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Comment Re: "Research" = modelling (Score 0) 56

Why do we look at the same pictures of human chromosomes we did in the 1950s and count 23 pairs where textbooks said there were 24 then?

Why do we look at Iceland and find macroscopic evidence of the contintental drift that Wegener was mocked to his death for proposing?

Why was Semmelweis driven insane by opposition to his hand-washing before surgery proposal?

Are you rewriting scientific history?

Comment Re: "Research" = modelling (Score 0) 56

There is a tendency, among both scientists and non-scientists, to assume that our current scientific theories are correct in some fundamental sense ⦠but the history of science suggests otherwise. Almost all of the theories that were at one time viewed as correct have been abandoned.

â" David Merritt, 2020

Comment Is this the appropriate space (Score 0) 57

Is it inappropriate to mention here the worst prediction in the history of physics, calculations of vacuum energy vs observation, off by 120 orders of magnitude?

If your assumptions lead to even one absurd prediction should you re-evaluate your theories or just ignore it and soldier on calculating, because it makes you feel self-important?

When scientists such as Sabine Hossenfelder use emotional language to rescue broadly zero-sum physical assumptions, are they revealing a strong mood against free lunches, rather than nature?

Comment Re: I think it would be a good idea.. (Score 0) 118

What if the Fed buys bonds? Why did bond yields plummet after the Fed's liberal printing in 2008?

Is it possible you're misidentifying the zero-sum assumptions of economics as "not stupid" when in fact not taking advantage of the positive sum nature of financial economics is the real stupidity?

Comment Anyone remember the bugroff license? (Score 0) 125

Thus enter my version.

Its very simple.

Entirely consistent.

Completely unrestrictive.

Easy to apply.

The âoeNo problem Bugroffâ license is as followsâ¦

The answer to any and every question relating to the copyright, patents, legal issues of Bugroff licensed software isâ¦.

Sure, No problem. Donâ(TM)t worry, be happy. Now bugger off.

Comment Re: Does this remove the "menu costs" argument (Score 0) 194

Cost of living adjustments for everything including savings?

Ai: "According to Fischer and Modigliani (1978), a fully indexed economy is an idealized system where all financial contracts, tax systems, and accounting procedures automatically adjust for inflation, neutralizing its real economic effects. This framework assumes nominal institutions, such as tax systems and debt contracts, are replaced with real-terms adjustments that keep real interest rates constant. Read the full NBER paper at nber.org."

Comment Good for basic income, no? (Score 0) 97

Unless this is really about fidelity to economics and not software, can you imagine the pure engineering productivity unleashed if engineers had a decent guaranteed inflation-proofed basic income and didn't have to listen to bosses telling them to artificially restrict access and features due to advertiser pressure?

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