Earlier quoted context omitted.
People are also missing the basic fact: with inflation and interest rates on par and both so low ... government bonds aren't profit centers. They store value and gain just enough interest to beat inflation. It's about your savings not evaporating over the years more than big greedy profits. If you look at the interest payments for the US debt over the last 25 years ... despite the recent debt bubble... the actual int…
I absolutely agree. I was mostly replying to the uninformed belief that the benefits of investment accrue only to the "rich" (a loaded term I'm loathe to use).
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#152Earlier quoted context omitted.
The Perlstein Lab is a Public Benefit Corporation in the Bay Area looking for lysosomal deficiency drug candidates. A ton of research scientists are working on obscure diseases at university. Basically the whole Orphan Drug market; https://en.m.wikipedia.org/wiki/Orphan_drug
From the article you linked: > Moreover, we suggest that orphan drugs have greater > profitability when considered in the full context of > developmental drivers including government financial > incentives, smaller clinical trial sizes, shorter > clinical trial times and higher rates of regulatory > success
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#153Earlier quoted context omitted.
Global inequality has been sharply dropping over the past few decades as hundreds of millions of people in India and China have been lifted out of poverty. Amusing that you think inequality has been rising.
It has been rising in the U.S. and Europe. I imagine you're pretending you didn't know that, but it's not clear why.
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#154Re: Back to SF After the U.S. Digital Service
#155Earlier quoted context omitted.
Interestingly, they say 18F jobs are capped at four years. I wonder if this is a harbinger of change overall in government employment from being "lifers" to a more mobile workforce where people perform "civil service" at all levels as a more temporary thing (like elected positions are intended to be). On the other hand, it also strikes me a possible way to select for younger (less encumbered/tied down) applicants wit…
I think it's simply a sign of how difficult it is to hire permanent staff which are seen as long-term commitments in a way that NTE (Not-To-Exceed) staff are not. My impression from the outside is that people are working on a more permanent system to keep people around indefinitely without losing a way to jettison the retire-in-place types and are working to get something in place by the time it starts to matter. I d…
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#156The first paragraphs read like cheesy paid promo for jobs in Washington. Trying to fix government is a great endeavor though, independent of the articles authenticity.
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#157Earlier quoted context omitted.
Or one might mean that it has redistributed the other way, while other factors in society were redistributing from the poor to the rich, and that the net imbalance would be far worse without the mitigating effect of the internet. Your presentation presumes that the internet is the only redistributive factor that existed in the time under consideration.
True, but pointing out multiple interpretations adds nothing unless you can tell us about the other factors. What are they?
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#158"Helping rich people get taxis easier". As a Lyft and Uber driver, I count among my rides: getting a rough looking fellow (who has spent years in prison after accidentally killing someone in a bar fight) get to the only job that would take him - affordably and on-time (he would have been fired otherwise). I've given an enlisted navy family from Oklahoma (husband was deployed) get home from a late night run to a dista…
People are too convinced Uber is too expensive, I suspect[1].
[1]: I've never actually used Uber
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#159Earlier quoted context omitted.
I've been working on p2p sync since 2008 or so. Now we have a real deployed base. I feel lucky because I chose the tech for it's political possibilities. This keeps me on track on the days when it'd be hard to focus otherwise.
What's the p2p sync software that you've been working on for the past seven years? (This is a part/spare-time project, yes?)
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#160I would love it if anyone repeating the tired talking point, that solutions for rich people's problems will magically transmogrify into solutions for real problems with actual impact on human potential and quality of life, could name even one example of this that's come out of U.S. technology startups in the last ten years. I would also love it if anyone could explain why so many people don't feel compelled to do any…
Android. It was a technology startup purchased by Google.
Stripe, it has enabled small working class merchants throughout the US to make multiples more money. Every farmers market I go to now days has merchants who can now accept credit cards (my spending has increased dramatically!)
Multiple other mobile payment and banking solutions have helped people around the world gain economic freedom.