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mircea_popescu: truffles it's good you have the internet, because you can thus acquire even more parts you don't understand to build even larger the pile of dysfunctional junk that is your brain.
mircea_popescu: anyway, brb cause im writing an article then we can beat it more.
mircea_popescu: just like the deceitful whore doesn't lend herself to marriage,
mircea_popescu: bounce one aspect of it's pesky tendency not to lend itself to the scientific method well
mircea_popescu: it's usually given as a textbook example of anti-intelectualism in the us.
mircea_popescu: i have some popcorn prepared for the opinions in the first wrongful death suit connected to private marsd exploration
mircea_popescu: management doesn't yeild as well to the scientific method, sadly, and spitefully.
mircea_popescu: competent managers are always in short supply. engineers used to be, but 500 years of systematic how-to-twerk videos have managed to squeeze an astonishing amount of butt out of the ass.
mircea_popescu: i personally think a grown man should possess a working knowledge of both fields, at least enough to make him conversant in either.
mircea_popescu: in a sense, if one finds himself bored in the laser lab and looking at the stars, one should switch from solid state to large body physics
mircea_popescu: <decimation> right, I get your point, but in the context of today the problem is that bezzle-finance has made the job of resource allocation niegh impossible << yes, tis true, but also somewhat unrelated to the issue of engineer pay.
mircea_popescu: you rule compared to roman engineers 2 millenia ago, and suck compared to derpistan engineers of 4015
mircea_popescu: and it's not harder than any other. if all we have are shitty engineers, are htey not worthy or less worthy of pay ?
mircea_popescu: the people answering how-questions don't need (or want) the tools used by the people answering what-questions.
mircea_popescu: decimation looky : there are two types of questions before mankind. one type reduces to what ? the other type reduces to how ?
mircea_popescu: resources still have to be allocated, somehow, by someone/thign.
mircea_popescu: there's also money-flat, like what most people thing of "dollars". these are used to buy groceries with.
mircea_popescu: there's two kinds of money see ? money-%, like btc. that's the money used by the people who allocate resources.
☟︎ mircea_popescu: yes, this is true. but they are not managers, they're not the sort of people who play the resource allocation game. thus they have no business handling money as a % of total supply.
mircea_popescu: what other effects would you expect, except for rents being in the 20mn a month range ?
mircea_popescu: suppose tomorrow the agreement was that no engineer working in sv is paid under 350mn dollars a year.
mircea_popescu: if you overpay them the bezzle-usd just runs into inflation.
mircea_popescu: in this sense the rate-control agreement of the employers in sv is quite rational and in effect socially beneficial
☟︎ mircea_popescu: people who aren't in the business of control (such as engineers, say) wouldn't -logically- be paid enough money to go into 2nd category.
mircea_popescu: anyway, i suspect the earlier lengthy discussion about money conflates two different uses of the thing.
mircea_popescu: <mikaeldice> So, this guy who said that people who put money on an exchange are stupid sheep and that the next MtGox fiasco 'is coming' is now opening his own exchange. << which guy ?
mircea_popescu: <kanzure> kids out of school are making $90-$100k in the bay area <<< sure. but the 10 year veteran is not making 5-10mn.
mircea_popescu: moiety thats just the contemporary implementation of "every man needs a lord"
mircea_popescu: no fucking idea who told you people cement works for this application btw
mircea_popescu: but no, these were just poorly maintained state highways
mircea_popescu: which was the first time i heard of that sort of shit.
mircea_popescu: anyway, back in 2004 mass was fighting like 3 separare wrongful death suits arising out of chunks of concrete coming off the road and flying into people's cars
mircea_popescu: he accidentally died of a self inflicted would while trying to propel himself with a nailgun
mircea_popescu: it shocked me what poor state of repair the infrastructure was
mircea_popescu: with culture like this illiteracy seems an impossibility.
mircea_popescu: seriously, that's all they have to say about taki, that he called some simian looking jew "homely" and that fascists taking over greece'd be an improvement over the current sort of socialists ?
mircea_popescu: decimation that wikipedia article is perhaps the best indictment of the "wikipedia" notion of an encyclopedia one could devise.
mircea_popescu: jborkl yeah. two thirds of a bar gets you all of ripple.
mircea_popescu: vragnaroda, whom only the eldest perhaps still remember, was famously accused by some derp of "being a grammer naxi that corecteing people 24/7"