327 karma · joined December 12, 2023
No you are conflating two topics. Property rights is not propping up stocks and bonds. It's protecting ownership so you can invest in building things over the long term without them being taken.
Similar reasons encourage the government to protect the value of their currency.
> the point of fiat is to be an easy medium of exchange
The stated goal of the federal reserve is price stability, not exchange.
> Hoarding paper or shiny objects is still speculation with risk
Yep but it's a difference of how much risk.
> having strong social safety nets
Those carry their own kinds of risk.
> I shouldn't be incentivized to hold dollars.
0% is hardly a massive incentive to hold cash. If we can't agree on that then ill be incentivized to hold a currency that does care about its value.
There are countless examples of countries where that trust was broken.
Almost the entire document is undergrad numerical topics (finite difference methods, maximum likelihood, Jacobins, hessians, newtons method, etc). This is all well covered material that is soundly not research.
Risk of principal loss.
Nope, you just have to know it's fixing a real problem today.
Having a query regress in performance below a KPI would be worse than not taking advantage of a further optimization in the future, due to out of date hint.
> Good engineering means having the intellectual curiosity to exhaust these possibility before resorting to hints
Why is that better?
Luckily we don't have to rely on such grandiose claims. Just try it out. If you find a query that you can tune better than the planner for your data set, then it's a better outcome.
- there is less alternative hardware I want to use. I want Apple Silicon processors, materials, and there just isn't much high quality competition.
- Because of inflation the Apple premium isn't as high as it used to be. You get a Mac mini or MacBook Air at very competitive prices (RAM is still painful).
- Linux Desktop software is more competitive and fills some of the roles that needed macOS before.
This is hardly a free market. Libraries receive a budget to spend _ dollars on books every year. This entire publishing industry exists to capture that cashflow, because consumers aren't buying it with their own money.
The university version is more complex, but the bottom line is you do not have consumers spending their money on products they use.
category theory is historically not important to theory of computation, and it has questionable use if you aren't familiar with abstract algebra
Godel's work is wrapped up in historical context which is both interesting and distracting from the core idea. For example, Bertrand's Russells' work and book isn't really essential, it's just the system which Godel worked in to do his proof.