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The Flood / So apparently 50pc of men wipe while sitting down
« on: July 22, 2015, 06:11:13 AM »
What the fuck is up with that?
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to. 571
The Flood / So apparently 50pc of men wipe while sitting down« on: July 22, 2015, 06:11:13 AM »
What the fuck is up with that?
572
Serious / "The end of capitalism has begun"« on: July 18, 2015, 12:10:48 PM »
Title taken from this fucking awful, rambling Guardian article.
I'm not entirely sure how to disagree with this article, because it's pretty much horse-shit. What can you say to "the postcapitalist era has begun" besides "No, it hasn't you batshit lunatic". He claims that postcapitalism has been made possible by three factors in information technology:
Words can't express just how much of that is fucking nonsense. This is why I stay away from mainstream media sources; this is why we shouldn't listen to non-economists on economics when they don't provide fucking sources. To take each point in turn: no, wages have not significantly decoupled from productivity. This phenomenon is largely overstated. This claim usually leads back to one EPI paper, which relies on a highly selective reading of the labour market which excludes almost half the work force and doesn't account for total compensation. When it comes to automation abolishing the need for human work? We'd probably need to reach a point where automated labour has an absolute advantage over human labour, which would probably require general intelligence. The biggest problem for automation in the coming decades will be unequally distributed gains as some groups of workers are made more productive while others are not. Until this point, automated labour is a complement to human labour, not a substitute. Secondly, the idea that information is somehow hampering the economy's ability to form prices is just shockingly incorrect. Incomplete information is probably one of the main reasons prices don't perfectly reach the equilibrium. Thirdly, since when was Wikipedia anti-capitalist? Claiming Wikipedia is an example of a company which hasn't responded to the market is just ignorant; there is huge demand for information and Wikipedia has provided it so effectively that it can essentially survive on a voluntary user fee. For some reason, however, he goes on to claim this: Quote Today, the thing that is corroding capitalism, barely rationalised by mainstream economics, is information. Most laws concerning information define the right of corporations to hoard it and the right of states to access it, irrespective of the human rights of citizens.Who knew? You apparently have to work for Goldman Sachs to get information. And, of course, there's this little gem: Quote The modern day external shocks are clear: energy depletion, climate change, ageing populations and migration. They are altering the dynamics of capitalism and making it unworkable in the long term.No, those aren't examples of why capitalism isn't sustainable over the long-run. It's pretty easy to demonstrate that an omniscient, benevolent social planner would choose to keep the market system which slight adjustments in pricing mechanisms rather than have another system, like a centrally planned economy, for instance. Claiming these things makes capitalism unworkable just shows a distinct lack of understanding when it comes to the economy in question. 573
Serious / God, Murray Rothbard was just the best economist« on: July 18, 2015, 05:32:21 AM »Words of wisdom. 574
Serious / Bernie Sanders apparently can't take being questioned« on: July 16, 2015, 09:53:44 PM »YouTube Although the worst part of it all is that the one area where he gets questioned is probably his best area. To be honest, I thought Sanders was being a bit belligerent here but I'm on his side for this one. They were talking some fucking nonsense to him. NOTE: This is from last year. 575
Serious / A robot just passed the self-awareness test« on: July 16, 2015, 03:55:22 PM »
Amazing.
Quote Roboticists at the Ransselaer Polytechnic Institute in New York have built a trio of robots that were put through the classic 'wise men puzzle' test of self-awareness - and one of them passed. 576
Serious / EU could cock-block a British exit« on: July 16, 2015, 01:24:34 PM »
Apparently once the final parts of the Lisbon treaty have been applied, a majority of other EU countries would have to give a majority vote in order for a country to have permission to leave.
Jesus Christ. It's not clear whether this is actually the case at the moment, so I was hoping somebody could shed some light. 577
Serious / You're made dictator for a day« on: July 15, 2015, 06:04:10 PM »
And you have to fill out these policy gaps:
Taxation: - A tax that should be raised: Consumption/sales tax. - A tax that should be lowered: Income tax. - A tax that should remain about the same: Gas tax (or environmental taxes for the UK) - A new tax: A land value tax in urban areas. - A tax that should be abolished: Corporate income tax. Subsidies: - A subsidy that should be raised: The Earned Income Tax credit. - A subsidy that should be lowered: Mortgage interest/health insurance subsidy. - A subsidy that should remain about the same: R&D tax credits. - A new subsidy: Tax credits for private education. - A subsidy that should be eliminated: Agricultural subsidies. Area of expenditure: - An expenditure category or program that should receive more funding: Probably R&D. - An expenditure category or program that should receive less funding: The prison system. - An expenditure category or program that is receiving about the right amount of funding: Defence. - A new expenditure category or program: An nGDP futures market. - An expenditure category or program that should be eliminated: NASA; transfer all funding to the NSF and eliminate funding for manned spaceflight out of Earth orbit. I'm using "expenditure category or program" to be as broad as possible. "NASA" counts. "Defense" counts, as do subsets like "CIA" or "the F-35" or "$3,000 screwdrivers." "Health spending" counts, as do subsets of health like "Medicare" or "Medicare Part D" or "Medicare prescription drugs." My own answers are mostly from a US perspective, since I'm more used to dealing with the American economy than any other. 578
The Flood / I fucking hate fat people« on: July 15, 2015, 02:02:23 PM »
I was in the shop down the road earlier, and this big fat bitch comes waddling through the door. And I mean fat; if she were to lie down, there'd be space between the floor and the top of her legs. I noticed a little plastic fork in her one hand, and lo and behold she had a little box with a mound of kebab in from the local chippy. Jesus fucking Christ. Who just walks into a store with food? At least eat it outside.
Before long, she was waddling down the aisles leaving other customers little room to breathe, let alone move. You could feel her footfalls; the shop felt like it was going to jump out of its foundations. Of course, she spent little time perusing the shop's wares--she knew exactly what she wanted. She bolted (at the pace of around a half a mile an hour) to the confectionery aisle. Either she's evolved a capacity to recognise and categorise chocolate at an astounding rate, or she entered the shop with her upcoming purchases in mind. She shovelled all manner of shit into her arms: big chocolate bars, meant for sharing; little chocolate bars for the quick "snack"; bags of assorted chocolates; white chocolate; milk chocolate. If you can name it, she'd probably picked up it. After grabbing all of her desired wares, she lumbers over to the till and dumps it all down in front of the cashier. A kindly old lady, with a look of terror and dread on her face. She clearly knew that the effort it would take to sort and scan all of this had a higher chance of killing her than winter ever did. The fat bitch, stood their wheezing like a dusty computer fan, continued to shovel her kebab into her mouth; I will never know how she managed to fit so much food onto such a tiny, plastic fork. But, God help her, she managed to finish the mound of food before the cashier had bagged all of her shit. She then proceeded to lick her kebab carton to make sure she didn't leave any mayonnaise behind, dropped it on the floor and then lumbered out of the shop with all her diabetes-causing, artery-clogging, non-vegan deathfoods. That fat girl was me, five years ago. Before I started buying and using SlimFast shortly after, because I'd looked in the mirror and realised I was ugly. Then I got fit, got ripped and now I prowl Sep7agon rating people on their appearance. I'm Jive Turkey, and that is my story. 579
Serious / Planned Parenthood doctor possibly selling aborted baby parts« on: July 14, 2015, 04:10:42 PM »580
Serious / How to insult a "progressive"« on: July 14, 2015, 09:06:07 AM »YouTube I don't agree with everything this guy says, but I still fucking love him. Dude's hilarious. 582
The Flood / list reasons why sociology is not a science« on: July 13, 2015, 05:02:57 PM »
1. its full of fucking marxists
583
Serious / 9 natural experiments in economics« on: July 11, 2015, 07:42:29 PM »
1. The Oregon Health Insurance Experiment
Basically, in early 2008, Oregon opened up a waiting list for its Medicaid programme to low-income adults who had previously failed to attain enrolment. 90,000 people applied for 10,000 openings, creating a beautiful natural experiment, allowing economists to study the effects of Medicaid coverage. Oregon used a lottery to allocate the places. Four papers were eventually released enumerating the effects: the first studied self-reported health, healthcare utilisation and medical debt; the second dealt with clinical outcomes; the third with emergency department use; and the fourth with labour market outcomes. The chief findings of these studies were that: An increase in healthcare utilisation, namely though higher hospitalisation rates, emergency-dept. visits, outpatient visits, prescription drug use and and preventative-care use. Decreased financial strain through fewer medical debts, and a virtual elimination of bank-breaking out-of-pocket payments. Improved self-reported health and lower rates of depression, but no impact on actual physical health outcomes. No effect on employment or earnings. 2. The effect of military service on lifetime earnings Josh Angrist's PhD thesis tried to test how military service impacted people's lifetime earnings. This is notoriously difficult to measure, since certain personality traits which lead to people joining the army in the first place could also cause a propensity for lower earnings later in lifetime. So Angrist used the draft during the Vietnam War as a natural element and analysed the results. He found that, among white men, serving in the army reduced lifetime income by 15pc. 3. The impact of the minimum wage in New Jersey's fast food industry I'll just quote their abstract for this one: “On April 1, 1992, New Jersey's minimum wage rose from $4.25 to $5.05 per hour. To evaluate the impact of the law we surveyed 410 fast-food restaurants in New Jersey and [neighbouring] eastern Pennsylvania before and after the rise. Comparisons of employment growth at stores in New Jersey and Pennsylvania (where the minimum wage was constant) provide simple estimates of the effect of the higher minimum wage”. 4. The impact of the 1918 Influenza Epidemic on the post-1940 US population Douglas Almond sought to test the Barker hypothesis, which claims that a foetus's prenatal environment may have an impact on their health decades into their life. During the time that Spanish Flu impacted the US, 33pc of all women of childbearing age contracted it. Using U.S. Census data collected in 1960, 1970 and 1980 which identifies the individuals’ place and time of birth, Almond found that individuals who were in utero during the pandemic had, on average, increased rates of physical disability (pictured below), reduced educational attainment, and lower income and socioeconomic status. 5. The effect of Ramadan on children in utero Another one from Almond. During Ramadan, there is a high compliance rate among pregnant Muslims, despite the fact that many Islamic scholars claim Ramadan is not obligatory for such women. Conducting a study on children aged 7, Almond found that children whose pregnancies overlapped with Ramadan performed worse in maths, reading and writing. The effects were most significant among children whose first three months of gestation overlapped with Ramadan. 6. The effects of the 1944-45 Dutch famine on children in utero Official rations in occupied Netherlands during this period dropped to as low as 500 calories a day, and 20,000 people died of starvation. The west of the country was harshly effected, while the north and south escaped the worst of it. This allowed researches to study the effects of famine on prenatal development; the results were higher rates of diabetes, schizophrenia and obesity in later life. 7. The impact of mass immigration on Miami's labour market Most economists agree that the average American would be better off if more low- and high-skilled immigrants were allowed to move into the US, but this faces considerable popular push-back in the US and Europe. David Card analysed the effects of the Mariel Boatlift, wherein 125,000 Cubans arrived in the US between April and September 1980. This caused the Miami labour force to grow by 7pc, and yet Card found that this large increase in unskilled labour didn't impact the employment prospect or earnings of native unskilled labour in the Miami area. 8. The effect of class sizes on performance in Israel Joshua Angrist returns, and this time he's studying the effects of an 800-year-old Israeli law. The rule is derived from the teachings of Maimonides, who said: "Twenty-five children may be put in charge of one teacher. If the number in the class exceeds twenty-five but is not more than forty, he should have an assistant to help with the instruction. If there are more than forty, two teachers must be appointed." A strict application of this rule would mean that a school with eighty students would have two classes of forty, while a school of eighty-one would have three classes of twenty-seven. This has created sharp discontinuities in Israeli class size, so Angrist used this to study the effects of class size on performance. He found that reductions in class size improved maths and reading scores for fifth graders, improved reading scores for fourth graders and had no effect on third graders. 9. The impact of MTV's "16 and pregnant" on teenage pregnancy Phillip Levine and Melissa Kearney drew on Google and Twitter trends, and found that searches and tweets about birth control and abortion spiked when the show was being aired and in areas where it was popular. They found that the show resulted in a 5.7pc reduction in teen pregnancies between June 2009 and the end of 2010, which can account for 33pc of the total reduction in teen pregnancy during this period. 584
The Flood / A libertarian duck walks across the street« on: July 11, 2015, 03:31:57 PM »
Am I being detained?
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Serious / So, those bakers fined $135,000 for refusing to make a gay wedding cake. . .« on: July 11, 2015, 03:14:25 PM »
Turns out they weren't actually fined for refusing to make the cake.
Quote One of the major points that supporters of Sweet Cakes bakery and their right to not bake cakes for lesbian weddings have made is the fact that a $135,000 seems like a really steep seeming fine for just refusing to make a wedding cake. Even if it’s because you’re a weird bigot. Apparently they were fined for revealing personal information. Bearing in mind I have no idea how reliable "the Frisky" is, and the original article I saw claiming this was from Addicting Info. . . So, yeah, pinch of salt. If anybody can find a more reputable source, that'd be appreciated. The WaPo is rejecting this explanation, however, claiming that the Commissioner "expressly rejected this theory of liability". 586
The Flood / Prince Phillip to photographer: "just take the fucking picture"« on: July 11, 2015, 11:20:41 AM »589
Serious / Women have always been the primary victim of war« on: July 10, 2015, 05:21:17 PM »
http://clinton3.nara.gov/WH/EOP/First_Lady/html/generalspeeches/1998/19981117.html
Or, at least, that's what Clinton thinks. Spoiler But damn, she was hot in the 90s. 590
The Flood / Ellen Pao, CEO of Reddit, has resigned« on: July 10, 2015, 05:01:53 PM »
https://www.reddit.com/r/announcements/comments/3cucye/an_old_team_at_reddit/
Huzzah. The original CEO, and founder, of Reddit is returning. 591
Serious / The global warming "pause" never actually happened« on: July 10, 2015, 12:57:51 AM »
According to a recent NASA study
Quote There’s been much debate these past few years over the cause of the so-called global warming “hiatus”—a pause in the overall uptick up of Earth’s temperature due to cooling at the surface of the Pacific Ocean since the early 2000s. Did climate warming stop? Nope, we just weren’t looking deep enough. Well, fuck me. 592
Serious / Greek government accepts harsh austerity measures in latest bailout deal« on: July 10, 2015, 12:47:51 AM »
Fucking Syriza, man
Quote The Greek government capitulated on Thursday to demands from its creditors for severe austerity measures in return for a modest debt write-off, raising hopes that a rescue deal could be signed at an emergency meeting of EU leaders on Sunday. Well that sucks. Both sides really have fucked over Greece here. 593
Serious / Anybody know any good sources for learning maths?« on: July 09, 2015, 07:53:41 PM »
Preferably without a steep learning curve. Need to beef up on the numbers before I take econ at university.
Stuff on calculus, differential equations, algebra, probability theory, stochastic processes and topology would be very welcome. I also have a textbook on the way, dealing with mathematics in economics specifically so I have some kind of foundation to base my development on. And don't send me to fucking Khan Academy either, you lazy cunts. 594
Septagon / My PM icon is lit up, but I have no new messages« on: July 09, 2015, 06:00:40 PM »
fix plz
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Serious / Healthy 24-year-old woman granted right to euthanasia in Belgium« on: July 09, 2015, 02:11:54 PM »
Due to her being a long-time sufferer of suicidal depression.
I really, really don't know what to think of this. 596
Serious / STEM fields show 2:1 bias for female applicants of assistant professorships« on: July 09, 2015, 11:28:27 AM »Quote The underrepresentation of women in academic science is typically attributed, both in scientific literature and in the media, to sexist hiring. Here we report five hiring experiments in which faculty evaluated hypothetical female and male applicants, using systematically varied profiles disguising identical scholarship, for assistant professorships in biology, engineering, economics, and psychology. Contrary to prevailing assumptions, men and women faculty members from all four fields preferred female applicants 2:1 over identically qualified males with matching lifestyles (single, married, divorced), with the exception of male economists, who showed no gender preference. Comparing different lifestyles revealed that women preferred divorced mothers to married fathers and that men preferred mothers who took parental leaves to mothers who did not. Our findings, supported by real-world academic hiring data, suggest advantages for women launching academic science careers. That's pretty interesting. Also, based economists at it again: Quote with the exception of male economists, who showed no gender preference. 597
The Flood / I stumbled onto the weird part of youtube again« on: July 09, 2015, 10:18:09 AM »YouTube 598
The Flood / my image of patrick stewart = shattered« on: July 09, 2015, 08:32:28 AM »YouTube jesus what a cunt 599
Serious / Europe is tearing itself apart, and nobody can stop it« on: July 09, 2015, 08:09:02 AM »
Apparently Tsipras was expecting a Syriza failure in the referendum.
Quote Ambrose Evans-Pritchard at The Telegraph has just dropped a bomb on the situation in Greece. |