Some of the negative nominal premium comes from the fact that you need these govt. securities for collateral, REPOs, clearinghouse margin, etc.
That doesn’t explain the change, but this point is often overlooked and it makes the puzzle somewhat less mysterious.Continue reading “An email I sent on negative nominal interest rates”
Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates than long-term Treasury note. An inverted yield curve is widely seen as a sign of an impending recession.
Some economic commentators reacted to the inverted yield curve by parroting the Keynesian propaganda that recessions are an inevitable feature of a free-market economy, whose negative effects can only be mitigated by the Federal Reserve. Like much of the conventional economic wisdom, the idea that recessions are caused by the free market and cured by the Federal Reserve is the exact opposite of the truth.Continue reading “Are Recessions Inevitable?”
Your genes, your germs, and your environment all may influence your tastes in food—as well as partners and politics.
There may be nothing more self-defining than our tastes. Whether in food, wine, romantic partners, or political candidates, our tastes represent our identity. So it made sense to me that my likes and dislikes were formed through careful deliberation and rational decision-making—that is, through choices where I wielded some control.Continue reading “Why we like what we like: A scientist’s surprising findings”
Some companies have a serious addiction to brainstorming. Whenever a problem arises, the team is called to gather and shout out possible solutions, with at least one notetaker scrambling to get everything down. It’s as if this were the only known way out of a pickle, or into a new project—and it can feel like a supreme waste of time, especially when the same few dominating personalities ruin the mood.
Yet the value of brainstorming is rarely questioned. (A notable exception is a 2012 New Yorker story arguing that research cannot scientifically validate the effectiveness of the process, but even that did little to get in the way of the ubiquity of brainstorming.) Perhaps that’s because the idea of brainstorming seemingly has always existed; it’s as much a part of workplace culture as pizza parties or sales reports.Continue reading “The man who gave us brainstorming meetings did his best thinking alone”
Here’s a list of the top 15 omega-3 foods (percentages based on 4,000 milligrams per day of total omega-3s):
- Mackerel: 6,982 milligrams in 1 cup cooked (174 precent DV)
- Salmon Fish Oil: 4,767 milligrams in 1 tablespoon (119 percent DV)
- Cod Liver Oil: 2.664 milligrams in 1 tablespoon (66 percent DV)
- Walnuts: 2,664 milligrams in 1/4 cup (66 percent DV)
- Chia Seeds: 2,457 milligrams in 1 tablespoon (61 percent DV)
- Herring: 1,885 milligrams in 3 ounces (47 percent DV)
- Salmon (wild-caught): 1,716 milligrams in 3 ounces (42 percent DV)
- Flaxseeds (ground): 1,597 milligrams in 1 tablespoon (39 percent DV)
- Tuna: 1,414 milligrams in 3 ounces (35 percent DV)
- White Fish: 1,363 milligrams in 3 ounces (34 percent DV)
- Sardines: 1,363 milligrams in 1 can/3.75 ounces (34 percent DV)
- Hemp Seeds: 1,000 milligrams in 1 tablespoon (25 percent DV)
- Anchovies: 951 milligrams in 1 can/2 ounces (23 percent DV)
- Natto: 428 milligrams in 1/4 cup (10 percent DV)
- Egg Yolks: 240 milligrams in 1/2 cup (6 percent DV)
In my previous post I talked about why consent matters when it comes to privacy; and yet, privacy is only one of the areas where tech companies take advantage of users without their consent. Recently, tech companies have come to a troubling consensus: that they can change your computer, remotely (and often silently) without your knowledge or permission.
Some examples of this include:
- Apple silently disabling a 3rd-party service on Macs because of a security vulnerability even though a patch was already available
- Apple blocking Facebook and Google from running their internal iOS apps even on their internal company iPhones
- Microsoft (up until this past May) forcing feature updates to Windows 10 (and often breaking consumer desktops)
- Dropbox silently updating their software to install a new file manager
- The classic, irony-filled example of Amazon removing 1984 from Kindle e-book readers
Below you will find the origins of this mentality, the risks and harm that arise from it, and what it says about who really owns a computer.Continue reading “Consent Matters: When Tech Takes Remote Control Without Your Permission”
New Delhi, 1990. I am 16, seated in the living room of my paternal grandfather’s home, reading a newspaper. My grandfather pushes open the mesh door and walks in with a package in hand.
“You have got a parcel from your mother,” he said, in an oddly accusatory tone. “Yes, it’s a book of recipes,” I replied. “I’m trying to learn how to cook.”
“You should focus on your studies. Leave the cooking to women. I am sending it to Kuku,” he said, referring to my father’s sister by her nickname.Continue reading “Why do abusive men (and the women who support them) behave the way they do?”