skysight-inc/HackerNews huggingface dataset:
The hole in the positive sum view of capitalism is the effect that savings have on asset and commodity prices.

Savings equals debt equals savings. Money has to be put somewhere. When the savings of the top 10% or so exceed a certain threshold then they tend to be dumped into things like property or "safe" forms of debt like student loans and mortgages.

Thus the wealth of the rich does steal from the poor, not directly but by making housing, college, and commodities more expensive. Your savings is why I can't afford a house.

Keynes called this "savings beyond planned investment" and on that count at least history seems to be proving him right.

To make capitalism truly positive sum we must find a way to deal with this problem. Perhaps the answer is to make things like equity investment and startup founding even easier-- to increase the efficiency and availability of productive growth investment markets so they can compete for idle dollars against destructive rentier investments.

So while I no longer believe in naive Randianism on these issues, I do still prefer non coercive solutions if such can be found. I wonder if the sort of work YC is doing is really the "problem" or whether PG is actually a bit wrong about that. Every startup represents some investment capital going somewhere other than to jack up the rent.

Sarbanes Oxley seems like precisely the wrong thing. I wonder if the present day housing silliness would exist if IPOs hadn't been made borderline illegal. The housing bubble, which made housing unaffordable to at least two generations, immediately followed the partial closure of the IPO market. Did all the capital that should have gone into post-series-A-D financing go into inflating real estate instead?
Tyson/Biggs: Postscript
Sorry... s/day/did
> thus shifting the cost from the state/government to the employer.

This would simply shift the cost from the state/government (read taxpayer) to end consumers (read taxpayer).
I don't know what you're talking about. I didn't write the article. I just quoted the guy where he laid out the definition or his understanding of the term of « startup » which IMO is in line with the current common and broad idea of startups in that they're a special breed in the small businesses category that possess specific qualities that make them rather distinct from other business ventures and establishments.
Show HN: Tribalpedia – Free Learning About Native American Indians
When he refers to "the spread of computing power" he seems to be talking about software startups in particular. But when he says "The ultimate way to get market price is to work for yourself, by starting your own company" he is either talking about every imaginable form of business, or he is talking complete gibberish. If everyone goes into one sector, the economy would soon suffer an abundance in that sector, and a relative lack in other sectors. So his point is either true of any business that one might start, or he has no point at all.
http://www.newyorker.com/magazine/2003/07/07/what-ails-us

"There are really two American economies: one that’s getting more productive and one that’s not. In the first—the economy of Dell, Toyota, and Wal-Mart—consumers have grown accustomed to paying less for more. In the second—the economy of Harvard, the Yankees, and Bob’s Body Shop—they pay more for the same. The first economy has policymakers worried about deflation. The second has consumers worried about paying their bills."
Perhaps a more reasonable reading of this is required. "It should not be impossible to change your station in life because of your parent's income level" leads to different conclusions. Of course the wealthy will have an advantage, but that does not mean you completely restrict those with ambition from achievement - it would be bad for society as a whole nevermind productivity gains.
Many people are aiming finance startups at the established finance industry. Some are blockchain based, others are just coming in with lower-end products. I'm not as negative as you appear towards the finance industry, yet I do hope that it will become much more efficient and automated.
What's the problem with hoarding? There's no difference between a billion dollars stuffed under the mattress, never to be spent, and a billion dollars burned up in a fire. If the rich aren't spending, they are not consuming resources or causing pollution, so it's as if their money never existed. And if they do one day decide to draw down their accounts, then it wasn't being hoarded.

>> If this were a card game, the millionaire could go piss himself.

Thankfully the economy is not in fact a card game, and no billionaire can force you to piss yourself.
Yup. I reached the same idea a while ago. I didn't use a hash for the fields though. If you think about it, you don't need a hash function at all. A hash function actually slows down compile times! At compile time, you just resolve all the names to offsets in the tuple (simpler, and the added benefit of no hash collisions). I created a "Symbol" type for string constexpr's and used a user defined literal for them.

It seems to me like Boost.Hana is the natural way to do it.
Thinking Rationally About Terror
The information for each tribe was obtained from various sources including the Tribal websites, Wikipedia, and other educational sites involved in Native Indian information. We have condensed the material from all of these sources to make it easier for you to read or complete research. For Teachers, there are links to complete Lesson Plans with Answer Keys for many of the Tribes. or complete research. For Teachers, there are links to complete Lesson Plans with Answer Keys for many of the Tribes. For those who are just interested in learning about Native culture, history, and traditions Tribalpedia is very informative. In either case, we hope that you enjoy the site.
I used to believe that when I was younger; a little experience cured me successfully :). It's not that it isn't possible to have a job that also is your hobby and your passion - it's just extremely difficult to find one. That is, unless you're really accepting and easy to please, or young and still in crush with programming. I've seen quite a lot of the latter types among young developers. Sadly, I've entered workforce long past my crush period, so you couldn't make me satisfied with life by offering to pay for making a random website in currently hot framework.

The most realistic shot at really working on what you love is to start your own business, but even then you often have to pivot to something less interesting to you, and either way, in time you're likely to end up doing mostly administrative work.

So yeah, I ended up assuming that work will not be my hobby, and it's up to me to maximize its profit while minimizing time spent on it.
I'm older than Mr. Graham, and grew up in the heart of the period he focuses on. I think this is one of the smartest essays about the economic and cultural after-effects of the great wars of the 20th century, and all the accompanying and related social phenomena, that I have ever read.
The all-caps sarcasm here seems predictive of the complete factual inaccuracy of what follows. PG posted the Mark Twain article in 2004.
Notifications are appropriate when you have multiple listeners which is so common that (fwiw) I'd like to see delegates replaced with some more elegant form of notifications that can also carry trace info for debugging.
I understand "the cave" in Plato's Republic to be the world as we understand it through the senses. (AKA "the natural world"). Leaving the cave is going into a deeper "gnosis" that, perhaps, resembles pure mathematics, or something else, he doesn't make clear, but it was certainly mystical and thereby ultimately "occult" (or fundamentally "hidden").

Consider this tradition survives even in Newton, who was an avid alchemist, wrt The Philosopher's Stone and obsessed with the numerology of the dimensions of Solomons Temple even as he worked on his Principia.
This is about finance, not about start-ups. Yes, there's overlap, but it's different.

But even if we agree to your point (and I bet PG would agree that there's an element of luck), the pie fallacy is still there. People ought to be able to flip a coin to try to generate wealth.

"If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire. " Puh-leez. If wealth was the inevitable result of hard work, I'd be out-performed by every jock I went to high school with. HN readers aren't relying on work-ethic, we're relying on our minds. We learned how to study independently and apply what we've learned.
The extended maintenance timeline is an implicit admission that nobody wants to hop on their wagon.
So much material, so little time (today, for me at least).

A few of his key points that I noticed:

> In the real world you can create wealth as well as taking it from others. A woodworker creates wealth. He makes a chair, and you willingly give him money in return for it. A high-frequency trader does not. He makes a dollar only when someone on the other end of a trade loses a dollar.

Not surprising that he uses this example, it's popular. As a retail trader however, the amount of money I lose to a HFT is basically the HFT's commission for making my trade happen. In the old days I would have paid a broker, today I pay much less to my (electronic) broker and an HFT takes a few cents as well. It may seem to be zero-sum, but they are providing a service (liquidity).

But then again, everyone will defend their own interests, as PG is doing, and as finance people do.

> I've seen this myself: you don't have to grow up rich or even upper middle class to get rich as a startup founder, but few successful founders grew up desperately poor.

This really should be the whole article. PG argues for economic inequality the whole time, but this is the real reason why economic inequality is bad.

Economic inequality reduces social mobility, and reduces the pool of potential entrepreneurs.

Also, PG should realize that what he does is basically what finance people do. He's increasing valuations of certain startups, not creating wealth. It's the same game played in the markets.
Simple internet connection test
I gave up on Asana when it started retooling to focus more exclusively on Agile/Scrum stuff. No tool should be allowed to claim to be about improving productivity if it also goes out of its way to support constructs taken from Agile/Scrum.
How can the pie fallacy be true and false at the same time (and from one paragraph to the next) ?
I love reading, but read 20 or max 25 per year. So what I do read I want to be really good. That's why I like lists like Bill Gates' (and the subsequent discussions on HN) - they help in finding the gems to read.

I also like writing reviews of what I read (mostly on Amazon [1]). Writing the review helps me remember and understand the contents better - so it benefits me. At the same time, I think it helps other people decide if they want to read the book for themselves. If not, then they got what I considered most important from my review.

[1] On Amazon: http://www.amazon.com/gp/cdp/member-reviews/A1CG7W9QANKGOB/ but occasionally also on my blog, like what I recently wrote about Ghost in the Wire by Kevin Mitnick http://henrikwarne.com/2015/12/27/social-engineering-from-ke...
You can't tell too much from this graph, like you say in your essay sandal -- this could be the sign of a vibrant bit of software that's got exponential growth in users and subexponential growth in issues (nice!)

An issue tracker will never replace a great product manager; the most important thing is to make sure the team is working on the most important things.

If urgent (actually urgent, e.g. critical fixes) things are taking all the time from the important things, then you have more work to do; maybe in prioritization, maybe in staffing, maybe in architecture.

Anyway, if you have this graph, and as you say, everything is on fire, then I would, if I were put in charge of this project:

1) Spend at least a half day skimming/reading all open tickets, and seeing what tickets each developer is closing

2) Meet with the team to see how they're prioritizing work

3) If the team has good intuitions about choosing their work, I would decide on the most important task, make sure it's on post-it notes around the office and on every monitor and tell the team: choose your issues, but make sure they always are absolutely the most effective and efficient way to push forward what's on the post-it note. Once that item was done, we'd pick a new one.

If the team has bad intuitions on choosing work, I'd probably take over task assignment until I trained / found at least one senior dev who could do some of that work.

If all the bugs are critical errors, e.g. not feature requests, but problems with the code quality, well you have another project in front of you, and one that most likely involves some staffing changes.

I'm looking forward to your review of what you did, and how it went!
I think it has more to do with the "I built Facebook" and therefore I am capable of solving "world hunger", when there are people out there who dedicate their lives to the the task but lack resources.

It is incredibly arrogant, in my opinion.
Agreed, and some system of voting that allows people to express near-substitutes, to avoid a Gore-Nader situation. I don't know the name of it off-hand, but there was a system proposed where you could assign up to 10 points for candidate, so if I happened to like Nader, but also Gore slightly less, I could give Nader 10 points, Gore 9, and Bush 1, rather than give my one vote to Nader with the knowledge that I was probably helping Bush win.
I would like to see one other aspect discussed though: quickness to market.

At my job, we are rewriting some pretty terrible vb5 code. It's easy to just WTF a lot, and complain that there are truly insane things inside of it. The flipside of that, is that this code was quickly built and quickly allowed for a revenue stream.

The author mentioned that thrown away python code provides no value, but I'm not convinced of that statement. The development time could have been significantly shortened, allowing for a revenue stream while the site was rebuilt in C++. While this may seem like wasted development, it could have created incoming money at three months rather than eight months, helping keep the lights on. Further, there are conceivably problems that would come about during development that would impact their design, which they would have to figure out. Solving these problems are irrespective of the language implementation, and using a dynamic but slower language could help them nail down theoretical issues in algorithms, api, and infrastructure, before coding in the c++ system.

A counter point to this though, is that often, there is no budget for a rewrite. I'm wondering if they would be constrained by the prototype becomes long lasting production like in our case.
Node.js Web Jade/MongoDB Scaffold Now with Common Passport Strategies Working
And then, you have Small String Optimization that put the string data back on the stack ;)
Who gives a shit about the bottom 60% of the USA? They have their cars, refrigerators, cell phones, television and football teams.

If we're going to be truly global citizens, we should place much more importance of the global reduction of poverty, which has been going great!

Poor Americans live in the best country in the world--- a country that any enterprising poor foreigner would love to immigrate to--- and they squander that opportunity.
In other words and to paraphrase that now famous paraphrased. It's the technology stupid
How does one tax capital?
I like the fact that the 'python core' devs have moved on to doing something other than pointlessly fiddling with something that's reasonably good, ie python 2.7

As for 'lack of support', what are folks expecting support for? If there's a known security issue, somebody will write a patch.
I do have an SSD but other methods to find big dirs/files are much slower. Like

find / -xdev -type f -size +${2:-100}M -exec echo {} && du -h {} & \; ; }
The book "Coming Apart" by Charles Murray is a thoughtful read on this topic.
Please stay with the facts. Price controls are a very different and much dumber idea than a job guarantee or the basic income.
I think the other commenter may be suggesting that it's wrong for life's bare essentials to require large amounts of debt, but beyond essentials a well-informed person should have debt as an option.
Various reasons, but one of the most compelling in my view is that a society with a (relatively) increasingly wealthy elite eventually becomes unstable - money generally correlates with political power.
It's a bit like asking for a citation showing that Barack Obama is currently the president. It would be hard to know where to start. Someone already mentioned the Koch brothers, and the recent news is not difficult to Google.
Darkmail.info is down
The oil crisis was a result of the collapse of the Breton Woods System. Wage-price controls were merely a prop to stem the collapse.
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Actually, it doesn't. I may not hang around the same group of people as you which may explain why I have no biasses towards the NYTs. Please explain what you mean.

If you were to mention Fox News I would get the referene since Fox News is mostly a racist, sexist, xenophobe pile of dung. I'm of course exagerating for dramatic effect. They are still quite bad on the things they say(twist) though.
>> This is either a completely new level of DDoS or they are just completely incompetent in their way of handling it.

My take is that it's somewhere in the middle. This type of outage has in the past, and will potentially in future, hit providers at all price points regardless of their SLAs and guarantees.

In my experience (and other comments indicate) Linode are genearlly very reliable. This isn't a mickey mouse, dirt-cheap VPS operation. The communication hasn't been awesome but by keeping an eye on status.linode.com I personally have felt reasonably well informed. If you trust they're working on it and doing the best they can.

Other commenters suggest this is a fairly sophisticated, deliberate and sustained attack. They're putting significant resources toward it. It also seems whoever is behind it has potentially gained inside knowledge of their network topology.

Based that understand, I'm not wasting my time calling them or sitting around hitting F5. I'm working to improve my systems' architecture for resiliency in this type of situation. That involves geo-distributed, multi-site redundancy and fail-over.

My advice: be optimistic and proactive.
The interesting thing is that if the potential outcome of founding or working at a startup were less, salaries at Google would likely be lower, too. After all, those Google salaries are so high in part because of competition by startups.
Yes, the problem is hoarding. Which is proportional to the delta in potential and actual productivity of the already wealthy (and their assets).

Here's a quick demonstration: imagine all US taxation (apart from excise taxes) was replaced by a 3% yearly tax on household net wealth. No income taxes. No corporate taxes. No cap gains. No weird deductions based on expected future whatever. The question now is: cui bono? The hard working, high growth individuals (wealthy or not) benefit because their income and capital gains remain untouched -- they just need to earn enough in returns to offset the 3% tax. And who loses? The hoarders engaged strictly in "wealth preservation" (https://books.google.com/ngrams/graph?content=wealth+preserv...).
There are "tech startups" that serve lots of "non-tech" sectors of the economy. One of the major beliefs in SV is that this is going to happen more and more, with companies making tech that augments or replaces entire sectors of human work. There's obviously a ways to go before this will be possible with some areas.
I disagree. Those people having a lot of wealth doesn't affect ordinary people much at all. The inequality that affects ordinary people is the kind that drives up housing prices and drives out long-time residents, or those that bid uo healthcare or educational costs. The thousands of Facebook employees making six figures contribute more to inequality in practice in their communities than Zuckerberg.
The Economist has a four paragraph summary of the book.

http://www.economist.com/blogs/economist-explains/2014/05/ec...

Low growth causes more income to come from capital, which causes more inequality due to inheritance and the rich getting richer. The solution is a global progressive tax on capital.
>> Toyota works hard to teach them

Why did Toyota did that ?
The whole point of 'mindfulness' is that you don't need any gadgets or apps to be able to access it. It doesn't require external resources of any kind; it's freely available, at any time.
I don't know C++, so sorry if this is a dumb question: what's the difference between a tuple with named fields and a struct?
WTF? Just use a struct. And interop with existing tuples; maybe conversion constructor and operator cast. 10 lines everybody can understand, not some crazy shit.
There's a huge difference between maintaining public support to send a voluntarily conscripted army somewhere, and actually instituting a draft and wartime command economy. Do you think your early 2000's out-of-touch war cheerleader would have been so zealous if their family were forced into the army, or if fuel rationing meant they could only drive one of their SUVs? It is all too easy to be pro-war when its only effect is a new genre of reality TV.
Sure they are, but that was not the argument I was half-jokingly making.

What I was saying was that you can't hide meaningful amount of difference in tax rates between then and now in business lunches (which to the best of my knowledge are still around).

On a more serious note though I would consider the law of diminishing marginal utility and its impact on economic activity.
The std::tie function can also solve this problem in most situations, if you are stuck with C++ 11.
Yes. They absolutely should.

Once you start playing these games with the tax code, you end up with the laughable system we have now that only benefits tax accountants and politicians.
That part is a bit questionable. Educated people starting small companies that grew big is not something new in American business. Not even educated people starting small technology companies that grew big. It's possible there has been a quantitative change, with it being more common now (I'd need to see numbers to be convinced of that, but it's possible). But "practically zero concept" prior to the 1980s?