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ironsam

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[dead] 17 years ago

For some reason we like killing submissions without looking into them now? This is not a duplicate, it is evidence that a very influential economic leader (Nobel laureate) not only is incompetent, but lies to protect his reputation.

[dead] 17 years ago

Don't forget the Federal Reserve, the most evil of all regulation.

As for the rich, they not only pay most of the taxes (that end up going to services they are least likely to use), but they also buy lots of stuff (increasing jobs needed), invest in companies/municipalities/fed via stocks and bonds, and save (which provides credit for others). So even the rich, just by being rich help others.

One of the most ubiquitous and profitable types of models would be short-term weather forecasting. These are regularly wrong by several degrees, misjudging precipitation, etc, when trying to predict just 12 hours in advance. There's absolutely no point in looking at forecasts greater than three days, they're barely a guess, throw all the "accurate" equations and you want at it. [Disclaimer: I'm from the midwest - capricious weather.]

Some of his complaints seem to be about C#, which is not required. Also, the exclusion of an ORM is probably a good thing, so you can choose whatever you want, similar to the view engine.

This is quite a poor article, for reasons others have already mentioned here. Ultimately, any government "solution" that involves the bailout of companies is flawed and immoral.