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by Goodspeed
17 Apr 2025, 06:57
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

Their point is that, despite Korea's cultural homogeniety, the North and South suddenly strongly diverged in their levels of prosperity. If culture was a reliable predictor of prosperity, that couldn't have happened. Simple as that. The reason is, as you said, that the North went under communist ru...
by Goodspeed
16 Apr 2025, 11:54
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

To the extent that I'm bearish on the US economy, it's due to the flaws in their political system. In line with the book's theory, we can say American political institutions have been getting more extractive recently, likely to get even more so in the future. This is mostly due to corruption enabled...
by Goodspeed
16 Apr 2025, 07:33
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

Getting pretty tired of explaining the book to people who haven't read it tbh. That's not how I envisioned this book club thing. The arrogance of sitting here reading snippets and thinking you have it all figured out, then going on ESOC to triumphantly type up your complaints about these stupid nobe...
by Goodspeed
16 Apr 2025, 07:31
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

https://i.imgur.com/iurcvEw.png I'm looking at the chapter in which they dismiss the cultural argument and I have to say this was written in a very superficial journalistic popsci way. Probably because it wouldn't sell or create much of a stir, unless they turn it into the textual version of a Nati...
by Goodspeed
16 Apr 2025, 07:19
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

[image] I'm looking at the chapter in which they dismiss the cultural argument and I have to say this was written in a very superficial journalistic popsci way. Probably because it wouldn't sell or create much of a stir, unless they turn it into the textual version of a National Geographic document...
by Goodspeed
15 Apr 2025, 14:12
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

There are 29 instances of the string "patent" in the book. If you download it (link in the OP) you can ctrl-F them yourself and see about the context. Iirc patents are brought up as an example of an inclusive economic institution. The possibility to patent ideas gives people more incentive...
by Goodspeed
15 Apr 2025, 06:40
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

You should probably read the book if you want to talk about it and not sound like an idiot to people who have
by Goodspeed
14 Apr 2025, 08:37
Forum: Real-life Discussion
Topic: ESOC book club: Why nations fail
Replies: 48
Views: 1060
Flag: Netherlands

Re: ESOC book club: Why nations fail

Finished it last night, just going to post my thoughts here now while the memory is still fresh. 86/100 I do think the book could've been shorter, or more time could've been spent on the implications of the theory (which was literally an afterthought) rather than illustrating it by examples. There w...
by Goodspeed
10 Apr 2025, 07:18
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

At the end of the day we’re just doing exactly what trump supporters did under Biden. Point to a short term drop in the stock market and act like something terrible is happening. eh maybe this time is a little different https://twitter.com/jd_durkin/status/1910060968626766032 "We're doing grea...
by Goodspeed
10 Apr 2025, 05:55
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

Imagine how much money you'd be making if you were insider trading on margin
by Goodspeed
09 Apr 2025, 11:47
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

Pretty expensive for a shirt. I'll wait for the Chinese copy
by Goodspeed
09 Apr 2025, 08:23
Forum: Real-life Discussion
Topic: Poker
Replies: 428
Views: 12196
Flag: Netherlands

Re: Poker

@Garja How is your pro career going? Have you moved?
by Goodspeed
08 Apr 2025, 12:38
Forum: Real-life Discussion
Topic: Poker
Replies: 428
Views: 12196
Flag: Netherlands

Re: Poker

It's kind of useless to go into any theoretical detail here considering (most of) your opponents are donkeys. This is just as well, because I happen to not know much about the "flopped nut flush draw" scenario other than that there is usually not that much EV difference between getting the...
by Goodspeed
08 Apr 2025, 10:02
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

I hope the Mossad doesn't whack ol' Donny so we can continue with the program of liberating the world from America. Him getting popped rn would be so bad. Would validate everything he's doing in the eyes of many, "see, he was sticking it to the powers that be". It's one of the few things ...
by Goodspeed
06 Apr 2025, 15:19
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

That dog might be a maga nut, you don't know. The owners put that on there without its consent
by Goodspeed
04 Apr 2025, 20:51
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

Lmao. If "being poorer is not that bad" is how the republicans are going to sell this, we're gonna laugh straight to the bank in 26
by Goodspeed
03 Apr 2025, 20:10
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

fightinfrenchman wrote:
03 Apr 2025, 18:18
Trump thinks having a trade deficit with a country means they are stealing from us. This is one of his most consistent beliefs
He's in the same echo chambers as his supporters after all
by Goodspeed
03 Apr 2025, 18:11
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

Isolationism is a pretty dumb way to weaken China lol. Long term it strengthens both their geopolitical position and their economic position. Why do you think that's his real objective? In Trump's view, China is the number one existential threat to the USA's global domination. That's why the US wan...
by Goodspeed
03 Apr 2025, 13:05
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

Stock and forex markets are responding strongly today. European stocks -3%, EUR/USD +2%. Especially the latter is pretty unheard of, forex markets tend to be quite stable. I'm not sure when the last time was that the USD lost this much value in one day, it might be the first time in this millennium....
by Goodspeed
03 Apr 2025, 08:32
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

Isolationism is a pretty dumb way to weaken China lol. Long term it strengthens both their geopolitical position and their economic position.

Why do you think that's his real objective?
by Goodspeed
03 Apr 2025, 06:56
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

https://www.reddit.com/r/Conservative/c ... riffs_are/

/r/conservative being mostly reasonable for a change.
by Goodspeed
03 Apr 2025, 06:10
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

America is liberated, and great again. Historic stuff
by Goodspeed
02 Apr 2025, 16:54
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

Thanks. I would be less okay with SCOTUS rendering the 22nd amendment useless, but we agree other than that.

I don't think it's likely Trump will try this, but I kind of hope he does, considering it would probably be a free win for his opponent.
by Goodspeed
02 Apr 2025, 14:58
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

What's this in response to? Just to repeat my position, which is compatible with your post, I think most likely is that they were fully aware of everything we are now discussing, and indeed that they rejected alternatives in favor of this. I mentioned some potential reasons why. So I would say they...
by Goodspeed
02 Apr 2025, 13:08
Forum: Real-life Discussion
Topic: US Politics Megathread
Replies: 33945
Views: 540722
Flag: Netherlands

Re: US Politics Megathread

At least based on this source the wording was intentional and the initial proposed amendment actually did forbid former presidents from serving as president for more than 2 terms. Here's the relevant section: Broader language providing that no such person shall be chosen or serve as President . . ....

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