Matches for econom*, 2474 total results Sorted by newest | relevance
Wed Mar 05 02:01:11 UTC 2014 <mircea_popescu> say, a U Chicago grad can do no economically productive work at all but still be paid to use Instagram? Let me be explicit: my question is not should we do this, my question is that since this is precisely what's happening already, is it sustainable? What is the cost? I don't have to run the numbers, someone already has: it's $150/mo for a college grads, i.e. the price of food stamps. Other correct responses would
Wed Mar 05 00:52:37 UTC 2014 <mircea_popescu> When we see a welfare mom we assume she can't find work, but when we see a hipster we become infuriated because we assume he doesn't want to work but could easily do so-- on account of the fact that he can speak well-- that he went to college. But now suddenly we're all shocked: to the economy, the English grad is just as superfluous as the disenfranchised welfare mom in the hood-- the college education is just as irr
Wed Mar 05 00:52:37 UTC 2014 <mircea_popescu> elevant as the skin color. Not irrelevant for now, not irrelevant "until the economy improves"-- irrelevant forever. The economy doesn't care about intelligence, at all, it doesn't care what you know, merely what you can produce for it. The only thing the English grad is "qualified" for in this economy is the very things s/he is already doing: coffeehouse agitator, Trader Joe's associate, Apple customer... and spouse
Tue Mar 04 17:51:24 UTC 2014 <mircea_popescu> i guess if you have no economy you can save on environmnetalism
Tue Mar 04 15:17:30 UTC 2014 <punkman> "Or, in other words, if Satoshi Nakamoto is the Genius Father of Cryptocurrency as an advancement in cryptotechnology, then Thomas Jackson is its Genius Uncle as an advancement in cryptotechnology in world economics."
Sun Mar 02 21:06:33 UTC 2014 <mircea_popescu> " I believe that Bitcoin and the idea of cryptographic trade will be huge in our lifetime. Digital currencies like Bitcoin free trade from political and economic hindrances. Some examples of the benefits of Bitcoin trade are 1.) faster processing times when compared to traditional banking systems 2.) transaction fees are mininal 3.) no chargebacks 4.) cash out to Dollars, Euros, etc."
Sun Mar 02 20:56:15 UTC 2014 <mircea_popescu> "Explanation: I've decided to liquidate the fund's AsicMiner position. I'd like to start diversifying the fund's exposure to different aspects of the Bitcoin economy. "
Sun Mar 02 12:06:07 UTC 2014 <mircea_popescu> Obama warned that Russia's "continued violation of international law will lead to greater political and economic isolation."
Sun Mar 02 09:15:55 UTC 2014 <mircea_popescu> ;;later tell TestingUnoDosTres also to help you understand the economics of the situation, bitbet puts 0.1 btc of its own on any accepted bet. btc charges 1% of pool. if the pool isn't 10btc, bitbet is making a loss on this score. this doesn't strictly mean you must plunk down 10 btc or else, but definitely 0.x btc aren't in the zone in most cases.
Sat Mar 01 22:03:09 UTC 2014 <mircea_popescu> embedded in our market economy will continue to work its magic. America?s best days lie ahead.
Sat Mar 01 12:40:35 UTC 2014 <mircea_popescu> more than the value per se, romania is still to this day a cash economy.
Sat Mar 01 03:42:01 UTC 2014 <nubbins`> Crime has a $1 trillion impact on the American economy, according to Santana Li. “If we can show that we can literally cut that in half, we’re going to have every mayor in the country calling us,” he says.
Thu Feb 27 20:03:54 UTC 2014 <asciilifeform> incidentally, if you apply the principle described above, the u.s. economy is far more 'sovietized' than the soviet one ever was
Thu Feb 27 18:40:20 UTC 2014 <mircea_popescu> "Bitcoin's scam based economy runs on 15-35 year old white men who are very very upset about... The fed? Government regulation? Their crippling inability to purchase mercenary divisions to conquer small countries?"
Thu Feb 27 07:35:53 UTC 2014 <mircea_popescu> kinda clear how economy works.
Thu Feb 27 07:35:48 UTC 2014 <mircea_popescu> benkay i meant culturally not economically.
Thu Feb 27 02:00:34 UTC 2014 <duduqa> first of all, I'd like to excuse myself for some dumb stuff I might say...I have no tech nor economics formal background, interested in austrian economics as a hobbist
Wed Feb 26 19:03:51 UTC 2014 <mircea_popescu> im mostly doing it for the economy
Wed Feb 26 19:03:11 UTC 2014 <ThickAsThieves> is the game fun? or you just in it for the economy?