Hm, does Moonlight (linux port of Microsoft's Silverlight - their "flash/javafx/..." answer) also count as a Microsoft product for Linux?
http://www.mono-project.com/Moonlight
It is probably not of the greatest interest to hn users, but banks, afaik , report - but not to the public, where I live (except for creditcard leaks).
Wouldn't a major leak potentially create a bank run?
You don't need to be uneducated, insane, or an idiot to withdraw all of your money when you suspect that your bank is going to fail. It can be an individually rational move even if you merely suspect that other customers suspect that your bank is going to fail.
As long as Denmark has a growing "Danish People's Party" (3rd largest at 13.8%) in a government supporting role, with the one-trick pony voter's appeal of immigration (thus they have to tighten and tighten it), I have 3 advices for anyone contemplating Denmark:
1) Do not move to Denmark or start a company in Denmark
2) Do not get an education in Denmark
3) Do not fall in love with a Dane (if you are a non-EU citizen)
Danish educational institutions and companies go to a great extent to convince their surroundings, that they are international & business oriented, but the matter of fact is that this is not supported by the parliament. It is as simple as that. So don't get lured by their marketing. Stay out.
Really, the highest earning "occupations" (or most prestigious) change as time goes:
- in the 1800s many smart people became authors or poets.
- in the 1950 many became physicists
- around 2000, many became entrepreneurs (or even venture capitalists)
Purely macro-economic reasons can dictate, that sometimes it is best to be an entrepreneur (say, in times of "under-investment"), sometimes a consultant and yet again, sometimes an employee (in times of "over-investment" in a sector)
Around 2000, highest earning occupations are by far in finance. Some entrepreneurs will make more, but when comparing 10 smart people in finance and 10 entrepreneurs, the average earnings aren't even close.
Prestigious depends very heavily on who you ask. I don't think you can come up with one answer even 50% of a population would agree on today.
Controlling for ability? Entrepreneurship has no barrier to entry the way finance does; there's no job application to say "You didn't go to an Ivy League college, so no job for you". So if you take ten random entrepreneurs and compare them to 10 smart people in finance, of course the average earnings won't be close.
I suspect that if you limited your applicant pool - say, "10 people who could get into YC" or "10 people who scored perfects on the SATs", the returns for entrepreneurship vs. finance would be much more even. I'm not sure entrepreneurs would come out ahead, but you're far more likely to catch the Herokus and Reddits and less likely to catch the folks who start a restaurant or a RoR CRUDscreen with no plan for monetization.
Sorry - that should have read "10 smart people in finance and 10 smart entrepreneurs". I was being careful to stay gender-impartial and left a crucial word out as a result...
I must admit being a bit out of my depth regarding U.S. finance hiring. In Canada, Ivy or equivalent is not required, though of course it's not going to hurt. As far as I can see, it's one of the better fields when it comes to recognizing and rewarding hard work and ability and motivation (provided a baseline social/IQ ability). The luck component is still pretty important, but nevertheless much less so than in entrepreneurship.
Unfortunately neither of us have data here. I can't go digging for mine right now, which is a bit of a shame as I would like to continue this discussion. Some other time?
>Really, the highest earning "occupations" (or most prestigious) change as time goes: - in the 1800s many smart people became authors or poets.- in the 1950 many became physicists - around 2000, many became entrepreneurs (or even venture capitalists)
"Many" smart people become just about everything in every time period. I doubt we have the data to justify the assertion the ratios have changed over the years.
I'm not certain that's an apples to apples comparison. Entrepreneurship is more about how you do something rather than what you do.
Your second paragraph makes more sense: to use one of your examples one can be a Physics consultant, employee, OR an entrepreneur (while still being a Physicist).
Here is another reason to write your passwords down:
At my workplace there was a programmer. One day he had a heart attack, and was put into a 3 week artifiscal coma.
When he woke again, he could not remember any passwords.
Everything was a pain. To this day, his website ends the day, he had the attack.
