There is a common mistake being made that in complex adaptive systems, more detail and more maths will make them predictable. It won't, beyond a very short time horizon for reasons spelled out by chaos theory among other ideas. There are no experts on the future for this reason.
If you paid just $1 in federal taxes in 2020, you paid more than FedEx, Michaels, Nike, Salesforce, and 51 other massive corporations.
Seems fair, right?
GameStop is an interesting story, but there is a bigger and much more serious question about financial markets
As someone who studies finance, I know finance has tremendous potential to benefit society
But there is something serious to worry in the trend since the 80s
Mastercard is raising its fees on EU purchases made by holders of UK credit cards from 0.3% to 1.5%.
Another Brexit dividend, because we no longer fall under the EU-wide Interchange Fee Regulation that used to cap the fee at 0.3%.
https://t.co/hBG8FoWwGc
A newly discovered Android malware has been found to propagate itself through WhatsApp messages to other contacts in order to expand what appears to be an adware campaign.
#Android#malware#adware#WhatsApp
https://t.co/VipWARC2y8
"It doesn't matter how beautiful your theory is. It doesn't matter how smart you are. If it doesn't agree with experiment, its wrong."
-- Richard Feynman
"Study of 50 years of tax cuts for rich confirms 'trickle down' theory Is an absolute sham"|
@commondreams
@KennyStancil on David Hope &
@JulianLimberg 's revelatory new #III research.
https://t.co/xaBuPzyv9Z
Free access to paper: https://t.co/CA1P1ICRvA
Is Bitcoin worth it?
Bitcoin is socially wasteful and practically useless
It is consuming electricity equivalent to the entire power consumption of Pakistan, a country of 200M+
And what use does it offer? Practically none. Its value only represents speculative craze.
What rich countries don’t quite understand is that as long as poor countries don’t get access to vaccination, the virus will still be able to mutate & could reinfect those already vaccinated.
Worked the late A&E SHO shift on NYE and came out to this. Hundreds of maskless, drunk people in huge groups shouting "Covid is a hoax", literally outside the building where hundreds are sick and dying. Why do people still not realise the seriousness of this pandemic?
The lighter penguin is an elderly female whose partner died this year. The darker one is a younger male who lost his partner two years ago. Biologists have followed them as they meet every night to comfort each other. They stand for hours together watching the lights in Melbourne
Rising public deficits? How about a windfall tax on global investment banks who've just generated a record $125bn fee haul in response to massive debt and equity issues by struggling firms? https://t.co/Ixh2h2RYAB via @FT
Incredible! 🧡
At the Gentle Barn Tennessee, Henry carries hay to his brother, Horton, who is less mobile than him. Compassion is inside ALL of us, including these rescued pigs. 🧡