Recent submissions

Comment · 6 years ago
The government may not be out to intentionally "get" anyone, but it's still very capable of harming when it intends to help.

That's what's behind a lot of the consternation over government responses. A lot of lives are at stake, and not just those which might be taken by COVID.

Comment · 6 years ago
City populations are some of the most unequal in all society. Extremes in close proximity. I've read research on this in the past, although I don't have any links at the moment.
Comment · 6 years ago
The Fed never unwound, at least beyond an initial and failed attempt.

When the Fed started unwinding a little over a year ago, they had to suddenly stop when markets tanked—hard. After the Fed ceased, stability returned.

I'm not sure there will ever be an unwinding, at least in the traditional sense.

Topping it off, starting last September, the Fed began emergency "not-QE" liquidity injections, which have unexpectedly grown over time.

And now, this black swan event. Nobody knows what's going on.

Comment · 6 years ago
If we want to handle this crisis, let's not create a yet larger crisis in the process. I'm not ready to go weapons-grade nuclear on civil liberties.
Comment · 6 years ago
Not even close.
Comment · 6 years ago
All of your civil liberties? Really? That seems to be a very high price to pay given we all die someday.

I'd rather live in a world of risks than one without liberty.

My mother is older and has chronic health issues. We both rather risk it and have choice in how we live our lives while we are still here.

Comment · 6 years ago
After a long and respected career at MIT he’s no joke.
Comment · 7 years ago
You'll likely deal with each of these no matter which route you go; these things just occur naturally. School provides a little safety margin, but at a cost. And there's a different cost to not going to school. Choose your own adventure.
Comment · 7 years ago
Let’s not accuse HN’ers of being Russian plants, it’s bad for discussion in my opinion. It’s rotting Reddit already.
Comment · 7 years ago
It’s amazing how controversial Marx is 150 years later, and I’ve only ever met one actual “authority” on the matter outside Marx’s actual writings. (And I’m in economics!)

Makes me think there’s something very lasting about his ideas, moral interpretations aside.

Comment · 7 years ago
No, they don't need one. The article shows how some groups are pushing for legislation to allow news orgs to form a cartel, in order to compete with the likes of Google and friends, who themselves enjoy a high concentration of market share.

So, instead of promoting a competitive economy with fewer cartels, there's a push to promote cartels within the economy, ostensibly to... compete?

Nice. These are, indeed, interesting times. Cartel economy it is!

Comment · 7 years ago
I'm kind of tired of the trades "break your body" argument.

I think just as many bodies routinely get destroyed in office environments—especially in tech. You know the trope. Sitting all the time under artificial light breathing nasty "inside" air staring at screens in open office environments with a lot of mental stress. Etc.

In each case, blue collar or white, proper care can be taken to avoid these injuries. Especially in blue collar trades.

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