skysight-inc/HackerNews huggingface dataset:
Fake it until you make it - without becoming a fake yourself
We have a professor who is one of a few dozen active researchers in his field, and I have developed some algorithms for him. It is really trivial to publish in fields like that. And back in the 50s and 60s anybody could get an algorithm named after them.
Higher inflation also means that it's cheaper for the U.S. government to borrow money. In fact, higher inflation is good for anyone who borrows money (people with mortgages, student loans, etc.) because they're effectively paying back less than they borrowed.
Linguistic change on a short time scale
> Given that the entire point of the Federal Reserve is to promote inflation

I can't tell if you're being sarcastic, but the Fed has three mandates [1], one of which is to stabilize prices:

"maximum employment, stable prices, and moderate long-term interest rates."

[1] http://www.law.cornell.edu/uscode/text/12/225a
the left top menu looks like bootstrap collapse :-).
Nostalgia for sure..good work
not just any kind of money -- cash. It's good if you have a lot of liquid assets laying around, neutral or bad for every other type of asset.
Again, let me assure you: no. You pretty much work with what you're given.

Nobody teaches basic English at the college level unless they're being paid specifically to bring remedial students up to speed (and before you ask: yes, that includes freshman English class). I've taught a few "writing intensive" lab courses, but that basically meant that we forced the students to write a lot, and that we were allowed to brutalize them for crappy writing (roughly 85% of the students). We spent no time teaching them how to write, nor could we: we barely had time to teach the subject at hand.
How my Spanish homework turned into starting a company
Awesome, thank you, Jennie!

I think you're absolutely right that the product needs to display profiles of specific interviewers (starting with me) as the next step.

Thank you for the feedback!
Friedman was a Keynesian heretic. Instead of looking at aggregate demand he was looking at the total money supply. The basic problem is that he lacked an understand of the boom itself and focused entirely the bust's mechanics.

The argument for inflation goes back much further than Friedman. Emperor Diocletian tried it and failed. Despots throughout history have attempted it as well and failed (eventually). Inflation "works" in the short term but eventually you pay the price for it in the form of a bust.

I guess that the bad guys liking something isn't entirely sufficient but it should be fairly damning evidence.
The problem is that you're going to have a tough time teaching an 8 year old the theory behind how things work. Just show them how to do something simple with concrete results.

Each child will take this to the degree they can - some will find no interest, some will be wildly beyond the simple demo.

The point is to make sure that there are concrete results from each step, my post was just a first pass at an example, not some absolute...

The point is that it would be beneficial to have a tiered path toward advancement that can be followed.
My personal opinion going into this mess was that, sooner or later, the U.S. was going to inflate its way to a lesser impact of existing obligations.

As it became clear that the big banks would remain... "sacrosanct", I figured that the inflation would start once they were out from under their own balance sheet woes with particularly with respect to lower performing loans and paper built thereon.

Et voilà.

TL;DR: They've given the "big boys" time to prepare and position themselves. Now the screws get put to everyone else.

P.S. By the by, have you been watching e.g. the price of many staples in the supermarket? (Not to mention gasoline, and a few other things.) For many "everyday" folks, inflation showed up already some years ago.
Although individuals did not consciously decide to replace fat with sugar in their diets, the reality is that this policy advisement lead food producers to reduce fat in their products and replace that fat with sugar -- so the practical result was indeed this. Most products that advertise low-fat have accomplished this with sugar. Sure, it didn't have to happen this way, but thats irrelevant because it did happen this way: their was public policy that labeled fat as the bad guy, fat was reduced (sugar increased), and these actions were applauded.
I never thought of inflation in that way. That's rather interesting. I guess a simple way of describing this would be to say that if you are the sole printer of money, and existing money becomes worth less over time, then you can simply continue to print more money every year in order to cement yourself as the person with the most money.
Here is some unsolicited advise from an old timer. As a backup, do one of your internships in a dev shop. It can be Google, Amazon, Facebook, whatever. The key thing is ... it has to be non-research. It is far easier to do this kind of exploration as a student than later.

Best of luck with your PhD and beyond!
A short review of the new 13" Retina MacBook Pro
I suspect it's not configured for prod, since I'm seeing a stacktrace
So you think the reason you don't walk into an office and see everyone using an on-screen keyboard on their iPad is because of legacy Windows software? We have Microsoft to thank as the last defender of the keyboard?

No.
This too is a must read for REST API builders from one of the founders of the django project: http://jacobian.org/writing/rest-worst-practices/
Inflation encourages spending, rewards investment, and discourages hoarding of cash.

Inflation leads to all the positive outcomes that economists want.

Not to mention, inflation is necessary in a society with a growing population, since there needs to be enough currency to spread amongst the population, otherwise it will be held in a finite amount of hands, and increase inequality.
Seconded. This is very confusing. Is it a way to collect feedback on my apps, some kind of life hack fitness app or something to do with technical interviews?
This has happened multiple times to multiple vendors – so it's not clear that the risk is actually low and the resulting database is also useful for catching malware which attempts to replace system files.

As for different versions, it doesn't seem like this should be a significant challenge to an organization which already has to maintain a test OS farm. The process of updating after a release is mostly automatic and if this acted solely as a guard against false positives, the consequences of missing a patch permutation are the current status quo.
Deflation is actually bad for people with positive net worth, it helps most the people who live pay check to paycheck because their money goes farther.

People with lots of networth are usually hurt by deflation which is the reason it is seen as bad. Deflation means houses and capital assets are worth less than they were before, so people with a positive net worth are "hurt".

Now if you are totally liquid, then deflation only helps if you want to spend that money.

If you entirely bound in something that is not liquid and you need to liquidate it, then you get less dollars, but those dollars go farther.

Basically Deflation narrows the gap between the rich and the poor, Inflation increases it.
The challenge for founders is that it's more important to be respected than to be liked as the boss.

If you're too strict, employees think you're unfair and they get depressed. If you treat them too leniently and are too friendly, they'll like you but the company's performance will suffer.

The best founders prioritise performance and being respected, but create structure and goals that avoid people feeling like they're being treated unfairly.
Well, I'd really like to know what he actually said to the reporters before deciding who's right. There are lots of crappy reporters and lots of good ones. All we have here is Woz's claim that he was misquoted.
>><machine id="ibm5160" class="pcjs" border="1" width="980px" pos="center" style="background-color:#FAEBD7">

Tag of the future
I am not. The real purpose is to inflate the monetary supply for the benefit of the large banks. On those supposed goals they have entirely failed anyway.
I think that perhaps excessive salaries of some actors/actresses might die out. Digital distribution should be making things cheaper. Entertainment is already very expensive because people are willing to pay for it. It is made more expensive because of cable companies forcing you to bundle and pay for content you will not watch. It is not necessarily just ads that are subsidizing the content, but also other people who are paying for this content they are not viewing. I don't think ads are going to disappear any time soon, but I think that a lot of shows in the TV industry wouldn't make it without ads (and probably shouldn't make it anyways with so few people watching them).
Why is broadband more expensive in the US?
Hello!
Very very cool.

I'm involved in GHC dev (and thus incidentally c-- dev as it exists in GHC). And i may be spending a lot of time helping improve ghc's code gen over the coming year (which is essentially the most widely used c-- compiler on the planet per se)

your remark intrigues me!
And even a minimal knowledge of history would suggest that the Federal Reserve works very hard to minimize inflation, even at the expense of high unemployment.

Poster's statement is along the lines of "Given that the entire point of firefighters is to promote fires".

It's nonsense.
Except that the risk is asymmetric in that the bank gets bailed out if you can't pay and you don't. They loaned out the phony money and you paid it back with your labor.
The price of labor is a price and should rise with everything else. Average income should track inflation.
I love that windows 1.x had a tiling window manager. I think it's kind of a shame that mode died for so long.
Hey I'm working on the same thing. Right now I only have two rear blinkers hooked up to an arduino and a couple of sensors but I'm slowly building and planning more functionality.

It's a bit sad the lack of attention the rear of the bike receives with current product marketing.

Let me know if you want to develop together (totally understand this is a solo project and you're much further ahead!)
Inflation actually favours the middle and lower income families if they own a house, have any debt, or any investments. Which of course is most of them.
Stable prices is a euphemism for inflating just enough to keep nominal prices the same even as productivity in the economy dramatically increases.
You have a lot of learning to do my friend.

Inflation steals purchasing power away from people who contributed their labor to the market in exchange for the money they received.

The cash hoarding that inflation is supposed to solve continues because people want to hold on to their money in risky times.

Smart people are moving away from cash assets and into precious metals and real estate. These are tangible things, unlike fiat currency that keeps losing value over time.

The US dollar in particular has lost more than 90% of its value since abandoning the gold standard in the early 70s.
Like carpentry, plumbing or auto repair?

Yeah, who am I kidding? Nobody needs those things. That's why we teach them in "vocational technology" schools. Totally different than writing code.
The argument goes back to ancient Rome at least, with the devaluing of the denarius.
So much to learn, you still have. A most basic study of the Federal Reserve would lead you to the exact opposite conclusion. They try to keep interest rates as loan as possible until price inflation gets out of control. I spend a lot of time caring about this issue and all the hype about what the Federal Reserve cares about is just that-hype. They want to inflate the monetary supply all day every day and that's why they buy debt every month as part of QE-infinity. That it hasn't worked does not mean that they do not desire inflation but rather that they have no clue as to what they're doing.
I dunno, Paris h. as media hacker could actually be an interesting discussion.
We Don't Need Daylight Savings Time
Stuff like this is why people hate academia. Its research, its not a pissing contest. What are you trying to accomplish here?
The --link-dest option of rsync, used in this project, actually creates hard links.
A good overview of his viewpoint can be found here:

http://en.wikipedia.org/wiki/Market_monetarism
Those with higher cholesterol have a higher percentage of heart attacks.

Doctors (in Australia at least) prescribe when your risk (calculated on your cholesterol, smoking, stress, exercise, etc) is lowered by reducing your cholesterol, and dietary restriction hasn't worked (i.e. your liver just isn't as good as it used to be). Is that not how its done in the U.S?
Thinking that loans are evil is where misean ideology really breaks down. If you give me a piece of paper that says you will pay me X dollars a month for Y months, that piece of paper has value depending on how likely you are to honor the obligation.
Played Reversi in Windows 1.01. Still lost. I will go hang my head in shame now.
"Catalyst", the ABC's weekly science show, had an interesting investigation into this last Thursday [1]. Last week was Part I, which presumably means this week will be Part II.

[1] http://www.abc.net.au/catalyst/stories/3876219.htm

---

Edit: Wed->Thu
Nice, this one runs on an iPad mini! Not much slower than on a computer.
It's very en vogue for young, analytical types to pretend we're hyper-rational and insist we should all act according to that assumption, but the reality is that none of us are hyper-rational, much as we like to imagine ourselves that way. THe way to deal with our limited rationality is not to say "well, you should start being hyper-rational" and organize our environment as if that will work. It's to acknowledge your limitations and organize your environment in ways that accommodates your limited rationality.
"The usual argument is that with electrics and hybrids, tax revenue is going down."

Electricity is also taxed quite heavily, so you aren't going to avoid all taxes by driving an electric or hybrid car.
Does this impact venues like HN and Wikipedia that value citations substantially more than common sense?
But I've seen no evidence that, that is what happened. There doesn't seem to be a logical reason as to why you'd need to increase sugar in order to lower cholesterol, so why would companies do that?

Can you point to an example food(s) that had high fat, and low sugar, and then after this policy, low fat, and high sugar... ?
I will probably eventually submit a PR for this feature at https://github.com/rubygems/rubygems.org. If anyone else wants to get it started, I'd certainly help.
Actually, noticing that inflation and the quantity of dollars in the system have a non-linear interaction is the core of his point if I understand him correctly. He preaches de-emphasizing inflation in favor of NGDP, but this is not the same as saying that inflation should be higher. Rather, he says that NGDP and inflation are more orthogonal than previously thought.
If it were truly amazing, people would hear about it. Journalists would write about it, existing customers would tell all their friends, and you would notice more and more people using it.

With advertising, a revolutionary new product from a creator without an advertising budget can't compete with the established companies that have hundreds of millions to spend and drown out awareness of others. Think about political reality: It costs millions to hundreds of millions of advertising to run for office. What kind of politicians does that give us? And what chance does a fresh, clean and honest upstart have?
Well done Jordan, this is a good example of how insincere company culture, which endorses email spam and dark design patterns, WILL backfire.

In a company with great culture, this kind of project would have been caught by the various stakeholders of this project and it would not have been released.

However, at Linkedin, the engineers and product managers having learned over the years that these kind of things are "fine" and can be looked over as long as the feature brings more engagement, more traffic --> more money, made this dodgy product slip through the cracks of Linkedin.

I don't know how many times Linkedin has been on hackernews for email spam, when will they finally get it?

I talked to the main growth hacker of Linkedin a while ago who does all the email marketing and asked him if it's not a bit dodgy what they are doing. He smirked and told me how much these strategies boost engagement at Linkedin and how much money they make.

This is not something to be proud of, it's like being proud of having stolen 10 kids a lollipop today. Everybody can steal lollipops, build a drug cartel or big company with dodgy maneuvers, because then it is not about how gifted they were, it's how deceitful.

That is just not impressive. However, it's insanely impressive to build a company without being dodgy, but just by making a great product that your users love.

It's one of the most basic rules of growing a company that pursuing short-term gains (1-2 years) with dodgy maneuvers, directly translate into long-terms losses in the 10-fold numbers of the short term gains.

This is not too hard to understand, is the executive team of Linkedin not intelligent enough to get that?
It probably just means to say "holds true for every regular polyhedron".
Amazingly, it's getting very close to MBA territory in size, price, and battery life. How long until they converge into one machine?
"You are basically having your property taken out from under you without realizing it."

If your definition of property is US fiat currency, then OK, but if you're concerned about it, you have options such as commodities, non-US currencies, and hard assets like real estate.
Salaries don't rise along with inflation, it's one of the reasons why inflation is being propounded by the Fed. If the inflation rate is 3%, you give all your employees a 2% raise at the end of the year. You've given them a 2% raise but have effectively cut their salary. Of course unions were wise to this in the 1970s, one of the reasons there was such massive inflation then, because wages were keeping up with inflation to some extent. But this is not the 1970s, private company unionization rates are only 6.6%, so wages can be cut in this way in a manner unorganized workers will feel more psychologicially at ease with, since technically they're getting a raise when their salary is cut.
There's a big difference between being one of the only ones in a field because it does not yet exist (i.e. you are founding the field) and because it is exhausted (i.e. all the big results are already proven).
How does a government pay the interest on the money the fed prints for it though? The government can't print its own money so technically there is no way out of debt, except perhaps its creditors letting it off the hook in full.

The US$ is like all the other fiat currencies in history, doomed to fail in the long run.
Too bad my pay check is sticky. [0]

[0] http://en.wikipedia.org/wiki/Sticky_%28economics%29
E paper is a pretty cool technology that's tough to adapt to use cases.

Have you thought about potentially replacing office or grocery store signage? Those displays typically need to be changed by hand daily,.monthly, or yearly and could benefit from auto or remote updates.
It'd be nice if they implemented Pointer Lock: https://developer.mozilla.org/en-US/docs/WebAPI/Pointer_Lock
Was Hitler a Darwinian?
Damn! Vinko Coce died.

Never would have known if I didn't read HN
Really? Is this a joke or one of those terrible 'end-of-the-world' advertisements you hear on Bloomberg radio? Precious metals and real estate haven't done very well compared to equities in the last year or two...

Yes, inflation reduces purchasing power if you assume that wages don't track inflation, but historically they do.
When you restore a backup using this method is the drive bootable?
CEO-to-worker pay gap is obscene; want to know how obscene? - latimes.com
Care to actually elaborate your prose?
Loans are not evil and I will challenge anyone who suggests that Mises or any other Austrian believes so. That loans under a fractional reserve constitute fraud is something that is debated a bit. I think at this point the consensus is that it does constitute fraud and should be illegal.
I thought the author made a good point though, actually said what you're saying. This is just if you are in a pinch or need to pivot. I thought it was a good article, wish he had written a little more,
where is qbasic?
Bufferbloat on the upstream pipe, if somebody is using your shared connection.
Since the service you offer is so simple, why not have the home page BE the bill pay form, with some peripheral explanation boxes? I.e. you navigate to the site, and the first thing you see is the code and reference amount fields etc.
First off, I'm pretty sure he was trying to make a point about the inefficacy of name-calling in such an argument, not literally calling you stupid.

Second, Intel advances very specific, safe-bet science like shrinking the semiconductor. As plenty of other people have noted, the semiconductor was a public-funded invention and farmed off to Japan before it could be made "profitable" by American corporations. Heck, early American business laughed transistors off the continent before the value proposition was discovered.

Also, as long as I'm commenting here, I'll note that science is not dead, but I believe that our ability to consume information has tainted our ability to understand true science. To me, the quintessential American scientist of the 20th century was Richard Feynman. His Cargo Cult Science [1] essay, which pops up on HN from time to time explains what's happening best: people who claim to follow science, are actually practicing some sort of modern-day witch doctor magic. They wave their hands and claim the data supports their wild discovery and someone bites. Suddenly it takes 10,000 hours to become a master of something "on average."

1: http://neurotheory.columbia.edu/~ken/cargo_cult.html
Any comment in this thread that doesn't contain the words "liquidity trap" can safely be ignored.

I know that a lot of HNers don't believe that economics is a real science and would rather go with gut feelings or whatever Ron Paul says, but please take a few minutes to read the seminal paper on liquidity traps:
http://www.brookings.edu/~/media/projects/bpea/1998%202/1998...

You may not agree with it, but at least you can understand what the other side of the argument is.

EDIT: Wow, this thread really brought out the goldbugs, bitcoin-ers, and the "FIAT MONEY!" crowds. Just need some mentions of Zimbabwe and wheelbarrows-full-of-Weimar-Republic-marks and I'll win this round of Economics Crackpot Bingo.
It is if it is stable enough (that is the negative working capital). In other settings (such as insurance) it is also known as float. Negative working capital is great if you can get it and keep it. The problem with the associated fcf is that the fcf is the derivative, literally. So if the working capital stops going more negative the associated fcf goes to zero.
That isn't a tradeoff of EC2: hardware fails... I've had servers from actual unmanaged server providers have random failures and need maintenance or need to be replaced as well. Hell: I've had my hosting provider tell me they are moving data centers before ;P. The real problem here is just that Amazon has made the idea of putting your servers in the cloud so easy that people who don't understand that the servers don't run on evil magic are able to use them.
> Yes, inflation reduces purchasing power if you assume that wages don't track inflation, but historically they do.

This is not only factually false, but if it were true it would invalidate the argument being made by the economists quoted in the NYTimes article.

I strongly recommend that you read The Creature from Jekyll Island or other materials on the history of the Fed and its role in US monetary policy.