Resisting occupation?

It is about power and inequality, and the system-wide outcomes overall of such moves. We are seeing massive consolidation of wealth at the top. Relaxed attitudes like yours won't slow this down.

What do you propose though?

Most of the policies I've seen proposed lately have a very Marxist or communist feel to them. Personally I'm not willing to go down that road as a solution, though I'd love solutions that don't go to such extremes.

Even if I can't propose a solution, it doesn't remove the problem, does it?

That's one very specific implementation of communism.

Price controls, central planners allocating resources, even universal basic income are all ideas that are very much inline with Marxism.

"Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes."

There was/is also Wire: https://wire.com/en

I have worked closely over the years with people from Ivy League/Oxbridge schools to small universities from developing countries and I would not put the people from the elite institutions at the top of the rankings of discipline or ability from my experience.

By SV, I think he might mean Peter Thiel and his associates: https://archive.is/1oVs2

"Narya was backed with about $100mn from Thiel and a cadre of his acquaintances, including former Google chief executive Eric Schmidt and prominent venture capitalists Marc Andreessen and Scott Dorsey."

Maybe terrible is too strong but the trajectory is not great: https://www.euronews.com/business/2024/07/25/germanys-busine...?

well, lets not forget what happened since the start of 2022...

the invasion of ukraine has a major impact on the european economy, but that has very little to do with the article in question...

I could believe that a lot of people under 20 would not know who Zuckerberg is at all, but definitely know who Messi is, if we are talking outside of the USA. Cristiano Ronaldo would be another.

Adding and subtracting are insufficient for models that are probabilistic and have interconnected dependencies (graphs).

It may be probabilistic in tx matching but you can simulate every transaction precisely.

Not sure I understand the latter argument.

To add to what to the other poster said, and to help explain, also were you influenced in buying blueberries because of what other people did in your graph?

I don't think we have sufficient models as to why each transaction happens or not. For example, why did someone buy blueberries instead of raspberries?

That's only tangentially related to economics. There are no economic reasons why I prefer TBS to FPS games.

That is what economics is about in no small part: preferences, their pricing and expression.

The pure movement of money isn't particularly interesting.

The pure movement of money is interesting as long as we have economic crashes happening from time to time that we don't predict.

Preferences and pricing is marketing, not purely economics.

Movement of money isn't causing crashes, but, for example changes in preferences who to move it to or not.

What do you think economics is about if it doesn't include preferences and their expression.

Btw., we have nearly endless information on the movement of money and credit.

What is expensive to you? 200EUR works out to a few euros a week. That is fantastic value compared to anything I have experienced in other EU countries in this decade.