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Prikvačeni tweet
George Santayana on "Thou Shalt not Kill"pic.twitter.com/xjnmoAZKTG
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Alvaro de Menard proslijedio/la je Tweet
Blog post: Are frauds incompetent? Why I think we're only catching a fraction of data fakers, and why data forensics isn't up to the task. https://crystalprisonzone.blogspot.com/2020/01/are-frauds-incompetent.html …
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Reading Notes: Civilization & Capitalism, 15th-18th Century, Vol. I: The Structures of Everyday Lifehttps://fantasticanachronism.com/2020/01/31/reading-notes-civilization-capitalism/ …
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In the end this is terrible news for those hoping for collapse and the opportunity to rebuild something better (eg "how do we get to patchwork" NRx theories). If France is flourishing, imagine how much worse things can get in the US before leviathan topples over.
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Of course there is _some_ effect (this paper argues an extra 10 percentage points in govt spending/gdp -> 0.5-1 percentage point growth decrease https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2545809 …), which over time is really bad, but certainly not catastrophic.
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It's interesting to go back and read stuff from the 20s-40s when the welfare/regulatory state was getting started. Many thought capitalism was a fragile mechanism that would quickly collapse under the weight of govt, but look at how much shit you can throw at it...
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...yet output per hour worked is the ~same as Germany/US, and significantly above the UK. The resilience of capitalism and TFP to interference is nothing short of incredible.pic.twitter.com/utyzb4COBv
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...famously overregulated to an absurd degree, with a sclerotic labor market, and plagued by endless strikes...pic.twitter.com/WxoLgzXlwY
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France is, to a great degree, a dysfunctional basket-case of a country...https://twitter.com/27khv/status/1222189756513243138 …
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https://fantasticanachronism.com/2020/01/23/the-best-and-worst-books-i-read-in-2019/ … The best and worst books I read in 2019, feat. Cormac McCarthy, Gracq, Melville, Timur Kuran, Rutilius Namatianus, Feyerabend, and more
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Alvaro de Menard proslijedio/la je Tweet
there are two kinds of papers: 1) effect size too small, probably random fluctuation, boring anyway 2) effect size too large, implausible, probably statistical artifact
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I wrote about Homer, a century-long war between German philologists, and why abduction is crucial to scientific progresshttps://fantasticanachronism.com/2020/01/17/having-had-no-predecessor-to-imitate/ …
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Alvaro de Menard proslijedio/la je TweetHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Alvaro de Menard proslijedio/la je Tweet
In Nov 1960, T. S. Eliot wrote a statement which he wished to be made public when the collection of his letters to Emily Hale at Princeton were opened to the public. The statement & covering letter to his executors are made public for the first time today:http://bit.ly/2Qf9o46
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Alvaro de Menard proslijedio/la je Tweet
everyone should read _private truths, public lies_ https://twitter.com/turrible_tao/status/1203379150595219456 …
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I just read a published social psychology paper whose centerpiece is a p=0.09 interaction effect. It starts with an epigraph from Kurt "tentacle porn" Eichenwald. Just burn the whole system to the ground.
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"when you get to a zero-coupon bond with zero redemption at maturity, you know you have come to the end of financial engineering."https://www.bloomberg.com/opinion/articles/2019-12-06/green-bonds-without-the-bonds …
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