FICO to incorporate buy-now-pay-later loans into credit scores

I think it's very easy to Monday morning quarterback administrative decisions about COVID-19 mitigation now that we're past it, when, at the time, we had very little information which led to a ton of hysteria. I'm not going to relitigate the COVID-19 pandemic response, but I will say I don't think it was inconsistent or ill-advised at all to err on the side of following national health guidance in an emergent situation like that. Even from a purely legal/lawsuit-aversion standpoint, you'd ignore federal guidance/mandates at your financial peril.

You're really missing the point. Many liberal arts college administrations went far beyond any sort of federal government guidance, and imposed lockdown and mandate policies with zero scientific basis. Or look how the Stanford University administration and fellow academics treated Dr. Jay Bhattacharya; that story was repeated at colleges all over the country. The level of hypocrisy and inconsistency makes it clear that they don't deserve any sort of benefit of the doubt.

Classical liberal arts are wonderful, and have been a great benefit to all of humanity. But sadly many academics no longer live up to those ideals in thought, word, and deed. Instead they're more focused on indoctrination and political advocacy then a search for higher truth. If they want to restore public trust in liberal arts education then they need to start by reforming themselves. Otherwise no one will take them seriously, and many taxpayers will oppose public funding.

> at the time, we had very little information which led to a ton of hysteria

If anything, this simply underscores GP's point. Getting hysterical when you lack information is a total failure of critical thinking, so to the extent that liberal arts educators did so, we should be skeptical of their ability to think critically.

>imposed lockdown and mandate policies with zero scientific basis

The If Books Could Kill podcast just came out with an episode last week about how the phrase "lockdown and mandate policies [have] zero scientific basis" is almost technically true but is certainly incredibly misleading. The short version is that it would be incredibly difficult to ethically test many healthcare policies to the point that they have scientific support in the way we usually think of having evidence... but we can look at the preponderance of evidence we do have and understand that masks help block germs and viruses, staying home from work or school means I won't transmit contagious diseases to my colleagues, etc

https://www.buzzsprout.com/2040953/episodes/17348825-in-covi...

No, that's not a correct conclusion in full generality. The first days of Covid where a case of decision-making under uncertainty: what if R had been 10 and the fatality rate had been 25%? We did not know at first, and these are not absurd numbers: they have existed in past pandemics and if they had held again, fatalities could have been in the tens of millions. Locking down until you can gather more data to rule out this possibility is a rational decision under that uncertainty, because there's asymmetric downside risk of "tens of millions die" versus "chattering internet commenters are annoyed they can't go to the beach".

There's more of an argument here regarding lockdowns going on longer than they needed to, but as much as people want to blame "the experts", most of that was bottom-up from voters. To cite one example, despite how many times I've heard to the contrary, the CDC never, at any point, recommended school closures: that was pure grassroots demand from parents.