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Joined 3 years ago
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Cake day: July 14th, 2023

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  • Predictably, MMT catches immediate heat in the top comment, but two good replies stepped up:

    The MMT folks think this is business as usual

    MMT folks generally advocate that inflation is the way to measure if the spending is “too much” and argue that spending should generally aim to improve productivity (i.e. increase gdp) to minimize this issue (e.g. spending to build infrastructure so people can get to work is productive vs spending so people stay home is inflationary).

    There is this pervasive idea that MMT promotes limitless spending and I’m not sure where it comes from, what they actually preach feels like a reasonable way to evaluate government spending to me.

    and

    MMT is descriptive, not prescriptive - the economy follows MMT whether you agree it does or not. Separate from MMT, are the ways you would expect would be good ways to run an economy if you believe the economy follows MMT (which it does).

    IMO, we’re basically screwed either way but austerity is the worse option. We should burn hot on green infrastructure, and offset with wealth tax.

    We have no actual productivity gains at the moment, just financial speculation that’s likely to collapse. Inequality is making inflation and living standards worse, and slowing down the gains we could have.

    Green infra is basically the golden ticket. If we didn’t have a massive fossil fuel sized hole in the economy, with a cheap and easy solution available, we’d have no chance in hell of getting out of this death spiral.


  • The author addresses that claim.

    We document everything. Site Books, SDDs, RVS reports, boilerplate modules with full coverage. It works today, because the people reading those docs have the engineering expertise to act on them. What happens when they don’t? Honestly, I don’t know. Maybe AI in five years is good enough that it won’t matter. Maybe the problem stays manageable. I can’t predict the capabilities of models in 2031.

    But crises don’t send calendar invites. Nobody expected a full-scale land war in Europe in 2022. The defense industry had thirty years to prepare and didn’t. Even Fogbank had records. They weren’t enough without the people who understood what they meant.


















  • I agree with Prime on most things, but I think he’s getting this one wrong.

    There are more options than just “light-hearted satire” and “earnest business idea”.

    The FOSDEM talk is silly, and reads like a skit, but it has a gravely serious undertone.

    The security guy has posted on Twitter “I still can’t believe he hooked it up to Stripe lol”.

    Meanwhile the LinkedIn of the other guy describes him as a “researcher of political economy of FOSS” at Rochester Institute of Technology, and he runs a non-profit about FOSS for humanitarian aid.

    He’s also been very active replying to people talking about the conference talk or the Malus site, asking whether they think this should be legal and what we can do to protect the future of open source.

    I think these are people who take this threat very seriously, and are willing to expose themselves to litigation in order to force the issue into courts.