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@denlillaapan
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@remindme in 73 days
nobody does "the" original yoga.
Its history is long, confusing, arduous and full of in-fighting. (I don't have much of a dog in those fights). If you're interesting, I found a lot of value of Mark Singleton's Yoga Body.
Just like Englishmen of a couple of hundred years ago, while nominally speaking "English", wouldn't understand us conversing today, yogis of hundreds or thousands of years ago would look at our practice and their practice as entirely distinct things.
so yeah, vinyasa (or hatha or ashtanga or whatever version we have done in the west in the last 150 years) has almost nothing to do with the yoga practice of ancient India (apart from emphasis on breath, body/soul, some postures, and spiritual aim).
that's very close to the Black/Fama-type idea in new monetary econ, I believe.
(though from very different theoretical approaches)
Yeye, but that stable equilibrium, Mises teaches us, isn't a paradox or resting on nothing but air.
Regression theorem idea is tha we can regress it back in time to when/where there was no monetary premium and just utility value.
(You know this, of course, just spelling it out for others+clarifying that this is what you meant)
Good podcast here from Mercatus that I hadn't seen yet:
https://www.mercatus.org/marginal-revolution-podcast/new-monetary-economics
Relevant extract:
There’s the wealth and the liquid wealth you have that you can borrow against. Now my view isn’t the Fed doesn’t matter at all. In my view, liquidity is jointly produced by the private sector and by the Fed, but the Fed matters much less over time
The new monetary economics also suggested the marketability of money is not a single thing. There are different kinds of marketability. The notion that Bitcoin might be more marketable for getting your funds out of China, or escaping from Russia, that just seems obviously true. Or the notion that a programmable stablecoin might for some, but not all purposes, be more useful or more liquid than traditional dollars, again, that clearly seems to be true.
I can go dig up my notes on Fama's old banking/money papers but iirc it's to do with last-period effects and intrinsic value
(New monetary economics, etc)
Samesies.
Fries, for sure, get me. Or certain sweet pastries (like Swedish cinnamon buns, oh man!!).
Also, whisky and rum. Dope—and def worth it
Pink elephants too. They eat all the fucking crop! So even if we have more crop yields than ever and the world has never produced as much grain, we've lost at least a third of what we could have had