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Joined 1 year ago
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Cake day: June 29th, 2023

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  • Right, so the quantum field model is designed to solve the assymetry paradox, but it’s just unconfirmed speculation. It’s a hypothesis, barely a theory, not a law. It’s discussed honestly for the most part, unlike the way orthodox economics discusses supply & demand. Just because you can find something roughly analogous in a hard science doesn’t make the problem substantively the same.

    And do you really think supply & demand isn’t taught as a law? We hear the phrase “the law of supply & demand” bandied about whenever anyone does any pop-economics. Do you seriously not encounter that?

    And you actually think housing speculation doesn’t happen on a wide scale? Like… what? Again, have you heard people talk about economics before? You said you understood a good amount of it, but you’re denying that housing speculation is real?

    https://www.urban.com.au/expert-insights/property-speculation-to-continue-boom-but-will-a-bust-follow
    https://www.nber.org/system/files/working_papers/w26457/w26457.pdf

    The 2008 recession was literally a housing speculation bubble. I really don’t understand where you get off saying speculation isn’t a thing.

    Also, in Canada, your tradespeople are swamped but there are about 1.3 million empty houses.

    Here’s a quote that confirms what I just told you:

    Even more disturbing are the figures comparing vacant homes to the homeless population of a given country. While Canada ranks lower on this list at 13, it is still not a ranking that we should be proud of at all. It would take just 9% of the over 1.3 million vacant homes in Canada to give every homeless person in the country a place to live.

    Like sure, there might be a housing shortage in the market but not in reality. In reality it’s a hoarding problem. We know from the pandemic that governments could house everyone if they simply made it a policy priority, but they don’t.

    And as for the “lab politics” of economics, I’m glad you’ve been able to see that issue, and I think that’s a good term for it. The lab politics doesn’t come from nowhere. Sciences advance in a way that is exploitable by capital. When someone discovers a new kind of technology usually it can be turned into a profit. Often the details are obscured by charlatans looking to make a quick buck - see any tech hype cycle for an example of this - but interfering with the scientific process is usually going to be detrimental to the aims of capitalists.

    Social sciences are a little different, usually capital can kind of just ignore the policies proposed by social scientists, even if they can cause minor problems for them.

    For economics though, when someone like Marx comes along and points out that capitalists are stealing value from the working class and that working class can unite to overthrow their oppressors because in reality those oppressors create nothing and they depend on us, then that has real teeth. That causes problems, of the revolutionary variety. The ruling class has to respond to that, so they will use their influence to fund think tanks, sponsor economics departments that are friendly to them and torpedo institutions that say things they don’t like.

    Richard Wolff talks about this:

    Sure. I’m a product of the elite top of the American university system. I went to Harvard as an undergraduate. Then I went to Stanford in California to get my master’s degree. And then I went to Yale to get my Ph.D. So, by the normal standards of this profession, I’m the elite product of these institutions.

    I was always struck that as I went through these schools, studying history, politics, economics, sociology—the things that intrigued me—I was never required to read one word of Karl Marx. And I remember telling that to my father, who looked in stunned disbelief at the very possibility that an educated person going to such august universities would not be required to at least read people who are critical of the society, simply as a notion of proper education.

    https://www.democracynow.org/2013/3/25/watch_extended_interview_with_economist_richard_wolff_on_how_marxism_influences_his_work

    Just like kings used to, they have raised up their own class of priests to proclaim to the commoners that their power and wealth is justified and good, and we should all bow to their blessed interpretation of the mystical movements of the market. That’s why they don’t do science, and they quibble on the minutiae of the interpretations of long-dead texts, just like the priesthood did, because they can’t work in the realm of science, because it would destroy their entire project.




  • My point about convexity being a handily-written escape clause was not to say that economists invented it out of whole-cloth, it’s to point out that it’s tautological. It’s basically saying, “Prices follow our law in all of the cases where they follow our law.” So it’s not a law then, is it? It’s an observation of extremely limited utility that just so happens to provide a justifying narrative: “our law says the market will be stable,” when we see the absolute opposite in many places.

    And if you feel like you’ve seen it in person, then again the data should exist. Again I’d say if you’re saying this is an example of the effect, without seeing the data, then you’re admitting out loud that you are just confirming your own preconcieved ideas rather than seeing any real evidence. These are statements of faith, not science. Orthodox economists would be proud.

    I’m not sure what you mean about the sombrero potential only being partially observed. It is a principle only, and you could observe it fully by simply making a sombrero shape and putting a ball in the middle and observing how it falls multiple times. That’s literally what the concept entails. It’s analogous to supply & demand in that the graphs are merely illustrative and it is only applicable in very specific situations. The difference is that supply & demand is presented as a foundational and ubiquitous law to high-school students, whereas the sombrero potential is presented honestly.

    As for the “don’t try to time the market” advice, if you’re right about that then someone should tell all the real estate speculators that are leaving extremely expensive real estate empty because they can’t rent it out and don’t want to sell at a low price. It would help our housing shortage immensely. Either they don’t exist, or your story about that isn’t complete.

    I don’t need you to look into Australia - price cycles and boom-bust cycles are well-documented economic phenomena. I linked an Australian case because I’m familiar with it.

    And to the extent that other sciences engage in politics over actual science, they are also being unscientific. However I’ve never heard of a scientific discipline where there is an “orthodox” school, except in economics. It’s the orthodox school that I have a problem with. Supply & demand is just emblematic of that issue.



  • There are people that do it tastefully and people that are creative and interesting. If they can’t be interesting and descriptive to some extent then they’re probably not people I want to engage with.

    And honestly, the titles were so bland they were almost snarky, and I never felt they were justified for the creators I watch. They were so laconic they were often barely informative anyway, because the flavour was gone. I think that’s because the people who have a good sense for editorialising aren’t going around writing aggressively literal titles all the time. The dearrow ecosystem is subject to algorithmic selection too, and it selects for boring.




  • I’d say if the copyright holder says you’re not allowed to then you’re not. It’s piracy.

    People will tell you that you’ve already downloaded the data so saving it is fundamentally, technically no different, but that doesn’t matter to the law, it’s still piracy.

    Like yeah, it’s absurd and pointless and anti-consumer and anti-knowledge and unenforceable and unsustainable, but that’s copyright. It’s always been that way.

    Copyright destroys culture and piracy is our ethical duty in the face of that. The only reason to care about it is so you don’t get caught.







  • The problem I have with dearrow is that it’s editorialising and arbitrary. It’s not like removing ads which can be clearly identified and the user can make personal decisions, like no sponsors but self-promo is fine, or whatever.

    No, there is one alternative title and one alternative thumbnail, and that’s it, and often I have serious disagreements with the choices the community makes. There’s a bias towards intervention, so if a title is fine according to me but someone else doesn’t like it, then it gets changed. I found most of my votes were to restore the original title and thumb. Eventually I got tired of it and just uninstalled, and presumably so did other people with the same feeling, so the community continues to skew towards changing every video they encounter.

    Also, the thumbnails and titles that creators choose tells me a lot about them, and I get rid of clickbait by not engaging with creators that do clickbait. Also, sometimes it’s not clickbait, just people being creative. It seems like the whole thing is just an exercise in being the fun police by people that don’t understand the creative process.




  • Genuine answer is that you need to get a feel for when the clutch begins to bite. The rest of it - when to use the brake, handbrake etc, is going to depend on what you’re doing. Learning to feel the clutch is the critical skill.

    The way to learn how to use the clutch is to start on a flat piece of ground with no traffic around, like an empty car park. With the engine running and the brakes off, press the clutch pedal and put the car into 1st gear. Then, slowly release the clutch pedal without using the throttle. Practice this until you can get the car moving without stalling the engine, and you’ll have a feel for it.

    When starting normally you’ll gently press the throttle as you do this. Cars usually idle around 1K RPM, use the throttle to maintain about 2K RPM for a normal take-off.

    Then all the other skills will fall into place. The key objective is that you should have the brake engaged until the moment the clutch engages and is ready to take control, then the brakes should be smoothly & quickly released.

    You can do this with either the handbrake or the foot brake, but if you’re using the foot brake you need to be manipulating the clutch, brake and throttle at the same time.

    That requires pressing both throttle and brake with the right foot, which is a more advanced technique, but very useful for smooth driving in a lot of situations. It’s often called “heel-toe”, but that’s misleading. You don’t use heel & toe, you use the two sides of your foot.