Viewing profile — corentin

And what's the connotation with "taxpayer money"?

> austrian economics has probably become too dogmatic for some Milton Friedman once said "there is no Austrian economics - only good economics, and bad economics". The question is …

> So if people decide to spend less on investment goods, doesn't that mean that they must be deciding to spend more on consumption goods—implying that an investment slump should al…

Yeah, that's the good thing about stable APIs and ABIs. But why bother?

Except he hasn't. Under the gold standard, there is a feedback loop allowing the market to control inflation (that is, people can invest more or less in mining technologies/compani…

Nearly all the professional applications (engineering, finance, accounting, etc.) only run on Windows (or Mac OS X for the design stuff).

Like most of us, I discovered programming using proprietary software (namely MS-DOS and QBASIC), and if an intolerant idiot tried to prevent me from using those tools, he would hav…

That's not what I'm talking about. Stallman declared he'd rather see computer clubs closed than using Windows. He wants to convert (I'm quoting the article) the "important resource…

He certainly is serious. But as long as his ridiculous totalitarian/communist ideas only apply to software, he's mostly harmless.

I assume such a hypothetical company would become a huge Fortune 500 company selling their database technology at a very high price!

Usually it's the size of a business card.

There's no such thing as "public" money; it always comes from private pockets and ends up in (different) private pockets. I can't see what's pejorative about taxpayer money. That's…

So, if (let's say) you raise a group of boys isolated from the rest of the world until they are 15 and then, all of a sudden, tell them: "oh, by the way, there's this thing called …

Don't worry, they won't eat more than what is produced.

Malinvestment also applies to labor. Workers need to retrain before they can start new productive jobs, and they need capital as well (not easy, since the US are borrowing instead …

Companies doing risky stuff shouldn't be too surprised when they suddenly run out of good luck. On the other hand, if I were running a company and I knew that my buddies in Washing…

The system doesn't self-correct everywhere at the same time (unless there is a central bank point of failure, if you see where I'm going...), so if your company is bankrupt you can…

Well, then just how much did regulation helped prevent this whole fiasco?

Do you know what your neighbours want? What they like and dislike, what they want for their children, and so on? Now, do you think a genius would know? And if he knew, would he kno…

MP3?

In essence, they're telling their employees they're too stubborn or stupid to follow guidelines and use their judgment when it comes to responding to email.

I think you may be confusing two things here. The federal debt indeed is backed by the taxing power of the US government. That is, if you lend it 100 dollars today, you can have so…

What I love is living in a very comfortable house in front of the sea, with nobody else around me for miles. What I love is sitting in a hot bath and reading a book. What I love is…

Well, the successful person is the one who reaches the goals he sets for himself. If your goal is to become rich no matter what, you can become very successful as a drug baron. It …

To start with, in France, you'd have to remove price control on books...