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London, UK
Joined November 2009
- Tweets30K
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Akash Mapara 🦕 retweeted
The thing to remember: don't look at Budgets in isolation.
Taxes have been rising since 2021. The extra tax we're paying this year is the *cumulative* result of five successive Budgets, under three Chancellors.
This chart shows who's responsible & for how much.
Akash Mapara 🦕 retweeted
When you say minimum wage should be frozen people make it out like you want people to be worse off. AI decimating British employment, people are being laid off in their thousands. The government needs to make it cheaper to employ people, not more expansive. This is lunacy.
Akash Mapara 🦕 retweeted
If you want to know why everything is costing more, it’s because minimum wage has increased by over 50% since 2020.
That increase then feeds through to prices, which feeds through into higher payments for benefits and pensions.
Akash Mapara 🦕 retweeted
Babe, wake up! The Chelsea highlights against Tottenham are out #CFCTOT #DownloadStadianityPal
Akash Mapara 🦕 retweeted
Norway’s equivalent NHS has mandatory charges for GP appointments, consultations and tests.
If any political party here advocated something similar, journalists like Faisal would hysterically report it as fascism.
If we did have a sovereign wealth fund, the BBC would be busily pumping out stories about how it invests in data centres while people are dying on waiting lists now look at this struggling food bank.
Political journalists need to stop advocating policies modelled on foreign fiscal prudence - as their screeching and hyperbole would make them impossible to apply here.
Our political journalists and their awful takes are one of the reasons the county’s in such a mess.
NEW
Britain’s missing sovereign wealth fund… Treasury officials have modelled that had the UK done what Norway did with North Sea revenues, there would be a £1 trillion fund…
As Chancellor sets up Energy Wealth Fund, a look at the long historical argument about where the oil windfall went, including from interviews with those who have run Norways $2.4 trillion fund, now the biggest in the world, filled from the proceeds of the same North Sea.
bbc.co.uk/news/articles/cm4g…
Akash Mapara 🦕 retweeted
Norway's fund works because Norwegians can look at $2.4trn of Nvidia and Palantir shares for twenty years and not touch it
the people most upset Britain never built one would have forced it to dump Palantir after the first demo and spent the rest on nurses in the first recession
Akash Mapara 🦕 retweeted
No, you cannot just "tax the rich". Good illustration by @_HannahRitchie hannahritchie.substack.com/p…
Akash Mapara 🦕 retweeted
Yet apparently the rich don’t pay their “fair share” of tax. How much more tax should they pay to meet the “fair share” threshold? What is a “fair amount” of the £300k they should be able to keep?
Akash Mapara 🦕 retweeted
The second staircase stuff is particularly galling. We/I said, very loudly, 'we are making mansion blocks and mid-height buildings impossible to build'. And low and effing behold...
Akash Mapara 🦕 retweeted
The UK’s public sector debt has officially surpassed £3 trillion, on a provisional basis. It is striking how rapidly £2 trillion pounds has been added to the national debt. ONS: “Public sector net debt first exceeded £2 trillion in June 2020, during the coronavirus (COVID-19) pandemic, having first exceeded £1 trillion in February 2010 following the global financial crisis.”
Akash Mapara 🦕 retweeted
Reading the FT and this is wild: ft.com/content/248b7408-b4cd…
The UK taxes labor at 28% below GBP50270 and that jumps to 47% at that threshold and then it goes higher to 62% at 100k and then an additional rate of 47% after 125140.
Incentive says to withhold labor up to a certain threshold because costs go up. Now, on a macro level, what does that add up to? A lot of underutilized labor.
Akash Mapara 🦕 retweeted
所谓优雅的数学结构，本质上是人类为了迁就自己那点可怜的脑容量，被迫发明出来的拐杖。
一个顶尖人类数学家的工作内存，撑死也就同时追踪五六个变量的交互。
当你在算一个偏微分方程或者组合不等式时，一旦展开到三阶以上，几十个交叉项涌出来，人脑就直接宕机了。
所以人类数学家极其厌恶展开高阶项，一旦看到高阶项发散，人类的本能反应是此路不通，赶紧退回来找对称性、找不变量、搞同调代数或者几何直观，试图不展开式子就把问题绕过去。
但 AI 没有这个生理缺陷。
对于上万个并发的 Agent 来说，同时追踪一万个五阶交叉项的系数变化，跟我们算 1+1 一样轻松。
在它的视野里，根本不需要什么几何直观，它直接站在高维的代数展开式里往下看，人类觉得像乱麻一样的百项高阶余项，在它眼里就是一张明明白白的线性方程组。
既然把式子硬展开到第七阶，再凑几个待定系数就能让所有讨厌的发散项精准归零，它为什么要费劲去帮你发明一个人类能看懂的新概念？
这 700 个结果背后最无奈的黑色幽默：我们终于拿到了上帝账本里的答案，却发现上帝算账根本不用微积分，他老人家是直接拿计算器硬按出来的。
Akash Mapara 🦕 retweeted
Reminder not having a long commute is one of the biggest life upgrades. You never normalize against this, like you would a very good or very bad event (the commuting paradox, described in the Scandinavian Journal of Economics). Moving closer to work or going remote is worth it
Akash Mapara 🦕 retweeted
Things England is world leading at but does not talk about :
1. 15 yo maths and reading
2. Intergenerational mobility of migrants
3. Super controversial marches with minimal violence
Things that are meh but people are proud of: the NHS, the Empire, the stolen artifacts
