Hacker News new | ask | show | jobs
by joeyrideout 2327 days ago
This article left the same exact taste in my mouth (eyes?)

The author has roughly described the concepts of wage inflation and supply-and-demand (for workers, in one industry, and for consumer goods), and reduced almost everything to "risk premium". Risk is everywhere in the economy, yes. The word "premium" implies additional cost over and above a base cost, which encompasses many more factors.

Edit: To be fair, I'm glad that the author and some readers are excited about learning new concepts. I have many similar blog posts written, though admittedly they stay in my drafts folder if I feel they aren't contributing significant insight :)

2 comments

This happens to me too. I read a new concept or a book apply it to some real world problem and I am almost certain that my new hypothesis is the new Nash theory. Only to re-read it the next day to realize how I overcomplicated my hypothesis just to fit the case.
> they stay in my drafts folder if I feel they aren't contributing significant insight

You should publish them! A blog post doesn't have to be wholly or even slightly novel to be immensely useful for someone.

Right delivery, right place, right time. Others will almost certainly have thought, discussed, written about the same ideas before you but the reader might not land on their blogs or equivalent, and even if they do, the delivery might not speak to them.

They might however land on yours and your delivery may be just right for them.

Anyway, nobody owns ideas - to the reader, whether it's you or someone who thought of it before you delivering the idea doesn't matter - all that matters is the delivery of the idea itself.