launder money? A shortage of safe assets that beat inflation? A shortage of network connected land?
Emulate Tokyo is good advice, but not easy. There's a reason Tokyo is Tokyo and everywhere else looks nothing like Tokyo.