JackFr

> we offer a compelling complementary paid service

In case you ever forget the difference between complementary and complimentary, that's it right there.

Wouldn't it be easier to fly into Reno, NV and take the bus to Bishop, CA?

I think the Vatican's perspective would be that it's a theologically meaningless and mostly ill-formed question.

And that ignores the five centuries of the Roman Republic, before the empire.

Loved Seveneves, but it is one of the best examples of his not having an ending.

Well yes and no. A large fraction of law professors don't have academic degrees past JD which despite having 'Doctor' in its name, is not the equivalent of a Phd. On the other hand they likely would have a large number of publications or a significant body of work as a clerk for an important court.

Unless you come from the law faculty.

Without having seen the video, from the details in the article, I will assume it was either staged or fake.

> And like, with all due respect, there were also a lot of mentally undemanding desk jobs back then. People got hired into them with just high school degrees.

A lot of those jobs remain unchanged, with a college degree now required as essentially an empty gatekeeping step.

> Subsistence farmers have never been prolific producers of art or literature.

https://en.wikipedia.org/wiki/Folk_music

But as an academic exercise, you can stipulate risk free lending as axiomatic, and still see that a natural interest rate comes from different inter temporal marginal preference for money among entities in the economy. It’s only zero if everyone’s preference is identical.

If I have 10 pounds of blueberries and you have 10 pounds of strawberries there will be a natural price for one in terms of the other based on our different marginal preferences for the two commodities.

Think of a dollar today as one commodity and a dollar tomorrow as a separate and distinct one. There is a difference in our marginal preferences and that is where the interest rate comes from.

Just as both of us can be made better off trading blueberries and strawberries without actually creating anything new, the difference in our inter temporal marginal preference will reward the lender with a return even in the absence of risk.

GP said “tax me more.” Nothing is stopping him from paying more.

What he really means is tax me (and certain others I deem appropriate) more.

Ok, big talker, step up:

Gifts to the United States

U.S. Department of the Treasury

Reporting and Analysis Branch 2

P.O. Box 1328

Parkersburg, WV 26106-1328

Zero is the natural interest rate? That’s ludicrous.

A dollar today is always going to be worth more than a dollar tomorrow.

I voluntarily join a club. I get benefits from the club and I have responsibilities to the club.

Of course I can eschew those responsibilities and then the club can deny me the benefits or kick me out.

No, I think you are absolutely onto something -- as you describe it, it is trivial to transform from N -> 2N districts in a manner which makes it impossible to combine them back 2N -> N in any other way than the original map.

Maybe I'm missing something too. That seems like a pretty big deficiency.

How to you reconcile abolishing political parties with the right of free association?

Tan's tweet was reprehensible, but I doubt it rises to the level of criminality. With respect to his inebriiation, as my elementary school teacher used to say, " While it explains, it does not excuse."

But I think a sincere mea culpa should end the incident.

"If you hand is larger than your face . . . "

> Why is there such a strong preference for “one step app deployment”, no infrastructure knowledge required?

> The obvious answer is because it is easier.

No. The answer is that it’s more robust in the face of operator error, it’s repeatable and it’s auditable.

That’s nonsense. It does not lift GDP any more than breaking windows does. It redirects labor and capital from one use to another.

In fact the article is bristling with evidence and explanation.

It's very simple. Ships manifests were completed before arrival at Ellis Island. If names were changed, they were changed in the port of origin.

People's reluctance to believe this is wild.

> When strikers are harmed and killed, it is police doing the violence.

Are there any examples of that in the United States post-WWII?

Teacher's unions aren't there to improve student outcomes. They exist for he benefit of teachers. Police unions aren't there to improve public safety. They exist for the benefit of the police.

“As god is my witness … I really thought turkeys could fly.”

https://www.cincinnati.com/story/entertainment/2017/11/23/ci...

Down 90% since 2000.

1) Citi has been talking about these cuts for three months. There’s little new here other than the CEO specifying the target head count. 2) There is no intent to rehire. Whole business lines are being shuttered. 3) Yes, of course there is a huge management problem. They fired 300 managing directors in November.

Since 2000 Citi stock is down more than 90%. JPMC and BofA generate an order of magnitude more revenue per employee than Citi. Jane Fraser is just the latest in a long series of executives seemingly unable to tame the beast.

Well you’re not correct there. The first round was in November and 300 managing directors, representing 10% of the employees at that level were let go.

The cuts expected next week are for middle management at the next two levels down. Subsequent to that there is an expectation of one more round. Additionally Citi is shuttering the muni business.

I think most people expect that after those changes attrition should get to the headcount target by 2026.

Simulation hypothesis is true!!!