How does this work? The Quran requires that muslims above a certain threshold of wealth give away 2.5% of wealth as charity (“zakat”). In Pakistan, the government automatically taxes citizens above this threshold at the 2.5% level.

The threshold (“nisab”) is historically determined as the price of 612 grams of silver. So each year, the Pakistani government looks at the current price of silver, and taxes everyone who falls above the corresponding threshold.

Individuals who fall *just* below the threshold one year due the changed price of silver suddenly avoid a 2.5% government tax. Those people then increase their private donations to charity.

Many such donations (whether intended or not) go to charities affiliated with terrorist groups. With this additional financing, these groups conduct more attacks:

↑silver price → ↑tax threshold → ↓taxes → ↑charity → ↑terrorist financing → ↑terrorist attacks!

Read the absolutely incredible paper presented at the Stigler Center’s Political Economy of Finance conference in Chicago this weekend, by Nicola Limodio, here.

Source: Ben Marrow

The U.S. Government issued Executive Order 13884, the practical effect of which  is to prohibit almost all  transactions and services between U.S. companies, entities, and individuals in Venezuela. To remain compliant with this order, Adobe is deactivating all accounts in Venezuela.

Executive Order 13884 was issued with no expiration date – the decision to rescind it rests solely with the U.S. Government. We will continue to monitor developments closely and will make every effort to restore services to Venezuela as soon as it is legally permissible to do so.

Source: Adobe

Put your data in the cloud, they said. It’s save and accessible from everywhere, they said.

I’m going to guess that the reason that this machine is brain dead, even though it has its primary power rails, is because … Apple.

Source: YouTube

It died because of improper usage: The user caused the CPU to execute instructions. You’re are not supposed to do that! Macbooks are a piece of art, to show to other people that you have money to just throw away. You’re not supposed to do computing with them. Only nerds do that, with their ugly black Thinkpads.

Some classrooms in China are equipped with AI cameras and brain-wave trackers. While many parents and teachers see them as tools to improve grades, they’ve become some children’s worst nightmare.

Source: WSJ

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    We never asked for this.