james22

Ha. When I think healthy, I think the ability to recover from a hangover.

Sure, just curious. Certainly depicting the slope as horizontal until 40 is more intuitive and less distracting.

And the burnt Fool's bandaged finger goes wabbling back to the Fire

Are we really less healthy until 30-40? Does that reflect infant mortality and the like? It shouldn't.

Fun or not, some things seem a good investment. Regular exercise, quitting smoking, drinking in moderation, watching your weight and eating plenty of fruit and veg are all simple things that make a huge difference to your biological age. There's a roughly 15-year difference in life expectancy between a person who does four of these five things and someone who does none of them. https://www.sciencealert.com/your-body-can-be-younger-than-you-are-heres-how-thats-possible

The shame of it! Mississippi has found itself in the humiliating position of being compared disobligingly with the United Kingdom. https://archive.ph/0Eg6T#selection-639.0-643.39

Without being political, I expect the next 5 to 10 years will be interesting times (Fourth Turning?). Retired, it makes planning a withdrawal rate difficult. Just have to plan to be flexible, I guess.

One danger of inequality today: it needs expression. Given mass affluence, elites can no longer demonstrate status with luxury goods. They now do so with luxury beliefs which, by definition, need be silly. Silly beliefs lead to bad public policy. https://en.wikipedia.org/wiki/Luxury_beliefs https://www.robkhenderson.com/p/status-symbols-and-the-struggle-for

I was going to bow out, but this is too funny. "Fine tune"?!? LOL https://en.wikipedia.org/wiki/Local_knowledge_problem https://en.wikipedia.org/wiki/The_Use_of_Knowledge_in_Society https://en.wikipedia.org/wiki/Economic_calculation_problem

As the sociologist E. Digby Baltzell wrote decades ago, “History is a graveyard of classes which have preferred caste privileges to leadership.” https://archive.ph/DCsMq#selection-835.35-835.179

“Luxury beliefs” have to be somewhat crazy to fill their role — if they were obviously true and practical, everyone would believe them and they wouldn’t be elite signifiers. Glenn Reynolds

Never suggested that. And for those with existing networks, it'd probably be silly to leave them for elsewhere.

Sure. But one's chance of success is greater in the US than elsewhere (easier access to networks, money, talent, customers).

That's pretty discouraging to capital formation, yeah? Easy to make progress when starting from zero (because of the previous central planning policies).

In 2019-2020; I had the chance to be in Silicon Valley for a year. Working for startup accelerator, biotech incubator and go to around 130 conferences / meetup. I met VCs, Academics from Stanford, Berkeley, Serial Entrepreneurs, Tech Workers working for Google, IBM, Amazon, Scientists working for Genentech, Pfizer, Bayer, Merck and more. I could clearly see the insane difference in terms of culture and what success looks like. Being an entrepreneur there and building company is everything while is Europe it is just starting. . . . The 2022 StartupBlink report reveals that the US maintains its dominance in the startup economy with a score four times greater than that of the UK, the second-ranked country. Sweden tops the list of successful startup ecosystems in Europe, followed by Germany and France. Despite being ranked as the 9th best startup ecosystem globally, France’s output is only 1/10 that of the US. https://mikelmangold.com/usa-vs-europe/

Where would you HQ your start-up?

I'd take it to mean, on balance (if you haven't already got it made), Europe doesn't offer the opportunities the US does.

Not the exact same things. How many Chinese want to emigrate to North America? How many North Americans want to emigrate to China?

Why would you think that? Understand, the (successful) bet in 1978 would have been on increased market liberalization, not central planning. Now you're betting against that?

Yeesh. Has China interfered with the market more or less since 1978? Has China been more or less successful since then? Only in your Bizarro World does central planning get credit for the success that followed its reform.

Sly, Soviet-style jokes are enjoying a subtle revival on Chinese social media platforms. Their art resides in being too obscure for censors to understand yet clear enough for cynics to chuckle at their mockery. Some are so esoteric that their satire is confirmed only by the censors’ decision to delete them — echoing the cat-and-mouse dynamic that distinguished dissident humour in the former Soviet Union. One joke this week monitored by the China Digital Times, a US-based site that covers Chinese affairs, belonged to this genre. It read: “While out and about on vacation, I stubbed my toe on something. Upon closer inspection, I saw it was a bronze lamp. It was smudged, so I picked it up and gave it a good wipe — and out popped a genie! The genie said it could grant me any wish. ‘Is that so?’ I said. ‘Well then, could you make you-know-who you-know-what?’ No sooner had the words escaped my lips than the genie rushed over, clamped my mouth shut, and asked: ‘Are we even allowed to say that?’” The author’s account appears to have been shut down after the joke was deleted. “Of course, by banning the joke and its author, censors merely proved the punchline,” commented the China Digital Times. “This is not the first time that ‘Soviet-style’ jokes have become Chinese realities.” https://archive.ph/4JcXa

Nothing allocates resources more efficiently than the market. ∴ China's success is inversely related to its market interference.

LOL If that were so, why wasn't China more successful prior to the 1978 market-oriented reforms? Why has China been less successful since Xi has reasserted state control?

Betting against central planning is always a good bet, Luca.

China Is Screwed: Pipe People https://www.battleswarmblog.com/?p=55184