a server controlled by/for an individual (more)

getting "above the bar" of good enough "quality" of web design by leaning on Bootstrap. (Designers call me "Bootstrap Bill"... then spit.) (Alas, 80% of design/er/s don't reach the BootstrapBar.)

site for Book Review, Book Club (more)

Ray Dalio describes Credit Crisis 2008 as a "D-Process". But now you can ask yourself, OK, when was the last time bank stocks went down so much? When was the last time the balance sheet of the Federal Reserve, or any central bank, exploded like it has? When was the last time interest rates went to zero, essentially, making monetary policy as we know it ineffective? When was the last time we had Deflation? The answers to those questions all point to times other than the U.S. post-WorldWarII experience. This was the dynamic that occurred in Japan in the '90s, that occurred in Latin America in the '80s, and that occurred in the Great Depression in the '30s... Then begins the reversal process, and that becomes self-reinforcing, too. In the simplest sense, the country reaches the point when it needs a Debt Restructuring... This has happened in Latin America regularly. Emerging countries default, and then restructure. It is an essential process to get them economically healthy. We will go through a giant debt-restructuring, because we either have to bring debt-service payments down so they are low relative to incomes - the cash flows that are being produced to service them - or we are going to have to raise incomes by printing a lot of money. It isn't complicated. It is the same as all bankruptcies, but when it happens pervasively to a country, and the country has a lot of Foreign Debt denominated in its own currency, it is preferable to print money and devalue... What the Federal Reserve has done and what the Treasury has done, by and large, is to take an existing debt and say they will own it or lend against it. But they haven't said they are going to write down the debt and cut debt payments each month. There has been little in the way of debt relief yet. Very, very few actual mortgages have been restructured. Very little corporate debt has been restructured... Only when those debts are actually written down will we get to the point where we will have credit growth. There is a Mortgage Debt piece that will need to be restructured. There is a giant financial-sector piece - banks and Investment Bank-s and whatever is left of the financial sector - that will need to be restructured. There is a Corporate Debt piece that will need to be restructured, and then there is a commercial-RealEstate piece that will need to be restructured. (more)

want to build Random antilibrary/ToRead-Paragraph app (more)

I'm pondering some thoughts around gardening an Agile Product Development process, inspired by (more)

a Pattern with negative consequences (more)

Tools for Thought dev https://alexanderobenauer.com/ (more)

Ben Hunt: Why Am I Reading This Now? Game of Thrones’ creators David Benioff and D.B. Weiss are set to adapt the hit book Three Body Problem trilogy for Netflix. The Senators’ accuse the streamer of “normalizing” China’s extra-judicial detention of over one million Muslims in Xinjiang, referencing past comments from the books’ author Liu Cixin supporting the program. (more)

Ben Hunt: Why Am I Reading This NOW? Do I think that both China and Russia are bad actors through and through? Do I think their cadres and apparatchiks will stop at nothing to promote their state interests and undermine the state interests of the United States? YES. Do I ALSO think that Western governments and their cadres and apparatchiks – including their useful idiots in the media – will stop at nothing to promote their state interests? Yes. Yes, I do. (more)

reminder from Epsilon Theory that nothing in media is organic. See Semantic Signature.

I just discovered Tim Carmody's New Liberal Arts (free) EBook which he put out a couple years ago. (Written with lots of other people.) (more)

Robert Heinlein: A human being should be able to: change a diaper, plan an (more)

Josh Kaufman re-frames the "TenKHours of Deliberate Practice to Mastery" rule and claims you can learn any skill pretty well (Good Enough?) with 20 hours of practice. (more)

team sports for kids (fyi a big business with a growing private equity involvement) (more)

Jacob Falkovich: Winning is For Losers. Imagine if we were trying to design a Community of people devoted to cooperation, based on everything we learned about competitive and cooperative games. How should we approach this? We would build a community dedicated to creating something new, a freshly baked pie. It would have to be a long-term project. It would have an important and purely collective reward at stake, like protecting against a common tragedy (Grand Challenge, Plausible Promise). It would involve a bunch of weirdos. It would be something like transhumanism. (more)

Retroactive Public Goods Funding. Note: The Optimism team has long been in search of a solution on how to sustainably fund public goods, and we now have the structure of our first experiment thanks to a brilliant design by Vitalik Buterin. This post is a collaboration with Vitalik as a guest author in section 2. (more)

EpsilonTheory model of a narrative - cf embedding?

We believe people understand the world through stories. Here at Panoptica, we aim to help you see through those stories. Panoptica is a new media site from Perscient, the longtime publisher of Epsilon Theory and the company that pioneered the field of narrative analytics. Our ambition is simple: to be the world’s central clearinghouse for the stories and narratives used to frame how the world is presented to you. Panoptica sees through stories not only within financial markets but across media, politics, sports, technology, and culture. https://www.panoptica.ai/ (more)

Saw this toot where someone has a GoogleDoc as a "Career Search Brief" (job market) (more)