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Posted on 2014-04-07T16:56:46+0000

Hasnain says:

I should learn to cook ...

Hasnain says:

This is a review of a highly popular economics book that has been hailed as a revolution in economics.

"Given that inequality is a worldwide phenomenon, Piketty aptly has a worldwide solution for it: a global tax on wealth combined with higher rates of tax on the largest incomes. How much higher? Referring to work that he has done with Saez and Stefanie Stantcheva, of M.I.T., Piketty reports, “According to our estimates, the optimal top tax rate in the developed countries is probably above eighty per cent.” Such a rate applied to incomes greater than five hundred thousand or a million dollars a year “not only would not reduce the growth of the US economy but would in fact distribute the fruits of growth more widely while imposing reasonable limits on economically useless (or even harmful) behavior.”

(there is also a summary at http://www.newyorker.com/online/blogs/johncassidy/2014/03/piketty-looks-at-inequality-in-six-charts.html)

Hasnain says:

This is a well-written piece.

"One night in March, 2013, Rami Ismail and his business partner Jan Willem released a game for mobile phones called Ridiculous Fishing. Ismail, who was twenty-four at the time and who lives in the Netherlands, woke the following morning to find that the game had made him tens of thousands of dollars overnight. His first reaction was not elation but guilt. His mother, who has a job in local government, had already left for work. “Ever since I was a kid I’ve watched my mom wake up at six in the morning, work all day, come home, make my brother and me dinner—maybe shout at me for too much ‘computering,’” he said. “My first thought that day was that while I was asleep I’d made more money than she had all year. And I’d done it with a mobile-phone game about shooting fish with a machine gun.”

Hasnain says:

I'm not sure how I feel about this. On one hand, pharma needs money to fund expensive R&D to develop drugs (one estimate says the acquisition cost $11B). On the other hand, paying $90k to get rid of hep-C is a bit crazy.

Hasnain says:

All spaces? Really, Microsoft?

(and yes this is genuine, he's acknowledged at http://technet.microsoft.com/en-us/security/cc308589.aspx)

Hasnain says:

A book on building your own lisp in C.

This is cool.

Hasnain says:

This is awesome and really useful. And it comes from the creators of Wireshark...

Hasnain says:

This is a great piece by Jeff Atwood.

"What’s the most consistent piece of advice you get as a startup?

Always hire the best people. Never compromise in your hiring standards, no matter how big your company gets.

And it’s true. A great team can take an okay idea and transform it into an incredible, world-beating product.

But something has always bugged me about this advice. There’s an elephant in the room in the form of an implied clause: Always hire the best people… who are willing to live in San Francisco."

Hasnain says:

All I can say is: "Ouch".