2021-06-22


Worthy

  • Overcoming Bias : Give Tyler His Due

  • Why Elon Musk is so rich – O’Reilly

    Why is Elon so rich? The answer tells us something profound about our economy: he is wealthy because people are betting on him. But unlike a bet in a lottery or at a racetrack, in the vast betting economy of the stock market, people can cash out their winnings before the race has ended.

    And that, it turns out, is also one underappreciated reason why in the modern economy, the rich get richer and the poor get poorer. Rich and poor are actually living in two different economies, which operate by different rules. Most ordinary people live in a world where a dollar is a dollar. Most rich people live in a world of what financial pundit Jerry Goodman, writing under the pseudonym Adam Smith, called “supermoney,” where assets have been “financialized” (that is, able to participate in the betting economy) and are valued today as if they were already delivering the decades worth of future earnings that are reflected in their stock price.

  • U.S. Power Reliability: Are We Kidding Ourselves? | T&D World

    “The average U.S. customer loses power for 214 minutes per year. That compares to 70 in the United Kingdom, 53 in France, 29 in the Netherlands, 6 in Japan, and 2 minutes per year in Singapore. These outage durations tell only part of the story. In Japan, the average customer loses power once every 20 years. In the United States, it is once every 9 months, excluding hurricanes and other strong storms.

  • The Most Dangerous Censorship - Continuing Ed — with Edward Snowden

    • HN comment:

    I wonder how Snowden reconciles his position on self-censorship with his current country of residence.

    ... he prefers Russia to "suicide" in an American jail, and this is supposed to negatively impact his credibility?

etc


Culture War / Re segregation / Identdoctrination

Poilitcks

Environment / Climate / Green Propaganda