Month: June 2014

I support the free market because it makes my stocks and real estate go up, but it makes too many utopian assumptions – specifically how competition is supposed to lead to better products. Maybe better in terms of new features and more advanced technology, but not reliability or perceived speed. Wirth’s Law, a computing adage… Continue reading Planned Obsolescence

Google finally discloses its diversity record, and it’s not good Some people on isteve and elsewhere like to criticize Facebook and Google, but these companies are meritocracies in that they only hire the best and the brightest out of very large application pools, actively screening for high-g candidates. The left wants just the opposite: promotion… Continue reading The Daily View: China, Debt and Why We Need More Millionaires In Congress

[this was part of an earlier post on tax cuts but it deserves its own post] The S&P 500 has closed at another record high. Wealth creation is unstoppable. People are getting richer than ever. America’s position as an economic superpower has only been solidified post-2008 – the exact opposite of what the left predicted… Continue reading The Post-2008 Economic Reality

From the Washington Post and marginal revolution Unemployment fell from 3.3 to 3.2 percent for people with a bachelor’s degree or more, and from 5.7 to 5.5 percent for those with some college. But it actually rose from 6.3 to 6.5 percent for people with only a high school diploma, and from 8.9 to 9.1… Continue reading America’s Polarized Job Market

Stocks keep going up. The S&P 500 has risen over thirty points in the past two days alone. We predict at the minimum dow 18000 by the end of year and S&P 500 at 2100. The creative class is being rewarded with rising stock and real estate prices for the value these individuals bring to… Continue reading An Approach to Eugenics

As shown below, the Bush tax cuts coincided with the bottom of the DJIA in 2003: The Bush tax cuts broadened the tax base, softened the blow of the 2008 banking problem and aided in the subsequent recovery. Economist Paul Krugman wrote in 2007: “Supply side doctrine, which claimed without evidence that tax cuts would… Continue reading A vote for the GOP is a vote for growth

“Reality is that which, when you stop believing in it, doesn’t go away.” –Philip K. Dick That’s where we are today – a willful denial of reality by the left, in particular the commenters on various liberals sites encompassing a collective delusion that we can close the achievement gap with costlier schools or that IQ… Continue reading Education and Reality

From The American Conservative: Our Collective Hatred of Ignorance In the smartist era, the value or importance of intelligence has never been greater. Yet at the same time, the consequences of naivete and ignorance can be grave. Look how Rick Perry, a three-term governor of America’s second largest economy, was decollated by the punditry after… Continue reading Ignorance, The 2008 Financial Problem, and the Limitations of Knowledge