Jason Brennan critiques popular arguments for restricting #immigration among countries.
Hm, maybe I’ll watch it tonight or later this week. This is the best review of the book I’ve ever read, timed to coincide with the 2013 movie’s release. The reviewer, #[3], is even technically on Nostr, but he hasn’t posted for a while.
https://reason.com/2013/05/02/the-great-gatsbys-creative-destruction/
The original being the 1974 Jack Clayton movie? I haven’t seen that one, though I did see Baz Luhrmann’s adaptation and I read the book.
These are sophisticated depositors. They accepted the risk.
What if we compiled a similar token frequency table for non-spam? Could that be “subtracted” from this table for an even more useful table?
Yeah, I know. I presume the presence of one word on the list is going to be insufficient to tag a post as spam.
An Update on USDC and Silicon Valley Bank: https://www.circle.com/blog/an-update-on-usdc-and-silicon-valley-bank
Circle makes it sound like Silicon Valley Bank was solvent, but an irrational mob caused a liquidity crisis. This is false.
In my opinion, FDIC is not needed. Banks can pay for their own deposit insurance, and accept the scrutiny from insurers that would accompany it. Or depositors can be more prudent about whom they lend their money to. The FDIC just creates moral hazard.
USDC has lost dollar parity. SVB’s depositors and investors will lose money, or taxpayers and dollar holders will if they’re bailed out.
It’s neither. Silicon Valley Bank was poorly managed and became insolvent. Its failure says little about fiat currency.
“Daylight saving time hasn’t achieved its primary public policy goal—energy conservation—and may actually undermine it, imposing significant environmental, health, safety, family, and economic harms along the way.” #EndDST
If that’s true, then it’s time to buy USDC.
Nginx or Nginx Plus?
Collateralized stablecoin USDC isn’t looking too good at the moment, either.
This article frames the divide quite brilliantly, and I say that as a strong partisan of the “rationally redesigned commons” Ostrom-influenced version of social media’s future that I think Nostr exemplifies. https://www.ineteconomics.org/perspectives/blog/ayn-rand-vs-elinor-ostrom-the-fight-for-the-future-of-social-media
Sure. Markets are chronically underrated, but they’re not the *only* institution that can work well. I just wish people would stop trying to expand the scope of democratic politics, a chronically overrated institution where the benefits are almost never worth the trade-offs.
I just noticed the Reason Rat zapped me some satoshis a few days ago. (Thanks!) That rat hears everything in the D.C. #Reason office.
#[1]

