Sean Mead
271 posts

Sabitlenmiş Tweet

@LoganDobson That's not how electricity prices work in most of the country. They tend to be regulated to be based on a cost plus basis; data centers drive up the costs for both production and distribution, which causes rates to rise.
English

Imagine you run a 24 hour hamburger joint. You do pretty well. You sell 1000 burgers a week for $10 each, netting $5 on each. But almost all your money is made during “peak” hours when demand is highest — lunch, dinner. You net $5000 a week.
Then a big change. A 24 hour factory opens across the street. The workers at the factory don’t have a set lunch hour, so they just run out for burgers whenever they feel hungry, roughly evenly distributed throughout the day and night.
Burger demand surges — a little bit during those peak hours, but also at all hours of the night, mid-afternoon, early morning, all times you previously weren’t selling many burgers and your staff was mostly sitting around.
With the surge in demand, you’re now selling 2000 burgers a week. You cut the price to $8 per burger (to encourage more factory customers), so you now net $6000 per week. Demand went way up, but you cut prices and are making more revenue and profit.
At this point you might think I’ve told you a story about hamburgers. I’ve actually told you a story about data centers and electricity prices.
English

@BeSarahConnor @shipwreckedcrew @TheJohnNantz And those were weasel words designed to mislead. In the minutes before them he'd laid out a damning case. He then didn't deny it was clear she'd broken the law. He said the politics are a problem in such a distorted way that people could misread "reasonable prosecutor".
English

@shipwreckedcrew @TheJohnNantz I was one of those agents. I saw through him from Day 1. He was smug, arrogant and an empty suit. I’ll never forget the day he stood in front of the camera and said, “No reasonable prosecutor would bring such as case…” (Clinton investigation). That was the beginning of the end.
English

@SeanMMead @Rank1Apples Are you talking about dark white, or light black?
English

@Rank1Apples Those are a lot of colors. Its a woman thing. Men acknowledge blue, black, green, yellow & white. There are no other colors
English

@Abnjm This has to be the answer for like 90% of C-130 passengers.
English

@JonathanTurley We need a federal law now that prohibits bailing out irresponsible states in the future.
English

California is witnessing a form of economic Darwinism where the slowest billionaires are about to be culled from the herd. The Service Employees International Union just announced that it has enough signatures to put the billionaire tax on the ballot... foxbusiness.com/politics/calif…
English

@RealJamesWoods Their spectrum licenses need to be revoked and the spectrum put up for auction.
English
Sean Mead retweetledi

Hello Julia, sans aucune ironie, c'est top que tu prennes le temps de te renseigner. Mais le problème quand on lit Marx aujourd'hui, c'est qu'on prend pour acquis sa prémisse de départ, alors qu'elle a été démontée scientifiquement il y a plus de 150 ans.
Toute la pensée de Marx repose sur la théorie de la valeur-travail. L'idée que la valeur d'un bien vient de la quantité de travail nécessaire pour le produire. Si tu acceptes cette prémisse, alors oui, tout son raisonnement tient. Le capitaliste "vole" la plus-value du travailleur, l'exploitation est mathématique, la révolution est inévitable.
Sauf qu'en 1871, trois économistes (Menger en Autriche, Jevons en Angleterre, Walras en Suisse) découvrent indépendamment la même chose : la valeur n'est pas objective, elle est subjective et marginale.
Un verre d'eau dans le désert vaut une fortune. Le même verre à côté d'une rivière ne vaut rien. Le travail incorporé est identique. Donc le travail ne détermine pas la valeur. C'est le consommateur qui valorise un bien selon son utilité marginale dans un contexte donné.
Exemple concret : tu peux passer 1000 heures à tricoter un pull moche que personne ne veut. Selon Marx, ce pull a énormément de valeur (beaucoup de travail incorporé). Selon la réalité, il ne vaut rien. Parce que personne n'en veut.
À l'inverse, Bernard Arnault crée des milliards de valeur non pas parce qu'il "exploite" mais parce qu'il a su anticiper et organiser des désirs humains à grande échelle. La valeur est créée par la coordination, pas extraite par le vol.
Cette découverte (la révolution marginaliste) a invalidé tout l'édifice marxiste. Pas pour des raisons idéologiques, pour des raisons scientifiques. C'est pour ça que plus aucun département d'économie sérieux au monde n'enseigne Marx comme un cadre d'analyse valide. On l'enseigne en histoire de la pensée.
Maintenant, le truc important. Si ton intention en lisant Marx c'est d'aider les pauvres (c'est une intention noble), alors tu vas être surprise par ce qui suit.
Regarde les chiffres de la Banque mondiale. En 1820, 90% de l'humanité vivait dans l'extrême pauvreté. Aujourd'hui, moins de 9%. Cette chute historique ne s'est PAS produite dans les pays qui ont appliqué Marx. Elle s'est produite dans les pays qui ont libéralisé leur économie.
Chine post-1978, Vietnam post-1986, Inde post-1991, Pologne post-1989. À chaque fois qu'un pays libéralise, des centaines de millions de gens sortent de la pauvreté en une génération. À chaque fois qu'un pays applique Marx (URSS, Cambodge, Corée du Nord, Venezuela), c'est la famine et les goulags.
Ce n'est pas une opinion, c'est l'expérience la plus massive jamais menée en sciences sociales. Plusieurs milliards de cobayes humains, sur un siècle.
Donc paradoxalement, si tu aimes vraiment les pauvres, la position la plus cohérente n'est pas d'être marxiste. C'est d'être pour la liberté économique. Parce que c'est empiriquement la seule chose qui a jamais sorti massivement les gens de la misère.
Pour creuser, je te recommande trois lectures qui vont changer ta vision :
"La Loi" de Frédéric Bastiat (court, lumineux, gratuit en ligne)
"La Route de la Servitude" de Hayek
"Économie en une leçon" de Henry Hazlitt
Bonne lecture, et vraiment chapeau de chercher à comprendre plutôt que de rester dans tes certitudes. C'est rare.
Julia ひ@lifeimitatlife
Depuis tout à l'heure je me renseigne sur les idées de Karl Marx sincèrement je n'arrive pas à comprendre comment on peut être pour le capitalisme et même plus généralement être de droite
Français

@GodPlaysCards Lieutenant Colonel John Malcolm Thorpe Fleming "Mad Jack" Churchill had some adventures in WWII
English

Folks, I've got a favor to ask.
I want to release a new deck in 2027 on British History.
This is my current list of 36. I'd love your feedback and suggestions.
Any card you are missing or desperately want to see?
1) William the Conqueror
2) The Black Prince
3) English Longbowmen
4) Guy Fawkes (The Gunpowder Plot)
5) Crystal Palace
6) Excalibur or King Arthur (in the category Myths & Legends)
7) War of the Roses
8) Alfred the Great
9) Saint George
10) Oxford University
11) Cambridge University
12) Charles Darwin
13) Lord Horatio Nelson
14) Sir Isaac Newton
15) William Marshal
16) The Magna Carta
17) James Watt
18) Francis Bacon
19) Henry VIII
20) William Shakespeare
21) Queen Elisabeth
22) Battle of Hastings
23) Richard the Lionheart
24) Sir Francis Drake
25) David Livingstone
26) East India Company
27) Red-Coats
28) Winston Churchill
29) The Duke of Wellington
30) The British Museum
31) Jack the Ripper
32) William Wallace ( not "British", so not sure if I want to include him here)
33) Queen Victoria
34) Robin Hood (in the category Myths & Legends)
35) Saint Patrick
36) Henry V
I'm in a full draft stage so any feedback is welcome and much appreciated.
English

@Brand_Polymath And Best Buy was nearly always overpriced. People eventually realized that. A clear failure to align business with the brand promise.
English

Go walk a Best Buy. Right now. I’ll wait.
You know what you’ll find? The same stuff from 2012 with a chip bolted on and an app you’ll delete in a week.
That’s it. That’s the whole consumer economy now.
No new categories. No objects worth wanting. Just the same toaster, same TV, same vacuum, all of them now “smart,” none of them actually smarter, and every single one phoning home to a server farm in Virginia so someone can sell you a subscription to your own appliance.
We used to buy things because we wanted them. The object carried meaning. A turntable wasn’t a music delivery device, it was a statement about who you were. A camera wasn’t a camera, it was a commitment to seeing the world a certain way. People saved up. They anticipated. They cared.
Now the product is just a warm rectangle that generates the next dopamine hit. The thing doesn’t matter. The feed matters. The scroll matters. The notification matters.
Hardware became a drug delivery system and nobody even blinked.
Best Buy is a museum at this point. A mausoleum, actually, for the era when people desired objects. Walk those aisles and you’re not shopping, you’re doing archaeology.
AI didn’t save the category. It taxidermied it.
We didn’t run out of ideas for new products. We ran out of people who want things.
English

@Brand_Polymath Best Buy used to make a lot of money off of three areas besides warranties: computer parts and services, entertainment content (games, DVDs, CDs), and shops for phone companies. Each of those had drastic changes in their industries that drove the traffic away from Best Buy.
English


A-10s survive!
Office of the Secretary of the Air Force@SecAFOfficial
In consultation with @SecWar, we will EXTEND the A-10 “Warthog” platform to 2030. This preserves combat power as the Defense Industrial Base works to increase combat aircraft production. Thank you to @POTUS for your unwavering support of our warfighters and quick, decisive leadership as we equip our force. More to come.
English

@tommylotto66 @shipwreckedcrew The trouble is the clerks will just be injecting their law profs' biases. These clerks aren't generally humble and even handed.
English

Something reflected in the NYT story about the leaked memos that does not make sense in the modern era is the continued practice of Justices employing "Law Clerks" 2-3 years out of law school with no actual experience practicing law as their main source of staff help.
In a bygone era that might have been an appropriate method of operation.
In the modern era, with tens of thousands of highly intelligent and talented practicing attorneys with a decade or more of experience, who would sacrifice a year of their practice to spend that year working on the staff of a Supreme Court Justice, continuing to use 20-something quasi-students in that role makes no sense.
There is no functional difference between that law clerk and a first year associate from an Ivy League law school at a big law firm that gets nothing of importance to handle without massive supervision.
Kicking those kids around courtrooms is quite entertaining.
This SCOTUS practice should end.
English

@shipwreckedcrew This practice hasn't made sense for a long time. It is a poor allocation of talents and has to be delivering suboptimal results compared to what could be done with experienced attorneys.
English

@esq_glen66 @iealondon That was about a one month Liz Truss-sponsored aberration. It is still vastly declined against the dollar over the last ten years.
English

@SeanMMead @iealondon In light of your response, I pulled a chart from Morningstar that shows a low of $108.00 in September 2022 and a steady increase to today's $135.00, about a 6% increase per year. That's reasonably strong. Would you rather be the Yen?
English

@esq_glen66 @iealondon The pound continues to weaken. In 2007, 1 GBP bought 2.11 USD. When I last worked there, 1 GBP bought 1.54 USD. Today, 1 GBP only buys 1.35 USD as it continues to move towards parity. When it keeps dropping like that, it is not "very strong" compared to the USD.
English

@iealondon That's nuts! Especially when the pound is very strong against the dollar.
English








