aleax

Alex Martelli

aleax’s Activity

Yesterday

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 11:32 PM

Re: Those lazy, good for nothing unemployed

The key trick in the end is, as usual, ????? sea?t??...:-)

Darn, fooled again by TMF's ancient `boards` software -- the Greek characters looked just fine in "Preview Message", but, that's how they display in [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 11:03 PM

Re: Reestablishing the Middle Class

* Laws and rules requiring the company to hire some percentage of the higher-cost workers. In South Africa my understanding is that apartheid made this explicit. In the US we used "Jim Crow" laws - if you couldn't permit your black [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 10:55 PM

Re: Reestablishing the Middle Class

Money is not simply part of a barter system, indeed was created to transcend the simplicity of barter.

That's a popular theory (going back at least to Adam Smith), but also an ill-founded myth, as anthropologists have shown: barter [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 10:40 PM

Re: a valuable TMF article

Great article (as is typical of Morgan Housel), thanks for pointing to it. Of course, it's a partial view.

Take me for example -- far from rich, but reasonably OK. I do care about what people think of me -- for example, ever since [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 8:34 PM

Re: Inequality

Who in the US borrows from abroad and who borrows from domestic creditors is not relevant. Debt instruments are fungible.

That's correct, as long as the debt is in the same currency (and I believe essentially all debt by all US [more]

Pro Boards Post

aleax replied to the Pro boards. 7:16 PM

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 4:50 PM

Re: Reestablishing the Middle Class

the slow withering of U.S. industry that continues to take a additional toll every day

Industrial production index since the start of the recovery in June'09: 83 -> 103, +24%. Not sure how that's a "slow withering" (!). [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 4:25 PM

Re: Inequality

This suggests that those that have all that extra income are actually spending it and not simply sitting on it in some unproductive manner.

A macro average hides a lot of detail. This article breaks down savings rate by income
[more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 4:18 PM

Re: Inequality

Hey, thanks for the Malthusian throwback. When you have an economy that isn't growing, like this one, it does appear to be zero-sum. But when we return to our senses, and realize that capitalism works and socialism doesn't, we'll grow the economy [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 10:31 AM

Re: Those lazy, good for nothing unemployed

As for me I know when an engineer is soooo sooo superior all the time. After all if you have expertise in one area expertise in everything cant be far off.

There used to be a lot of that attitude in Silicon Valley -- "if you're [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 10:00 AM

Re: The natives are revolting.

In addition, approximately 75% of the compensatory damages verdict was awarded as compensation for emotional distress

Interesting. California has a $250,000 cap on "pain and suffering" awards [i.e the part in excess of [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 12:18 AM

Re: Another warning on labor

1977 was the first year that the fertility rate in Italy fell below the replacement rate. Statistically you are an aberration.

As I was born more than 20 years earlier, I don't see any aberration.

by the way, can you give [more]

Thu Apr 17

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 11:07 PM

Re: OT: Changing tastes after a stroke

Are you sure you are Italian? Perhaps some German blood in there somewhere with their famous sense of humour? }};-D

Double checking my passport, yep. My 23andme profile confirms though it seems like I may have some Celt and some [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 10:58 PM

Re: Reestablishing the Middle Class

So now, three laborers show up at my house with a 7500 dollar ZTR mower, a 500 dollar commercial push mower and a 300 dollar weed eater and a 300 dollar blower. In 20 minutes the lawn is mowed trimmed and swept.

My cost would be between
[more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 10:31 AM

Re: Reestablishing the Middle Class

The most recent business cycle decimated what had been a viable and active middle class leaving in its place a consumer class consisting of primarily of net debtors. Sadly when we talk about the U.S. savings rate as it relates to the consumer [more]

Tue Apr 15

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 11:58 PM

Re: Another warning on labor

There will be pressure for immigration reform and worker visa programs.

PF,

Old answer to new problem. The immigrants are not there either.


We aren't? That's news to me (as an immigrant)! So why did I just [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 11:53 PM

Re: Men More Than Women

In the 1955 grouping of 1955, women were already outnumbering men by 0.01% No wonder I had such a hard time finding a sole mate.

I was born in '55, and few mate my soles, because my feet are SO big.

Fortunately, my [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 8:48 PM

Re: humanity destroying its self

What was interesting is that the bacteria that causes ulcers is dying off. The antibiotic that works on it has only hastened its dying off. The gut does not like that bacteria, but the esophagus does.

Peculiarly, my long-ago Mallory [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 6:05 PM

Re: Soft Skills vs. Hard Employment Reality

I suspect that most CEOs would control every last bit of your life if they could.

Not _my_ CEO (and co-founder) Larry -- he gets angry when he feels he has to micromanage, or initiate all "10x" crazy ideas. His favorite [more]

NL

Boards Post

aleax replied to the Macro Economic Trends and Risks board. 5:35 PM

Re: Soft Skills vs. Hard Employment Reality

I don't know what it's like on the coasts, but here in flyover country, work is more like a plantation, where management figures it's empowered to dictate every detail of your life if it chooses.


Flyover country sounds
[more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating 47.60
Player Rank 39582 out of 75542
Score 334.63
Score Change Today 0
Accuracy 30.00%
Active Picks 11
Total Picks 25
Best Pick RGR (+393.48)
Worst Pick EXEL (-78.20)
Average Score per Pick 13.39
Charms Earned 5
Highest Rated Favorite No Favorites Selected
Go to aleax’s CAPS page

Boards Stats & Trivia

Big gold star, 5000 posts Top Favorite Fools Global Fool Motley Fool One Everlasting Fool
Board Posts 9233
Recs Received 14410
People who have rec'd these posts 1791
Recs to Posts Ratio (last 30 days) 9.40
Threads Started 973
Threads Started Percentage 10.54 %
Most Frequent Board Macro Economic Trends and Risks
Very First Post A SAS: Activision Blizzard post. (9/5/2010)
Percentage of Posts Rec'd 55.99 %
Show aleax’s 10 Latest Posts