419 karma · joined February 28, 2014
Of course any individual bet can win but casinos stack the deck by only taking action from players they know will lose over the long run.
This is kind of untrue. The company may "want" to get the best deal possible, but you aren't dealing with the company. You're dealing with one or more individuals at the company that have incentives that do not align perfectly with what the company "wants".
In most cases, the hiring manager has a budget for the role and they do not care if you come in at the bottom of budget or near the top. They don't make extra money for getting you as cheaply as possible. Sometimes they even have incentive to pay you more, to close you quickly or even just prestige.
Tests are great and TDD is great for some people, but the whole point is to write useful software. It's important not to lose sight of that.
Chess and poker both require memorization or at least very strong understanding of the early game. In chess this is openings and has been required for as long as I can remember. In poker this is preflop play. Poker extends this a bit into flop play, but already on the flop there is a lot of opportunity for creativity because there are countless strategies that are indistinguishable from one another within reasonable precision targets.
As you descend deeper into the game tree for turn and river play we enter into territory that cannot be memorized due to number of possibilities and the increasing impossibility of having perfectly executed all the way to the current decision point. This opens up a lot of room for creativity and exploitation.
For a few bucks a month you get articles by several of the people you mentioned, Alan, and others that evaluate public research on nutrition and training.
I can't imagine a mechanism for fat to increase the need for more protein beyond needing more muscle to carry around the extra weight but that's already reflected in LBM.
This was a successful worker that missed a few days of work with a medical issue, boom fired. And then we see memos like this lamenting that they can't get enough workers? By not accepting some productivity dips due to human nature, they're shrinking their labor pool both by removing people from it directly and with the sentiment generated by the bad press of their inhumane treatment of workers.
But yeah even as a software engineer I'm often torn about wanting to work for Amazon. They have quite a few interesting projects and the pay is solid, but there are a lot of horror stories out there that suggest it is a brutal place to work even for engineers.
A huge swath of Americans are living paycheck to paycheck and can't afford a $500 emergency. As inflation increases the cost of goods and services those people have even less wiggle room to handle the unexpected and/or they need to start cutting back on expenses.
The evidence is profits increasing faster than inflation and examples of C-suites saying straight up that this environment is letting them raise prices.
The story is that when inflation is low, consumers are more intolerant of price hikes. They'll shop around and try out your competitors. Evidence to support this sentiment analysis is the myriad ways companies sneakily "hike" prices. Shrinkflation for example. When prices seem like they are going up on everything, what's the point of shopping around?
I imagine that these last bill things end up dinging a lot of people's credit. Luckily I've paid them when I find out about them and my credit bounces back once the payment in full is reported.
I introduce a new food product, Soylent Green. It tastes great, doesn't cost much and is nutritious. It starts becoming wildly popular.
Does that mean that there was huge demand for cannibalistic products? No. There was demand for tasty, cheap, nutritious food.
If this happened in real life the ingredients label would be a list of indecipherable chemicals, proteins, and "natural flavors". What you're suggesting requires that consumers be able to understand the externalities involved in the sourcing of every ingredient as well as the manufacturing process AND then use those to override their own preferences regarding the end product.
Identifying and preventing externalities or at least making sure externalities are factored into pricing is something that governments are MUCH better equipped for than any individual.