Re: OT: America could go bankrupt : Musk

Milton Keynes wrote: "Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, distill their frenzy from some academic scribbler of a few years back."

Almost like he had Musk in mind. He seems to lift his ideas on debt from dead neo-Austrians and his ideas on money as a "database for resource allocation"/information theory from dead Marxists.

The US can't go bankrupt; it can print all the money it needs.

Not what I meant to write, but not a bad summary of how Musk et al operate! Milton in the good times, Keynes in the bad times.

Not what I meant to write, but not a bad summary of how Musk et al operate! Milton in the good times, Keynes in the bad times.

I've been scooped by AEI anyway:

Not many individuals can start successful car companies. Or reuse giant rockets. Or become the richest person on Earth.

He embodies the silicon valley philosophy "fail fast, fail often". History is littered with now-gone companies that had no new ideas and failed slowly, once.

That's the way an ignoramus like John Larkin chooses to see it. He doesn't want to do the work required to let him get some idea of what is being said. Despising it is a much cheaper option.

They were scooped long ago...

Remember when people were worried about the government/industry spying on them?

Now people give it away for free! Really the most helpful fashion of citizen

Been there. Had a meeting about building a tomographic atom probe, in a former cow barn. Sort of cool, actually.

Some of her notes were perfect sine waves on an oscilloscope, the only ones I've seen.

"Twitter/X is also setting up protections to protect against data scrapers. Any user caught viewing or accessing over 1 million posts per day will be fined $15,000 per million, the company said."

I'll be okay, then. I never read more than half that much.

You're quite safe, Jan. Everyone on this board is 100% trustworthy. :)

A most awful, depressing place. How long ago were you there?

Patsy was way better.

I think the last time I visited it was in 1975 when an Australian architect/town planner friend and his family were living there. The architect was working for the Milton Keynes Council. He didn't find it awful or depressing - it was tolerably well planned.

He was a bit rude about the "set-square architecture". Apparently there was a strip of three and four storey terrace houses that had flat roof line while the ground on which they were built went up and down, and the building went from three to four storeys to absorb the variation.

The Open University is based there - not the sort of thing you would approved of.

A few hours. We were staying in Oxford, which is a magical place.

One of the dons was a pioneer in atom probing, so we did most of our meetings there. I have no idea why we met in a cowshed in MK.

An old building here is 100 years old. Over there, it's 1500. Good thing that earthquakes are rare, or most of England would be a pile of rubble.

There are a few measures. There are 800 military bases around the globe. Certainly some hundred around China make no sense, these could be closed. Install a Reagan era tax for companies, unless you think Reagan is a communist.

Groetjes Albert

Elon Musk doesn't fall in this category. He bought Tesla with inherited money from the successful founders, then he got rid of them. Knowledgeable people predict the bankruptcy of Tesla with 5 years, because there are no new cars developed, and an affordable hybrid is long overdue. Chinese manufacturers don't gamble their future with alone pure EV's. Cars are a mass market, and most people cannot buy the cheapest Tesla.

Also he manages to run Twitter into the ground for as far a positive force.

Groetjes Albert