lowkey

Yes I'm sure Apple Card data is included in that dataset. That isn't the point.

> And even if it's not, as long as the other side (i.e. merchants and acquirers) just collects and aggregates the same data, that's little consolation.

Respectfully disagree on this point. The issue isn't leaking anonymized aggregated data. The issue is, for example, Chase can and does personalize rewards ads based on your exact transactions internally. So when you use any Chase card, every Chase related entity has access to your non-anonymized transaction data for marketing and credit decisioning purposes.

I will cautiously watch how Apple handles this issue in the future because I don't trust Chase and my financial privacy is important to me.

The Apple card is the only credit card in the US (that I know of) which does not resell your granular transaction data to 3rd party brokers. To me that alone makes it tremendously better than existing cards.

The Apple Card is the only card in the US I am aware of that does not resell your purchase history to data brokers.

While unemployment rate is relatively low this measure masks deeper problems felt by those working to try and make a living.

Specifically, labor participation is near an all-time low so discouraged workers, who aren’t counted in unemployment numbers, are excluded.

Also, there has been a marked and ongoing shift from full-time jobs with benefits to part-time, casual, and gig work.

Finally, the widely cited consumer price index is a very politicized and skewed measure of the true inflation facing consumers. It ignores the real cost of home ownership via owner equivalent rent measures. It uses a process called substitution to replace suddenly expensive goods with cheaper goods. It includes arbitrary adjustments for improved quality of goods that aren’t always perceived by purchasers who only see the higher prices and these adjustments only work in one direction to skew CPI lower. That’s why consumers often perceive inflation to be higher than the CPI measure.

Economists look at inflation on a month/month or year/year basis. This is not an accident as it purposely ignores the destructive cumulative effect of inflation.

Individuals, by contrast look at the cumulative effect of inflation. If inflation runs hot for several years and then comes back to a moderate level, prices don’t go down regardless of what economists would have you believe. The effect of inflation has memory.

That the “critique” is posted on such a spamtaculous site doesn’t lend much credibility. I looked but didn’t find other negative reviews.

I did read the book and it seemed well cited.

If there are no more credible reviews do you care to substantiate your specific concerns with her work?

Possible sure - just as it is possible my next startup could be the next Tesla. In reality, when Elon joined Tesla they had nothing but early concept prototypes of a high-end sports car with the name Roadster. Elon took it from concept, to launch, to production. Then he did the same with the Model S/X/3, sold 5 million electric vehicles, made them so compelling that it completely disrupted the ICE vehicle market and sparked a gold rush of elecrification in the car industry resulting in a Trillion-dollar company.

It's possible "which Musk didn't found" is doing some heavy lifting in your statement above.

- I believe he can launch rockets into space and land them on their own footprint.

- I believe he can revolutionize auto manufacturing and disrupt a 100 year old industry replacing fossil-fuel burning dinosaurs with clean electric vehicles that outperform them and that appeal to the general public

- I believe he can allow quadrapelegics to interact with the world in ways never thought possible

- I believe he can, to a great degree, restore free speech on social media even if it is messy and imperfect at times

- I believe that innovation is hard and just because he boldly claims he is going to Mars or make cars drive themselves - and hasn’t done it yet, is no reason to discount the possibility that he might actually pull it off one day

I come from a province that is wholly owned by a billionaire family. They own all industry, all media, and basically every (barely) living wage job outside the government. Look up the Irving family.

Billionaires may not be a uniquely Canadian problem, but the lack of a wealthy middle of entrepreneurs and reasonably wealthy individuals is uniquely Canadian.

Canadians cheer at taxing the rich and as a result end up with a “middle-class” that is barely getting by, a billionaire class that rules the Kingdom, and nothing in between.

Canada is designed to support Oligopolies. It does so in the media, food distribution, telecom, insurance, banking and virtually every industry in the country. This is an intentional policy decision of punishing entrepreneurs and pushing us out of the country. Look at the recent wealth taxes and the national response to them as an example.

Reading HN threads ranting about “manbabies” when referring to arguably the single greatest innovator and entrepreneur of our time was not on my bingo card on a site purporting to promote innovation and entrepreneurship.

Amd this is why there are no mid-sized family businesses remaining in Canada, except for the occasional farm. Billionaire oligopolies are all that remain as only they are sustainable in the tax farm once known as the great white north.

Article from mcgill.ca brings you clickbait - read this article and be outraged! Science journalism.

Makes three major claims:

- AG1 is a very popular supplement powder used to make a one-a-day smoothie filled with 75 ingredients [True]

- The vitamins and minerals it contains are based on the idea that the average person doesn’t get enough of these nutrients through their diet, which contradicts scientific evidence [Maybe True, but claimed without evidence]

- AG1 also contains a digestive enzyme, adaptogens, and probiotics, despite the fact that there is no robust evidence that they offer benefits to humans [Proveably false, there is plenty of evidence for the benefits of these ingredients]

Famously the institution selling you this scary headline is the same one that brought you the CIA's MK Ultra experiments on unsuspecting suspects and never apologized and fought the victims for years.

I’ve always found it strange that BSM is used for calculating implied volatility of American style options when it was specifically designed only for European style options.

Can anyone comment if there are more suitable models for American style options?