High Frequency Traders are self-correcting, if the exchanges will not let them walk away from "oopsie!" trades, no matter how disastrous.
One fine day, each of them will have a day where a badly-tested software change goes into production, or the wrong software change, or some other error, and it will lose money at a ferocious pace before some human pulls the plug on it. If the error is bad enough, they will go out of business. If it's a lesser disaster, they may only lose a boatload of money, but be able to continue on -- if they're brave or foolish enough to stay with that business model.
If the exchanges let them make money when the algorithms are good, and reverse trades so they break even when they're broken, the exchanges are performing a disservice to their traders who want to actually trade, by subsidizing those churners.
A response to those who complained (or bragged) that events of 50 years ago aren't "history", for whatever sincere or insincere reasons you gave, a reminder: history keeps happening. They will be history someday, if they aren't now.
When you are 100 years in your grave, those pull-tabs and their cans could still be helping historians and archaeologists figure things out, perhaps in ways that we can't begin to imagine.
Who would have thought fifty years ago that isotope ratios in human remains could tell us about diet? Or that unexpected things could be learned from textual or statistical analysis of digitized old public records? (Or that there would *be* massive amounts of digitized old public records?)
A little perspective might be helpful about now. And perhaps some humility.
Those things you mentioned change the environment in which natural selection occurs, is all: what makes a trait helpful in producing descendants who survive. They can't keep it from happening.
Tuesday nights, I watch my pretend friends pretend to solve pretend crimes, in a show that does product placement for the surveillance state and the American empire.
Great list. I can think of only one thing to add to it, and only one tweak to another.
Add: Automated carpooling, with dynamic creation of passenger lists. Lyft/Uber plus share-a-ride. A variety of sizes, with I'm guessing 8 passengers being about as large as it gets, in most places, most of the time.
Tweak: "But ossifer, I wasn't drinking drive. Drunking drive. I'm just sitting here. Honesht."
Making it more efficient would defeat the purpose: selling gear and maintenance, provided by firms located in congressional districts.
I'm surprise no Keynesian has pointed with admiration to WW 1 trench warfare, which used up lots of military materiel. With better management by the belligerent nations, it could have lasted decades.
After years of people communicating by postcards, someone invents the envelope, and the cops get all scared that they won't be able to fight crime any more. Or so they say.
I've not been keeping up, but I'm pretty sure Indiana still has a better track record on human rights than China.
And that's even if you buy the bizarre notion that bakers and photographers and such are "common carriers" who have to accept anyone who meanders up to their doors as a customer.
Shorter answer: because the government-printed ballots introduced during the Progressive Era meant government, not the people, decided what organizations were and were not political parties -- eliminating competition by new entrants. Voter engagement and voter turnout and election competitiveness declined to modern levels by attrition of engaged voters.
In the political sphere, we're living in a world of only Coke and Pepsi. By law. No Dr. Pepper. No Seven Up. And definitely no water or milk or tea.
And no realistic chance of getting any of them unless things deteriorate apocalyptically, or something else highly unlikely happens.
I don't recall tubes, but it's been a while. I do recall at least one dome (which I took to be a bubble in the rock), big enough to house offices and maybe a public space of "town square" size.
And ice pockets big enough to mine. That one, I figured was just invented to make the story work and/or wishful thinking.
A recent alternative to electoral or judicial challenges sounds quite intriguing. No doubt a little sober reflection and discussion will remove some of the charm, but it has potential.
Massive civil disobedience, with support that reduces the risk to the disobedient. This particular proposal is said to be more appropriate for some situations than others, but even so, yeah, let's give it a try. (You first.)
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High Frequency Traders are self-correcting, if the exchanges will not let them walk away from "oopsie!" trades, no matter how disastrous.
One fine day, each of them will have a day where a badly-tested software change goes into production, or the wrong software change, or some other error, and it will lose money at a ferocious pace before some human pulls the plug on it. If the error is bad enough, they will go out of business. If it's a lesser disaster, they may only lose a boatload of money, but be able to continue on -- if they're brave or foolish enough to stay with that business model.
If the exchanges let them make money when the algorithms are good, and reverse trades so they break even when they're broken, the exchanges are performing a disservice to their traders who want to actually trade, by subsidizing those churners.
A response to those who complained (or bragged) that events of 50 years ago aren't "history", for whatever sincere or insincere reasons you gave, a reminder: history keeps happening. They will be history someday, if they aren't now.
When you are 100 years in your grave, those pull-tabs and their cans could still be helping historians and archaeologists figure things out, perhaps in ways that we can't begin to imagine.
Who would have thought fifty years ago that isotope ratios in human remains could tell us about diet? Or that unexpected things could be learned from textual or statistical analysis of digitized old public records? (Or that there would *be* massive amounts of digitized old public records?)
A little perspective might be helpful about now. And perhaps some humility.
Underground tunnels are so much better that above-ground tunnels.
The problem is that California's water policy is badly flawed.
Charging below-market prices is a very bad idea. Charging below-cost prices is a very very bad idea.
After listening to this podcast, I've concluded it's worse than I had thought. http://www.econtalk.org/archiv...
See "The Marching Morons" by C.M. Kornbluth.
Or a dumbed-down version of the story as a movie: "Idiocracy". (But it was dumbed-down ironically, so it's OK.)
Those things you mentioned change the environment in which natural selection occurs, is all: what makes a trait helpful in producing descendants who survive. They can't keep it from happening.
Damn right-wing religious fundamentalists, always screwing things up. :-)
Tuesday nights, I watch my pretend friends pretend to solve pretend crimes, in a show that does product placement for the surveillance state and the American empire.
Yeah, I don't get it, either.
As I recall, she's an attorney.
And I'm pretty sure attorneys are not strangers to negotiation.
Strange Donuts in St. Louis accepts bitcoins.
Time for a stakeout?
She's plenty competent -- at getting re-elected.
Any other competence that others might want her to have are at best supportive of that competence. Many of them are irrelevant.
The most valuable of them -- IMHO -- would be detrimental to getting re-elected: doing her job, as described in the US Constitution.
Great list. I can think of only one thing to add to it, and only one tweak to another.
Add: Automated carpooling, with dynamic creation of passenger lists. Lyft/Uber plus share-a-ride. A variety of sizes, with I'm guessing 8 passengers being about as large as it gets, in most places, most of the time.
Tweak: "But ossifer, I wasn't drinking drive. Drunking drive. I'm just sitting here. Honesht."
Making it more efficient would defeat the purpose: selling gear and maintenance, provided by firms located in congressional districts.
I'm surprise no Keynesian has pointed with admiration to WW 1 trench warfare, which used up lots of military materiel. With better management by the belligerent nations, it could have lasted decades.
Crooked vice cops. Way to contradict a stereotype, guys.
After years of people communicating by postcards, someone invents the envelope, and the cops get all scared that they won't be able to fight crime any more. Or so they say.
I've not been keeping up, but I'm pretty sure Indiana still has a better track record on human rights than China.
And that's even if you buy the bizarre notion that bakers and photographers and such are "common carriers" who have to accept anyone who meanders up to their doors as a customer.
I feel exactly that way when I see a Democrat and a Republican compete for an office.
Fortunately, gerrymandering means we frequently see only one candidate on the ballot. No conflict there.
Just like N. Korea and Big China and Cuba.
Hey, gstoddart! Keep your pronouns to yourself. *I* don't vote for the bi-partisan scum. Other people are electing those dolts and scoundrels.
Oh, wait. You may not have included me in that "we".
Never mind.
But to answer your question, there's "Why America Stopped Voting" by Mark Lawrence Kornbluh. http://en.wikipedia.org/w/inde...
Shorter answer: because the government-printed ballots introduced during the Progressive Era meant government, not the people, decided what organizations were and were not political parties -- eliminating competition by new entrants. Voter engagement and voter turnout and election competitiveness declined to modern levels by attrition of engaged voters.
In the political sphere, we're living in a world of only Coke and Pepsi. By law. No Dr. Pepper. No Seven Up. And definitely no water or milk or tea.
And no realistic chance of getting any of them unless things deteriorate apocalyptically, or something else highly unlikely happens.
And power-hungry scoundrels (and the merely well-meaning-but-inept) do.
There's more to people than their genes. We're also a bunch of ecosystems: skin and gut, especially.
Is there room on that CD for the genomes of our bacteria and fungi and such, and the bootstrapping process for each?
Oh, and where to put them? You probably don't want the colon bacteria on your eyelashes, etc.
Sounds like a plan. Does never voting for Democrats or Republicans figure into it? Because they seem to be behind those invasions and occupations.
Two words that might help: Streisand Effect.
http://duckduckgo.com/?q=streisand.effect
I don't recall tubes, but it's been a while. I do recall at least one dome (which I took to be a bubble in the rock), big enough to house offices and maybe a public space of "town square" size.
And ice pockets big enough to mine. That one, I figured was just invented to make the story work and/or wishful thinking.
Jeez. Troll?
I'd have gone for Sarcastic, were that an option. Or perhaps Mildly Amusing.
Somebody's gotta get their humor detector recalibrated, and I'm pretty sure it's not me.
A recent alternative to electoral or judicial challenges sounds quite intriguing. No doubt a little sober reflection and discussion will remove some of the charm, but it has potential.
Massive civil disobedience, with support that reduces the risk to the disobedient. This particular proposal is said to be more appropriate for some situations than others, but even so, yeah, let's give it a try. (You first.)
Here's a podcast by the proponent: http://www.cato.org/multimedia...