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Comment Re:Evidence of the Great Filter? (Score 2) 365

I half agree with you. My opinion is that intelligence is in general not a useful evolutionary attribute and the fact we have it is simply dumb luck. In evolutionary terms, we're not much of a success; by mass, algae and amoebas are way ahead. We're more populous than monkeys, but then so are mice.

Comment Re:Is someone trying to replace COBOL? (Score 1) 96

No. You don't get to just make changes like that in that envirnoment. It's probably more likely to do with the fact the crusty old COBOL is running on several layers of emulation (really) because the hardware is generations old, and someone somewhere slipped a unicode character into the message stream, or something equally daft.

Comment Re:negativity (Score 1) 246

What do you mean "lately"? It's always been shit. It's always been going downhill. The rot set in the day they introduced moderation. Or Katz. Or when it stopped being chips & dips.

Unemotional & rational, hah. Never seen such a bunch of overprivileged whiners with zero sense of proportion as this place.

Comment Re:it's not "slow and calculated torture" (Score 1) 743

Actually, historically default is quite common and not particularly harmful in the long term. Yes, over the near term it causes horrendous disruption but I have to say if I were Greece, having achieved a primary surplus I would be thinking very carefully about the medium to long term benefits of defaulting.

Comment Re:Minimum Wage (Score 1) 1094

You're basically saying that anything you don't agree with can't be be studied, which is self-evidently bullshit. There is a massive literature on minimum wage effects which you're welcome to pick holes in. You can't just ignore it, though.

As for stickiness, your argument seems to be that residual stickiness is worse than the harm inflicted by widespread low pay, which seems to be overdoing it somewhat.

Comment Re:Minimum Wage (Score 1) 1094

There are good arguments that wages, especially at the lower bound, are sticky and don't reflect a "true" market rate. The theoretical models are complex, but the evidence is simple: almost everywhere the minimum wages are imposed or increased, the predicted negative consequences invariably fail to materialise.

A bug in the hand is better than one as yet undetected.