starwind

Bork argued that antitrust law shouldn't inherently challenge bigness. He felt that the antitrust should seek to maximize consumer welfare. That's been interpreted by the courts to mean lower prices, but any economist worth their salt will say consumer choice is an aspect of consumer welfare.

It doesn't matter if Little Caesars pizza is the cheapest option, if there aren't any other pizza options, consumer welfare is severely negatively impacted because some consumers won't like Little Caesars.

Ruth Bader Ginsburg—despite being lionized by liberals—was an extremely pro-business justice who played a strong role in the Supreme Court siding with businesses in all but one antitrust case from 1995ish on. With her gone, I think this case may actually have a chance

Here's a picture of the store manager greeting Yeltin. Can you imagine?

https://cdn.hpm.io/wp-content/uploads/2020/02/21152245/Paul-...

Trade secrets already get legal protections so the non-competes aren't relevant there anyway

Certainly a respect for the individual played a role. Thomas Hobbes argued for a strong monarch specifically to protect their subjects and their subjects’ property. Other philosophers like John Lock, David Hume, Adam Smith, and John Stuart Mill would expand on this and build the classically liberal tradition.

But we also can’t underestimate the impact of: 1) abundant energy sources—initially wood and then coal that could power machinery. 2) a scientific tradition with engineering applications in mind. 3) the Black Plague that let people just drop their scythes and move to the city to become tradesmen and earn a better living. 4) the Common Law tradition placing property rights and the right to contract on near-sacred grounds. 5) Access to abundant fishing off the coast of what became North America.

I don't think there's any one thing we can point to explain the rise of West, it's a confluence of factors that I'm very grateful happened before I was born

From the Federal Trade Commission Act of 1914:

"Under this Act, the Commission is empowered, among other things, to (a) prevent unfair methods of competition, and unfair or deceptive acts or practices in or affecting commerce; (b) seek monetary redress and other relief for conduct injurious to consumers; (c) prescribe trade regulation rules defining with specificity acts or practices that are unfair or deceptive, and establishing requirements designed to prevent such acts or practices; (d) conduct investigations relating to the organization, business, practices, and management of entities engaged in commerce; and (e) make reports and legislative recommendations to Congress."

Seems to me like the FTC is exactly the group to make this decision

Yes, lower barriers to entry than general software development. Get to program, stand up and configure cloud systems, and might get to do some data visualization if that's your thing.

It's a good alternative to data science. The market for data scientists is flooded (especially at the lower levels) and more and more companies realize their data pipelines are a mess.

I couldn't bring myself to buy a Herman Miller. I bought this one and I'm really happy with it https://www.officedepot.com/a/products/2724332/WorkPro-Ocean...

Learn how to do something cool and dangerous and expensive. Race motorcycles, fly planes, climb mountains, go skydiving. People will want to talk to you

People have been calling for a recession since June and you can see the signs everywhere except where it really matters to people: the labor market

Slow down? Sure. Recession? Eh.

LinkedIn is good for finding potential contacts. Message people who seem like software engineering managers and ask if they have internships. See where your classmates get roles and ask if there are some openings or if they can vouch for you. If there's a meetup, try going to one. Don't discount looking at company's websites either.

All but one job I've gotten was because I knew someone or someone knew me. The other one, I just applied through the company's website and they called me

What time did the storm roll in?

Does the order matter for Kochenderfer? Any one of those put more emphasis on controls than the others?

You can freeze the worknumber so people running background checks can't get information. When I changed jobs the company ran a background check and they kinda freaked out cause they couldn't get anything out of this database. I loved it.

I haven't seen a video from the Verge where they walk up to random people randomly, stick a mic in their face, and ask them random questions

I would have asked him to publish it on TikTok. Let's just make this real weird

Agree on taking financial accounting at a community college or a university. Accounting is a way of thinking and I can't imagine learning it on my own.

Finance on the other hand is a bunch of mathematical formulas that are usually dumbed down. With OP being technical they should be able to learn the finance stuff on their own.

I'd venture to say with a solid understand of financial accounting they can probably learn financial statement analysis on their own too. I really like this book: https://www.amazon.com/Financial-Statement-Analysis-Practiti...

Agreed, there's greater sins and lesser sins and it's insane to think otherwise.

I had a biology professor say something to the effect of "when you have energy that's because you're burning energy." You workout, you get your heart rate up, your metabolism is going, you feel energized and you think better.

Another way to put it is laying around on the coach, eating and sleeping a lot will not make you feel more energized even though you filled up your tank

Upvoting cause I agree in principal with where you're coming from in the sense that employers and employees should be able to bargain in their contracts and include clauses like non-competes as long as they square with the public policy of the state.

My issue (and probably yours) is the way non-competes get handled by employers * Every non-compete I've signed has been sprung on me while filing out paperwork on my first day. What am I supposed to? Walk out and be unemployed while I look for a new job? * What do I actually get for a non-compete clause? Judges routinely rule that continued employment is enough consideration for near-anything including non-competes. But if some companies don't have non-competes, to me that isn't true consideration. Me signing a non-compete that isn't worded in this-for-that like standard contract clauses should be should be treated as a gift on my part by the courts that can be revoked * Many states have restrictions on non-competes but most non-competes for national companies are boilerplate and often too broad. Combine this with a mandatory arbitration agreement and employers are doing an end-run around state labor laws either through arbitration or just strong arming employees

Yeah I like this angle. I think his elevator pitch is "I'm a software developer who likes doing project management work, and I know statistics"

Newton is a fascinating guy. Did way more work in alchemy trying to turn lead into gold than he did in math and physics (the mercury he used probably made him nuts). He took a day job running the British treasury where he investigated counterfeiters which was punishable by death at the time. And he was responsible for setting the exchange rate between gold and silver. He messed up, all the silver was worth way more melted down and used to make things like utensils than it was as currency so it disappeared from circulation which was critical for creating the gold standard that would last the next 300ish years

In your example I think it's more like "If you don’t stop stealing, the country will find a way to force you."

Yeah, I got some hobbies. Reconnected with old friends. Starting working out and taking care of myself a lot better. I was way too emotionally tied up in my job when I was working for big corporations. I got kind of lucky cause I work with a good group of people and even when we're remote we interact all day long-I do wish we went into the office more though

Nice thing about contracting is the hiring process is a lot more streamlined, and there's no expectation you'll stay for years. So, when you're feeling better, you can move on to a regular job again

Yeah I felt the same way about 18 months ago. I took a contract gig (hybrid) that pays well, lets me pick up some new skills, but limits me to 40 hours a week, isn't that hard and I'm not emotionally invested since I don't even work for the company.

It's been a nice way to get some space and figure out what I actually want

Variable rate loans are awesome from an economic perspective. When the economy is good, your income and investment portfolio and property value should increase along with the rate increase. But if the economy goes south and the Fed drops interest rates, the interest rate drops along with it. You’re squeezed but your bills just got smaller.

2022 is basically the only time since 1985 where interest rates have gone up while the economy has gotten weaker—and that’s by design to reduce inflation. (And you’d have a hard time seeing the economy slow down just by looking at the labor market.)

Unless you can lock in a really low fixed interest rate, you should seriously consider variable rate loans for cars, houses, student loan refis, etc.

Math hard. Can confirm. Starwind have math degree. Starwind much better at programming than Starwind ever was at math.

Crypto is def the future

Seems like business as usual for private equity

One of the professors, Dan Stefanica edits a book series on mathematics for financial engineering http://www.fepress.org/fin_eng_background_series/

I've been waiting for the probability and differential equations books for a while :/

I went data science to data engineering and been very happy. You may have trouble moving into backend development direct from data science because data scientists don't have a reputation for writing solid maintable code so data engineering could be a nice intermediate step cause it's heavy python