We had the second monthly Atlanta Slate Star Codex meetup yesterday and a fine time was had by all. Fewer people attended (only four) – but I found the conversation just as interesting – it lasted the same amount of time too – a little over three hours.
- Wonder drugs and self-reported results
- Machine learning
- The evils of the modern medical system
- “Lodge Doctors”
- China and enlightened despots
- Infrastructure spending
And for those keeping track at home – the economic theory I tried to explains was Solow’s “Steady State Theory of Capital” – essentially over time the depreciation of existing capital (essentially the same as infrastructure in our conversation) will equal investment – therefore leading to a leveling off of capital goods/infrastructure and growth. Short version – every thing rusts – the more stuff you have, the more rust. And also catch-up growth, and cutting edge growth. My thought (with phrasing in hindsight) is that America is in a cutting edge growth phase, with an old population, whereas China is still in catch up growth, with a young population (albeit one aging rapidly.)
The next meetup will be at the same place – sometime soon after Thanksgiving.