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Continue reading Links for the week of September 11th, 2009
Tag: investing
On the Pareto frontier in salary-vacation space
Dear (Prospective Employer),
Thank you for your monetarily very generous offer of employment! Honestly, it’s not obvious to me how I could spend $X a year, as I am currently living quite comfortably on about one Nth of that amount. Actually, that’s not entirely true; I’m sure I could spend it all if I got a mortgage on a big house out in the suburbs, bought a fancy car with which to commute to work, ate out frequently, and had a few kids I planned to put through college. However, I prefer to live simply in a small home, cook my own meals, bus or bike to work, and I may very well choose not to reproduce. I also prefer, in my all too limited time on Earth, to experience the wilderness that still remains in the world, and the myriad human cultures, cuisines, and languages that have emerged in the last 50,000 years. Those experiences will not come easily sitting in front of a computer in an office park, and they often cannot be had on weekends or whirlwind tours. Thus, I am concerned about the following potential scenario with your offer of employment as it currently stands.
Continue reading On the Pareto frontier in salary-vacation space
Shared Links for Jun 26th – Jul 7th
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- Christian high school discussion of climate change – Kurt Klein's AP Environmental Science class is reading Richard B. Alley's Two Mile Time Machine, about paleoclimate, ice cores, and abrupt climate change events. (tagged: climate ice science greenland education religion )
- Prefabricated Passive Houses in the USA – Bau Technologies is attempting to bring pre-fabricated (or rather off-site constructed) passive houses to the US. Looks awesome. (tagged: architecture sustainability energy efficiency passivhaus design )
- Yogurt making tips – Detailed instructions on how to make yogurt, and also a source for equipment and cultures. (tagged: food yogurt homemade cooking recipe )
- Climate Wars – A Canadian radio show exploring some of the climate change scenarios which have been studied by the US Dept. of Defense in a personal, "War of the Worlds" kind of way. Be forewarned, this is apocalypse porn, and probably not productive unless you need to get yourself riled up. (tagged: politics climate sustainability future war )
- Our Passive House — the first passive house in Utah. – A Utah couple chronicles the design and construction of their passive house, with blog posts and photos. Great to see these things going up on this side of the Atlantic finally! (tagged: passivhaus sustainability design architecture buildings )
- Will Allen: Street Farmer – A long profile of Will Allen and his intensive urban farming project in Milwaukee: "Growing Power". Aquaponics and vermicomposting of donated food wastes. This is realistic urban farming at a moderate scale. (tagged: sustainability urban food agriculture compost )
- Gini coefficient | Wikipedia – A wonderfully simple and general mathematical measure of the non-uniformity of a distribution, mostly used in economics, but applicable elsewhere just as well. (tagged: economics math wikipedia research science finance )
- Here comes the data: OECD Factbook eXplorer – There are terabytes of interesting data out there that nobody can actually understand, because we don't have good interfaces for playing with it, and poking around. This is the OECD's attempt to offer a window into its own demographic treasure trove. Obviously inspired by the gapminder, from Google and Hans Rosling. (tagged: data maps statistics visualization demographics oecd economics )
- The Choice of Cities – I'm not convinced we really know why the humans are coming to the cities. Whether it's a pull, or a push. How the migrants feel about their lot. Is it, globally, the same as the push we had in this country a hundred years ago? Or was it a pull? What happened when the frontier closed, when all the land was spoken for, and the factories and mines and mills were opened for business.
And what will cities look like once everyone has arrived? If we actually reach that day, when the countryside is emptied, and the flow staunched, then how will cities develop going forward? What will their margins look like? Will the slums filled with newcomers vanish? What will they be replaced with? (tagged: technologie urban design economics history technology poverty )
- Bike Among the Ruins – Detroit is half abandoned. The houses are almost free. The streets are empty and the people are poor. It's also flat. Could a cyclone of bicycles wipe clean the slate, even within the sight of our beloved, bankrupted, and now employee owned husk of an industrial titan… GM? (tagged: bicycle transportation urban design economy )
- Behind the Veil by Eve Arnold – A series of photographs of women, from Afghanistan and the middle east from 1969. Very different from our "Summer of Love"… (tagged: photos islam afghanistan women )
- The Revolution Will Not Be Digitized – Iran is one of the first places we get to see old school blood in the streets mixed with the new age of instantaneous, ubiquitous communication. We've tended to focus on the positive aspects, while briefly forgetting the potential powers of an electronic police state, which is to some degree what Iran has built. No massive army of eavesdroppers and informants is needed in such a regime. A few deep packet inspection boxes from Siemens sitting on the fiber backbone, and a few on the microwave towers from Nokia. Technology is largely neutral. (tagged: technology politics internet privacy government twitter web2.0 iran )
- 55 km to Amsterdam – A day of inter-city transportation by bicycle in the Netherlands. Can it really be that idyllic? (tagged: bicycle transportation netherlands infrastructure )
- 1993 Y Hike Pictures – Wow, pictures of myself from 1993 on the Y Hike. I still remember just about everyone in that group. I look so… young! (tagged: caltech yhike backpacking wilderness sierras )
- Traitor Joe's | Greenpeace – Trader Joe's doesn't make any effort to source sustainably caught fish. Unfortunately, with 70-80% of global commercial fisheries in collapse, it's virtually impossible to sell (or buy) most tasty fish species ethically. (tagged: sustainability fish traderjoes ocean food )
- Organic Farms as Subdivision Amenities – Housing developments that incorporate small organic farms, CSAs even, instead of the usual golf-course crap. How would one adapt this for denser living I wonder? (tagged: design agriculture urban csa food architecture )
- Enphase Energy System Monitoring – Another real-time and historical solar power monitoring system. This one is installed on the roof of one of the Boulder Housing Coalition Co-ops in Boulder. Pretty awesome! Smart grid indeed. (tagged: solar energy technology transparency electricity )
- Caltech Building Dashboard – A near real time view of the power being generated by Caltech's 200 kW PV installation on the Holliston parking structure. Also shows historical data and weather information. Pretty cool. Would be great to just have the raw datastream available via an API too… and be able to see all the Caltech's per-building consumption too. (tagged: energy solar caltech pasadena technology transparency data internet )
- How To Destroy Half the Planet for the Low, Low Price of 5% of Global GDP – Never mind the possibility of unforseen climatic consequences. Even if the pessimistic IPCC scenarios are right, and even if they "only" reduce global GDP by 5% over the next 100 years, that purely economic metric is not sufficient, because it turns out you can wipe 2.5 billion people and their nations off the face of the Earth, mainly in the tropics, and only reduce global GDP by 5%. Cold comfort, that. (tagged: climate economics gdp )
- Walter Mebane's statistical analysis of Iran's election results – Walter Mebane at UW Madison has done several statistical analyses of the Iranian election results, and finds significant irregularities in the Ahmedinejad results. (tagged: election iran statistics democracy fraud system:filetype:pdf system:media:document )
- Carbon Cap and Trade Debate – Ralph Cavanagh (legislative council for NRDC) and Jim Lazar, an economist, debate the merits of Cap and Trade, for an hour and a half. Looks interesting, but don't have time to watch it at the moment (tagged: video towatch climate policy economics )
- Property Assessed Clean Energy Bonds – PACE bonds are a way of overcoming the capital intensivity of many energy efficiency retrofits which make sense in the mid to long-term, but not on the typical short term investors time horizon. They also allow homeowners who may move before their investment in efficiency has paid for itself to pass on the obligation to future owners, instead of losing the investment. They also shift the costs of doing energy efficiency from capital expenses to debt servicing, which is advantageous in many jurisdictions for tax purposes. Berkeley, CA and Boulder, CO pioneered them for municipalities, but they can also work in a commercial context. (tagged: energy efficiency sustainability finance green debt investing bonds )
- It’s Now Legal to Catch a Raindrop in Colorado – Colorado has taken its first tentative steps down the road to legalizing… rainwater harvesting. I hope they go all the way. I'd hate to have to end up breaking yet another immoral law. (tagged: environment colorado water law sustainability rain green architecture design )
- Welcome to Tällberg – A "conference" analogous to the WEF in Davos, but held in Sweden, in the woods, and with sustainability as the given goal, instead of economic growth. Would be an interesting stop on the Green Cities Bike Tour. (tagged: green economics technology politics policy design conference )
- Power Struggle – A commentary on Steven Chu's position that we need major basic scientific and technological breakthroughs to successfully tackle our energy problems in the context of global warming. The hope is that in the short term, the vast array of incremental changes we have available is enough to get us started, and that by mid-century, the major breakthroughs will have been forthcoming. Ah, non-linear dynamics. (tagged: technology science energy climate non-linear sustainability policy )
- The Great American Bubble Machine – An article from Rolling Stone, by Matt Taibbi, on the endless bubble building shenanigans that Goldman Sachs has engaged in over the years, and their supposed current machinations to engineer a bubble in the as-of-yet uncreated market for greenhouse gas emissions. Markets, I like. Markets run by some Great American Gangster Kingpin, not so much. Especially not this particular market. Remember: Nature doesn't do bailouts. (tagged: economics finance goldmansachs capitalism climate bailout )
- The Economics of Ideas – An article about Paul Romer by Kevin Kelly, musing on the problems and benefits of having an economy which is primarily driven by informational goods. (tagged: economics technology non-linear )
- Paul Romer: A Theory of History, with an Application – Paul Romer talks about two different kinds of informational goods: "technology" and "rules". The former being knowledge about how to re-arrange the material world to increase its value to humans, and the latter being constraints on the ways we interact with each other. His "new/endogenous growth" theory suggests that overwhelmingly, wealth creation throughout history has been due to these two kinds of goods, and that they are virtually infinite resources. What he does not explicitly admit in the talk though, is that much of our increased apparent wealth has come at the cost of virtual liquidation of material resources. Truly sustainable growth absolutely must close the materials loop somehow. Better sooner than later. The rest of his idea is wonderful: we need a system which enables rule set entrepreneurs, or we aren't going to get sufficient innovation in the field. He suggests myriad autonomous city states, and I agree emphatically. (tagged: economics urban society non-linear politics longnow )
- The Swimming Cities of Serenissima – Improvised and chaotic houseboats built from found bits, floating down the Mississippi (2006-2007), or the Hudson (2008), or sailing the Adriatic from Slovenia to Venice (2009). Like a tiny maritime Burning Man. Only a couple of boats today… What if it were an armada? (tagged: art boat performance sailing )
Shared Links for May 11th
- Where can you get Cheap Natural Fertilizers and Soil Amendments? – A nice concise list of natural sources for garden nutrients, when your compost pile just isn't quite enough. (tagged: gardening food organic fertlizer compost biology )
- Pinko bastion spawns capitalist solution to solar financing – Boulder city/county passed the same kind of property-tax based financing of energy efficiency (and solar) improvements on the Nov. ballot too – modeled on Berkeley, but with enabling legislation at the state level (to avoid the kind of lawsuit Berkeley had to fight over whether or not they had the power to issue such bonds). The biggest worry I had in reading the Boulder initiative though, was that they had not yet come up with a good mechanism for ensuring that the improvements which were being proposed (more insulation, solar hot water, whatever) would necessarily save enough energy in order to justify the value of the bond being created. Hopefully they’ve fleshed that metric of value out much better by now (in both Boulder and Berkeley) and it’s not possible to abuse it… otherwise I suspect you’ll get deployment of faddish fixes (e.g. sexy-sexy PV instead of solar hot water, or better insulation, or super-windows, etc) instead of the best energy improvement per dollar invested. (tagged: finance capitalism investing energy efficiency sustainability green solar berkeley boulder bonds )
- Campaign for a Car-Free Lincoln Park, Pt. 2 – A lack of car-free options for arriving at Lincoln Park, coupled with poorly lit, unsafe parking far away from the park's main attraction means everyone just drives their cars all over the park, on the grass. Across the street, the DMV has a huge parking lot which is totally unused after business hours, which is when the park gets the overwhelming majority of its use. Why not (gasp!) timeshare the DMV lot? Hopefully no small children have to get crushed by the marauding death machines for someone in the state and city government to take this idea seriously. (tagged: cars parking transportation urban planning design )
- FlyingConcrete – Beautiful biomimetic architecture. Curving vaulted ceilings and stairways. Rounded sleeping nooks and pillars like trees. Traditional rectilinear construction is so boring. This is lightweight concrete (cement with perlite, pumice, and other lightweight filler added instead of sand and gravel) laid up on a mesh that's been shaped such that when the cement hardens, it's a load bearing compressive structure. (tagged: architecture art concrete design construction buildings sculpture )
- Drew Endy and Jim Thomas Debate Synthetic Biology – An unusually good discussion about the future of biotechnology, and maybe the only time I've ever really seen the "debate" format work, and elicit relatively thoughtful interaction. I think they're both dancing around the fundamental question though, of to what extent (if any) society even *gets* to make a choice on this topic. (tagged: biology biotech genetics technology science future debate longnow engineering )
Shared Links for Apr 17th
- Health Reform Without a Public Plan – A short outline of how healthcare works in Germany: with pooled risks, and income-based premiums, but without a government administered healthcare system. There are more models for "socialized" healthcare out there than Americans realize, and they don't all involve a wasteful bureaucracy. (tagged: health medicne insurance policy politics socialism )
- How to Look Like a Grown-Up While Biking to Work – Can it really be true? Has New York become so bikeable that normal people riding simple, functional do-everything bikes are about to take over and make bicycle culture just plain old culture? I'd like to believe it. (tagged: bicycle transportation culture urban design cycling )
- Use of Linux constitutes probable cause? – Computer expertise and use of a command line now apparently warrant seizure and search of all your electronic devices, on the Boston College campus anyway. What a crock! (tagged: technology politics security linux police privacy law )
- Points on a sphere – There's no perfect way to specify N regularly spaced points on a sphere, but there are a few different ways to get close I'm going with the golden section spiral (tagged: python math programming science research sphere )
- He Doesn’t Let the Money Managers Off the Hook – Of all the myriad failures of our capitalism, the willful collusion of shareholder representatives in the mismanagement and looting of their own companies has not gotten much airtime. This is why I use Vanguard. (tagged: investing vanguard bogle finance capitalism )
Shared Links for Mar 14th
- Newspapers and Thinking the Unthinkable – A good epitaph for the newspaper, by Clay Shirky. Now if only Elsevier would go bankrupt too. (tagged: technology economy history internet copyright publishing newspapers )
- Will Banks Start to Walk Their Talk? Don't Hold Your Breath – I thought that whole spiel about how Citi and friends were suddenly going to be profitable sounded suspicious. All they had to do was redefine the word "profit" to mean whatever they wanted it to mean! Brilliant! The innovations that flow from our Commanding Heights never fail to amaze. (tagged: baiilout finance economics policy politics banks citi )
- Our Pigs, Our Food, Our Health – Massive overuse of antibiotics in livestock feed breeds bacteria resistant to antibiotics? Whodathunkit! WTF is this article doing on the Op-Ed page? Shouldn't someone be out there in Iowa winning a Pulitzer over this? Or is it too obvious to even warrant investigation. We're going to look back in 100, or 50, or 25 years and deeply regret squandering the limited miracle of antibiotics on cheap bacon. This is what we get for refusing to teach evolution. (tagged: health evolution antibiotics agriculture food mrsa livestock farms )
- Obama Tells Business Roundtable: “If You’re Giving Away Carbon Permits For Free … It Doesn’t Work” And “The Science Is Overwhelming” – Joe Romm usually bugs the crap out of me, but this is actually a decent piece, trying to get across the point that Obama really, actually appears to understand what would be required to get carbon pricing implemented and functional, both from a policy and a political point of view. The sooner industry starts planning around this, the better it'll be for everyone. (tagged: climate carbon economics auction policy obama energy )
- Hussman Funds – Weekly Market Comment: Buckle Up – I don't see any reason to trust Hussman more than the normal investing talking heads who do about as well as chance would predict, but he can do division:
The course of defending the bondholders of insolvent institutions is not sustainable. Do the math. The collateral behind private market debt is being marked down by easily 20-30%. That debt represents about 3.5 times GDP. That implies collateral losses on the order of 70-100% of GDP, which itself is $14 trillion. Unless Congress is actually willing to commit that amount of public funds to defend the bondholders of mismanaged financials so they can avoid any loss, this crisis simply cannot be addressed through bailouts. Bondholders have to take losses. Debt has to be restructured. There is no other option — but the markets are going to suffer interminably until our leaders figure that out. (tagged: finance crisis banks investing bailout )
Shared Links for Feb 28th
- Short Term Investing – A gleeful satire of what really, truly ails Wall Street, and capitalism in general: grotesquely short term thinking. (tagged: investing finance money bailout satire )
- MBARI finds fish with a transparent head – This thing is beyond weird. If we're still discovering things like this on Earth, how can we hope to even imagine what extraterrestrial organisms would be like? (tagged: fish biology science video weird alien ocean evolution )
- The Kessler Syndrome – Another example of unsustainable behavior, without forethought on our parts? The recent collision of two satellites is causing some to wonder if we might be getting close to the threshold at which the debris from such collisions begets more collisions, and more debris, in a runaway process rendering low earth orbit useless for satellites. (tagged: space sustainability non-linear kessler imapcts )
- Zeitgeist – The Movie – Have not seen these movies. Some of what the summaries say is interesting, but other parts sound utterly bogus. Curious from a memetic point of view if nothing else… (tagged: movie film zeitgeist economics religion politics money war )
- Boston Dynamics (DARPA) BIGDOG Robot – BigDog is a DARPA funded quadripedal robot capable of climbing over a pile of cinderblocks, walking on slippery ice, scaling dunes and snow covered hillsides, taking a big shove from the side, and jumping over a designated obstacle. When do we get to send one of these guys to Mars? (tagged: robot youtube darpa mars military video research technology )