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Comment by agc on What the Haters Hate · 2018-10-02T16:31:38.007Z · score: -9 (9 votes) · LW · GW

This post starts with so much snark that it's difficult to engage with. I can say that I have only ever heard of Dave Rubin in Right wing contexts, so I'm pretty sure he's a right winger.

Comment by agc on Advances in Baby Formula · 2018-09-11T08:28:19.185Z · score: 1 (1 votes) · LW · GW

I'm confused. Here is a quote from a UK website: "Infant formula is usually based on processed, skimmed cow’s milk. Added ingredients include vitamins, fatty acids and prebiotics (carbohydrates that can stimulate the growth of ‘good’ bacteria in the digestive system)." Are things very different in the US?

Comment by agc on Debt is an Anti-investment · 2018-07-06T10:31:13.338Z · score: 8 (6 votes) · LW · GW

All good points, but you are missing one consideration. Paying off debt is a perfectly risk-free investment, but also an investment that is difficult to withdraw. I have a couple of months salary in a bank account earning ~0% interest, while paying a couple percent interest on a mortgage. In theory, I am throwing money away and should pay off as much as I can. The difference is that the money in the bank account is easily available if I need it.

You are absolutely right that anyone paying 20% interest on credit card debt should pay it off before thinking about investments.

Comment by agc on Shared interests vs. collective interests · 2018-05-29T14:40:42.458Z · score: 11 (4 votes) · LW · GW

I feels like you have some specific examples in mind, but are deliberately not sharing them. That makes me reluctant to comment, as I want to know what I am discussing.

Initially I have two issues: a) I think you are using two different meanings of the word interest: things you find interesting, and things you gain utility from. b) Groups only rarely enforce strict rules for joining, so there are hardly any true collective interests by your definition.

Comment by agc on Inefficient Doesn’t Mean Indifferent · 2018-05-02T14:55:49.080Z · score: 1 (1 votes) · LW · GW

Maybe this is a good example.

If we were willing to admit the students who would benefit most by objective criteria like income or career success, we could use prediction markets. The complete lack of interest in this suggests that isn’t really the agenda.

Robin is saying that lack of interest in using prediction markets for student admissions shows that universities don't actually want the best students. I can think of many other possible explanations:

  • They have never heard of prediction markets. It's a fairly obscure concept.
  • They don't believe it would work.
  • They have moral issues with letting strangers bets decide if someone gets admitted, or they think it could be manipulated.
  • There are dozens of other strange methods that someone thinks would solve all their problems.