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pyromine

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Global Inequality 5 years ago

I think there is times where comparing the ratio of economic stock vs. flow, i.e capital to wealth ratios, but yah the billionaire wealth to GDP comparisons just seem silly.

I get what they're trying to say, but it is the weakest way to argue their point.

Tangentially, when COVID-19 forced my company to go work from home it thrust in to my face all the things that about that company that made me hate my job and gave me anxiety attacks.

I ultimately quit that job with nothing lined up and found a much more fulfilling job, with better pay. I don't think I would have quit that last job if it wasn't for the disruption, and I would have still been miserable.

R is a nasty nasty language for productionalizing things, honestly it's just too flexible and let's you do the craziest things.

But being so flexible makes it really expressive for doing ad-hoc analysis where you really don't know what you're looking for yet.

I often do a fair amount of exploratory data analysis in Excel, and then take it to a BI tool or some other process to actually formalize it.

In excel the ability to be sloppy is actually really nice to just sling together a few random models and call it good when I don't need to be precise.

Or a bike, which is a thing, that people ride to and from work, even in "rural" areas. No gas and no insurance, even for an electric one (and those have come down quite a bit in price, to the point where the only cheaper cars are absolute beaters).

Even "rural" cities/towns often have buses, too. They don't always have the most exhaustive coverage, but bikes can make up for that for the "last mile" of each way's commute (especially if the bus has a bike rack on it, which is becoming increasingly common for exactly this reason and because it's relatively cheap compared to the cost of the bus itself).

Bikes are not a viable commuting option in most of America, you cannot transport groceries or children effectively on a bike. This is the strawiest of straw men arguments.

That's not entirely true, expectations are not solely based on "I have a job" they are also based on the expectation of "Can I get a new job if I lose my job" among other complexities, there will certainly be a reduction in marginal propensity to consume even among those who have maintained their employment.

So yes, Amazon may well be a winner because of the shift, but they are winning a larger fraction of a smaller pie.

Often that sort of check mostly has to due with checking if you have some type of debt that may impair your integrity.

Say you're for some reason indebted to a Chinese bank and applying for a defense job, they're not going to be very happy of that. Yes that's a bit over the top, but generally what those checks are about.

Just as an anecdote I received a fairly significant injury while on a multi-day climb in the French Alps this past summer and my climbing partner and I had a significant discussion regarding the cost of a rescue that definitely factored in to our decision whether or not to keep climbing.

I bought rescue insurance the next day.

Admittedly I don't particularly follow Marc Benioff and / or Salesforce in the news much, but is his advocacy for privacy laws generally considered be an attempt towards regulatory capture?

Relevant quote: “We need a national privacy law,” he said. “Otherwise you’re going to get a patchwork of privacy laws. We have to get our privacy and data locked down so we know where we’re going. [Regulators] need to be stepping in now and they should be working hard to make those changes.”