Not directly related to the piece (from 2010, although still interesting), but the first comment has a link to Brad Templeton's website, which was nice to discover!
I've liked other stuff by William Bernstein. His book "The Birth of Plenty" is excellent. I haven't read the pamphlet mentioned in the article, but I just downloaded it.
I'll be interested to see what his advice is to younger people now. At least in the past, he was not quite the typical scold. I always liked this quote:
'An optimist might cite this as an example of the "magic of compound interest." Too much is made of this phenomenon. A pessimist would note that our industrious saver died an old man without enjoying his fortune; had he consumed even a few percent of it each year his estate would have been vastly smaller. Personally, I’d rather be a 26 year old roaming the boulevards of Paris with a few francs in my pocket than a rich old man. Everyone cannot be rich, but perhaps their grandchildren can.' (from: http://www.efficientfrontier.com/BOOK/chapter2.htm)
Isn't there an old saw about every big "Web 2.0" business being something that took what people were already doing but made it "social"? So Facebook made blogging social, Twitter made texting social, etc.
10+ years ago I knew a bunch of people who had personal blogs, but of course most of them were filled with "sorry for the lack of posts recently" type posts.
I'm not on Facebook, but I understand why it's popular. The more people who might be reading, the more reason there is to post stuff. So it makes sense that everyone winds up in the same network.
I remember being so excited that my brother and I skipped school and "snuck in" to the ACS meeting in Dallas. This was after their first announcement, but they came and gave a big talk to a packed hall. I seem to recall it was hurriedly put together because of all the interest. At the time I thought I was witnessing a huge historical event. I guess I was in the history-of-science sense at least.
But Spain and Italy are in a much different situation than Greece or the other smaller "peripheral" Euro economies. Basically, Greece needs a bailout or must leave the Euro. Italy needs non-insane monetary policy:
You need to go get yourself a recording of Rubinstein playing Chopin's Nocturnes. Hurry!
EDIT: I seek no arguments. Wikipedia says nocturnes are generally thought of as "expressive and lyrical". Surely that should be of interest to hackers...
Your point about language mattering is spot on. If your language has the right features (even just `typedef`), I don't think you need any flavor of Hungarian. In the right context, though, it can be useful.
For example, I do a lot of Excel+VBA programming. In VBA, the native data type is `Variant`. And if you pass something from Excel to a VBA function, that's what you get. But you also know that legal Excel values are just a subset of what VBA allows in a `Variant`. So I find it very useful to stick a clue to myself in the variable name, so say, `f(parm)` becomes `f(xParm)`.
I have libraries that work with the `x` subset of `Variant` (and subsets of that - i.e. `xs` denotes a simple value that can go in a single Excel cell). The prefixes provide useful clues that the language can't reasonably help me with.
I don't have any particular profound comments myself, but this is a constant tension in my own work, and I'd like to see what others have to say.
I build a lot of one-off models in conjunction with end users. There is often managerial confusion between the models, the libraries I've used to help build them, and "applications".
Actually the article is talking about income. The current HN title is wrong. According to the linked article:
"Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody’s Analytics."
I do wonder what the figure would be for actual assets. Surely much lower than 20%, but I guess that would be hard to even calculate.
This of course exemplifies why it's impossible to declare almost any technique categorically "good" or "bad". Sometimes early returns make code shorter and more clear. Sometimes the opposite. To borrow from Stroustrup, experience and taste matter a lot.
But surely the condition that it's hard to make more of something is necessary but not sufficient to make that something a good "money" candidate. People expect e.g. gold to continue to be money-like mostly because of its multi-thousand year history as money. So in that very large respect, gold is quite different from bitcoin.
I am interested in bitcoin, though, because of the obvious fact that it has something that neither gold nor dollars, euros, etc. have - it can be used anonymously over the internet. So it's possible to see it becoming popular enough to be "money", which is something important you can't say about something that is merely scarce. (I have to admit that I don't think it's likely, though, and I think investing all of your savings in it is a terrible idea.)
Wait a second. Maybe I need some reeducation myself here, but you're pinning the mass-murders of the 20th century on "intellectuals"? And then saying that's the explanation for the present day trend of distrust in science? (Well, that plus the egg flip-flop.) I'm not granting the premise, but even if I did, it's quite a non-sequitur.
You blame scientists for "fail[ing] to resist politicization" without mentioning that one of our major political parties and it's major financial backers hate the policy implications of some important scientific conclusions. The coal lobby, etc. have to attack science as a discipline precisely because the science is so clear. (Part of that is of course claiming that those nasty scientists are raking in the big grant $$$ as a reward for their dishonesty.)
(Re: the murdering, I think it's giving the murderers way too much credit to take whatever intellectual justifications they offer at face value. Sure Stalin claimed to be furthering the revolution or whatever, but he exterminated an awful lot of non-Russians who had traditionally resisted the central Russian state. The rise of the modern state enabled ideological mass-killing, but that just added another reason to all the other ones - ethnic, religious, colonial conquest, etc. - that predate a literate class, let alone an "intellectual" one.)
That's funny, because I look at that and think it's too bad I don't know anything about COBOL. It's not like I'm planning to learn it or anything, but it's quite different from anything I've ever worked with.
So, questions: I know I'll never program in COBOL. But I'm interested in programming languages in general. How much of a "quick intro" would be worth digesting just for the purpose of contrasting to C, VBA, Lisp, etc.? Is there a good one to look at?