Viewing profile — neilknowsbest

Both of these views are consistent with each other. Most people are honest and issue few referrals. But the few people who are dishonest issue loads of referrals. Therefore, most o…

I've been to the Moffat Tunnel many times and I never realized there was a water project associated with the better known rail tunnel there. FWIW, I've also never seen any sort of …

The Federal Reserve Bank of New York has a great quarterly report on consumer credit [0], which the article briefly mentions. The latest report (Q1 2025) is here [1]. Student loan …

To add a little more detail, ES is the e-mini S&P 500 futures contract traded on the CME. The way it works is that you put up some amount of money called the "margin", and you get …

The imperative for the government is to reduce the deadweight loss of under-improved land. Whether or not the owner chooses to improve should be their choice, but there is an oppor…

PR has a dry season when the island receives less rain, and there are dry regions that generally get less rain. In fact, there are sometimes forest fires [1]. Regarding constructio…

Model trains and New Jersey? I assumed it was about Northlandz [0]. I haven't been there in several decades, but I guess it's still in business. Very neat. [0] - https://northlandz…

It appears to be the Soka University of America. https://www.soka.edu/about/faculty-staff/ryan-allen https://en.wikipedia.org/wiki/Soka_University_of_America

The reference: https://en.m.wikipedia.org/wiki/Amager_Bakke

I'm curious about that quote. To my mind, we don't farm because we're trying to use land to "create energy", we farm because it produces food that humans demand in order to live. I…

To be sure, Puerto Rico is a territory of the US. I imagine that making deals with China as you describe would draw the ire of Washington, if it's even "legal" in the first place.

I don't think there is any misunderstanding. The issues are with local distribution, not generation or transmission. So it's simply a matter of prioritizing the restoration of dist…

There are some good arguments against that. It creates a deadweight loss by banning high utility private uses of the car (driving kid to hospital) and instead there would be an inc…

I believe there is a distinction between profits for "transmission" specifically and for electric utilities more broadly. The FERC ruling that you reference is for PG&E's transmiss…

Similar to this is the Weyerhaeuser headquarters building [0] in Federal Way, WA. The campus is also home to the Pacific Bonsai Museum, which is a real gem. Not too far out of the …

I was skeptical too, but it's plausible. According to the Federal Reserve's Distributional Financial Accounts release [0], the bottom 90%'s share of "corporate equities and mutual …

What exactly does "stat arb" mean in this context? I assumed it meant "statistical arbitrage", so I was expecting the article to talk about a pairs trading strategy or something in…

You're right in principle, but larger interconnections aren't a panacea. The reality of Uri is that the neighboring regions to the north (SPP) and east (MISO) were on the brink the…

The stacked line chart [1] of daily production by basin on the wiki page is very misleading. Following through to the source EIA data [2] and comparing Feb 2021 against Jan and Mar…

Policy?

I agree with your general argument (retail consumers overwhelmingly do not face instantaneous price signals). However, I think you can "panic buy" electricity. I live in a place wi…

He's a retired businessman. They met, by chance, years ago when he was in South Korea to close the construction contract for his 50-boat fishing fleet with Hyundai.

Aside: I thought there was some sort of requirement that NYPD officers must live inside the city?

I wanna know how he managed to initiate a wire for $35MM online (and approximately 100% of account balance), presumably to a brand new recipient, and only got a single phone call a…

Failed banks that have been resolved by the FDIC have, in fact, seen depositors lose money on non-insured deposits (i.e. deposits in excess of the insurance limits). FDIC makes pay…