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the_economist

770 karma · joined September 5, 2012

https://www.petersen.com
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the_economist··on U.S. life expectancy will soon be on par with Mexico’s and Croatia’s
We spend ~5 billion/year giving people free soda. Cutting back on is an extremely easy way to reduce obesity. Maybe it won't solve it. Maybe it won't even make a big difference. But it will certainly help the cause.
the_economist··on U.S. life expectancy will soon be on par with Mexico’s and Croatia’s
Obesity is the problem. And it's so easy to improve: Stop allowing people to use food stamps on unhealthy foods, particularly soda and other sugary drinks.
the_economist··on Wall Street Is Giving Up On Twitter
Twitter is so powerful. When Paul Graham wants to say something, he takes to Twitter to do it. Not Facebook. Not Hacker News. Not reddit.

The same goes for many of the most influential people in the world.

Twitter has incredible utility for powerful people but very limited utility for average people. Maybe the exact opposite of facebook. On Facebook, my friends interact with me. On twitter, I speak into the void.

the_economist··on [dead]
The White House climate change page did not contain the word nuclear. So it was not a actually page about addressing climate change, but instead an exercise in virtue signaling.
the_economist··on Uber continues self-driving vehicle testing in SF in defiance of DMV
I use my self driving feature on my Uber in San Francisco all the time. It's an extra safety assurance against hitting a pedestrian.
the_economist··on Vancouver Housing Tax Pushes Chinese to $1M Seattle Homes
That would be after the Chinese defeats us in WW3 and a treaty prohibits us from fielding our own military for the next 100 years.
the_economist··on AngelList acquires Product Hunt
Hi dang,

I don't understand what detached means in this context. I am still seeing the comment in the main thread. Is this because of a setting I have?

the_economist··on Apple Profit and Revenue Slide as It Copes with Slumping iPhone Sales
This is not telling the complete story. In 2016, Apple shrunk around 25% in China, after growing 100% in China in 2015.

Something is very odd with their China business.

the_economist··on Apple Profit and Revenue Slide as It Copes with Slumping iPhone Sales
Same was true for the iPhone 6S, iPhone 6, iPhone 5S, iPhone 5, etc. Yet this is the first time in 15 years Apple revenues have shrunk year over year.

That means something.

the_economist··on More than 90% of ‘genuine’ Apple chargers and cables sold on Amazon are fake
I feel silly contributing to this tale of anecdotes, but ~50% of my Apple cables have gone bad.
the_economist··on [dead]
The policies on donaldjtrump.com have been the same for a long time, and Trump has not contradicted them for the most part.
the_economist··on Peer pressure’s effects are perhaps more powerful than we thought (2014)
Paul Graham wrote about this in an essay called Cities & Ambition: http://paulgraham.com/cities.html
the_economist··on Liquid assets: how the business of bottled water went mad
Try switching to green tea + l-theanine. I went from coke -> coffee -> tea without a problem. The main addiction is to the caffeine.
the_economist··on Helping the homeless in San Francisco
Human biology is hard. We don't have a cure for AIDS, baldness, acne, heart disease, cancer, the common cold, etc.
the_economist··on Helping the homeless in San Francisco
Homelessness is mainly a byproduct of mental illness and drug addiction. If you want to solve homelessness, you need to target those problems. I would suggest that new technology is needed, particularly in the case of mental illness. We do not have a good medicine to treat schizophrenia, for example.

The city of San Francisco spends $241 million/year on ~7 thousand homeless, an indication that throwing money at this problem doesn't do much.

the_economist··on Oil soars 6 percent as OPEC reaches deal to limit output in November
Major energy sources and percent share of total U.S. electricity generation in 2015

Coal = 33% Natural gas = 33% Nuclear = 20% Hydropower = 6% Other renewables = 7% Biomass = 1.6% Geothermal = 0.4% Solar = 0.6% Wind = 4.7% Petroleum = 1% Other gases = <1%

An electric fleet (powered by coal, natural gas, and nuclear) will reduce demand for oil, so movement in that direction is likely cause falling oil prices. Which could lead to more people buying oil-powered cars again.

the_economist··on Common Misconceptions About Applying to YC
In BuildZoom's batch (W13), only ~3 out of 50 companies had raised seed funding before YC.
the_economist··on Amazon CloudFront now supports HTTP/2
I assume someone from AWS is on here: Do we need to invalidate all of our assets after changing to http2?
the_economist··on After 100 years World War I battlefields are poisoned and uninhabitable
Thanks for the list. Do any others come to mind?
the_economist··on After 100 years World War I battlefields are poisoned and uninhabitable
They are all pretty great. My favorite ones are:

Big History: The Big Bang, Life on Earth, and the Rise of Humanity -> so good!!

History of Russia: From Peter the Great to Gorbachev

Rise and Fall of the British Empire

the_economist··on Apple celebrates one billion iPhones
1 billion iPhones * average selling price of $650 = $650 billion dollars in sales.

Pretty impressive!

the_economist··on Twitter's Fucked
"The man deserved what he got"

If Milo deserved to be banned, then so does 30-40% of Twitter. He did nothing wrong, and certainly nothing worse than this: https://twitter.com/wikileaks/status/756219192878268416

the_economist··on Employee #1: Airbnb
Just guessing, and assuming they were relatively generous with equity since they seem like the type of company that would be.
the_economist··on Employee #1: Airbnb
He likely owns about 0.5 - 1.5% of the company, after several rounds of dilution. So at a $30 billion valuation he is worth somewhere between 150 - 450 million.

There is always a way to sell shares, although I don't know if Airbnb has made a formal offering available to employees.

the_economist··on Year-long road trip where it's 70°F every day in North America
Mexico City is 7200 feet above sea level. Keeps it quite nice.
the_economist··on How to Email Early Stage Investors
I suggest emailing up-and-coming VCs who are more eager for any kind of dealflow.

Look for people/funds who just raised their first fund. They are hustling, likely not drowning in leads like Michael Siebel is, and willing to do just about anything to make their LPs happy including spending countless hours evaluating investment opportunities from complete strangers.

the_economist··on The driverless truck is coming, and it’s going to automate millions of jobs
Ocean and air freight real prices are the cheapest they have ever been.
the_economist··on The driverless truck is coming, and it’s going to automate millions of jobs
The trucks will likely drive at 45 mph so it would take 65 hours to cross the country. Still a huge improvement.
the_economist··on Bill Gates' Philanthropic Impact Put in Perspective
The capital gains tax rate is not 15%. It is 20%, plus a 3.8% Obamacare tax. So Bill Gates is probably paying 23.8% on investment profits.

Here in California there is a lovely 13.3% tax, bringing the total to 37.1%. Bill Gates is a resident of Washington, though, so he doesn't pay that.

You can't blame Washington for not having a state income tax, though. Their tax laws seem to have worked out very well for them in attracting companies like Microsoft and Amazon.

the_economist··on Prince Has Died
He died young. Fame kills.
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