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mhh__

14,287 karma · joined March 13, 2017

We are all mhh__ on this blessed day
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mhh__··on 10-year Treasury yield climbs above 5.3% to a level not seen in 24 years
The amount of growth the "95%" have seen in china is huge!

Also American peasants / lower tier white collar workers are usually richer than fairly well off Europeans... You cannot even begin to comprehend how much wealthier the US is in some ways - and remember how totally dysfunctional the US economy is in many limits i.e. if Europe could just be as _bad_ as the US it would grow much faster.

mhh__··on Singapore govt dating app uses Gale-Shapley stable marriage algorithm
I don't really like the idea of the state having access to the data of a dating app but there is a part of me that things it should exist in an accelerationist/realist sense. I don't think online dating is going away, and the incentives of the dominant players are clearly not great for users or society. Government has a very strong incentive for people getting hitched.
mhh__··on 10-year Treasury yield climbs above 5.3% to a level not seen in 24 years
You absolutely can grow your way out of a deficit - France is maybe the most regulated liberal economy in the world? It's designed not to grow

If you can keep energy costs down and get out of the way there will be growth. It's a thing that happens when people do business and make new things.

mhh__··on A brief history of the Bloomberg terminal
Right but it's also exposed (I'm not sure if it's actually pure ocaml but it is presumably a form of it) to users
mhh__··on EDG C++ front-end goes public
This is also where conditions go in languages with contracts, I like it
mhh__··on US sanctions force The Netherlands off Microsoft and toward alternative NixOS
They are or at least were in those years died in the wool woke. They minted coins with "diversity built Britain" on them, rishi held one up for the camera!
mhh__··on A brief history of the Bloomberg terminal
It may be of interest to some that Bloomberg has an ocaml based DSL built in for pricing exotic derivatives.
mhh__··on A brief history of the Bloomberg terminal
It's not very responsive
mhh__··on US sanctions force The Netherlands off Microsoft and toward alternative NixOS
You don't actually think the Tory party is right wing, surely?

Theresa May et al instituted net zero basically without a vote, huge liberalisation of various social matters, enormous spending on welfare, locked the country down, and then imported 4 million people!

mhh__··on US sanctions force The Netherlands off Microsoft and toward alternative NixOS
Banking has been taken over by HR and regulators
mhh__··on US sanctions force The Netherlands off Microsoft and toward alternative NixOS
I may have misread the topic of conversation but he was debanked by a private bank - I was arguing against juristocracy but possibly incorrectly aimed
mhh__··on US sanctions force The Netherlands off Microsoft and toward alternative NixOS
This is only really true in certain countries that don't really do democracy. In Britain for example parliament is sovereign.
mhh__··on US sanctions force The Netherlands off Microsoft and toward alternative NixOS
Frankly I think this is a good bit of hormesis for European countries. It's critical that we have domestic payment infrastructure.
mhh__··on Coulomb's law remains tricky to test at home
Because we aren't dealing with the universe but rather ruling out possible forms of models of it
mhh__··on Bill to Ban Private Equity from Owning Medical Practices
https://en.wikipedia.org/wiki/Airline_Deregulation_Act
mhh__··on Bill to Ban Private Equity from Owning Medical Practices
Because in a fair market they would be competed away - prices of food, computers, bonds, etc are not transparent because of regulation - it's largely because of the tax incentive as far as I've read from healthcare economists.
mhh__··on Bill to Ban Private Equity from Owning Medical Practices
> reimbursement between major healthcare chains and insurers

And why is this so prevalent? It's subject to huge subsidy and regulatory capture

mhh__··on Bill to Ban Private Equity from Owning Medical Practices
Is Apple Inc run for consumer good or value extraction?
mhh__··on San Francisco Onion Futures Company
You may have liabilities or income that exist outside of financial markets e.g. if I have 500t of wheat due to be harvested I might want to hedge enough to guarantee I can pay my staff - ive locked in the price of wheat, I might make less money as a result but my risk is lower.
mhh__··on Bill to Ban Private Equity from Owning Medical Practices
Well they're considerably better paid and in a business that allows economies of scale.

It's a steelman argument to be clear I'm not entirely convinced by it.

mhh__··on Bill to Ban Private Equity from Owning Medical Practices
yes. It's completely insane that health insurance A) does all price discovery B) is tied to your employer.

Ask an American hospital how much something costs - you will get a completely fake price back, this is a sign of a totally broken market.

mhh__··on Bill to Ban Private Equity from Owning Medical Practices
PE staff are more intelligent and more shrewd than the people running the businesses they buy. Being a good doctor doesn't make you a good businessman.

I'm not a huge fan of PE but the point of economics to deliver cheap and quality goods to consumers not keep people in a job.

In healthcare in US in particular I think the main thing that capital should be (if regulators allow) boutique / specialists that e.g. are the best in the biz at doing MRI scans, in some states my understanding is that it's literally illegal to start a business aiming to make one small part of the process better.

mhh__··on Bill to Ban Private Equity from Owning Medical Practices
You know what american healthcare really needs is more regulation!
mhh__··on San Francisco Onion Futures Company
All you need to do is quite a price that isn't vulnerable to arbitrage. As a dealer you should then charge a spread atop of that to cover make a profit after costs and adverse selection (even if trading was free you should charge a spread to protect you against informed traders)
mhh__··on San Francisco Onion Futures Company
many users of derivatives willingly lose money on them because the purpose of these contracts is to transfer risk to those willing to hold it.
mhh__··on San Francisco Onion Futures Company
Other than the name of the business
mhh__··on San Francisco Onion Futures Company
> Treasury futures are far too big that no single person could ever corner it.

Well, you'd think, but squeezing the CTD bond was completely accepted practice well into the noughties until PIMCO flew too close to the sun and faced regulatory wrath.

mhh__··on San Francisco Onion Futures Company
Is the price of onions really that seasonal? Shall have to check
mhh__··on Replacing Pull Requests with Delta
frankly i think most of these "tools" are the result of people being addicted to watching the agent shit code out and as such quietly abolishing review.
mhh__··on Mark Zuckerberg: "Cambridge Analytica" (2017)
> brainwash

You have been brainwashed. Or was it Russia as well?

Everything started much longer ago. You can't go along in life just assuming everything will converge to some whig paradise.

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