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chrischattin commented on Billionaires amass more through inheritance than wealth creation, says UBS   ft.com/content/3944234e-e... · Posted by u/gumby
mushufasa · 2 years ago
This is the conclusion of Thomas Picketty's 2013 book, "Capital in the 21st Century." Due to the historical averages of the rate of return on capital, he concluded empirically that wealth will continue to concentrate to the point to inheritors, to the extent that individuals become increasingly unable through labor to achieve parity to the inheritors.

The book was very provocative in economist circles, but even the critics mostly lauded the empirical work at collecting historical data. https://en.wikipedia.org/wiki/Capital_in_the_Twenty-First_Ce...

chrischattin · 2 years ago
Hardly empirical. The data shows the opposite.

~80% of current billionaires in the U.S. are self-made first generation.

chrischattin commented on Orthodox Privilege (2020)   paulgraham.com/orth.html... · Posted by u/omarious
threeseed · 2 years ago
The world isn't a binary choice between either left or right.

The overwhelming majority of the world operates in the grey middle which is what is codified into policies, laws, precedents, standards, norms etc. And much of it is universal across the world e.g. the concept of professional conduct in companies.

chrischattin · 2 years ago
Obviously. I'm just talking about the current state of affairs.
chrischattin commented on Orthodox Privilege (2020)   paulgraham.com/orth.html... · Posted by u/omarious
dannyobrien · 2 years ago
of course, amusingly, it's also well-known as a right-leaning forum too

i used to think that the fact that both ideas were in currency indicated that it was probably unbiased. I now think that it probably means that the "right-wing"/"progressive" indicators are too simplistic a way to describe the actual underlying biases.

chrischattin · 2 years ago
Good point. It's probably more accurate to say it is biased to whatever opinions benefit the YC business model (which is understandable. It's their forum, after all). For example, speaking out against anything other than very lax immigration policy is verboten because driving down American labor costs benefits VC's. Saying anything positive about the previous president will get you downvoted immediately.

(This isn't related to my personal political opinions, I'm just using it as an example.)

chrischattin commented on Orthodox Privilege (2020)   paulgraham.com/orth.html... · Posted by u/omarious
sn00tz00t · 2 years ago
Who are the 'real ones™' on HN with the vision to see something that is most often inappropriate or hard to communicate here due to downvoting or lame rules? Take the opportunity to let us know here.
chrischattin · 2 years ago
This place is a progressive echo chamber for sure.
chrischattin commented on Orthodox Privilege (2020)   paulgraham.com/orth.html... · Posted by u/omarious
kubb · 2 years ago
Could be called “conservative bias” as well, but I guess Paul has to be careful with wording.
chrischattin · 2 years ago
That’s funny because the left currently dominates all aspects of culture, academia, work, and society. The orthodox is solidly “progressive” right now.
chrischattin commented on Globalisation is a far, far bigger deal than you think   edconway.substack.com/p/g... · Posted by u/ksec
Eddy_Viscosity2 · 2 years ago
> without much difficulty

This may be a underestimate of what would actually be involved with this change.

chrischattin · 2 years ago
The technology is there from what I understand. The difficulty will be on the regulatory/bureaucratic side.
chrischattin commented on Show HN: DataSheetGrid, an Airtable-like React component   react-datasheet-grid.netl... · Posted by u/nick-keller
hakhan0301 · 2 years ago
why everyone so mean
chrischattin · 2 years ago
I hope and WANT people to pick through any project I post on here. The folks pointing out flaws are doing OP a service.
chrischattin commented on Show HN: DataSheetGrid, an Airtable-like React component   react-datasheet-grid.netl... · Posted by u/nick-keller
lloydatkinson · 2 years ago
Fortunately that’s mostly been left behind along with jQuery
chrischattin · 2 years ago
Or, we've reinvented the wheel once again...

I liked DataTables. Never had a problem with it.

chrischattin commented on First planned small nuclear reactor plant in the US has been canceled   arstechnica.com/science/2... · Posted by u/deverton
jes5199 · 2 years ago
I think it's time to give up on nuclear. Solar+Wind+Batteries continue to get cheaper. Nuclear doesn't seem to have a detectible learning curve at all
chrischattin · 2 years ago
No one has done more to harm the environment than environmentalists that advocate against nuclear power.
chrischattin commented on Overheating datacenter stopped 2.5M bank transactions   theregister.com/2023/11/0... · Posted by u/Beggers1960
eli · 2 years ago
I sent them over but I used a third layer network (a spreadsheet on my desktop)
chrischattin · 2 years ago
Can't tell if sarcastic or not. But, that's perfectly legitimate. You could do that and if everything is signed correctly, the network will accept it.

I could write down a seed phrase on a piece of paper and hand it to you, and that's a completely offline transaction.

u/chrischattin

KarmaCake day629October 17, 2016View Original